Author: John B. ShovenPublisher:
ISBN:
Category :
Languages : en
Pages : 42
Book Description
The Japanese Tax Reform and the Effective Rate of Tax on Japanese Corporate Investments
Author: John B. ShovenThe japanese tax reform and the effective rate of tax on japanese corporate investments
Author: Jhon B. ShovenThe Japanese Tax Reform and the Effective Rate of Tax on Japanese Corporate Investments
Author: Japanese Corporate Tax Policy and Direct Investment Abroad
Author: Yasushi IwamotoPublisher:
ISBN:
Category : Capital levy
Languages : en
Pages : 28
Book Description
Thejapanese Reform and the Effective Rate of Tax on Japanese Corporate Investments
Author: John B. ShovenJapan’s Corporate Income Tax
Author: Ruud A. de MooijPublisher: International Monetary Fund
ISBN: 149830009X
Category : Business & Economics
Languages : en
Pages : 44
Book Description
This paper explores how corporate income tax reform can help Japan increase investment and boost potential growth. Using international and Japan-specific empirical estimates of corporate tax elasticities, investment is predicted to expand by around 0.4 percent for each point of rate reduction. International consensus estimates suggest further that between 10 and 30 percent of the static revenue loss could be recovered in the long run through dynamic scoring, although Japan’s offset may be closer to the lower bound. Compensating fiscal measures are necessary in light of Japan’s tight fiscal constraints. The scope for base broadening in the corporate income tax is found to be limited and some forms of base broadening will undo positive investment effects of a rate cut. Alternative revenue sources include higher consumption and property taxes. A gradual approach toward lowering tax rates mitigates windfall gains and reduces short-run revenue costs. An incremental allowance-for-corporate-equity system could boost investment with limited fiscal costs in the short run.
The Japanese Tax System
Author: Hiromitsu IshiPublisher: Oxford University Press
ISBN: 0199242569
Category : Business & Economics
Languages : en
Pages : 454
Book Description
This book provides English-speakers with a comprehensive description and incisive critique of the Japanese tax system. The third edition explores the Japanese government's latest round of tax reforms - a reaction to the country's prolonged period of recession following the collapse of the 'bubble' phenomenon in 1991. Two brand new chapters discuss the effect of environmental taxes and land tax reform, and much of the original data and empirical material has been updated.
Tax Reform in the United States and Japan
Author: Publisher:
ISBN:
Category : Comparative economics
Languages : en
Pages : 168
Book Description
The Japanese Tax Reform
Author: Toshiaki TachibanakiPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 48
Book Description
Efficiency, equity (fairness), and simplicity are three key words in characterizing the principles of proposed tax reforms in many countries. The internationalization of the financial market through capital mobility among the industrial countries is a recent phenomenon and it is possible that the effect of domestic tax reform is dictated by international capital flows. The purpose of this paper is to examine whether the tax reform proposed recently in Japan satisfies the above principles, in particular, efficiency and equity, and to investigate the effects not only on the real economy in Japan, but also on capital outflows from Japan to abroad. Also, the aging problem is examined briefly.
The Taxation of Multinational Corporations
Author: Joel SlemrodPublisher: Springer Science & Business Media
ISBN: 9400918186
Category : Business & Economics
Languages : en
Pages : 158
Book Description
The six papers in this vohune represent state-of-the-art empirical and conceptual research on various aspects of the taxation of multinational corporations. They were commissioned for and presented at a conference organized by Price Waterhouse LLP on behalf of the International Tax Policy Forum, held in Washington, DC in March, 1994. The ftrst four papers were originally published in the May, 1995 issue of International Tax and Public Finance. The Slemrod paper appeared in the Policy Watch Section of the November, 1995 issue of that journal. The foregoing papers were subject to the normal refereeing procedures of the journal, and the summaries that follow are drawn from there. The Leamer paper has not been previously published. Altshuler and Mintz examine one aspect of the 1986 u. s. Tax Reform Act --the change in the rules for the allocation of interest expense between domestic-(U. S. ) and foreign-source income. In the absence of rules, a parent with excess credits could reduce U. S. tax liability by allocating interest expense toward itself; thus reducing its taxable domestic income without any compensating increase in either the U. S. tax due on foreign-source income or the foreign tax due (which is independent of U. S. rules).