{
  "title": "Globalization, Tax Competition and the Future of Tax Systems",
  "publication": "IMF Working Papers, December 1, 1996",
  "sourceUrl": "https://www.imf.org/en/publications/wp/issues/2016/12/30/globalization-tax-competition-and-the-future-of-tax-systems-1928",
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  "summary": "This paper discusses the implications for tax systems of globalization of capital markets and of economies. It shows the extent to which particular taxes are affected by the globalization process. It speculates on future developments in this area and on tax competition.",
  "sections": [
    {
      "heading": "Summary and purpose",
      "content": "- This paper discusses the implications for tax systems of globalization of capital markets and of economies.\n- It shows the extent to which particular taxes are affected by the globalization process.\n- It speculates on future developments in this area and on tax competition."
    },
    {
      "heading": "Key subjects and keywords",
      "content": "- Subject areas: Competition, Corporate income tax, Financial markets, Income and capital gains taxes, Income tax systems, Revenue administration, Taxes\n- Keywords: closed economy, Competition, Corporate income tax, country, enterprise, enterprise's branch, Global, Income and capital gains taxes, Income tax systems, intra-firm trade, multinational enterprise, net effect, tax authorities, tax competition, tax rate, tax-haven country, WP"
    },
    {
      "heading": "Core findings and analytical focus",
      "content": "- Examines how globalization of capital markets and economies affects tax systems.\n- Identifies which particular taxes are impacted by globalization.\n- Analyzes interactions between multinational enterprises, intra-firm trade, and tax authorities in the context of tax competition.\n- Considers net effects of tax competition and the role of tax-haven countries."
    },
    {
      "heading": "Speculations and future-oriented analysis",
      "content": "- Offers speculation on future developments in tax systems as globalization progresses.\n- Explores scenarios of increasing tax competition among countries and implications for tax policy and administration."
    },
    {
      "heading": "Access and formats",
      "content": "- This working paper is part of IMF Working Papers and is available in multiple formats via the IMF eLibrary.\n- Citation example (Chicago format) provided on the source page.\n\nVito Tanzi, \"Globalization, Tax Competition and the Future of Tax Systems\", IMF Working Papers 1996, 141 (1996).\n\n---\n\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/30/globalization-tax-competition-and-the-future-of-tax-systems-1928"
    }
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    "Authors: Vito Tanzi",
    "Published: December 1, 1996",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451928280.001",
    "This paper discusses the implications for tax systems of globalization of capital markets and of economies.",
    "It shows the extent to which particular taxes are affected by the globalization process.",
    "It speculates on future developments in this area and on tax competition.",
    "Subject areas: Competition, Corporate income tax, Financial markets, Income and capital gains taxes, Income tax systems, Revenue administration, Taxes",
    "Keywords: closed economy, Competition, Corporate income tax, country, enterprise, enterprise's branch, Global, Income and capital gains taxes, Income tax systems, intra-firm trade, multinational enterprise, net effect, tax authorities, tax competition, tax rate, tax-haven country, WP",
    "Examines how globalization of capital markets and economies affects tax systems.",
    "Identifies which particular taxes are impacted by globalization.",
    "Analyzes interactions between multinational enterprises, intra-firm trade, and tax authorities in the context of tax competition.",
    "Considers net effects of tax competition and the role of tax-haven countries.",
    "Offers speculation on future developments in tax systems as globalization progresses.",
    "Explores scenarios of increasing tax competition among countries and implications for tax policy and administration.",
    "This working paper is part of IMF Working Papers and is available in multiple formats via the IMF eLibrary.",
    "Citation example (Chicago format) provided on the source page."
  ],
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