Download or read book Closing the Tax Gap and the Impact on Small Business written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2018-02-09 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Closing the tax gap and the impact on small business : hearing before the Committee on Small Business, House of Representatives, One Hundred Ninth Congress, first session, Washington, DC, April 27, 2005.
Download or read book Closing the Tax Gap and the Impact on Small Business written by United States House of Representatives and published by . This book was released on 2019-12-14 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Closing the tax gap and the impact on small business: hearing before the Committee on Small Business, House of Representatives, One Hundred Ninth Congress, first session, Washington, DC, April 27, 2005.
Download or read book Closing the Tax Gap and the Impact on Small Business written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2005 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book CLOSING THE TAX GAP AND THE IMPACT ON SMALL BUSINESS HEARING SERIAL NO 109 13 COMMITTEE ON SMALL BUSINESS U S HOUSE OF REPS 1 written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2006* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Full Committee Hearing on Closing the Tax Gap Without Creating Burdens for Small Businesses written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2007 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How Tax Complexity Hinders Small Business written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2011 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book House Hearing 109th Congress written by U.S. Government Printing Office (Gpo) and published by BiblioGov. This book was released on 2013-11 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Why People Pay Taxes written by Joel Slemrod and published by . This book was released on 1992 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts discuss strategies for curtailing tax evasion
Download or read book Oversight Plans for All House Committees with Accompanying Recommendations written by United States. Congress. House. Committee on Oversight and Government Reform and published by . This book was released on 2007 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rethinking Property Tax Incentives for Business written by Daphne A. Kenyon and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of property tax incentives for business by local governments throughout the United States has escalated over the last 50 years. While there is little evidence that these tax incentives are an effective instrument to promote economic development, they cost state and local governments $5 to $10 billion each year in forgone revenue. Three major obstacles can impede the success of property tax incentives as an economic development tool. First, incentives are unlikely to have a significant impact on a firm's profitability since property taxes are a small part of the total costs for most businesses--averaging much less than 1 percent of total costs for the U.S. manufacturing sector. Second, tax breaks are sometimes given to businesses that would have chosen the same location even without the incentives. When this happens, property tax incentives merely deplete the tax base without promoting economic development. Third, widespread use of incentives within a metropolitan area reduces their effectiveness, because when firms can obtain similar tax breaks in most jurisdictions, incentives are less likely to affect business location decisions. This report reviews five types of property tax incentives and examines their characteristics, costs, and effectiveness: property tax abatement programs; tax increment finance; enterprise zones; firm-specific property tax incentives; and property tax exemptions in connection with issuance of industrial development bonds. Alternatives to tax incentives should be considered by policy makers, such as customized job training, labor market intermediaries, and business support services. State and local governments also can pursue a policy of broad-based taxes with low tax rates or adopt split-rate property taxation with lower taxes on buildings than land.State policy makers are in a good position to increase the effectiveness of property tax incentives since they control how local governments use them. For example, states can restrict the use of incentives to certain geographic areas or certain types of facilities; publish information on the use of property tax incentives; conduct studies on their effectiveness; and reduce destructive local tax competition by not reimbursing local governments for revenue they forgo when they award property tax incentives.Local government officials can make wiser use of property tax incentives for business and avoid such incentives when their costs exceed their benefits. Localities should set clear criteria for the types of projects eligible for incentives; limit tax breaks to mobile facilities that export goods or services out of the region; involve tax administrators and other stakeholders in decisions to grant incentives; cooperate on economic development with other jurisdictions in the area; and be clear from the outset that not all businesses that ask for an incentive will receive one.Despite a generally poor record in promoting economic development, property tax incentives continue to be used. The goal is laudable: attracting new businesses to a jurisdiction can increase income or employment, expand the tax base, and revitalize distressed urban areas. In a best case scenario, attracting a large facility can increase worker productivity and draw related firms to the area, creating a positive feedback loop. This report offers recommendations to improve the odds of achieving these economic development goals.
Download or read book Summary of Activities written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2007 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report on the Activity of the Committee on Small Business for the Congress written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2009 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report on the Activity of the Committee on Small Business for the One Hundred Tenth Congress written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2009 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: A report on the activities of that committee, including separate sections summarizing the legislative and oversight activities of that committee during that Congress.
Download or read book Summary of Activities January 2 2007 109 2 House Report 109 740 written by and published by . This book was released on 2007 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report on the Activity of the Committee on Small Business for the 110th Congress January 2 2009 110 2 House Report 110 926 written by and published by . This book was released on 2009 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Income Tax Compliance Research written by and published by . This book was released on 1988 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Revenue Administration Gap Analysis Program written by Mr.Eric Hutton and published by International Monetary Fund. This book was released on 2017-04-07 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF Fiscal Affairs Department’s Revenue Administration Gap Analysis Program (RA-GAP) assists revenue administrations from IMF member countries in monitoring taxpayer compliance through tax gap analysis. The RA-GAP methodology for estimating the VAT gap presented in this Technical Note has some distinct advantages over commonly used methodologies. By using a value-added approach to estimating potential VAT revenues, as compared to the more traditional final consumption approach used by most countries undertaking VAT gap estimation, the RA-GAP methodology can provide VAT compliance gap estimates on a sector-by-sector basis, which assists revenue administrations to better target compliance efforts to close the gap. In addition, the RA-GAP methodology uses a unique measurement for actual VAT revenues, which isolates changes in revenue performance that might be due to cash management (e.g., delays in refunds) from those due to actual changes in taxpayer compliance.
