[Download] "International Tax Law As a Ponzi Scheme." by Suffolk Transnational Law Review # Book PDF Kindle ePub Free
eBook details
- Title: International Tax Law As a Ponzi Scheme.
- Author : Suffolk Transnational Law Review
- Release Date : January 01, 2011
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 355 KB
Description
I. INTERNATIONAL TAX LAW? It may be, as Benjamin Franklin famously wrote, that "in this world nothing can be said to be certain, except death and taxes." (1) The former, however, has a universal quality that the latter lacks, and the two share little in terms of legal theory: taxes are imposed by positive act of state while death is more typically an expression of natural law. (2) The incongruity, of course, is what makes Franklin's bon mot so clever. At the same time, it forms the basic premise and theoretical challenge for the discipline of international tax. The foundational question for international tax lawyers is whether a global tax regime truly exists, or whether tax law is only about the revenue generating system which each sovereign authority unilaterally makes for itself. (3)