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- United Nations Handbook on Selected Issues in Protecting the Tax Base of Developing Countries
- Chapter
Taxation of non-residents’ capital gains
- Author: United Nations
- Main Title: United Nations Handbook on Selected Issues in Protecting the Tax Base of Developing Countries , pp 107-154
- Publication Date: December 2015
- DOI: https://doi.org/10.18356/f24eef93-en
- Language: English
Designing and enforcing a legal regime for taxing non-residents on capital gains realized from domestic sources is a topic of vital importance for developing countries. The reason is that non-capital-gain income that may be derived from a given country can generally be crystalized in the form of capital gains on the disposition of the incomegenerating asset. This is true of most important types of income, be it rent, interest, royalty, dividend or business profit. Taxing capital gains, therefore, is invariably needed to ensure that income from assets in the source country is properly subject to tax. In this sense, capital gains taxation of non-residents is inherently a measure for protecting that country’s tax base from erosion.
© United Nations
ISBN (PDF):
9789210572361
Book DOI:
https://doi.org/10.18356/c8c4a273-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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