U.S. Investment Since the Tax Cuts and Jobs Act of 2017 PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download U.S. Investment Since the Tax Cuts and Jobs Act of 2017 PDF full book. Access full book title U.S. Investment Since the Tax Cuts and Jobs Act of 2017 by Emanuel Kopp. Download full books in PDF and EPUB format.
Author: Emanuel Kopp
Publisher: International Monetary Fund
ISBN: 1498317758
Category : Business & Economics
Languages : en
Pages : 37
Get Book
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.
Author: Emanuel Kopp
Publisher: International Monetary Fund
ISBN: 1498317758
Category : Business & Economics
Languages : en
Pages : 37
Get Book
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.
Author: Mr. Alexander D Klemm
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 30
Get Book
Book Description
The 2017 Tax Cuts and Jobs Act (TCJA) sharply reduced effective corporate income tax rates on equity-financed US investment. This paper examines the reform’s impact on US inbound foreign direct investment (FDI) and investment in property, plant and equipment (PPE) by foreign-owned US companies. We first model effective marginal and average tax rates (EMTRs and EATRs) by country, industry, and method of finance, and then use those tax rates to calculate the tax semi-elasticities of inbound FDI and PPE investment. We find that both PPE investment and FDI financed with retained earnings responded positively to the TCJA reform, but FDI financed with new equity or debt did not. In country-level PPE regressions, inclusion of macroeconomic controls renders tax rate coefficients insignificant, suggesting that the increase in PPE investment after TCJA was driven by general economic growth. In regressions of FDI financed with retained earnings, however, tax coefficients were robust to inclusion of macroeconomic controls. As the literature predicts, EATRs have a greater impact on cross-border investment than EMTRs. Country-by-industry regressions showed a larger effect of taxes on PPE investment than aggregate country-level regressions, but industry-level tax rates appear to have no effect on earnings retention.
Author: Mr.Nigel A Chalk
Publisher: International Monetary Fund
ISBN: 1484372549
Category : Business & Economics
Languages : en
Pages : 48
Get Book
Book Description
This paper assesses the landmark Tax Cuts and Jobs Act (TCJA), from the perspective of both the U.S. itself and the wider world. The reform has many positive aspects including steps to broaden the base of, and reduce marginal rates under, the personal income tax (PIT), reduce distortions to investment and financing decisions, and mitigate outward profit shifting. But the TCJA has a large fiscal price tag and leaves significant uncertainty as to how the U.S. tax system will develop. The PIT changes could have better targeted relief at low earners, and there is scope to more fully address distortions in business taxation. The novel international provisions create a complex array of both positive and negative international spillovers, and have the potential to significantly reshape the wider international tax system.
Author: Susan Flax Posner
Publisher: CCH Incorporated
ISBN: 9780808049937
Category : Business & Economics
Languages : en
Pages : 0
Get Book
Book Description
Impact of Tax Cuts and Jobs Act on investments -- How the Tax Cuts and Jobs Act changed tax rates imposed on individual investors -- How the Tax Cuts and Jobs Act changed treatment of capital gains -- How the Tax Cuts and Jobs Act changed tax credits and deductions claimed by investors -- Impact of Tax Cuts and Jobs Act on real estate investments -- Impact of Tax Cuts and Jobs Act on U.S.-based multinational companies.
Author: Phil Demuth
Publisher: Cwm LLC
ISBN: 9780997059625
Category : Business & Economics
Languages : en
Pages : 240
Get Book
Book Description
Taxes Come First The 2017 Trump Tax Cuts and Jobs Act has lowered tax rates for the beleaguered American taxpayer. We live in a Golden Age of Taxes. The clock is ticking. The Trump tax cuts are slated to expire in 2025, while a regime change in Washington could undo them as early as 2021. Like grave robbers opening King Tut's tomb, Congress -- with no debate or public discussion -- plans to raid your retirement accounts for even more money under the so-called "SECURE" Act. Hang on to your wallet. Nationally recognized investment advisor Phil DeMuth decrypts the 73,954 pages of tax code to show you where the trip-wires lie. He offers simple rules of thumb to navigate the minefield, all in sparkling English. If you aren't playing the long game with your taxes now, you are sending a valentine to the U.S. Treasury every April 15 with a needlessly fat check attached. DeMuth shows how to safely pare your investment tax bill down to the legal minimum requirement. It adds up to a small fortune that would be better spent on your life, your family, and your retirement.
