A proposal for unitary taxes on the profits of transnational corporations

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberX/C 22(82/2004)
cepal.docTypeRevistas
cepal.idSade20903
cepal.topicEngFOREIGN DIRECT INVESTMENT
cepal.topicSpaINVERSIÓN EXTRANJERA DIRECTA
dc.contributor.authorMold, Andrew
dc.date.accessioned2014-01-02T18:43:45Z
dc.date.available2014-01-02T18:43:45Z
dc.date.issued2004-04
dc.descriptionIncludes bibliography
dc.description.abstract Foreign direct investment (FDI); in developing countries has been increasing at an unprecedented rate, and the profitability of the operations of the investing firms in poor regions like Sub-Saharan Africa is extraordinarily high. Yet at the same time there is growing evidence that transnational corporations (TNCs); are paying less and less in terms of tax. The developing countries in particular have suffered from this —it has been estimated that developing country governments lose at least US$35 billion a year of revenue through tax avoidance practices. This paper presents empirical evidence and a proposal for applying a unitary tax system on the profits of TNCs. Such a system would eliminate one of the most powerful mechanisms at the disposal of TNCs for illegally avoiding tax payments—transfer pricing. The paper concludes by arguing that a proposal for a unitary tax system on a worldwide basis may be sufficient to unblock the negotiations on a multilateral investment code.
dc.formatTexto
dc.format.extentpáginas. 37-53
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2220-P
dc.identifier.urihttps://hdl.handle.net/11362/11008
dc.language.isoeng
dc.physicalDescriptionp. 37-53
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo82
dc.relation.isPartOfSeriesCEPAL Review
dc.subject.unbisEngCAPITAL GAINS TAX
dc.subject.unbisEngDEVELOPING COUNTRIES
dc.subject.unbisEngFOREIGN DIRECT INVESTMENT
dc.subject.unbisEngINVESTMENT AGREEMENTS
dc.subject.unbisEngNATIONAL INCOME
dc.subject.unbisEngTAX EVASION
dc.subject.unbisEngTRANSNATIONAL CORPORATIONS
dc.subject.unbisSpaACUERDOS DE INVERSION
dc.subject.unbisSpaEMPRESAS TRANSNACIONALES
dc.subject.unbisSpaEVASION TRIBUTARIA
dc.subject.unbisSpaIMPUESTO DE PLUSVALIA
dc.subject.unbisSpaINGRESO NACIONAL
dc.subject.unbisSpaINVERSION EXTRANJERA DIRECTA
dc.subject.unbisSpaPAISES EN DESARROLLO
dc.titleA proposal for unitary taxes on the profits of transnational corporations
dc.type.coarartículo
dspace.entity.typePublication
relation.isAuthorOfPublicationa2920d6b-ee05-4237-ab73-b0bcca0101f0
relation.isAuthorOfPublication.latestForDiscoverya2920d6b-ee05-4237-ab73-b0bcca0101f0
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