Tax Reforms, Debt Shifting and Tax Revenues: Multinational Corporations in Canada

Posted: 23 Jul 2001

See all articles by Vijay M. Jog

Vijay M. Jog

Carleton University - Eric Sprott School of Business

Jianmin Tang

Industry Canada - Micro-Economic Policy Analysis Branch (MEPA)

Abstract

An analysis of Canadian corporate income tax revenues during the 1984-94 period shows a relative shifting of tax revenue shares between Canadian and foreign-controlled corporations, and a substantial change in the debt levels of foreign-controlled corporations, as well as Canadian-based multinationals. We claim that these changes may have been associated with the tax reforms undertaken by the United States and Canada in the mid-1980s resulting in the relative change in the tax rates between the two countries. We also hypothesize that if this difference persists and in Canadian-controlled corporations continue to aggressively expand abroad, the Canadian corporate tax base could experience further pressure.

Keywords: Multi-national taxation, tax revenue impact

Suggested Citation

Jog, Vijay M. and Tang, Jianmin, Tax Reforms, Debt Shifting and Tax Revenues: Multinational Corporations in Canada. International Tax and Public Finance, Vol. 8, No. 1, January 2001. Available at SSRN: https://ssrn.com/abstract=274335

Vijay M. Jog (Contact Author)

Carleton University - Eric Sprott School of Business ( email )

1125 Colonel By Drive
Ottawa, Ontario K1S SB6
Canada
613-520-2600 (Phone)
613-520-4427 (Fax)

Jianmin Tang

Industry Canada - Micro-Economic Policy Analysis Branch (MEPA) ( email )

C.D. Howe Building
235 Queens Street
Ottawa, Ontario K1A 0H5
613-946-1621 (Phone)

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
770
PlumX Metrics