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Book Corporate Tax Statistics  Second Edition

Download or read book Corporate Tax Statistics Second Edition written by OECD and published by OECD Publishing. This book was released on 2020-07-08 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Tax Statistics is a flagship OECD publication on corporate income tax, bringing together a range of information on corporate taxation, MNE activity, and base erosion and profit shifting (BEPS) practices. This second edition of Corporate Tax Statistics includes, for the first time, anonymised and aggregated Country-by-Country reporting data.

Book Corporate Tax Statistics  Third Edition

Download or read book Corporate Tax Statistics Third Edition written by OECD and published by OECD Publishing. This book was released on 2021-07-29 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Tax Statistics brings together a range of valuable information to support the analysis of corporate taxation and base erosion and profit shifting (BEPS) practices. This third edition of the database contains several new data categories including data on Action 13 implementation and data on expenditure-based tax incentives for R&D and innovation.

Book Corporate Tax Statistics  Second Edition

Download or read book Corporate Tax Statistics Second Edition written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book State Corporate Income Tax Incidence  The Relationship Between Tax Rates and Labor Wages

Download or read book State Corporate Income Tax Incidence The Relationship Between Tax Rates and Labor Wages written by Timothy Vermeer and published by . This book was released on 2021 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: A well-developed literature exists on the general issue of corporate tax incidence, but many of those studies involve national or federal tax rates. Fewer articles are written with a focus on wages and corporate tax rates at the subnational level. While most of the literature tends to agree that there is a negative relationship between corporate tax rates and wage, those that deal with the state, provincial or local levels consistently vary in terms of the relationship’s magnitude. This study extends the research on the relationship between U.S. state corporate tax rates and labor wages into the decade beyond the Great Recession. It also registers another data point in the ongoing attempt to pin down the size of the corporate tax to wage relationship. This paper is organized into four sections. It begins with an overview of past literature on the incidence of subnational corporate taxation and the relationship between subnational corporate tax rates and wages. The study then uses a multivariate ordinary least squares regression model to examine real wage data from the U.S. Census Bureau’s American Community Survey coupled with tax data collected by the Tax Policy Center. The third section unpacks the results of the study which suggest a negative relationship between U.S. states’ corporate income tax rates and real annual wages. The final section offers several policy implications that may follow from the negative state corporate tax to labor wage relationship.

Book The Budget and Economic Outlook

Download or read book The Budget and Economic Outlook written by and published by . This book was released on 2008 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Multistate Corporate Tax Guide    Mid Year Edition  2023

Download or read book Multistate Corporate Tax Guide Mid Year Edition 2023 written by C Healy John and published by . This book was released on 2023-06-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Multistate Corporate Tax Guide Mid-Year Edition focuses on new and emerging issues in state and local taxation (SALT). The 2021 Multistate Corporate Tax Guide Mid-Year Edition is divided into five parts: Part I, Income and Franchise Taxes, contains a primer on multistate corporate taxation and the following new charts: Bonus Depreciation: Cares Act Fixes the Retail Glitch, Income from the Forgiveness of a Paycheck Protection Program Loan, Net Operating Loss Carryovers: Cares Act Relief Provisions, and Business Interest Expense Limitation: Cares Act Relief Provisions. Part II, Sales and Use Taxes, contains a new primer on sales and use taxation and the following new charts: NEXUS, Information Services, and COVID-19 Emergency Tax Exclusions and Exemptions. Part III, Administration, includes the following revised charts: Common Mistakes Corporations Make in Filing Returns and Paying Income Taxes and Common Mistakes Corporations Make in Filing Returns and Paying Sales Taxes. Part IV includes the Streamlined Sales and Use Tax Agreement, as adopted on November 12, 2002 and amended through March 5, 2021, and the following five articles: More States Adopt Factor Presence Nexus Standards for Income and Gross Receipts Taxes, P.L. 86-272 "Cookies" and Nexus via Activities Conducted Through the Internet, State Corporate Income Tax Rates and Brackets for 2021, State Sales Tax Breadth and Reliance, Fiscal Year 2020, and State Individual Income Tax Rates and Brackets for 2021. Part V contains the State Website Directory and the State Corporate Income Tax and Sales and Use Tax Questionnaire (Abridged).

