Kane Presents Tax Treaties as Tools for Development Finance Today at Michigan

Mitchell Kane (Virginia) presents Bootstraps, Poverty Traps, and Poverty Pits: Tax Treaties as Novel Tools for Development Finance at Michigan today as part of its Tax Policy Workshop Series. Here is a brief description of the paper:

In this paper I put forth a novel means of development finance that relies on tax treaties for its implementation. The paper has three parts. First, I describe various theoretical bases that would justify substantial upfront public sector capital transfers to developing countries. Second, I explain why it may be necessary to structure public sector capital transfers to the developing world in novel ways that depart from standard arrangements. Third, I describe and explain the benefits of my proposal for a novel finance instrument which relies on the interaction of tax sovereignty of developed and developing countries on cross-border investments.