Arel Bundock, Vincent
Conditional tax competition in American states / Vincent Arel-Bundock, Srinivas Parinandi .-- , 2018
Disponible en formato electrónico a través de la Biblioteca del IEF.
Resumen.
Bibliografía.
Cross-border commercial activity raises issues in federations where multiple jurisdictions can claim the right to tax the same income. In the United States, this coordination problem is resolved by splitting the tax base according to the geographic distribution of firms’ sales, capital and labour. The weight of each
factor is determined on a state-by-state basis, which opens room for competitive legislative behaviour. In this complex issue area, however, policymakers must invest lot of resources to monitor competitors, evaluate policy alternatives and shepherd tax reform through the legislative process. This implies that highly
professional legislatures should be more responsive to the policies of nearby states. We consider data on most American states over the period from 1986 to 2013 and find strong evidence of conditional spatial dependence. Our findings suggest that policy diffusion may often be moderated by institutional and political factors.
POLITICA FISCAL
FEDERALISMO FISCAL
ARMONIZACION FISCAL
COMPETENCIA FISCAL NOCIVA
EMPRESAS
LOCALIZACION
ESTADOS UNIDOS
Parinandi, Srinivas
Journal of Public Policy 0143-814X v. 38, Issue 2, June 2018, p. 191-220
Conditional tax competition in American states / Vincent Arel-Bundock, Srinivas Parinandi .-- , 2018
Disponible en formato electrónico a través de la Biblioteca del IEF.
Resumen.
Bibliografía.
Cross-border commercial activity raises issues in federations where multiple jurisdictions can claim the right to tax the same income. In the United States, this coordination problem is resolved by splitting the tax base according to the geographic distribution of firms’ sales, capital and labour. The weight of each
factor is determined on a state-by-state basis, which opens room for competitive legislative behaviour. In this complex issue area, however, policymakers must invest lot of resources to monitor competitors, evaluate policy alternatives and shepherd tax reform through the legislative process. This implies that highly
professional legislatures should be more responsive to the policies of nearby states. We consider data on most American states over the period from 1986 to 2013 and find strong evidence of conditional spatial dependence. Our findings suggest that policy diffusion may often be moderated by institutional and political factors.
POLITICA FISCAL
FEDERALISMO FISCAL
ARMONIZACION FISCAL
COMPETENCIA FISCAL NOCIVA
EMPRESAS
LOCALIZACION
ESTADOS UNIDOS
Parinandi, Srinivas
Journal of Public Policy 0143-814X v. 38, Issue 2, June 2018, p. 191-220