IDEAS home Printed from https://ideas.repec.org/p/npf/wpaper/95-5.html
   My bibliography  Save this paper

Global taxes

Author

Listed:
  • Shome, Parthasarathi

    (National Institute of Public Finance and Policy)

Abstract

This paper argues that environmentlly oriented revenue sources are the preferred option for a global tax reflecting their ability to generate a double dividend by, first, helping to keep the environment clean with its concomitant positive impact on community welfare and, second, enabling the use of the revenue collected to mitigate global developmental concerns. A global carbon tax with the requirement of a minimum contribution is most suitable among alternative energy taxes even though taxes on transport congestion are also feasible. Global financial transactions taxes-despite their significant revenue potential--carry the possibility of distorting prices and volumes of international financial transactions. Based on selected experiences in international treaty making from the recent past, it is not certain, however, that either tax would be easy to introduce. Questions also arise regarding their administration on a global scale unless innovatively designed, regulated and implemented.

Suggested Citation

  • Shome, Parthasarathi, 1995. "Global taxes," Working Papers 95/5, National Institute of Public Finance and Policy.
    • Handle: RePEc:npf:wpaper:95/5
    Note: Working Paper 5, 1995
    as

    Download full text from publisher

    File URL: http://www.nipfp.org.in/newweb/sites/default/files/wp_1995_05.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Richard M. Bird, 2018. "Are global taxes feasible?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(5), pages 1372-1400, October.
    2. Richard M. Bird, 2014. "Global Taxes and International Taxation: Mirage and Reality," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1429, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.

    More about this item

    Keywords

    Taxation;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:npf:wpaper:95/5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: S.Siva Chidambaram The email address of this maintainer does not seem to be valid anymore. Please ask S.Siva Chidambaram to update the entry or send us the correct address (email available below). General contact details of provider: http://www.nipfp.org.in .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.