International Tax Competition

Globalisation and Fiscal Sovereignty

Paperback: £60.00
978-0-85092-688-0

International Tax Competition
Read online

Contributors: Rajiv Biswas
Publication date: 1 January 2002
Size: 215mm x 139mm
ISBN: 978-0-85092-688-0
Pages: 316

International tax competition has come to the forefront of global economic policy debate at the outset of the 21st Century. The importance of taxation regimes as an essential factor in driving economic growth, investment inflows and national development has increasingly been recognised.

However, there have also been growing concerns amongst the European Union and the OECD countries that tax competition can be harmful to their economies. A large number of Commonwealth developing countries are now potentially affected by the EU and OECD initiatives to regulate international tax competition.

This book provides a collection of articles by experts from Commonwealth countries on international tax competition, considering the concerns of affected nations. Issues such as globalisation and fiscal sovereignty, WTO issues, and economic development perspectives are considered with particular reference to the concerns of small and developing economies of the Commonwealth.



ContentsExpand or collapse me

Introduction: Globalisation, Tax Competition and Economic Development by Rajiv Biswas  

GLOBALISATION AND INTERNATIONAL TAXATION

The OECD Harmful Tax Competition Policy: A Major Issue for Small States by Professor Bishnodat Persaud, Director, Commonwealth Partnership for Technology Management
Promoting a More Inclusive Dialogue by George A McCarthy OBE, Financial Secretary, Cayman Islands
Globalisation and Tax-related Issues: What are the Concerns? by Papali’i T. Scanlon, Governor, Central Bank of Samoa The Future of Financial Services in the Caribbean by HE Sir Ronald Sanders, KCN, CMG, Chief Foreign Affairs Representative of Antigua and Barbuda
Administrative and Resource Implications for Small States by Sir Neville Nicholls, former President of the Caribbean Development Bank
Governance in a Globalised World: Is it the End of the Nation State? by Dale Pinto, Senior Lecturer, School of Business Law, Curtin University  

INTERNATIONAL TAX COMPETITION IN BUSINESS SERVICES

The OECD Harmful Tax Competition Initiative by Professor Michael P Devereux, Professor of Economics and Finance, Warwick University
International Trade in Offshore Business Services: Can Developing Countries Compete? by Rajiv Biswas, Senior Economist, Commonwealth Secretariat
The OECD and the Captive Insurance Industry: The OECD Report Re-examined by Dr Trevor A Carmichael, QC, Chancery Chambers  

THE WORLD TRADE ORGANISATION AND FISCAL COMPETITION

WTO Compatibility of the OECD ‘Defensive Measures’ against Harmful Tax Competition by Dr Roman Grynberg, Deputy Director, and Bridget Chilala, Senior Programme Officer, Commonwealth Secretariat
Potential WTO Claims in Response to Countermeasures under the OECD’s Recommendations Applicable to Alleged Tax Havens by Stephen J Orava, Senior Associate and Co-ordinator, WTO Practice (Europe), Baker & McKenzie
Export Processing Zones and the WTO Agreement on Subsidies and Countervailing Measures by David Robertson, WTO in Practice (Asia Pacific), Baker & McKenzie  

REGULATORY ISSUES FOR FINANCIAL CENTRES

Getting the Domestic Financial Architecture Right by Winston Cox, Deputy Secretary-General, Commonwealth Secretariat
The Five Essential Issues Facing Offshore Financial Centres by Colin Powell OBE, Chairman, Hersey Financial Services Commission
Offshore Financial Centres and the Supranationals: Collision or Cohabitation? by Richard J. Hay, Stikeman Elliot
Transparency versus Privacy: Reflections on OECD Concepts of Harmful Tax Competition by Terence Dwyer and Deborah Dwyer, Australian National University  

INTERNATIONAL LEGAL AND CONSTITUTIONAL ISSUES

Some Legal Issues Arising out of the OECD Reports on Harmful Tax Competition by David Simmons QC, former Attorney General of Barbados
The OECD, Harmful Tax Competition and Tax Havens: Towards an Understanding of the International Legal Context by Professor William Gilmore, Faculty of Law, University of Edinburgh