(Bocconi University) The habit of taxing Multinational Enterprises (MNEs)' profits is the legacy of a time when "GM had to make cars in Detroit and Hollywood had to make movies in L.A.", but is now inefficient and detrimental to global welfare, a new study by Nicolai Foss, Rodolfo Debenedetti Chair of Entrepreneurship at Bocconi University, and colleagues asserts. The solution would be zeroing corporate tax and replacing it with a hike in taxes on dividends and sales.
from EurekAlert! - Social and Behavioral Science https://ift.tt/2wZzXD2
No comments:
Post a Comment