scholarly journals International Taxation and Cross-Border Banking

2014 ◽  
Vol 6 (2) ◽  
pp. 94-125 ◽  
Author(s):  
Harry Huizinga ◽  
Johannes Voget ◽  
Wolf Wagner
Keyword(s):  
Banking Sector ◽  
International Taxation ◽  
Foreign Subsidiary ◽  
Double Taxation ◽  
Cross Border ◽  
International Banks ◽  
Interest Margins

This paper examines empirically how international taxation affects the volume and pricing of cross-border banking activities for a sample of banks in 38 countries over the 1998–2008 period. International double taxation of foreign-source bank income is found to reduce banking-sector FDI. Furthermore, such taxation is almost fully passed on into higher interest margins charged abroad. These results imply that international double taxation distorts the activities of international banks, and that the incidence of international double taxation of banks is on bank customers in the foreign subsidiary country. (JEL F23, G21, H25, H87)

scholarly journals A Note on Resolution of Tax Disputes Arising from DTTs and Implications for Developing Countries

2019 ◽  
Vol 13 (3) ◽  
pp. 495-514
Author(s):  
Aschalew Ashagre Byness
Keyword(s):  
Developing Countries ◽  
Dispute Resolution ◽  
Vantage Point ◽  
International Taxation ◽  
Double Taxation ◽  
Cross Border ◽  
Compulsory Arbitration ◽  
Dispute Resolution Mechanism ◽  
Key Terms ◽  
Mutual Agreement

Countries sign bilateral double tax treaties (DTTs) to avoid or mitigate double taxation in cross border economic activity. It is hardly possible to ignore the effect of double taxation in the era of globalization. DTTs are signed between two countries to allocate tax jurisdiction between them and to avoid tax disputes between the taxpayer and the country concerned. Nonetheless, tax disputes crop up since such treaties may be open to interpretation at the time of implementation. Hence, DTTs contain tax dispute resolution mechanism. The widely recognized dispute resolution mechanisms are the mutual agreement procedure (MAP) –a kind of negotiation between the two contracting states– and compulsory arbitration. However, the aptness and efficacy of these tax dispute resolution mechanisms have been seriously questioned particularly from the vantage point of developing countries such as Ethiopia. Although Ethiopia has signed several DTTs with a view to attracting FDI, no study has been made which sheds some light on the essence and operation of the MAP in the DTTs. This note aims at exploring the tax dispute resolution mechanisms incorporated in DTTs since such mechanisms have implication for developing countries including Ethiopia. Key terms Globalization, International taxation, Double taxation, Mutual agreement procedure, Compulsory arbitration

The Foreign Commercial Banks In The Baltic States: Aspects Of The Financial Crisis Internationalization

2012 ◽  
Vol 5 ◽  
Author(s):  
August Aarma ◽  
Gediminas Dubauskas
Keyword(s):  
Money Supply ◽  
Financial Institutions ◽  
Commercial Banks ◽  
Banking Sector ◽  
Baltic States ◽  
Cross Border ◽  
Baltic Countries ◽  
Global Banking ◽  
International Banks ◽  
The Baltic

The internationalization practice of financial institutions has been intensively studied since the 1960s. Due to increase in international capital flows, foreign direct investments and international trade at that time active development of international or cross-border banking began. At present the world is undergoing a very complex process with a high uncertainty in the global banking and financial markets. This article focuses on the banking sector development and some aspects of management of commercial banks in the Baltic States. The main subject of the article is comparative analysis of the inwards and outwards development in international banking. The main stress is placed on aggregated credit enlargements in the Baltic States during the first decade of the 21st century. During the last global economic crisis commercial banks have been looking for a possible optimization of activities and consequently changes in their networks could be an option for the assessment of their development. However the priority could be to identify the cross-border international credit expansion in the Baltic countries. On the other hand these activities rely on the countries' macroeconomic indicators, mainly to the accumulated money supply. There is a scientific self-determination described in this paper in line with an analysis of identifying the particular Baltic countries in the dynamics of accumulated deposits and credits of international banks. Subsequently it increased the money supply growth. Nowadays banks are required to make sensible strategic decisions in order to maintain sustainable banking businesses in the future. However influences of the financial institutions to the global economic recession affect international banks creating the negative feedback to their previous problems. 

Cross-Border Intra-Group Hybrid Finance and International Taxation

2010 ◽  
Author(s):  
Eva Eberhartinger ◽  
Erich Pummerer ◽  
Andreas Göritzer
Keyword(s):  
International Taxation ◽  
Cross Border

scholarly journals Cross-Border Interbank Contagion in the European Banking Sector

2015 ◽  
Author(s):  
Silvia Gabrieli ◽  
Dilyara Salakhova ◽  
Guillaume Vuillemey
Keyword(s):  
Banking Sector ◽  
Cross Border ◽  
European Banking

scholarly journals An Empirical Analysis of Factors Affecting Bank Interest Margins: Evidence from the South East European Countries

2018 ◽  
Vol 21 (2) ◽  
pp. 81-98
Author(s):  
Mehmed Ganić
Keyword(s):  
Interest Rate ◽  
Empirical Analysis ◽  
Banking Sector ◽  
Output Growth ◽  
The South ◽  
Factors Affecting ◽  
East European ◽  
Interest Margins ◽  
See Region ◽  
Bank Concentration

