Download or read book Taxing Transactions in Futures Markets written by Franklin R. Edwards and published by . This book was released on 1991 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Introduction to the Taxation of Financial Instruments written by Henry D. Shereff and published by . This book was released on 1990 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Taxing Financial Transactions written by Ms.Thornton Matheson and published by International Monetary Fund. This book was released on 2011-03-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: In reaction to the recent financial crisis, increased attention has recently been given to financial transaction taxes (FTTs) as a means of (1) raising revenue for a variety of possible purposes and/or (2) helping to curb financial market excesses. This paper reviews existing theory and evidence on the efficacy of an FTT in fulfilling those tasks, on its potential impact, and on key issues to be faced in designing taxes of this kind.
Download or read book U S Experience with Futures Transactions Taxes written by Scott Mixon and published by . This book was released on 2016 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transactions tax on futures sharply reduced trading volume on wheat and corn contracts during the 1920s and 1930s but had no apparent effect on volatility or market quality. I find no evidence of a tax effect on open interest: I hypothesize this is because the relative magnitude of the tax was significantly higher for intermediaries than for other participants. Instead, the tax appears to have substantially reduced intra-day trading but not longer-term positioning. Volume-related proxies of liquidity therefore exhibit a strong relation with tax rates, but other measures of market quality show no relation to tax rates. In the long-run, however, exchange members doubled the minimum tick size in order to retain a large number of market makers and offset the impact of the tax.
Download or read book Commodity tax Straddles written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1981 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Commodity Tax Straddles written by United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management and published by . This book was released on 1981 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Background on Commodity Tax Straddles and Explanation of S 626 written by United States; Congress; Senate; Committee on Finance; Subcommittee on Taxation and Debt Management and published by Forgotten Books. This book was released on 2015-06-24 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Background on Commodity Tax Straddles and Explanation of S. 626 This pamphlet provides background information for a joint public hearing scheduled on Friday, June 12, 1981, by the Subcommittee on Taxation and Debt Management and the Subcommittee on Energy and Agricultural Taxation of the Senate Committee on Finance on S. 626 and other legislative proposals relating to tax straddles. Because most tax straddles are structured at least partially in commodity futures contracts, the pamphlet describes the futures industry, futures trading, and tax-motivated transactions in futures. In addition, the pamphlet outlines the present law governing the taxation of futures transactions and explains the provisions of S. 626. Finally, the pamphlet describes two principal alternative proposals: (1) offsetting commodity gains and losses and (2) a marking-to-market system. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book Budget options written by United States. Congressional Budget Office and published by . This book was released on 1977 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Securities Transaction Taxes and Market Quality of Equity and Futures Markets written by George H. K. Wang and published by . This book was released on 2018 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses arguments for and against a securities transaction tax (STT) and evaluates the pros and cons based on a review of empirical evidence concerning the impact of STTs on equity and futures markets (i.e., trading volume, bid-ask spreads, and price volatility) and market efficiency in various countries. I find that an STT would likely reduce trading volume and increase trading cost, but may not reduce price volatility. The size of potential STT revenue depends on the STT's impact on market activity. A sizable STT on futures and equity markets would not only fail to generate the expected tax revenue, it would also likely hurt the international competitiveness of US equity and futures markets.
Download or read book Financial Transactions Taxes written by Mr.Parthasarathi Shome and published by International Monetary Fund. This book was released on 1995-08 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial transactions taxes have recently gained attention as a possible means to influence the behavior of financial markets and to reduce destabilizing capital flows. One variation is a tax on all foreign currency conversions, often termed a “Tobin tax.” This paper suggests that these taxes would probably not produce the desired effects and would be difficult to design and implement. It is unclear that the possible advantages in reducing some short-term speculative trading would outweigh the possible disadvantages in impairing the efficiency of financial markets. From an administrative perspective, without a broad international consensus and application, these taxes are likely to be easily avoided.
Download or read book Securities Transaction Taxes written by R. Glenn Hubbard and published by . This book was released on 1993 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Background on Commodity Tax Straddles and Explanation of S 626 written by United States. Congress. Joint Committee on Taxation and published by . This book was released on 1981 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Securities Transaction Taxes written by Catalyst Institute and published by Irwin Professional Publishing. This book was released on 1994 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: You'll gain an understanding of all sides of this public policy debate - implementation issues, global concerns, and more - that will help you to gage the soundness of current arguments for and against STTs and to come to your own conclusions about their effectiveness.
Download or read book Green s 2021 Trader Tax Guide written by Robert A. Green and published by . This book was released on 2021-01-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Use Green's 2021 Trader Tax Guide to receive every trader tax break you're entitled to on your 2020 tax returns. Our 2021 guide covers the 2017 Tax Cuts and Jobs Act and the 2020 CARES Act's impact on investors, traders, and investment managers. Learn various smart moves to make in 2021. Whether you self-prepare your tax returns or engage a CPA firm, this guide can help you through the process of optimizing your tax savings. Even though it may be too late for some tax breaks on 2020 tax returns, you can still use this guide to execute these tax strategies and elections for tax-year 2021.The 18 chapters cover trader tax status, Section 475 MTM, tax treatment (equities, 1256 contracts, options, ETFs, ETNs, forex, precious metals, cryptocurrencies, etc.), accounting for trading gains and losses, trading business expenses, tips for preparing tax returns, tax planning, entity solutions, retirement plan strategies, IRS and state tax controversy, traders in tax court, proprietary trading, investment management, international tax, Obamacare taxes, short selling, the Tax Cuts and Jobs Act, and the CARES Act.
Download or read book Self employment Tax written by and published by . This book was released on 1988 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Aspects of Commodity and Financial Futures Transactions written by Geoffrey C. Pink and published by MICHIE. This book was released on 1985 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing International Treasury Transactions written by John I. Tiner and published by Prentice Hall. This book was released on 1989 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