Author: Winona Zhao
Publisher: Booklocker.com
ISBN: 9781647185664
Category : Law
Languages : zh-CN
Pages : 578
Get Book
Book Description
In this first comprehensive Tax Guide for Investments in the USA written in Chinese (simplified and traditional), Winona Zhao explains the federal income tax provisions (and others) in detail and with examples for all taxpayers including individuals, corporations, partnerships, Real Estate Investment Trusts, and S-corporations etc. Specific industry-related tax topics, such as those for oil & gas and real estate, and certain state and local taxes are also covered by a total of 280,000+ characters in fifteen chapters. The Tax Guide has an index of special terms used in the U.S. tax codes and regulations. Chinese translations of these special terms are provided consistently among chapters. All of tax codes and regulations described in the book are referenced at the end of each chapter. The Tax Guide provides knowledge as well as guidance for readers to better understand U.S. taxation. It helps investors, businesses, and individuals who are obligated to comply with the U.S. tax laws put theory into practice. 本书是第一本用简体中文诠释美国税法的工具书，由美国国会图书馆馆藏。全书分为15章，28万余字，全面系统地阐述了美国联邦税法理论要点和税务合规要求，涉及个人、公司、合伙制企业、房地产投资信托基金等纳税主体。书中涵盖的知识点，相当于几十份专业报告的内容。 针对特殊的专业词汇，本书建立了严谨的翻译和检索，对所有引用的法条、申报表格和参考文献都一一标注，方便读者随时随地按需要查询。 本书以专业性、实用性和适度性为特点，不仅有理论依据，还饱含实践经验；不仅具备一定高度和广度的概括性，还注重适当的细节描述，帮助读者知其然，更知其所以然。本书能帮助赴美投资人、创业者、中小企业业主、留美生活的各界人士、以及财税专业的学生等等，了解与工作和生活都息息相关的美国税收制度，遵守法规并制定适当的税务规划。
Author: Emanuel Kopp
Publisher: International Monetary Fund
ISBN: 1498317049
Category : Business & Economics
Languages : en
Pages : 37
Get Book
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.
Author: Michael Lantrip
Publisher: Michael Lantrip
ISBN: 1945627077
Category : Business & Economics
Languages : en
Pages : 185
Get Book
Book Description
A guy with a duck on his head walks into a Police Station. The Desk Sargeant says, "Can I help you?" The duck says, "Yeah, can you get this guy off my ass?" If you're the duck, and the guy is the IRS, read this book. It explains in Plain English all you need to know to stay out of trouble with the IRS, and to get all of the benefits from the TCJA. This is a whole new ballgame, and the Rules have changed.
Author: Simon Johnson
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727497076
Category :
Languages : en
Pages : 314
Get Book
Book Description
The Essential Guide to the 2017 Income Tax Reforms for U.S. Taxpayers takes readers through the most important income tax changes for individual U.S. taxpayers in the Tax Cuts and Jobs Act of 2017 (Pub. Law. No. 115-97), the most important reforms to the Internal Revenue Code since 1986. This treatise provides detailed and comprehensive coverage of the new I.R.C. § 199A(a) deduction, including decisions charts and examples that make sense of this complex but important provision, and the regulations which implement it. It provides essential answers and guidance allowing taxpayers to take maximum advantage of this new deduction, and the other changes to the federal income tax law, with extensive citations to authority. With clear and usable guidance tax law changes and how they interact, the treatise covers the most significant domestic provisions as the affecting corporations, tax passthroughs, investors, senior managers, estates, tax exempts, and their professional advisors. Coverage also includes the new limitations on passthrough losses, changes to the "net operating loss" rules, limits on business interest deductions, more limited application of '1031' exchanges, increased bonus depreciation, elective expensing and changes to real property recovery periods, changes to the 'alternative minimum tax', changes to a flat corporate tax rate, changes to provisions governing charitable contributions, estate tax, changes to small business accounting rules, the requirement of conformity to financial accounting, and the taxation of "carried interests" - a provision reaching more taxpayers than just venture capitalists. The Essential Guide to the 2017 Income Tax Reforms for U.S. Taxpayers provides detailed coverage of the changes in 33 important areas of tax law, how these provisions existed before the changes, whether the change is permanent or, if it sunsets, when it sunsets, and other essential concepts for taxpayers to take maximum advantage of the planning opportunities while avoiding the pitfalls these important revisions provide. This important work is an essential resource for students, managers, tax practitioners, investors and business owners alike. Includes I.R.C. § 199A decision charts and an Index.
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1498321895
Category : Business & Economics
Languages : en
Pages : 95
Get Book
Book Description
The U.S. economy is in the longest expansion in recorded history. Unemployment is at levels not seen since the late 1960s, real wages are rising, and inflationary pressures remain subdued. Economic activity, while still growing above potential, is expected to slow to around 2.6 percent this year and 1.9 percent in 2020.