This paper provides an empirical analysis of factors affecting Bank Interest Margins in eight countries of the South‑East European (SEE) region between 2000 and 2014. The purpose of this paper is to examine and investigate the main drivers of Bank Interest Rate Margins across selected countries throughout the SEE region. Also, the study explored the relationship between the dependent variable Interest Rate Spread (IRS – as a proxy variable for measuring variation in Bank Interest Rate Margins) and a set of selected banks’ specific variables in SEE by employing panel data estimation methodology. This research is based on aggregate data for the whole banking sector of each country. In line with some expectations, our findings confirm the importance of credit risk, bank concentration operative efficiency, and inflation expectations in determining Bank Interest Rate Margins. Interestingly, in contrast to the majority of recent empirical research, the study found an inverse relationship between the bank concentration variable and Bank Interest Rate Margins as well as between the operational efficiency variable and Bank Interest Rate Margins. Also, the study could not find statistically significant evidence that Bank Interest Rate Margins are determined by output growth, bank profitability (measured by ROA) or liquidity risk.

scholarly journals The impact of euro-integration processes on strengthening competitiveness of the banking sector

2021 ◽  
pp. 6-12
Author(s):  
I. Aloshyna
Keyword(s):  
Economic Integration ◽  
Capital Market ◽  
Banking Sector ◽  
Positive Impact ◽  
International Competitiveness ◽  
Banking Supervision ◽  
Euro Zone ◽  
Cross Border ◽  
Banking Institutions ◽  
The Impact

The study considers the essence and effects of economic integration on the Euro zone banking sector. The study explains that the intensification of economic integration of European countries provides a competitive environment for banks. The results found that the integration at the macro level increases the international competitiveness of the banking sector by creating a more transparent single secure market and increasing its capacity through the application of common rules and administrative standards for banking supervision and resolution, and on the meso- and micro levels increases the international competitiveness of banking institutions by increasing efficiency and profitability by increasing the volume of cross-border banking activities within the Euro zone. The conclusions suggest the main instruments of ECB’s monetary policy have a positive impact on improving the competitiveness of the banking sector by removing barriers to cross-border competition. Such instruments helped to create a large and transparent capital market, increase banking sector competitiveness by intensifying competition and efficiency of banks.

scholarly journals COMPETITION OF TRANSNATIONAL BANKS: MAIN TRENDS AND WAYS OF DEVELOPMENT

2021 ◽  
pp. 151-157
Author(s):  
Надежда Константиновна Савельева ◽  
Татьяна Алексеевна Тимкина
Keyword(s):  
Commercial Banks ◽  
Banking Sector ◽  
Banking System ◽  
Competitive Advantages ◽  
International Banking ◽  
Statistical Research ◽  
Cross Border ◽  
The World ◽  
Financial Transactions ◽  
Level Analysis

Статья посвящена проблемам сохранения конкурентных преимуществ коммерческих банков для осуществления финансовых операций на трансграничных рынках. Целью исследования является анализ основных тенденций развития деятельности транснациональных банков в условиях глобализации. Объектом исследования являются мировые лидеры международной банковской сферы. Научная новизна заключается в разработке основных направлений развития банковской системы на международном уровне, результатах анализа опыта лидирующих транснациональных банковских компаний в условиях пандемии The article is devoted to the problems of maintaining the competitive advantages of commercial banks for the implementation of financial transactions in cross-border markets. The aim of the study is to analyze the main trends in the development of the work of transnational banks in the context of globalization. The object of research is the world leaders of the international banking sector. In the process of research, the authors have analyzed theoretical and practical material used in general methods of scientific knowledge and statistical research. Scientific novelty lies in the development of the main directions for the development of the banking system at the international level, analysis of the experience of leading transnational banking companies in the context of a pandemic.

scholarly journals Avoiding Double Taxation Through The Assessment of International Tax Treties. Case: ESP’s versus Anaf Braşov

2019 ◽  
Vol 23 (37) ◽  
pp. 1-15
Author(s):  
Florin Dumiter ◽  
Ștefania Amalia Jimon ◽  
Florin Gheorghe Bene
Keyword(s):  
Best Practices ◽  
Moral Hazard ◽  
Legal Framework ◽  
International Taxation ◽  
Double Taxation ◽  
Asymmetrical Information ◽  
Treaty Shopping ◽  
International Tax

Abstract International double taxation represents one of the main problems’ for which taxpayers have to deal within a world fulfilled with globalization, uncertainty, risk, asymmetrical information and moral hazard. In this sense, in this article it is provided a qualitative overview regarding the appearance and evolution of the main double taxation conventions and their legal framework. In this article it is tackled some important issues, namely: the rationale behind the construction and engaging in double taxation conventions; the need for a coherent and just application of those conventions; the historical appearance and evolution of the double taxation conventions, as well as the quid pro quo OECD Model Convention and UN Model Convention. The conclusions of this article highlight the importance and ultimately need for construction of best practices new and complex multilateral tax convention at the UE level in order to diminish the contagious effects of the treaty shopping practices. The case study presented in this article from the Romanian jurisprudence highlights the multi-faced concept of double taxation and the comprehension approach which must be undertaken in order to solve the complex issues of the international taxation via double taxation treaties.

scholarly journals Cross-border interbank contagion in the European banking sector

2019 ◽  
Vol 157 ◽  
pp. 33-54 ◽  
Author(s):  
Silvia Gabrieli ◽  
Dilyara Salakhova
Keyword(s):  
Banking Sector ◽  
Cross Border ◽  
European Banking
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