Research Catalog

Title

Taxation of cross-border portfolio investment : mutual funds and possible tax distortions.

Publication

Paris : Organisation for Economic Co-operation and Development, 1999.

Items in the Library & Off-site

Details

Additional Authors

Organisation for Economic Co-operation and Development.

Description

173 pages : illustrations; 27 cm

Summary

The 1990s have witnessed a significant increase in cross-border capital flows and a pronounced shift in their composition towards portfolio investment, with much of the capital under management by mutual funds or "collective investment institutions" resident in OECD countries, as well as in offshore tax-free environments. These developments motivate countries to review and monitor the operation of their tax rules in this area, notably the interaction of domestic tax rules with tax systems and practices in other countries, to ensure that policy goals are being addressed. This book analyses the taxation of cross-border portfolio investments by means of collective investment institutions. Possible tax distortions specific to the area of collective investment institutions are identified for a representative group of OECD countries. The analysis and calculations contained in the book, while illustrative and not capturing the full richness of the possible permutations under tax regimes, draw out key tax distortions, neutrality conditions and policy options.

Subject

• Mutual funds > Taxation > Law and legislation > OECD countries
• Investments > Taxation > Law and legislation > OECD countries
• Investments > Taxation > Law and legislation
• Mutual funds > Taxation > Law and legislation
• Buitenlandse investeringen
• Fiscale aspecten
• Belastingvermijding
• OECD countries

Bibliography (note)

• Includes bibliographical references (p. 105).

ISBN

• 9264170456
• 9789264170452

LCCN

99228533

OCLC

• ocm41500047
• 41500047
• SCSB-766604

Owning Institutions

Princeton University Library