| ID | 052505 |
| Title Proper | Globalization and the politics of international corporate taxation: a view from India |
| Language | ENG |
| Author | Mukherji, Rahul |
| Publication | April 2004. |
| Summary / Abstract (Note) | Globalization spurred by information and communications technology could erode the ability of states to tax corporations. Digitization makes it easy to penetrate foreign markets without the need for physical presence in the buyer's country. This phenomenon has generated debates on the salience of source- versus residence-based taxation, and the definition of permanent establishment. There is no multilateral organization governing international corporate taxation. The article notes both the inadequacy of unilateral approaches and the need for a global approach to setting and monitoring standards. Consistent with the interests of producer developing countries like India, it commends the vitality of source-based principles and the traditional conception of permanent establishment. India's interests are similar to those of many capital-scarce producer countries exporting their services over the Internet. Moreover, they are not antithetical to the interests of capital-abundant countries. The issue area is in dire need of global governance. |
| `In' analytical Note | India Review Vol. 3, No.2; April 2004: p89-113 |
| Journal Source | India Review Vol: 3 No 2 |
| Key Words | Globalization ; Information Technology ; Information and communications Technology ; ICT ; Economic Integration ; India |