The James Hausman Tax Law & Policy Workshop Series
The Law & Economics Workshop Series
present
Professor Mitchell Kane
New York University Law School
Bootstraps and Poverty Traps: Tax Treaties as Novel Tools for Development Finance
Wednesday, February 11, 2009
12:30 – 2:00
Solarium (Room FA2)
84 Queen’s Park
In this paper I put forth a novel means of development finance that relies on tax treaties for its implementation. The paper has three parts. First, I describe the basic theoretical justification for substantial upfront public sector capital transfers to developing countries. Second, I explain why it may be necessary to structure public sector capital transfers to the developing world in novel ways that depart from standard arrangements. Third, I describe and explain the benefits of my proposal for a novel finance instrument which relies on the interaction of tax sovereignty of developed and developing countries on cross-border investments.
After graduation from law school Mitchell Kane clerked for the Hon. Karen LeCraft Henderson of the U.S. Court of Appeals for the D.C. Circuit. He then spent four years as an associate with the firm of Covington & Burling, first in Washington and then in London. As a member of the firm’s tax practice group he advised U.S. and European businesses on the tax consequences of complex international transactions. In 2003 he was appointed Associate Professor of Law at the University of Virginia Law School. In 2008 he was appointed Professor of Law at the NYU School of law. His current research focuses on tax and economic development, tax and climate change, and the intersection of international taxation and corporate governance.
A light lunch will be served.
For more workshop information, please contact Nadia Gulezko at n.gulezko@utoronto.ca
