International Tax Leadership among Asymmetric Countries
2015/01/16
研討會日期 : 2015-01-16
時間 : 14:30
主講人 : Professor Yukihiro Nishimura
主持人 : Professor Chun-Hsien Yeh
地點 : Conference Room B110
演講者簡介 : Professor Nishimura received his Ph.D. in Economics from Queen's University in 2002. He is currently an Associate Professor at Osaka University. His research interest includes optimal income taxation, relationship between fiscal decentralization and economic growth (theory and empirics), market failure in the insurance market and the role of the government.
演講摘要 : Multinational companies can shift profit and income between branches in order to reduce the overall tax liabilities of the company. The result is a tax competition between countries. Using a profit shifting model with multinational firms, we consider the sequential choice of tax rates to illustrate the potential effects of tax leadership. We show that: (i) the sequential tax equilibria always Pareto dominate the simultaneous tax equilibrium. (ii) Each country prefers to follow than to lead the tax game. (iii) The tax leadership by the large country risk-dominates the tax leadership by the small country. The results are contrasting with previous results in the literature.
