No Business Taxation Without Model Representation
Author | : Benjamin Carton |
Publisher | : International Monetary Fund |
Total Pages | : 61 |
Release | : 2017-11-17 |
ISBN-10 | : 9781484330326 |
ISBN-13 | : 1484330323 |
Rating | : 4/5 (26 Downloads) |
Download or read book No Business Taxation Without Model Representation written by Benjamin Carton and published by International Monetary Fund. This book was released on 2017-11-17 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed at the International Monetary Fund for policy analysis and international economic research. This paper documents the incorporation of corporate income, cash-flow and destination based cash-flow taxes into the model. The analysis presented considers the transmission mechanism of these taxes and details how financial frictions interact with each of the taxes.