Exclusive source or residence-based taxation - is a new and simpler world tax order possible?

This article explores whether, in an increasingly globalized world, it is more appropriate that one principle yield completely to the other - that is, whether either an exclusive residence-based tax system or an exclusive source-based tax system would provide a viable (and perhaps simpler) solution to accommodate international transactions, many of which now occur electronically. The article discusses each system generally, looks at how each could be implemented, and examines the arguments both in support and against each system