Front Matter Page
Fiscal Affairs Department
Contents
Abstract
I. Introduction
II. Methodology and Data
A. Theory
B. Specification and Estimation
C. Data
III. Results
A. Base Spillovers
B. The Revenue Cost of BEPS
C. Strategic Rate Spillovers
IV. Conclusions
Tables
1. Descriptive Statistics
2. Base Spillovers with Alternative Weighting Matrices
3. Base Spillovers by Income Level, ‘Haven’-Weighted
4. Base Spillovers in Developing Countries
5. Including both GDP- and Haven-weighted Averages
6. Illustrative Revenue Loss Calculations
7. Strategic Rate Spillovers, Alternative Weighting Matrices
8. Strategic Rate Spillovers by Income Level, Inverse-Distance Weighted
Figures
1. Revenue from the Corporate Income Tax, in Percent of Total Revenue
2. Corporate Income Tax Rates, 1980–2013
Appendixes
1. Country Listing and Classification
2. Results Using Average Effective Tax Rates
Appendix Table
1. Base and Strategic Rate Spillovers, using AETR
References