<abstract xmlns="http://www.w3.org/1999/xhtml"><p> The paper addresses the problems of corporate taxation in a globalized world. It first considers recent trends in international practices and then reviews the literature on the effects of corporate taxes in closed and open economies. The paper emphasizes the severity of the problems caused by current international tax rules. It compares various national and international policy alternatives and considers two recent Nordic tax reform proposals as examples of national-level solutions. The problems of current international corporate taxation are fundamental. Introducing increasingly tight antiavoidance measures could serve as a medium-term approach but does not provide any promising long-term solution. There should be more research concerning initiatives that would reform the fundamental principles of the international tax system.</p></abstract>

Corporate tax in an international environment – Problems and possible remedies

<abstract xmlns="http://www.w3.org/1999/xhtml"><p> This paper presents the general design of thin-capitalization rules and summarizes the economic effects of such rules as identified in theoretical models. We review empirical studies providing evidence on the experience with (German) thin-capitalization rules as well as on the adjustment of German multinationals to foreign thin-capitalization rules. Special emphasis is given to the development in Germany, because Germany went a long way in limiting interest deductibility by enacting a drastic change in its thin-capitalization rules in 2008, and because superb German data on multinational finance allows for testing several aspects consistently. We then discuss the experience of the Nordic countries with thin-capitalization rules. Briefly reviewing potential alternatives as well, we believe that the arm’s-length principle is administratively too costly and impracticable, whereas we argue that controlled-foreign-company rules might be another promising avenue for limiting internal debt shifting. Fundamental tax reforms towards a system with either "allowance for corporate equity" (ACE) or a "comprehensive business income tax" (CBIT) should also eliminate any thin-capitalization incentive.</p></abstract>

Eberhard Karls Universität Tübingen and No- CeT; Lehrstuhl für BWL, insb. International Business Taxation, Wirtschafts- und Sozialwissenschaftliche Fakultät, Eberhard Karls Universität Tübingen, Nauklerstr. 47, 72074 Tübingen

Norwegian School of Economics, NoCeT and CESifo; Norwegian School of Economics, Department of Accounting, Auditing and Law, Helleveien 30, 5045 Bergen, Norway

Debt Shifting and Thin-Capitalization Rules – German Experience and Alternative Approaches

Professor of International Law at the Faculty of Law, Lund University. Editor-in-Chief of the Nordic Journal of International Law

Associate Professor of Tax Law at the Faculty of Law, Lund University

The Use of OECD Commentaries as Interpretative Aids - The Static/Ambulatory–Approaches Debate Considered from the Perspective of International Law

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Call for Papers: Special Issue and Symposium of the Nordic Tax Journal: Taxing Dividends in the Nordics: Challenges and Opportunities Guest Editors: Jarkko Harju (Tampere University) and Yvette Lind (BI Norwegian Business School)  The winner of the 2023 Nordic Tax Council´s Article Prize can be found here.  Nordic Tax Journal is a peer reviewed, open access journal that publishes original, scholarly works on all aspects of taxation. It aims to promote contemporary research of tax-related issues, from both legal and economic perspectives, and to provide a platform for academics, researchers, practitioners, administrators, judges and policy makers to enhance their understanding and knowledge of taxation in the Nordic region. Although we appreciate a Nordic angle in manuscripts, it is not a requirement.  Nordic Tax Journal is published by the Nordic Tax Research Council, a resource for academics, tax officials, practitioners and policymakers pursuing high quality tax research throughout the Nordic region.  The articles in Nordic Tax Journal are published continuously throughout the year. It is abstracted and indexed in numerous relevant services (listed under the "Abstracting &amp; Indexing" tab), and ranked among the top law/economic journals in the Nordic region. The journal does not have article processing charges (APCs) or article submission charges.  Contributors are encouraged to submit their manuscripts to Nordic Tax Journal through its electronic submission system Editorial Manager.  The Nordic Tax Research Council's ARTICLE PRIZE €3.000The Nordic Tax Research Council's Article Prize is awarded yearly to the author of an article published in Nordic Tax Journal (NTaxJ).As from 2019 a prize of 3.000 EUR is awarded at the Council's annual spring seminar, by the Council Chair and the Editor-in-Chief of Nordic Tax Journal. The assessment criteria for the Article Prize are the same as for publication in Nordic Tax Journal: high quality research on taxation relevant to the Nordic countries. Authors can apply to enter the contest when submitting a manuscript to NTaxJ.  Nordic Tax Journal is ranked on the following Nordic academic lists:   Top rankDanish Ministry of Higher Education and Science (Page 185)   Scientific Level 1Norwegian Social Science Data Services   Level 1Publication Forum Federation of Finnish Learned Societies Visit our FacebookVisit our Twitter  Archiving  Sciendo archives the contents of this journal in Portico - digital long-term preservation service of scholarly books, journals and collections.  Plagiarism Policy  The editorial board is participating in a growing community of Similarity Check System's users in order to ensure that the content published is original and trustworthy. Similarity Check is a medium that allows for comprehensive manuscripts screening, aimed to eliminate plagiarism and provide a high standard and quality peer-review process.  Target group   academics, researchers, practitioners, administrators, judges and policy makers interested in the taxation systems in the Nordic region 