Book European Union Corporate Tax Law

    Book Details:
  • Author : Christiana HJI Panayi
  • Publisher : Cambridge University Press
  • Release : 2013-05-09
  • ISBN : 1107354986
  • Pages : 413 pages

Download or read book European Union Corporate Tax Law written by Christiana HJI Panayi and published by Cambridge University Press. This book was released on 2013-05-09 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does EU law affect Member State corporate tax systems and the cross-border activities of companies? This unique study traces the historical development of EU corporate tax law and provides an in-depth analysis of a number of issues affecting companies, groups of companies and permanent establishments. Existing legislation, soft-law and the case-law of the Court of Justice are examined. The proposed CCCTB Directive and its potential application through enhanced co-operation are also considered. In addition to the tax issues pertaining to direct investment, the author examines the taxation of passive investment income, corporate reorganisations, exit taxes and the restrictive effect of domestic anti-abuse regimes. By doing so, the convergences and divergences arising from the interplay of EU corporate tax law and international tax law, especially the OECD model, are uncovered and highlighted.

Book Multistate Corporate Tax Guide    Mid Year Edition  2022

Download or read book Multistate Corporate Tax Guide Mid Year Edition 2022 written by John Healy and published by . This book was released on 2022-07-21 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Multistate Corporate Tax Guide Mid-Year Edition focuses on new and emerging issues in state and local taxation (SALT). The 2021 Multistate Corporate Tax Guide Mid-Year Edition is divided into five parts: Part I, Income and Franchise Taxes, contains a primer on multistate corporate taxation and the following new charts: Bonus Depreciation: Cares Act Fixes the Retail Glitch, Income from the Forgiveness of a Paycheck Protection Program Loan, Net Operating Loss Carryovers: Cares Act Relief Provisions, and Business Interest Expense Limitation: Cares Act Relief Provisions. Part II, Sales and Use Taxes, contains a new primer on sales and use taxation and the following new charts: NEXUS, Information Services, and COVID-19 Emergency Tax Exclusions and Exemptions. Part III, Administration, includes the following revised charts: Common Mistakes Corporations Make in Filing Returns and Paying Income Taxes and Common Mistakes Corporations Make in Filing Returns and Paying Sales Taxes. Part IV includes the Streamlined Sales and Use Tax Agreement, as adopted on November 12, 2002 and amended through March 5, 2021, and the following five articles: More States Adopt Factor Presence Nexus Standards for Income and Gross Receipts Taxes, P.L. 86-272 "Cookies" and Nexus via Activities Conducted Through the Internet, State Corporate Income Tax Rates and Brackets for 2021, State Sales Tax Breadth and Reliance, Fiscal Year 2020, and State Individual Income Tax Rates and Brackets for 2021. Part V contains the State Website Directory and the State Corporate Income Tax and Sales and Use Tax Questionnaire (Abridged).

Book International VAT GST Guidelines

Download or read book International VAT GST Guidelines written by Collectif and published by OECD. This book was released on 2017-04-12 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value Added Tax (VAT; also known as Goods and Services Tax, under the acronym GST in a number of OECD countries) has become a major source of revenue for governments around the world. Some 165 countries operated a VAT at the time of the completion of the International VAT/GST Guidelines in 2016, more than twice as many as 25 years before. As VAT continued to spread across the world, international trade in goods and services has also expanded rapidly in an increasingly globalised economy. One consequence of these developments has been the greater interaction between VAT systems, along with growing risks of double taxation and unintended non-taxation in the absence of international VAT co-ordination. The International VAT/GST Guidelines now present a set of internationally agreed standards and recommended approaches to address the issues that arise from the uncoordinated application of national VAT systems in the context of international trade. They focus in particular on trade in services and intangibles, which poses increasingly important challenges for the design and operation of VAT systems worldwide. They notably include the recommended principles and mechanisms to address the challenges for the collection of VAT on cross-border sales of digital products that had been identified in the context of the OECD/G20 Project on Base and Erosion and Profit Shifting (the BEPS Project). These Guidelines were adopted as a Recommendation by the Council of the OECD in September 2016.

