Author: Dr. Brian WrightPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 190
Book Description
An Empirical Investigation of the Factors Influencing Corporate Tax Burdens
Author: Dr. Brian WrightPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 190
Book Description
An Empirical Investigation of Factors Influencing Corporate Tax-motivated Income Shifting
Author: Toby StockAn Empirical Investigation of Factors Affecting Corporate Tax Compliance Behavior
Author: Cassie Francis BradleyPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 256
Book Description
Corporate Income Taxes and Labor
Author: Andrew HansonPublisher:
ISBN:
Category :
Languages : en
Pages : 13
Book Description
With the highest top marginal corporate tax rate among OECD nations and the third-highest in the world at 35 percent, it is not surprising that policymakers have long evinced a desire to lower the U.S. federal corporate income tax rate. Reducing the corporate income tax rate has implications for a wide-range of outcomes - from federal revenues to foreign direct investment, but the effects of such a change on workers is less understood. This paper examines the empirical literature on the effect of corporate income taxes on labor, specifically on employment and worker incomes. In general, empirical work with the most robust results and controlling for factors of influence outside of corporate income taxes generally have an elasticity of employment with respect to the corporate income tax rate of between -0.2 and -0.4, with a wage/income elasticity near -0.5. In the context of recent tax reform discussions that propose a rate reduction between 30% to 57%, that would imply employment gains between 6% to 22% and wage increases between 15% to 28%.
An Empirical Investigation of Factors Affecting Corporate Tax Avoidance Strategies for Public Listed Companies in Malaysia
Author: Zaimah Zainol AriffinPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 266
Book Description
Tax Policy and the Economy
Author: The Rise in Corporate Saving and Cash Holding in Advanced Economies: Aggregate and Firm Level Trends
Author: Mai Chi DaoPublisher: International Monetary Fund
ISBN: 148438539X
Category : Business & Economics
Languages : en
Pages : 64
Book Description
Using cross-country national accounts and firm-level data, we document a broad-based trend in rising gross saving and net lending of non-financial corporates across major industrialized countries over the last two decades, though most pronounced in countries with persistent current account surpluses. We find that this trend holds consistently across major industries, and is concentrated among large firms, driven by rising profitability, lower financing costs, and reduced tax rates. At the same time, higher gross corporate saving have not supported a commensurate increase in fixed capital investment, but instead led to a build-up of liquid financial assets (cash). The determinants of corporate cash holding and saving are also broad-based across countries, with the growth in assets of large firms, R&D intensity, and lower effective tax rates accounting for most of the increase over the last 15 years.
Tax Reform in the 21st Century
Author: John G. HeadPublisher: Kluwer Law International B.V.
ISBN: 9041128298
Category : Law
Languages : en
Pages : 578
Book Description
No government can be sustained without the ability to tax its citizens. The question then arises how can a nation do so in a way that's fair and equitable to taxpayers while simultaneously promoting economic growth and providing the state with the funds it needs to adequately address the needs of its citizens? This insightful work, featuring contributions from a stellar array of international tax experts and economists, addresses the crucial, relevant issues which developed countries will confront in the early decades of the 21st century: The pursuit of tax reform. Personal tax base: income or consumption? Tax rate scale: equity and efficiency aspects. Business tax reform: structural and design issues. Interjurisdictional issues. Controlling tax avoidance.
Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
Author: Khaled ElbagoryPublisher: Springer Nature
ISBN: 9464634081
Category :
Languages : en
Pages : 725
Book Description
A Firm Lower Bound: Characteristics and Impact of Corporate Minimum Taxation
Author: Aqib AslamPublisher: International Monetary Fund
ISBN: 1513561073
Category : Business & Economics
Languages : en
Pages : 50
Book Description
This paper examines the role of minimum taxes and attempts to quantify their impact on economic activity. Minimum taxes can be effective at shoring up the corporate tax base and enhancing the perceived equity of the tax system, potentially motivating broader taxpayer compliance. Where political and administrative constraints prevent reforms to the standard corporate income tax, a minimum tax can help mitigate base erosion from excessive tax incentives and avoidance. Using a new panel dataset that catalogues changes in minimum tax regimes over time around the world, firm-level analysis suggests that the introduction or reform of a minimum tax is associated with an increase in the average effective tax rate of just over 1.5 percentage points with respect to turnover and of around 10 percent with respect to operating income. Minimum taxes based on modified corporate income lead to the largest increases in effective tax rates, followed by those based on assets and turnover.