Dhammika Dharmapala
From University of Illinois College of Law, USA
An Analysis of Budget Offset Requirements for Tax Expenditures
Abstract Budget rules enacted by Congress in the 1990’s (and currently still in force) established pay-as- you-go (PAYGO) rules requiring that the revenue loss from any new or expanded tax expenditure provision be offset in the same fiscal year by legislation raising an equivalent amount of extra revenue. This note extends Dharmapala’s (1999) model of [...]
What Problems and Opportunities are Created by Tax Havens?
Abstract Tax havens have attracted increasing attention from policymakers in recent years. This paper provides an overview of a growing body of research that analyzes the consequences and determinants of the existence of tax haven countries. For instance, recent evidence suggests that tax havens tend to have stronger governance institutions than comparable nonhaven countries. Most [...]
