International Spillovers of Taxiation

This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on inco...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1989
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02484nmm a2200529 u 4500
001 EB000925239
003 EBX01000000000000000718835
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781451974966 
245 0 0 |a International Spillovers of Taxiation 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1989 
300 |a 64 pages 
651 4 |a France 
653 |a Wealth 
653 |a Public financial management (PFM) 
653 |a Income tax 
653 |a Budgeting & financial management 
653 |a Value-added tax 
653 |a Budget planning and preparation 
653 |a Business Taxes and Subsidies 
653 |a National Budget 
653 |a Budget Systems 
653 |a Taxation 
653 |a Public finance & taxation 
653 |a Economics 
653 |a Saving 
653 |a Macroeconomics 
653 |a National accounts 
653 |a Consumption taxes 
653 |a Income tax systems 
653 |a Budgeting 
653 |a Taxes 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a Macroeconomics: Consumption 
653 |a Budget 
653 |a Consumption 
653 |a Spendings tax 
710 2 |a International Monetary Fund 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781451974966.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/1989/043/001.1989.issue-043-en.xml?cid=27048-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on income, consumption, and international borrowing. A simulation model is developed that is richer in structure than the two period analytical model. The analytical and simulation frameworks are used to analyze the consequences of revenue-neutral conversions between income and consumption (VAT) tax systems, the international effects of budget deficits and public-debt management, and the effects of international tax harmonization. We demonstrate that the effects of such changes in the structure of taxes depend critically on international differences in saving and investment propensities