LEADER 04722nam 2200697Ia 450 001 9910809616303321 005 20200520144314.0 010 $a1-55775-481-0 010 $a1-58906-528-X 035 $a(CKB)2550000001041723 035 $a(EBL)1607031 035 $a(SSID)ssj0000960655 035 $a(PQKBManifestationID)11553766 035 $a(PQKBTitleCode)TC0000960655 035 $a(PQKBWorkID)10960034 035 $a(PQKB)11174753 035 $a(OCoLC)815548360 035 $a(Au-PeEL)EBL1607031 035 $a(CaPaEBR)ebr10661932 035 $a(IMF)WPIEE2012252 035 $a(IMF)WPIEA2012252 035 $a(MiAaPQ)EBC1607031 035 $a(EXLCZ)992550000001041723 100 $a20121031d2012 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aGlobalization and corporate taxation /$fprepared by Manmohan S. Kumar and Dennis P. Quinn 205 $a1st ed. 210 $a[Washington, D.C.] $cInternational Monetary Fund$dc2012 215 $a1 online resource (51 p.) 225 1 $aIMF working paper ;$vWP/12/252 300 $aTitle from PDF title page (IMF Web site, viewed Oct. 31, 2012). 300 $a"Fiscal Affairs and Finance Department." 300 $a"October 2012." 311 $a1-4755-4033-7 311 $a1-55775-475-6 320 $aIncludes bibliographical references. 327 $aCover; Contents; I. Introduction; II. Corporate Income Taxes and the Current Macroeconomic Context; III. Financial Globalization, Political Economy Factors, and Corporate Tax Rates; A. Open Economy Macroeconomics; B. Globalization and Strategic Considerations; C. Diffusion of Ideas; IV. Hypotheses; V. Data and Measures, and Methodology; VI. Results; VII. Conclusions; Figures; 1.Central Government Corporate Tax Rates by Region; 2. Corporate Income Tax Rate; 3. Unweighted Average of Central Government Corporate Revenue Central as Percent of GDP 327 $a4. Home CTR, s vs. Home CTR-U.S. CTR, s-1, Five-year Averages, 1955-20095. Home CTR, s vs. Home CTR-U.S. CTR, s-1, Five-year Averages, 1970-79; 6. Home CTR, s vs. Home CTR-U.S. CTR, s-1, Five-year Averages, 1980-89; 7. Home CTR, s vs. Home CTR-U.S. CTR, s-1, Five-year Averages, 1990-99; 8. Home CTR, s vs. Home CTR-U.S. CTR, s-1, Five-year Averages, 2000-09; 9. Home Corporate Tax Rates vs. U.S. Corporate Tax Rates-Estimates from GMM System Estimations, Table 4; 10. Top Personal and Top Corporate Tax Rates Unweighted Global Averages 1981-2005; Tables 327 $a1a. Factor Analysis of Regressors and Regressand 1b. Factor Analysis of Regressors and Regressand; 2. Determinants of Corporate Tax Rates: Full Sample, OECD and non-OECD; 3. Determinants of Corporate Tax Rates: OECD, Emerging and Developing Economies I; 4. Determinants of Corporate Tax Rates: OECD, Emerging and Developing Economies II; 5. Corporate Taxation, Capital Share and Countries' Net Asset Position; Appendix Tables; 1. Corporate Tax Revenues as a Percentage of GDP; 2. Country Classification; References 330 3 $aThis paper analyzes the extent to which the degree of international economic integration, both financial and trade, affects corporate tax rates. It explores this issue in the context of strategic behavior by countries, taking into account other global and domestic political economy factors. Tax rates are analyzed using a unique tax dataset for advanced and developing economies extending over five decades. We report a number of novel results: there is no general negative relationship between financial globalization and corporate tax rates and revenues?results vary according to country grouping with OECD countries showing a positive relationship; the United States exhibits a ?Stackelberg? type of leadership on other countries; trade integration is inversely correlated with tax rates; and public sentiment and ideology affect tax rates. The policy implications of these findings, particularly given budgetary pressures in the aftermath of the global crisis, are noted. 410 0$aIMF working paper ;$vWP/12/252. 606 $aCorporations$xTaxation 606 $aGlobalization 615 0$aCorporations$xTaxation. 615 0$aGlobalization. 676 $a332.1;332.152 700 $aKumar$b Manmohan S$01755362 701 $aQuinn$b Dennis P$g(Dennis Patrick),$f1955-$01755363 712 02$aInternational Monetary Fund.$bFiscal Affairs Department. 712 02$aInternational Monetary Fund.$bFinance Dept. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910809616303321 996 $aGlobalization and corporate taxation$94192119 997 $aUNINA