## Globalization, Tax Competition and the Future of Tax Systems

_IMF Working Papers, December 1, 1996_

## Source details

**Canonical URL:** [Globalization, Tax Competition and the Future of Tax Systems](https://www.imf.org/en/publications/wp/issues/2016/12/30/globalization-tax-competition-and-the-future-of-tax-systems-1928)

## Other formats

- [Markdown version](/en/publications/wp/issues/2016/12/30/globalization-tax-competition-and-the-future-of-tax-systems-1928/index.md)
- [Structured JSON version](/en/publications/wp/issues/2016/12/30/globalization-tax-competition-and-the-future-of-tax-systems-1928/index.json)
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## Bibliographic details
- Authors: Vito Tanzi
- Published: December 1, 1996
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451928280.001

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### Summary and purpose
- 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.

### Key subjects and keywords
- 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

### Core findings and analytical focus
- 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.

### Speculations and future-oriented analysis
- 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.

### Access and formats
- 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.

*Vito Tanzi, "Globalization, Tax Competition and the Future of Tax Systems", IMF Working Papers 1996, 141 (1996).*

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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/30/globalization-tax-competition-and-the-future-of-tax-systems-1928_