04978oam 22012254 450 991081692360332120200520144314.01-4623-7495-61-4527-1375-81-282-84243-91-4518-7168-69786612842436(CKB)3170000000055193(EBL)1608158(SSID)ssj0000940084(PQKBManifestationID)11491950(PQKBTitleCode)TC0000940084(PQKBWorkID)10946288(PQKB)10199304(OCoLC)465438068(MiAaPQ)EBC1608158(IMF)WPIEE2009021(IMF)WPIEA2009021(EXLCZ)99317000000005519320020129d2009 uf 0engur|n|---|||||txtccrCauses, Benefits, and Risks of Business Tax Incentives /Alexander Klemm1st ed.Washington, D.C. :International Monetary Fund,2009.1 online resource (29 p.)IMF Working PapersDescription based upon print version of record.1-4519-1604-3 Includes bibliographical references.Contents; I. Introduction; Boxes; 1: Typical Tax Incentives; II. Theory-Broad Principles; A. Background: Tax Competition; B. Possible Responses to Tax Competition; III. Theory-Detailed Considerations; A. Costs and Benefits of Incentives; B. Principles for Choosing Tax Incentives; C. Assessment of Typical Tax Incentives; 1. Effective Tax Rates Under Different Incentives; D. The Scope for Coordination; IV. Empirical Evidence; V. Conclusion; Tables; 1. Possible Justifications for Tax Incentives; Figures; References; ReferencesThis paper provides an updated overview of tax incentives for business investment. It begins by noting that tax competition is likely to be a major force driving countries' tax reforms, and discusses tax incentives as a possible response to this. This is complemented by other arguments for and against tax incentives, and by an illustrative analysis of different incentives using effective tax rates. Findings from the empirical literature on tax incentives are also presented. Based on the overview of theoretical and empirical findings, the paper then suggests a matrix of criteria to determine the usefulness of different tax incentives depending on a country's circumstances.IMF Working Papers; Working Paper ;No. 2009/021Tax incentivesCorporationsTaxationBusiness Taxes and SubsidiesimfCapacityimfCapitalimfCorporate & business taximfCorporate income taximfCorporate TaxationimfCorporationsimfDepreciationimfIncome taximfIntangible CapitalimfInternational Fiscal IssuesimfInternational Public GoodsimfInvestmentimfInvestments: GeneralimfMacroeconomicsimfNational accountsimfPersonal Finance -TaxationimfPersonal Income and Other Nonbusiness Taxes and SubsidiesimfPublic finance & taxationimfSaving and investmentimfTax allowancesimfTax holidaysimfTax incentivesimfTaxationimfTaxation, Subsidies, and Revenue: GeneralimfTaxesimfPuerto RicoimfTax incentives.CorporationsTaxation.Business Taxes and SubsidiesCapacityCapitalCorporate & business taxCorporate income taxCorporate TaxationCorporationsDepreciationIncome taxIntangible CapitalInternational Fiscal IssuesInternational Public GoodsInvestmentInvestments: GeneralMacroeconomicsNational accountsPersonal Finance -TaxationPersonal Income and Other Nonbusiness Taxes and SubsidiesPublic finance & taxationSaving and investmentTax allowancesTax holidaysTax incentivesTaxationTaxation, Subsidies, and Revenue: GeneralTaxes336.243160941Klemm Alexander1614323DcWaIMFBOOK9910816923603321Causes, Benefits, and Risks of Business Tax Incentives4037926UNINA