Tax information exchange with developing countries and tax havens

Resource Information

The work Tax information exchange with developing countries and tax havens represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Books.

Label

Tax information exchange with developing countries and tax havens

Creator

• Braun, J
• Zagler, M

Subject

• developing countries
• exchange of information
• FATCA
• tax haven
• foreign investment
• TIEA

Language

eng

Summary

The exchange of tax information has received ample attention recently, due to a number of recent headlines on aggressive tax planning and tax evasion. Whilst both participating tax authorities will gain when foreign investments (FDI) are bilateral, the authors demonstrate that receiving nations will lose in asymmetric situations.The authors present a bargaining model that proves that tax information exchange will only happen voluntarily with compensation for this loss. They argue that a tax information exchange agreement (TIEA) or a double tax treaty with information exchange is more likely when the capital importer is compensated through official development assistence. They also demonstrate how the foreign account tax compliance act (FATCA) and similar international initiatives bias the bargaining outcome in favour of capital exporting countries

Geographic coverage

International

Index

no index present

Language note

English

Literary form

non fiction

Series statement

WU International Taxation Research Paper Series

Series volume

2015 no. 25