1999 Fiscal Year Final Research Report Summary
On the taxation system of multinational investment.
| Project/Area Number |
10630093
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Public finance/Monetary economics
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| Research Institution | Waseda University |
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Principal Investigator |
BABA Yoshihisa Waseda University, School of Political Science and Economics, Professor, 政治経済学部, 教授 (80148022)
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| Project Period (FY) |
1998 – 1999
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| Keywords | multinational corporation / comprehensive business tax / imputation system / foreign profit / transfer price / dual income tax |
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| Research Abstract |
1. The dual income tax is superior to comprehensive income tax as taxation strategy of Japan. This result is found by reviewing the working of latter tax system in high-tax burden countries facing international capital movement such as Sweden.
2. Comprehensive business tax method is a better method than imputation system. The chief reason is that it can be consistent with dual income tax and fulfils major three principles of taxation-equity, neutrality, simplicity.
3. If we assess integration prototypes of corporation and individual income tax in term of the neutrality of capital export and investment of multinational corporations, comprehensive business tax method is more appropriate than imputation one as a corporation tax system. As the former corresponds to the source principle of international taxation, we can tax domestic dividend and foreign one equally, which contributes to fulfillment of the neutrality of taxation.
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Research Products
(8 results)
