An examination of the taxation of portfolio income (dividends, interest and capital gains) in the context of global financial markets.

The book offers both an explanation of the current patterns of international taxation in this area, and provides a normative analysis of what the patterns should look like.

View sample chapter    |    View table of contents

• Chapter 1: The globalized world of finance – a snapshot
• Chapter 2: Taxing crossborder capital income – the theoretical foundations
• Chapter 3: Taxing portfolio income – the unglobalized international tax arsenal
• Chapter 4: The politics of international cooperation in theory
• Chapter 5: The politics of international cooperation in practice
• Chapter 6: The international tax system and global financial markets – some positive and normative conclusions

The mission of the International Bureau of Fiscal Documentation is: “[T]o maintain a knowledge centre providing information about and explanations of international taxation and promoting the study of taxation in general” (Art. 2 of the articles of association). True to this mission, and aware that access to doctoral theses is often limited, IBFD has taken the initiative to make available to a wider public a series of books based on doctoral research, meeting the highest academic standards.

Only contributions that enhance the international academic tax debate are accepted. In order to ensure high quality, every thesis published in this series has been reviewed by academic members of the Board of Trustees, senior IBFD research staff or prominent tax academics worldwide. The series aims to cover all aspects of comparative and international taxation, not only in respect of income tax, but also in respect of VAT and of inheritance, estate and gift taxes.