Tax

13 07 2016

Fixing profit shifting to avoid tax

By | 13 July 2016|Categories: Governance, Regulatory Capitalism, Responsive Regulation, Tax, Tax avoidance, Taxation reform|Tags: , , , , |

Around the turn of the century, the Australian Tax Office took some rather effective responsive regulatory initiatives to counter profit shifting by multinational corporations. The measures involved negotiating with major accounting firms and targeted companies who were paying little or no tax to display to them a regulatory pyramid of escalated monitoring and sanctions unless […]

15 06 2016

Two simple tax reforms

By | 15 June 2016|Categories: Regulation, Tax, Taxation reform|Tags: , |

Most tax reform is complicated to both understand, and to figure out what its real effect would be. Here I advocate two simple reforms that would not necessarily solve any of the major challenges of tax reform, but that would help with its biggest challenges.

One is to dramatically increase taxes on real estate—on both private […]