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Hidden Havens: State and Local Governments as Tax Havens?

Agrawal, David R. - 2023

An international tax haven is usually a low-tax jurisdiction that seeks to attract investment by foreign investors. But, there are many state and local jurisdictions within federal systems that set zero tax rates on personal or corporate income, consumption, property, and wealth in an effort to...

Persistent link: https://www.econbiz.de/10014377547

The incentive effect of fiscal equalization transfers on tax policy

Buettner, Thiess - 2005

A theoretical analysis considers the impact of a typical system of redistributive ?fiscal equalization? transfers on the taxing effort of local jurisdictions. More specifically, it shows that the marginal contribution rate, i.e. the rate at which an increase in the tax base reduces those...

Persistent link: https://www.econbiz.de/10010261140

Efficient revenue sharing and upper level governments : theory and application to Germany

Büttner, Thiess; Hauptmeier, Sebastian; Schwager, Robert - 2006

Recent literature has emphasized that redistributive grant systems may tend to internalize fiscal externalities arising from tax competition. This paper further explores the conditions under which local grant systems enforced by the state government will enhance efficiency. A system of...

Persistent link: https://www.econbiz.de/10010261409

Using a discontinuous grant to identify the effect of grants on local taxes and spending

Dahlberg, Matz; Mörk, Eva; Rattsø, Jørn - 2006

When investigating the effects of federal grants on the behavior of lower-level governments, it is hard to defend the handling of grants as an exogenous factor affecting local governments; federal governments often set grants based on characteristics and performance of local governments. In this...

Persistent link: https://www.econbiz.de/10010264024

State investment tax incentives: a zero-sum game?

Chirinko, Robert S.; Wilson, Daniel J. - 2007

Though the U.S. federal investment tax credit (ITC) was permanently repealed in 1986, statelevel ITCs have proliferated over the last few decades. Are these tax incentives effective in increasing investment within the state? How much of this increase is due to investment drawn away from other...

Persistent link: https://www.econbiz.de/10010264055

Testing the tax competition theory : how elastic are national tax bases in OECD countries?

Riedl, Aleksandra; Rocha-Akis, Silvia - 2009

To what extent do countries' corporate income tax (CIT) rates attract foreign tax bases? What are the revenue implications of a unilateral tax reduction when tax bases are internationally mobile? These questions are explored using a panel of annual data from 17 OECD countries spanning the period...

Persistent link: https://www.econbiz.de/10010266046

Application of regionally varying additionality degrees in the practice of EU cohesion policy

Nam, Chang Woon; Wamser, Georg - 2010

national regional policy funds. The benchmark for the co-funding is that the EU bears 50% of total costs associated with … regional projects eligible for EU support. In some regions, however, the EU contribution has reached 85% of total costs. This … study examines how such additionality degrees are determined. Our findings indicate that the regional variation of …

Persistent link: https://www.econbiz.de/10010266079

Who do you blame in local finance? An analysis of municipal financing in Italy

Bordignon, Massimo; Piazza, Santino - 2010

A 1999 reform allowed Italian Mayors to partially substitute a more accountable source of tax revenue (the property tax) with a less transparent one (a surcharge on the personal income tax). Theoretical analysis suggests this should give incompetent Mayors a less costly way to hide themselves,...

Persistent link: https://www.econbiz.de/10010270475

Partial tax coordination in a repeated game setting

Itaya, Jun-ichi; Okamura, Makoto; Yamaguchi, Chikara - 2010

This paper addresses the problem of partial tax coordination among regional or national sovereign governments in a …

Persistent link: https://www.econbiz.de/10010270553

Fiscal decentralization and economic growth in OECD countries : is there a relationship?

Baskaran, Thushyanthan; Feld, Lars P. - 2009

We study the relationship between fiscal decentralization and economic growth for 23 OECD countries from 1975 to 2001 by using new panel data on sub-federal tax autonomy. While initial estimations suggest that fiscal decentralization causes lower growth rates, we find that this result is not...

Persistent link: https://www.econbiz.de/10010273795