December 2001 Conference

Robert D.Burch Center for Tax Policy and Public Finance
549 Evans Hall # 3880
Berkeley, CA 94720-3880

(510) 643-0711

burch@econ.berkeley.edu
Last modified: 12/04/2001

INTERNATIONAL SEMINAR IN PUBLIC ECONOMICS:
Income Taxation and Financial Innovation

December 7--8, 2001

Conference Schedule

December 7
Friday

Session 1: Capital Income Tax Avoidance

9:30-10:30
Roger Gordon,UC San Diego, Laura Kalambokidis, University of Minnesota, and Joel Slemrod, University of Michigan, Do We NOW Collect Any Revenue from Taxing Capital Income?

Discussants: Jim Poterba, MIT
Joseph Bankman, Stanford University

10:30-11:00 Coffee Break

11:00-12:00
Mihir Desai, Harvard University, The Corporate Profit Base, Tax Sheltering Activity, and the Changing Nature of Employee Compensation.

Discussants: James Hines, University of Michigan
Daniel Halperin, Harvard University

Session 2: International Taxation

1:30-2:30
Jennifer L. Blouin, University of North Carolina, Julie H. Collins, University of North Carolina, Douglas A. Shackelford,University of North Carolina, Does Acquisition by Non-U.S. Shareholders Cause U.S. Firms to Pay Less Tax?

Discussants:Joel Slemrod, University of Michigan
Daniel Shaviro, NYU

2:30-3:30
Stephen R. Bond, Institute for Fiscal Studies, and Michael P.Devereux, University of Warwick, A Destination-based Corporation Tax

Discussants: Jack Mintz, C.D. Howe Institute
Robert Green, Cornell University

3:30-4:00 Coffee Break

4:00-5:00
Daniel Shaviro, NYU, Sources of Interest: A Critique of Alternative Approaches to Sourcing the Interest Expense of American Multinationals.

Discussants: Stephen R. Bond, Institute for Fiscal Studies
David Weisbach, University of Chicago

December 8
Saturday

Session 3: Corporate Financial Behavior

9:30-10:30
Robert Mc Donald, Northwestern University, The Tax (Dis)Advantage of A Firm Issuing Options on Its Own Stock

Discussants:Mihir Desai, Harvard University
Michael Knoll, University of Pennsylvania

10:30-11:00 Coffee Break

11:00-12:00
Christian Keuschnigg, University of St.Gallen,and Soren Bo Nielsen, Copenhagen Business School, Start-ups,Venture Capitalists,and the Capital Gains Tax

Discussants:Roger Gordon, UC San Diego
Jeff Strnad, Stanford University

Session 4: Tax Reform

1:30-2:30
Alan Auerbach, UC Berkeley, and David Bradford, Princeton University, Generalized Cash Flow Taxation

Discussants:Robert Mc Donald, Northwestern University
Reed Shuldiner, University of Pennsylvania

2:30-3:30
James Hines, University of Michigan, On the Timeliness of Tax Reform

Discussants:David Bradford,Princeton University
William Andrews, Harvard University

3:30-4:00 Coffee Break

4:00-5:00
Panel Discussion: Where Do We Go From Here?

Background Paper: Alvin Warren, Harvard University U.S. Income Taxation of New Financial Products

Discussants:Reed Shuldiner,University of Pennsylvania
Jeff Strnad, Stanford University
Alvin Warren, Harvard University
David Weisbach, University of Chicago