Enforcing the Arm’s Length Principle in the Knowledge-based Economy
There are no Winners, but all are Losers
Palavras-chave:
BEPS, Polanyi, tributação internacional, globalização, economia de conhecimento, princípio do arm’s length, preços de transferênciaResumo
This paper examines the influence of the neo-liberal economic setting on taxation, and contends the enforcement of the arm’s length principle (ALP) as a measure to share taxing rights among jurisdictions in the era of the knowledge-based economy, grounded on a Polanyian critique of market liberalism. It outlines Polanyi’s main criticisms of laissez-faire economics and reviews the contemporary challenges faced by tax administrations. There is an analysis of the responses given to those problems by a number of experts, but the article makes the case for a coordinated action to uphold Corporate Income Tax. For a conclusion, the article rejects the Base Erosion and Profit Shifting project’s proposal to enforce the ALP as a measure to allocate the tax base derived from the exploitation of intangibles. Without ignoring the mainstream critique regarding its feasibility, this paper looks at its desirability, claiming that its outcome will deliver a final blow to the hope for stronger social cohesion.
Referências
Adam S, Besley T and Blundell R, Tax by Design: The Mirrlees Review (OUP Oxford 2011)
Avi-Yonah RS, "˜Corporations, Society and the State: A Defense of the Corporate Tax"™ [2004] Michigan Law, Public Law Research Paper No. 40; Michigan Law and Economics Research Paper No. 04-006
"”"”, "˜Double Tax Treaties: An Introduction"™ (Social Science Research Network 2007) SSRN Scholarly Paper ID 1048441 <http://papers.ssrn.com/abstract=1048441> accessed 15 July 2016
Block F, "˜A Neo-Polanyian Theory of Economic Crises"™ (2015) 74 American Journal of Economics and Sociology 361
Block F and Somers M, The Power of Market Fundamentalism: Karl Polanyi"™s Critique (Harvard University Press 2014)
Boland V, "˜Irish Tell a Tale of 26.3% Growth Spurt"™ Financial Times (12 July 2016) <http://www.ft.com/cms/s/0/8a1ebc9c-4846-11e6-8d68-72e9211e86ab.html#axzz4FJfN6kcg> accessed 24 July 2016
Brauner Y, "˜Value in the Eye of the Beholder: The Valuation of Intangibles for Transfer Pricing Puporses."™ (2008) 28 Virginia Tax Review 79
"”"”, "˜Transfer Pricing in BEPS: First Round"”Business Interests Win (But, Not in Knock-Out)"™ (2015) 43 Intertax 72
Brauner Y and Pistone P (eds), BRICS and the Emergence of International Tax Coordination (IBFD 2011)
Brys B and others, "˜Tax Design for Inclusive Economic Growth"™ (OECD 2016) OECD Taxation Working Papers <http://www.oecd-ilibrary.org/content/workingpaper/5jlv74ggk0g7-en> accessed 21 July 2016
"˜Cancel Latest Tax Cuts for the Wealthy to Protect Disability Benefits, Jeremy Corbyn Says | UK Politics | News | The Independent"™ <http://www.independent.co.uk/news/uk/politics/cancel-corporation-and-capital-gains-tax-cuts-to-protect-disability-benefits-jeremy-corbyn-says-a6943856.html> accessed 9 July 2016
Englisch J and Yevgenyeva A, "˜The Upgraded Strategy against Harmful Tax Practices under the BEPS Action Plan"™ (2013) 5 British Tax Review 620
Graetz MJ and O"™Hear MM, "˜The "Original Intent" of U. S. International Taxation"™ (1997) 46 Duke Law Journal 1021
Ha-Joon. Chang, Kicking Away the Ladder?: Economic Development in Historical Perspective (Anthem 2002)
Hardt M and Negri A, Empire (Harvard University Press 2000)
