Integration, tax competition and harmonization: Should ASEAN be concerned?
(2008)Department of Economic History
- Abstract
- In the European Union (EU) policymakers are faced with many challenges in national corporate taxation policy from globalization, in particular the increasing cross-border mobility of capital. The EU member countries have become a highly integrated single market and this has meant that trade and investment flows are highly sensitive to corporate tax rates. Corporate tax rates have fallen over the last decade in the EU to an average below 30 per cent. This has raised concern and fostered the debate as to whether this should be avoided or solved through harmonizing tax policy. Given that Association of South East Asian Nations (ASEAN) is a fast growing region that is implementing many measures to increase internal integration the EU can be... (More)
- In the European Union (EU) policymakers are faced with many challenges in national corporate taxation policy from globalization, in particular the increasing cross-border mobility of capital. The EU member countries have become a highly integrated single market and this has meant that trade and investment flows are highly sensitive to corporate tax rates. Corporate tax rates have fallen over the last decade in the EU to an average below 30 per cent. This has raised concern and fostered the debate as to whether this should be avoided or solved through harmonizing tax policy. Given that Association of South East Asian Nations (ASEAN) is a fast growing region that is implementing many measures to increase internal integration the EU can be used as a guide in the area of tax competition and harmonization. The paper explores taxation theory and uses empirical evidence from corporate taxation rates over the period of 1998-2006 to determine how regional integration has affected tax competition and harmonization and whether or not ASEAN is heading the same way as the EU. Examining the case of competition and harmonization the paper finds support for ASEAN to reform its corporate taxation policy to reflect more closely the EU’s approach to managing the pressures of increased globalisation and regional integration. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1338636
- author
- Hayes, Kirsten
- supervisor
- organization
- year
- 2008
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- harmonization, Tax competition, ASEAN integration, Social and economic history, Ekonomisk och social historia
- language
- English
- id
- 1338636
- date added to LUP
- 2008-06-11 00:00:00
- date last changed
- 2010-08-03 10:51:47
@misc{1338636,
abstract = {{In the European Union (EU) policymakers are faced with many challenges in national corporate taxation policy from globalization, in particular the increasing cross-border mobility of capital. The EU member countries have become a highly integrated single market and this has meant that trade and investment flows are highly sensitive to corporate tax rates. Corporate tax rates have fallen over the last decade in the EU to an average below 30 per cent. This has raised concern and fostered the debate as to whether this should be avoided or solved through harmonizing tax policy. Given that Association of South East Asian Nations (ASEAN) is a fast growing region that is implementing many measures to increase internal integration the EU can be used as a guide in the area of tax competition and harmonization. The paper explores taxation theory and uses empirical evidence from corporate taxation rates over the period of 1998-2006 to determine how regional integration has affected tax competition and harmonization and whether or not ASEAN is heading the same way as the EU. Examining the case of competition and harmonization the paper finds support for ASEAN to reform its corporate taxation policy to reflect more closely the EU’s approach to managing the pressures of increased globalisation and regional integration.}},
author = {{Hayes, Kirsten}},
language = {{eng}},
note = {{Student Paper}},
title = {{Integration, tax competition and harmonization: Should ASEAN be concerned?}},
year = {{2008}},
}