Download or read book Corporate Concentration and the tax system written by and published by . This book was released on 1977 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Policy and Corporate Concentration written by Alan L. Feld and published by Free Press. This book was released on 1982 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the relation between federal taxation and corporate concentration in the United States.
Download or read book The Tax Structure and Its Effect on Corporate Concentration written by John Allison Smith and published by . This book was released on 1951 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Concentration and the Canadian Tax System written by Canada. Royal Commission on Corporate Concentration and published by . This book was released on 1975 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Concentration and the Canadian Tax System a Background Study written by Canada. Royal Commission on Corporate Concentration and published by . This book was released on 1978 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Notes on Corporate Concentration and Canada s Income Tax written by Michael C. Wolfson and published by . This book was released on 1987 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Jurisdictional Tax Rates written by Sandy Brian Hager and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate concentration in the United States has been on the rise in recent years, sparking a heated debate about its causes, consequences, and potential remedies. In this study, we examine a facet of public policy that has been largely neglected in current debates about concentration: corporate tax policy. As part of our analysis we develop the first empirical mapping of the effective tax rates (ETRs) of nonfinancial corporations disaggregated by size and broken down by jurisdiction. Our findings reveal a striking and persistent tax advantage for big business in recent decades. Since the mid-1980s, large corporations have faced lower worldwide ETRs relative to their smaller counterparts. The regressive worldwide ETR is driven by persistent regressivity in the domestic ETR and a marked drop in the progressivity of the foreign ETR over the past decade. We go on to show how persistent regressivity in the worldwide tax structure is bound up with the increasing relative power of large corporations within the corporate universe, as well as a shift in firm-level power relations. As large corporations become less disposed to investments that may indirectly benefit ordinary workers, they become more disposed to shareholder value enhancement that directly benefits the asset-rich. What this means is that the corporate tax structure is connected not only to rising corporate concentration, but also to widening household inequality.
Download or read book Corporate Concentration and the Canadian Tax System written by Stikeman and published by . This book was released on 1977 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Concentration and the Federal Tax Code written by William B. Trautman and published by . This book was released on 1984 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper has shown how certain provisions of the federal tax code may induce corporate mergers and acquisitions. To the extent that they result in economies of scale or increased efficiency, mergers and acquisitions may be justified from an economic standpoint. However, to the extent that they are solely an attempt to capture tax benefits at the cost of economic concentration, they may not be justifiable from an economic standpoint. It appears that there is a strong correlation between economic concentration and the ability to take advantage of tax benefits, representing an implicit incentive toward economic concentration. This correlation may be due to increased knowledge and specialization of larger firms; it may be due to the financial ability of larger firms to procure higher quality legal and accounting advice; and it may be due to the greater flexibility of larger firms to structure investments to take maximum advantage of tax benefits. Reorganizations and acquisitions may be the most effective device for realizing economies of scale reflecting efforts to develop firms of optimum capacity and optimum combination of inputs. Managerial talent, labor and capital may be more efficiently allocated so that the unit cost of producing an output decreases. Reorganization and acquisition may, in fact, increase competition by cross-subsidizing into industries where market concentration is high and there are barriers to entry.