Book The U S  Corporate Tax Debate

Download or read book The U S Corporate Tax Debate written by Md Rafi Hossain and published by . This book was released on 2019 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: My dissertation comprises of three essays in the field of public economics. The first essay investigates the employment effects of corporate taxation at the industry level; Specifically, do corporate taxes affect employment rates at the industry level and are the effects consistent across industries? This paper uses an identification strategy that exploits variation in corporate income tax rates across U.S. states and tries to understand how they impact industry employment at the county level with contiguous counties straddling state borders acting as controls. The results show that any change in the corporate tax rate affect the employment rate in goods producing sectors, but employment rate within the service sectors is only affected by an increase, and not decreases, in the corporate tax rates.The second essay is the first of its kind using the same variation in state corporate tax rates to investigate if they have any explanatory power in predicting variations in CEO pay. Specifically, this paper allows us to shed light on whether corporate tax cuts boost CEO pay? This paper, by using a difference-in-difference (DID) set up over the period 1994 to 2015, finds that corporate tax cuts statistically affect CEO pay among all publicly traded firms in the U.S. The magnitude of the effect increases among the S&P 500, S&P 100 and some tax avoiding firms. The paper further presents some interesting findings using three different measures of executive compensation.Lastly, the third essay empirically investigates whether the variation in state corporate tax rates across the US economy has any explanatory power in predicting variations in research and development expenditure across firms. The paper uses an identification strategy that exploits variation in corporate income tax rates across U.S. states and tries to understand how it impacts firm level R&D activity by using a difference-in-difference set up. Compustat data for all U.S. firms over the period starting from 1994 to 2014 are used to test this hypothesis. The results suggest that corporate tax cuts does not affect R&D expenditures among all publicly traded firms in the U.S. while an increase in the tax rate leads to a decrease in R&D spending.

Book Strategic Business Tax Planning

Download or read book Strategic Business Tax Planning written by John E. Karayan and published by John Wiley & Sons. This book was released on 2006-09-30 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic Business Tax Planning, Second Edition is the definitive handbook on business tax planning, skipping the unnecessary and minute taxation details and focusing instead on the big picture in taxes. Organized around business processes, this reader-friendly guide shows you how to optimally put tax management principles to work in your business.

Book CBT Corporate Tax Ranking 2012

Download or read book CBT Corporate Tax Ranking 2012 written by Katarzyna Bilicka and published by . This book was released on 2012 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Estimating the Corporate Income Tax Gap

Download or read book Estimating the Corporate Income Tax Gap written by Mr.Junji Ueda and published by International Monetary Fund. This book was released on 2018-09-12 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF Fiscal Affairs Department's Revenue Administration Gap Analysis Program (RA-GAP) aims to provide a quantitative analysis of the tax gap between potential revenues and actual collections, and this technical note explains the concept of the tax gap for corporate income tax (CIT), and the methodology to estimate CIT gaps. It includes detailed steps to derive the potential CIT base and liability with careful consideration for the theoretical differences between the coverage of statistical macroeconomic data and the actual tax base of CIT, and then compare the estimated results with actual declarations and revenues. Although the estimated gaps following the approach will have margins of errors, it has the advantage of using available data without additional costs of collection and suits initial evaluations of overall CIT noncompliance in a country.

Book Corporate Tax Law

Download or read book Corporate Tax Law written by Peter Harris and published by Cambridge University Press. This book was released on 2013-03-07 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive and comparative analysis of corporate tax systems, focusing on structural defects and how they are addressed in practice.

Book Standard for Automatic Exchange of Financial Account Information in Tax Matters  Second Edition

Download or read book Standard for Automatic Exchange of Financial Account Information in Tax Matters Second Edition written by OECD and published by OECD Publishing. This book was released on 2017-03-27 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains the following four parts: A model Competent Authority Agreement (CAA) for the automatic exchange of CRS information; the Common Reporting Standard; the Commentaries on the CAA and the CRS; and the CRS XML Schema User Guide.

