Download or read book Taxing Profit in a Global Economy written by Michael P. Devereux and published by Oxford University Press. This book was released on 2020-09-29 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international tax system is in dire need of reform. It allows multinational companies to shift profits to low tax jurisdictions and thus reduce their global effective tax rates. A major international project, launched in 2013, aimed to fix the system, but failed to seriously analyse the fundamental aims and rationales for the taxation of multinationals' profit, and in particular where profit should be taxed. As this project nears its completion, it is becomingincreasingly clear that the fundamental structural weaknesses in the system will remain. This book, produced by a group of economists and lawyers, adopts a different approach and starts from first principles in order to generate an international tax system fit for the 21st century. This approach examines fundamental issues of principle and practice in the taxation of business profit and the allocation of taxing rights over such profit amongst countries, paying attention to the interests and circumstances of advanced and developing countries. Once this conceptual framework is developed, the book evaluates the existing system and potential reform options against it. A number of reform options are considered, ranging from those requiring marginal change to radically different systems. Some options have been discussed widely. Others, particularly Residual Profit Split systems and a Destination Based Cash-Flow Tax, are more innovative and have been developed at some length and in depth for the first time in this book. Their common feature is that they assign taxing rights partly/fully to the location of relatively immobile factors: shareholders or consumers.
Download or read book Profits in the National Economy written by Jules Backman and published by . This book was released on 1947 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profits in the Modern Economy written by Harold W. Stevenson and published by U of Minnesota Press. This book was released on 1967 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profits written by United States. Congress. Joint Economic Committee and published by . This book was released on 1949 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profits and the American Economy written by United States. Department of Commerce and published by . This book was released on 1965 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The National Economy written by and published by Economics Online. This book was released on with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book National Income written by and published by . This book was released on 1953 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profits in the Modern Economy written by Harold Stevenson and published by . This book was released on 1967-05-05 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Profits in the Modern Economy was first published in 1967.As the editors point out in their introduction to this volume, profit is a concept about which there is much misunderstanding. The man in the street, the businessman, and the economist all think of profit in different senses and for this reason experience difficulty in communicating with each other. Although the subject is of crucial importance in the modern economy, relatively little of a scholarly nature has been written about profits. The aim of this book is to provide a basis for a better understanding of the nature and role of profits in today's economy.Among the nineteen contributors of papers or discussions are professors of economics or business administration at a number of universities, executives of several financial or industrial firms, and government officials. Their papers present various viewpoints on profit measurement, use, and significance.The book is divided into sections on "The Problem and Its Setting," "Profits in the Economy," "Profits in the Firm," and "Profits and National Economic Policy," with an introduction by the editors for each section. The material is based on the papers and discussion from the Conference on Understanding Profits sponsored jointly by the University of Minnesota Graduate School of Business Administration and Macalester College. Harvey M. Rice, former president of Macalester College, writes a foreword.
Download or read book The Power of Profit written by Ali Anari and published by Springer. This book was released on 2014-09-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can business leaders make better production and capital investment decisions? How can Wall Street analysts improve their predictions of future stock market values? How can government improve macroeconomic forecasts and policies? In The Power of Profit, Anari and Kolari demonstrate how profit measures can be applied as the basis for these and many other applications of economic, policy, financial, and business analysis. The underlying theme of the book is that profitability is the driving force in free market economies. Firms invest in capital, produce goods and services, and generate sales in an effort to reap profits. Firms that are unprofitable exit the marketplace and are replaced by profitable firms. Despite the crucial importance of profits, however, there is no formal model that directly relates profits to capital formation and output. Previous studies over the past 100 years on profit and the economy are mainly descriptive in nature, without any well-specified model grounded in microeconomic theory. Filling this gap, the authors present a profit system model of the firm grounded in basic accounting relationships in addition to the well-known Cobb-Douglas production function, which can be applied to individual firms, industries, and the business sector as a whole. Through rigorous data analysis, the authors show how the profit system modelcan be applied to: modeling the U.S. business sector and national economy forecasting output, capital stock, total profit, profit rates, and profit margins examining the relationships among profitability, economic growth, and the business cycle simulating the effects of potential monetary policy changes on the business sector and national economy valuing the Standard & Poor’s stock market index as well as individual firms. The result is a model that integrates microeconomic and macroeconomic factors and that can be widely applied in business and economic decisions, policymaking, research, and teaching.
Download or read book Understanding National Accounts Second Edition written by Lequiller François and published by OECD Publishing. This book was released on 2014-10-20 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.
Download or read book Principles of National Economy written by Thomas Nixon Carver and published by . This book was released on 1921 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Friction and Cooperation in High Technology Development and Trade written by National Research Council and published by National Academies Press. This book was released on 1997-10-10 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Do You Know Your Economic ABC s a Simplified Explanation of Gross National Producut and how it Mirrors Our Economy written by United States. Department of Commerce and published by . This book was released on 1963 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book American Economic History written by Lance Edwin Davis and published by Homewood, Ill : R. D. Irwin. This book was released on 1969 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The National Economy written by Bradley A. Hansen and published by Bloomsbury Publishing USA. This book was released on 2006-04-30 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the impact of rising gas prices to debates over free trade agreements, the workings of the economy remain a mystery to most, even as the demands on our economic resources increase. This volume presents a basic introduction to the national economy—how it works and how various political and business decisions affect it. Chapters one through four explain the concept of Gross Domestic Product, with an emphasis on supply and demand, long-term growth, and short-term fluctuations, resulting from such factors as interest rates and inflation. Chapters five through eight highlight the four basic sectors of the economy—businesses, households, the government, and the international arena—and how they interact. The national economy is the engine of growth for any country—whether it is a superpower with global reach or a small nation struggling to emerge from poverty. Every citizen is a participant in the economy, as they work to create income for their families, pay taxes, spend their earnings of products and services, or draw from government programs, such as welfare or Social Security. And yet the workings of the economy remain a mystery to most, even as the demands on our economic resources increase.
Download or read book The National Economy written by and published by . This book was released on 1979 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Profit Paradox written by Jan Eeckhout and published by Princeton University Press. This book was released on 2022-10-25 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.
