International Tax Policy
Between Competition and Cooperation

Explains why perfecting, rather than curbing, interstate competition would make international taxation both more efficient and more just.

Tsilly Dagan (Author)

9781107531031, Cambridge University Press

Paperback / softback, published 6 December 2018

261 pages, 3 tables
22.9 x 15.1 x 1.2 cm, 0.38 kg

'This book is the most important re-evaluation of the international tax regime in the post financial crisis era. Professor Dagan's incisive analysis shows the drawbacks of the post-crisis reforms in international taxation that were driven by the G20 and the OECD from a distributive justice perspective. It should be required reading for tax policy makers all over the world and especially within OECD and G20 countries.' Reuven S. Avi-Yonah, Irwin I. Cohn Professor of Law, University of Michigan

Bringing a unique voice to international taxation, this book argues against the conventional support of multilateral co-operation in favour of structured competition as a way to promote both justice and efficiency in international tax policy. Tsilly Dagan analyzes international taxation as a decentralized market, where governments have increasingly become strategic actors. While many of the challenges of the current international tax regime derive from this decentralized competitive structure, Dagan argues that curtailing competition through centralization is not necessarily the answer. Conversely, competition - if properly calibrated and notwithstanding its dubious reputation - is conducive, rather than detrimental, to both efficiency and global justice. International Tax Policy begins with the basic normative goals of income taxation, explaining how competition transforms them and analyzing the strategic game states play on the bilateral and multilateral level. It then considers the costs and benefits of co-operation and competition in terms of efficiency and justice.

Introduction
1. Dilemmas of tax policy in a globalized economy
2. Global planners and strategic players
3. The tax treaties myth
4. Costs of multilateral coordination
5. Cooperation and its discontents
6. International tax and global justice
Conclusion and the road ahead.

Subject Areas: Taxation & duties law [LNU], International economic & trade law [LBBM], Taxation [KFFD1]