TAX "VETO" AS A SPECIAL JURISDICTIONAL AND SUBSTANTIVE ISSUE IN INVESTOR-STATE ARBITRATION: NEED FOR REASSESSMENT?
Abstract
Despite the evolving nature of the global economy and the
role of the state from the "nation-states" (Westphalia) into
"market-states" with emphasis on privatization of hitherto state
activities and competitive markets, which entail more external
disciplines on state power especially in the areas of trade, invest-
ment, and human rights,1 most governments still viewed taxa-
tion as a central element of sovereignty and so are reluctant to
accept extensive or heightened international disciplines on their
taxing powers.2
Description
Keywords
Citation
Kolo, A. (2009) “Tax ``Veto″ as a Special Jurisdictional and Substantive Issue In Investor-State Arbitration: Need for Reassessment?,” Suffolk transnational law review., 32(2), pp. 475–492.