Edited by: Yariv Brauner, Martin J. McMahon Jr.
USD price: $176.00
Virtually all objections to taxation schemes spring from perceptions of
unfairness. Is tax fairness possible? The question is certainly worth
investigating in depth, and that is the purpose of this book. Today, as
governments are busily making new tax rules in the wake of staggering budget
deficits, is perhaps an appropriate time to pay heed to fairness so it can be
incorporated as far as possible into tax reform. With twelve contributions
from some of the world’s most respected international tax experts—including
the late Paul McDaniel, in whose honor these essays were assembled—this
invaluable book focuses on tax expenditure analysis, the quest for a just
income tax, and division and/or harmonization of the income tax base among
jurisdictions. Among the areas of taxation ripe for reform from a fairness
point of view the authors single out the following:
tax expenditure budget construction;
tax expenditure reporting;
modern welfare economics as a driver of tax reform;
the notion of “horizontal equity”;
the international tax norm of “income source”;
jurisdictional application of VAT.
Specific ongoing reforms in the United States, Australia, and other
countries—as well a detailed analysis of the EU’s proposed common consolidated
corporate tax base (CCCTB)—are also examined for fairness. As a timely,
high-quality resource that effectively tackles an array of salient issues,
this is a book that will be read and studied by tax practitioners, corporate
tax experts, government tax policy makers, advisers and consultants on the
reform and design of tax systems, and international organizations involved in
standard setting related to tax administration, as well as academics and
Part I Tax Expenditures.
Chapter 1 The Staff of the Joint Committee on Taxation Revision of Tax
Expenditure Classification Methodology: What Is To Be Made of a Change That
Makes No Changes?
Paul R. McDaniel.
Chapter 2 Taxing Tax Expenditures?
Martin J. McMahon, Jr.
Chapter 3 The Tax Expenditure Concept Globally
Chapter 4 Tax Reform and Tax Expenditures in Australia
Richard J. Vann.
Chapter 5 Tax Reform Paul McDaniel Style: The Repeal of the Grantor
Laura E. Cunningham & Noel B. Cunningham.
Part II The Fair Tax Base and International Tax Reform.
Chapter 6 Horizontal Equity Revisited
James Repetti & Diane Ring.
Chapter 7 What Is This Thing Called Source?
Chapter 8 Formula Based Transfer Pricing
Part III A Comparative Perspective
Chapter 9 The EU proposed CCCTB—Some Tax Treaty Issues
Kees van Raad.
Chapter 10 Shared Legal Orders: Some Thoughts about the Influence of EU
Case Law on International Tax Law Rules of the EU Member States
Irene J.J. Burgers.
Chapter 11 Intra Group Loans—A Swedish Perspective
Chapter 12 European VAT and Jurisdiction to Tax
Antonio Vázquez del Rey.