Download or read book Corporate Concentration and the Canadian Tax System written by Stikeman, Elliott, Tamaki, Mercier and Robb (Firm) and published by . This book was released on 1976 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Concentration and the Canadian Tax System written by and published by . This book was released on 1976 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taxation and Business Concentration written by Tax Institute and published by . This book was released on 1952 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Winning the Tax Wars written by Brigitte Alepin and published by Kluwer Law International B.V.. This book was released on 2016-04-24 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past few decades, the concentration of wealth and property in the hands of a few has been facilitated by tax evasion, tax avoidance, and above all by tax competition. Fortunately, a determined move toward international cooperation among tax authorities is gathering its forces to do battle. This invaluable book shows how the globalization of trade, the digitization of the economy, tax competition between sovereign states, the erosion of the tax base, and the transfer of pro ts have all revealed the weaknesses of a traditional tax system that has reached its limits, and how numerous states and groups of states have joined efforts in creating a new international tax system designed to restore fairness and stability in the levying of taxes worldwide. Stemming from a 2016 conference initiated by the Canadian non-pro t organization TaxCOOP, convened by the World Bank and bringing together well-known taxation experts from prominent international organizations, the book presents outstanding contributions highlighting the impacts of tax competition and viable solutions. Among the issues and topics covered are the following: – electronic commerce and electronic money; – transfer pricing; – derivatives and hedge funds; – protecting tax whistle-blowers; – offshore tax investigations; – possibility of an international tax court; – impact of tax competition on developing countries; – carbon pricing; – tobacco taxation; and – effective taxation of the ultra-wealthy and their nancial capital. The chapters include details of country experiences and results, in some cases analyzed by key protagonists themselves. Collectively, the contributions take a giant step toward reinforcing the power of sovereign states in sectors such as the environment, education, and health. As an authoritative guide to increasing the level of transparency and accountability of private and public economic actors and restoring citizens’ trust in the fairness of our global governance systems, this peerless volume will be warmly welcomed by tax lawyers, taxation authorities, and interested academics worldwide.
Download or read book Corporate Concentration and the Canadian Tax System written by Stikeman, Elliott, Tamaki, Mercier and Robb (Firm) and published by . This book was released on 1977 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Tax Reform written by Christopher H. Hanna and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last few years, academics, practitioners and government officials have engaged in serious discussions in reforming the U.S. corporate income tax system. Some, if not much of the discussion, has focused on maintaining the competitiveness of U.S. corporations in a global economy. As a result, some have argued that the U.S. needs to reduce its top corporate tax rate from 35 percent, which is currently among the highest of the 30 OECD countries, to a rate around 30 percent or even lower. Others have maintained that the U.S. needs to enact specific or targeted tax incentives, such as expensing of all equipment purchases. In discussing reform of the U.S. corporate income tax system, one aspect of reform seems to be consistently overlooked, ignored or marginalized: the impact reform will have on the financial statements of the Fortune 500 companies and other publicly held corporations, which I focus on and refer to as “Corporate America.” In Corporate America, the overwhelming emphasis is on a corporation's net income, earnings per share (EPS) and effective tax rate. The different types of corporate tax reform may have a significantly differently impact on a corporation's net income, EPS and effective tax rate. Consequently, because of Corporate America's focus on net income, EPS and the effective tax rate, the effectiveness of the various types of corporate tax reform may be greatly impacted by the form. For example, if economists agree that a directed tax preference is needed to stimulate economic expansion, the form of the tax preference and its impact on Corporate America's financial statements may significantly affect the effectiveness of the tax preference. As a result, in determining the form of corporate tax reform, whether major or minor reform, it is critical to look at the impact on Corporate America's financial statements.
Download or read book Globalization and Corporate Taxation written by Mr.Manmohan S. Kumar and published by International Monetary Fund. This book was released on 2012-10-26 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent to which the degree of international economic integration, both financial and trade, affects corporate tax rates. It explores this issue in the context of strategic behavior by countries, taking into account other global and domestic political economy factors. Tax rates are analyzed using a unique tax dataset for advanced and developing economies extending over five decades. We report a number of novel results: there is no general negative relationship between financial globalization and corporate tax rates and revenues—results vary according to country grouping with OECD countries showing a positive relationship; the United States exhibits a “Stackelberg” type of leadership on other countries; trade integration is inversely correlated with tax rates; and public sentiment and ideology affect tax rates. The policy implications of these findings, particularly given budgetary pressures in the aftermath of the global crisis, are noted.
Download or read book The Impact of the Tax System on Basic Industry Service Industries and the Investment Industries written by United States. Congress. Senate. Committee on Finance. Subcommittee on Oversight of the Internal Revenue Service and published by . This book was released on 1984 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
