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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/10013317654
Based on an analysis of 3,844 tax treaties, the Vienna Convention on the Law of Treaties and its Commentaries (VCLT), and case law of various domestic and international courts.The current orthodoxy maintains that courts are not required to compare all language texts of a plurilingual treaty but...
Persistent link: https://www.econbiz.de/10012850635
Researchers in a number of fields have explored the question of why people voluntarily comply with the tax laws. The resulting scholarship suggests that a number of factors influence that decision, but the precise role of, and interaction between, those factors continue to be subjects of debate....
Persistent link: https://www.econbiz.de/10014137603
In addition to funding government and redistributing income, a redistributive tax-and-transfer system, and a progressive income tax in particular, provides insurance against the risk of uncertain future income. By providing for high taxes for high incomes, and low taxes, exemptions, and...
Persistent link: https://www.econbiz.de/10014037135
Persistent link: https://www.econbiz.de/10012289215
When a government considers a subsidy for an underdeveloped region, it has several options: the subsidies can be for … production or worker immigration. Under full employment, replacing the lump-sum subsidy with the other subsidies benefit (harm … the recipient and non-recipient regions, production and employment subsidies benefit, but a wage subsidy harms, the …
Persistent link: https://www.econbiz.de/10011903804
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...
Persistent link: https://www.econbiz.de/10010403532
agricultural spending, but in the Russian agricultural budget the subsidies to individual producers prevail. While the prevalence … of the subsidies in the budget benefits the largest and most successful producers, this was part of the strategy to …
Persistent link: https://www.econbiz.de/10012265566
higher for the Western control group coun-tries than for the CEEC sample. EU innovation subsidies partly compensated the CEEC … funding of local governments at the country level, the subsidies crowded in national and local projects at the firm level …
Persistent link: https://www.econbiz.de/10012591951
the link between production-related subsidies and exports. We document that only a small fraction of enterprises is … subsidized, and that exports and subsidies are positively related. Using a matching approach to investigate the causal effect of … subsidies on export activities we find no impact of subsidies on the probability to start exporting, and only weak evidence for …
Persistent link: https://www.econbiz.de/10003826143