Thursday, February 10, 2011
(International Monetary Fund) presents The Taxation and Regulation of Financial Institutions
at NYU today as part of its Colloquium Series on Tax Policy and Public Finance
. Here is the abstract:
The crisis has prompted many countries to rethink, and several already to reform, the taxation of financial institutions. The underlying issues, however, have received almost no attention in the public finance literature. This lecture explores the possible purposes and broad design of distinctive tax measures for financial institutions, focusing especially on the potential role of corrective taxation, and -- an especially neglacted topic -- its merits relative to traditional forms of regulation, in addressing the challenges posed by the potential failures of sytemically important institutions.
The co-convenors of the colloquium are Daniel Shaviro (NYU) and Mihir Desai (Harvard Business School).
Update: Dan Shaviro blogs the workshop here, here, and here.