Author: United States. Congress. Joint Committee on Internal Revenue Taxation
Publisher:
ISBN:
Category : Revenue
Languages : en
Pages : 20
Book Description
Estimates of Federal Tax Expenditures
Author: United States. Congress. Joint Committee on Internal Revenue Taxation
Publisher:
ISBN:
Category : Revenue
Languages : en
Pages : 20
Book Description
Publisher:
ISBN:
Category : Revenue
Languages : en
Pages : 20
Book Description
A Firm Lower Bound: Characteristics and Impact of Corporate Minimum Taxation
Author: Aqib Aslam
Publisher: International Monetary Fund
ISBN: 1513561073
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper examines the role of minimum taxes and attempts to quantify their impact on economic activity. Minimum taxes can be effective at shoring up the corporate tax base and enhancing the perceived equity of the tax system, potentially motivating broader taxpayer compliance. Where political and administrative constraints prevent reforms to the standard corporate income tax, a minimum tax can help mitigate base erosion from excessive tax incentives and avoidance. Using a new panel dataset that catalogues changes in minimum tax regimes over time around the world, firm-level analysis suggests that the introduction or reform of a minimum tax is associated with an increase in the average effective tax rate of just over 1.5 percentage points with respect to turnover and of around 10 percent with respect to operating income. Minimum taxes based on modified corporate income lead to the largest increases in effective tax rates, followed by those based on assets and turnover.
Publisher: International Monetary Fund
ISBN: 1513561073
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper examines the role of minimum taxes and attempts to quantify their impact on economic activity. Minimum taxes can be effective at shoring up the corporate tax base and enhancing the perceived equity of the tax system, potentially motivating broader taxpayer compliance. Where political and administrative constraints prevent reforms to the standard corporate income tax, a minimum tax can help mitigate base erosion from excessive tax incentives and avoidance. Using a new panel dataset that catalogues changes in minimum tax regimes over time around the world, firm-level analysis suggests that the introduction or reform of a minimum tax is associated with an increase in the average effective tax rate of just over 1.5 percentage points with respect to turnover and of around 10 percent with respect to operating income. Minimum taxes based on modified corporate income lead to the largest increases in effective tax rates, followed by those based on assets and turnover.
Report of the Committee on Net Income Taxation as Applied to Business Corporations
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
Book Description
Reports
Author: New York State Bar Association
Publisher:
ISBN:
Category : Bar associations
Languages : en
Pages : 898
Book Description
Vols. contain reports of the association and proceedings of the annual meetings, occasional special meetings; and midsummer meetings for 1933-41.
Publisher:
ISBN:
Category : Bar associations
Languages : en
Pages : 898
Book Description
Vols. contain reports of the association and proceedings of the annual meetings, occasional special meetings; and midsummer meetings for 1933-41.
Proceedings of the ... Annual Meeting ... and Reports for [1876]-
Author: New York State Bar Association
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 896
Book Description
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 896
Book Description
Income Tax Treatment of Cooperatives: Handling of losses
Author: Donald A. Frederick
Publisher:
ISBN:
Category : Agricultural industries
Languages : en
Pages : 108
Book Description
Publisher:
ISBN:
Category : Agricultural industries
Languages : en
Pages : 108
Book Description
U.S. Investment Since the Tax Cuts and Jobs Act of 2017
Author: Emanuel Kopp
Publisher: International Monetary Fund
ISBN: 1498317049
Category : Business & Economics
Languages : en
Pages : 37
Book Description
There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a windfall for shareholders. We find that U.S. business investment since 2017 has grown strongly compared to pre-TCJA forecasts and that the overriding factor driving it has been the strength of expected aggregate demand. Investment has, so far, fallen short of predictions based on the postwar relation with tax cuts. Model simulations and firm-level data suggest that much of this weaker response reflects a lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power. Economic policy uncertainty in 2018 played a relatively small role in dampening investment growth.
Publisher: International Monetary Fund
ISBN: 1498317049
Category : Business & Economics
Languages : en
Pages : 37
Book Description
There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a windfall for shareholders. We find that U.S. business investment since 2017 has grown strongly compared to pre-TCJA forecasts and that the overriding factor driving it has been the strength of expected aggregate demand. Investment has, so far, fallen short of predictions based on the postwar relation with tax cuts. Model simulations and firm-level data suggest that much of this weaker response reflects a lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power. Economic policy uncertainty in 2018 played a relatively small role in dampening investment growth.
Hearings, Reports and Prints of the House Committee on the District of Columbia
Author: United States. Congress. House. Committee on the District of Columbia
Publisher:
ISBN:
Category : Legislative hearings
Languages : en
Pages : 1096
Book Description
Publisher:
ISBN:
Category : Legislative hearings
Languages : en
Pages : 1096
Book Description
Addresses and Proceedings
Author:
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 288
Book Description
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 288
Book Description
Hearings, Reports and Prints of the Senate Committee on Banking, Housing and Urban Affairs
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 1270
Book Description
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 1270
Book Description