The Unruly World of Tax: A Proposal for an International Tax Cooperation Forum

31 Pages Posted: 13 Dec 2017 Last revised: 6 Jun 2018

See all articles by H. David Rosenbloom

H. David Rosenbloom

Caplin & Drysdale, Chartered

Noam Noked

The Chinese University of Hong Kong (CUHK) - Faculty of Law

Mohamed Helal

Ohio State University (OSU) - Michael E. Moritz College of Law

Date Written: 2014

Abstract

International cooperation in tax policy is deeply fractured. Inconsistencies, loopholes, and ineffective mechanisms — which could be avoided if real collaboration among countries existed — have created significant inefficiency losses for decades. This Article focuses on the institutional infrastructure underlying international cooperation in tax issues and argues that the current forums in which such cooperation is encouraged do not provide an adequate platform in which countries with similar interests can effectively make a collaborative effort. To facilitate cooperation, this Article proposes to create a new institution currently missing from the international tax policy-setting arena: an informal forum for coordination among countries that share similar interests in tax policy, inspired by the model of "Like Minded Groups" in international organizations. This forum will enable countries that share similar interests to cooperate and reach understandings about necessary policy adaptations. We identify two major projects that this forum could promote — efforts to curtail tax evasion and efforts to harmonize various aspects of tax policy. We argue that this model might have significant advantages in promoting cooperation, reducing the "competitiveness" threat, advocating coordinated policies, and overcoming external and domestic pressures. In light of the current challenges in the field of tax policy, and the difficulties in forming international cooperation within the current institutional framework, the proposed model is worth serious discussion and consideration.

Keywords: International Taxation, Tax Competition, International Cooperation

JEL Classification: K33, K34

Suggested Citation

Rosenbloom, H. David and Noked, Noam and Helal, Mohamed, The Unruly World of Tax: A Proposal for an International Tax Cooperation Forum (2014). H. David Rosenbloom, Noam Noked & Mohamed S. Helal, The Unruly World of Tax: A Proposal for an International Tax Cooperation Forum, 15 Florida Tax Review 57 (2014) ; Ohio State Public Law Working Paper No. 433. Available at SSRN: https://ssrn.com/abstract=3085449

H. David Rosenbloom

Caplin & Drysdale, Chartered ( email )

One Thomas Circle, N.W.
Washington, DC 20005
United States
(202) 862-5037 (Phone)
(202) 429-3301 (Fax)

Noam Noked (Contact Author)

The Chinese University of Hong Kong (CUHK) - Faculty of Law ( email )

6/F, Lee Shau Kee Building
Shatin, New Territories
Kowloon, Sha Tin
Hong Kong

Mohamed Helal

Ohio State University (OSU) - Michael E. Moritz College of Law ( email )

55 West 12th Avenue
Columbus, OH 43210
United States

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