About the event
Join us for the launch of an exciting new book by Michael Devereux, Alan Auerbach, Michael Keen, Paul Oosterhuis, Wolfgang Schön and John Vella.
Chair
Evan Davis, BBC
Presenter
Michael Devereux, Oxford
Panel
- Lilian Faulhaber, Georgetown University
- Clemens Fuest, ifo Institute, Munich
- Michelle Hanlon, MIT
- Paul Oosterhuis, Skadden Arps
- Pascal Saint-Amans, OECD
About the book
Taxing Profit in a Global Economy undertakes a fundamental review of the existing international system of taxing business profit. It steps back from the current political debates on how to combat profit shifting and how taxing rights over the profits of the digitalized economy should be allocated. Instead, it starts from first principles to ask how we should evaluate a tax on business profit - and whether there is any good rationale for such a tax in the first place. It then goes on to evaluate the existing system and a number of alternatives that have been proposed. It argues that the existing system is fundamentally flawed, and that there is a need for radical reform. A key conclusion from the analysis is that there would be significant gains from a reform that moved the system towards taxing profit in the country in which a business made its sales to third parties.
- Written by a group of leading academics and practitioners from law and economics, addressing fundamental issues of principle and practice in the taxation of business profit and the allocation of taxing rights over such profit among countries
- Evaluates the existing regime and commonly discussed reform options
- Develops and evaluates two further reform options following the prescriptions derived from first principles
Taxing Profit in a Global Economy is available to order in paperback, ebook, and hardback formats. Order online at www.oup.com/academic with promotion code ALAUTHC4 to save 30%.