Book The Structure of State Corporate Taxation and Its Impact on State Tax Revenues and Economic Activity

Download or read book The Structure of State Corporate Taxation and Its Impact on State Tax Revenues and Economic Activity written by Juan Carlos Suárez Serrato and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper documents facts about the state corporate tax structure -- tax rates, base rules, and credits -- and investigates its consequences for state tax revenue and economic activity. We present three main findings. First, tax base rules and credits explain more of the variation in the state corporate tax revenue than tax rates do. Second, although states typically do not offset tax rate changes with base and credit changes, the effects of tax rate changes on tax revenue and economic activity depend on the breadth of the base. Third, as states have narrowed their tax bases, the relationship between tax rates and tax revenues has diminished. Overall, changes in state tax bases have made the state corporate tax system more favorable for corporations and are reducing the extent to which tax rate increases raise corporate tax revenue.

Book Corporate Tax Reform

    Book Details:
  • Author : Jane Gravelle
  • Publisher : Createspace Independent Publishing Platform
  • Release : 2017-10-10
  • ISBN : 9781978091900
  • Pages : 66 pages

Download or read book Corporate Tax Reform written by Jane Gravelle and published by Createspace Independent Publishing Platform. This book was released on 2017-10-10 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in corporate tax reform that lowers the rate and broadens the base has developed in the past several years. Some discussions by economists in opinion pieces have suggested there is an urgent need to lower the corporate tax rate, but not necessarily to broaden the tax base, an approach that presents some difficulties given current budget pressures. Others see the corporate tax as a potential source of revenue. Arguments for lowering the corporate tax rate include the traditional concerns about economic distortions arising from the corporate tax and newer concerns arising from the increasingly global nature of the economy. Some claims have been made that lowering the corporate tax rate would raise revenue because of the behavioral responses, an effect that is linked to an open economy. Although the corporate tax has generally been viewed as contributing to a more progressive tax system because the burden falls on capital income and thus on higher-income individuals, claims have also been made that the burden falls not on owners of capital, but on labor income. The analysis in this report suggests that many of the concerns expressed about the corporate tax are not supported by empirical evidence. Claims that behavioral responses could cause revenues to rise if rates were cut do not hold up on either a theoretical or an empirical basis. Studies that purport to show a revenue-maximizing corporate tax rate of 30% (a rate lower than the current statutory tax rate) contain econometric errors that lead to biased and inconsistent results; when those problems are corrected the results disappear. Cross-country studies to provide direct evidence showing that the burden of the corporate tax actually falls on labor yield unreasonable results and prove to suffer from econometric flaws that also lead to a disappearance of the results when corrected, in those cases where data were obtained and the results replicated. Many studies that have been cited are not relevant to the United States because they reflect wage bargaining approaches and unions have virtually disappeared from the private sector in the United States. Overall, the evidence suggests that the tax is largely borne by capital. Similarly, claims that high U.S. tax rates will create problems for the United States in a global economy suffer from a misrepresentation of the U.S. tax rate compared with other countries and are less important when capital is imperfectly mobile, as it appears to be. Although these new arguments appear to rely on questionable methods, the traditional concerns about the corporate tax appear valid. While an argument may be made that the tax is still needed as a backstop to individual tax collections, it does result in some economic distortions. These economic distortions, however, have declined substantially over time as corporate rates and shares of output have fallen. Moreover, it is difficult to lower the corporate tax without creating a way of sheltering individual income given the low tax rates on dividends and capital gains. A number of revenue-neutral changes are available that could reduce these distortions, allow for a lower corporate statutory tax rate, and lead to a more efficient corporate tax system. These changes include base broadening, reducing the benefits of debt finance through inflation indexing, taxing large pass-through firms as corporations, and reducing the tax at the firm level offset by an increase at the individual level. Nevertheless, the scope for reducing the tax rate in a revenue-neutral way may be limited.