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Tax-driven regulatory drag: European financial centers in the 1990s

Author: Levich, Richard M. ; Walter, IngoINSEAD Area: Economics and Political Science In: Reforming capital income taxation - Siebert, Horst - 1990 - Book Language: EnglishDescription: p. 75-98.Type of document: INSEAD ChapterNote: Please ask the Library for this chapterAbstract: This study analyses competition between financial centres in terms of regulatory and tax-related distortions through an assessment of the "net regulatory burden" bearing of financial transactions. There is particular focus on the United Kingdom, Germany and Switzerland as important financial centres.
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This study analyses competition between financial centres in terms of regulatory and tax-related distortions through an assessment of the "net regulatory burden" bearing of financial transactions. There is particular focus on the United Kingdom, Germany and Switzerland as important financial centres.

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