1. TAX HYBRIDITY AND THE GLOBALIZATION OF TAXATION: CONVERGENCE, BORROWING, CULTURE
- Author
-
Ordower, Henry
- Subjects
Convergence (Social sciences) -- Analysis ,Tax law -- Evaluation ,Law and economics -- Analysis ,Global economy -- Social aspects ,Civil law -- Evaluation ,Common law -- Evaluation ,Tax law ,Banking, finance and accounting industries ,Business ,Economics ,Law - Abstract
This article argues that tax is a hybrid of civil and common law, public and private law, and is cross-disciplinary. It observes that tax law has become an all-purpose tool for legislators. It seeks to demonstrate how the United States, a common law jurisdiction, has turned to civil law models for taxation while civil law jurisdictions and the European Union have become common law-like in applying general legal principles from constitutions and treaties and have sought common law models to combat tax avoidance. The ubiquity of tax and its public law influence on private law transactions, its cross disciplinary nature, and its deployment as a legislative tool to manage the economy make it a candidate for reform targeting cross-border uniformity and systemic convergence. Absent rare embedded cultural barriers in tax law, hybridity lends itself to assisting convergence of tax systems critical to a global and uniform tax system essential to global economic development., TABLE OF CONTENTS I. INTRODUCTION II. OVERVIEW OF TAX HYBRIDITY AND CONVERGENCE III. COMMON LAW/CIVIL LAW HYBRIDITY IN TAXATION IV. TAX UBIQUITY: PUBLIC LAW DRIVING PRIVATE LAW TRANSACTIONS AND FUELING [...]
- Published
- 2024