Houlder V and Kuchler H, "˜Multinationals Face Pressure on Tax"™ Financial Times (3 December 2012) <http://www.ft.com/cms/s/0/f4c82afa-3ae5-11e2-b3f0-00144feabdc0.html#axzz4FmwkrORz> accessed 29 July 2016
IMF, "˜Revenue Mobilization in Developing Countries"™ (2011) <https://www.imf.org/external/np/pp/eng/2011/030811.pdf>
John Rawls, A Theory of Justice (Original ed, Belknap Press 2005)
John. Tiley, Revenue Law (2nd ed, London 1978)
MacGilvray E, The Invention of Market Freedom (Cambridge University Press 2011)
May C and Sell SK, Intellectual Property Rights: A Critical History (Lynne Rienners 2006)
Oakeshott M, "˜Lectures on the History of Political Thought."™ 2006 Chapter 23
OECD, OECD Economic Surveys: United Kingdom 1976, vol 1976 (OECD 1976)
"”"”, Fundamental Reform of Corporate Income Tax (OECD 2007)
"”"”, Addressing Base Erosion and Profit Shifting (OECD 2013)
"”"”, Action Plan on Base Erosion and Profit Shifting (OECD 2013)
"”"”, Aligning Transfer Pricing Outcomes with Value Creation, Actions 8-10 - 2015 Final Reports (OECD 2015)
"”"”, Revenue Statistics 2015 (OECD 2015) <http://www.oecd-ilibrary.org/taxation/revenue-statistics-2015_rev_stats-2015-en-fr> accessed 14 July 2016
OECD and KIPF, The Distributional Effects of Consumption Taxes in OECD Countries (Organisation for Economic Co-operation and Development 2014) <http://www.oecd-ilibrary.org/content/book/9789264224520-en> accessed 25 July 2016
Parker G and Editor P, "˜George Osborne Puts Corporation Tax Cut at Heart of Brexit Recovery Plan"™ Financial Times (3 July 2016) <http://www.ft.com/cms/s/0/d5aedda0-412e-11e6-9b66-0712b3873ae1.html#axzz4EIpieRWK> accessed 13 July 2016
Polanyi K, The Great Transformation: The Political and Economic Origins of Our Time (2nd edition, Beacon Press 2002)
Polito A, "˜Proposal for an Integrated Income Tax, A"™ Harvard Journal of Law & Public Policy
"˜Revenue Statistics in Latin America"™ (OECD) 2310-9211 <http://www.oecd-ilibrary.org/content/serial/2310922x> accessed 29 July 2016
Roxan I, "˜Limits to Globalisation: Some Implications for Taxation, Tax Policy, and the Developing World"™ [2012] LSE Law, Society and Economy Working Paper Series
Sokoloff K and Zolt E, "˜Inequality and Taxation: Evidence from the Americas on How Inequality May Influence Tax Institutions"™ (2006) 59 Tax Law Review 167
Stiglitz J, "˜The Price of Inequality"™ (2013) 30 New Perspectives Quarterly 52
Stiglitz JE, The Great Divide: Unequal Societies and What We Can Do about Them (WWNorton & Company 2016)
Sugin L, "˜Theories of Distributive Justice and Limitations on Taxation: What Rawls Demands from Tax Systems"™ (2004) 72 Fordham Law Review 1991
Gregory v Helvering, Commissioner of Internal Revenue (US Court of Appeals)
India v Azadi Bachao Andolan [2003] 6 ITL Rep 233 (Supreme Court (India))
Publicado
Como Citar
Edição
Seção
Licença
Copyright (c) 2021 Revista Direito Tributário Atual
Este trabalho está licenciado sob uma licença Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
O autor (ou coautor) declara que o artigo submetido à avaliação, que segue em anexo, é de sua autoria, e inédito, comprometendo-se a não publicar este artigo em qualquer outro meio, impresso ou digital, mantendo a exclusividade para a Revista Direito Tributário Internacional Atual, cedendo, em caso de aprovação do trabalho, os direitos autorais à Revista para fins de publicação do trabalho nesta edição.
