Early American Tax Havens

16 Pages Posted: 3 Jun 2018

See all articles by Robert E. Wright

Robert E. Wright

Central Michigan University - Department of Economics; Central Michigan University - Department of Economics

Date Written: May 21, 2018

Abstract

Claims to the contrary notwithstanding, tax havens existed long before the twentieth century. This paper explores one of them, mainland British North America. It shows that real estate tax capitalization/amortization was incomplete, so British investors could have engaged in tax arbitrage by exchanging landed estates in Britain for ones of equal value in the colonies, as several did.

Keywords: Tax Haven, Tax Arbitrage, Tax Capitalization, Tax Amortization

JEL Classification: H26, N11, N21

Suggested Citation

Wright, Robert Eric, Early American Tax Havens (May 21, 2018). Available at SSRN: https://ssrn.com/abstract=3182496 or http://dx.doi.org/10.2139/ssrn.3182496

Robert Eric Wright (Contact Author)

Central Michigan University - Department of Economics ( email )

Mt. Pleasant, MI 48858
United States

Central Michigan University - Department of Economics ( email )

Mt. Pleasant, MI 48858
United States

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
94
Abstract Views
639
Rank
499,344
PlumX Metrics