Narrow search
Showing 1 - 10 of 154
Cover Image
Are "Real" Responses to Taxes Simply Income Shifting between Corporate and Personal Tax Bases?
Gordon, Roger H.; Slemrod, Joel B. - 2021
Two well-noted phenomena of recent decades are the increasing concentration of personal income and the declining rate of corporate profitability. This paper investigates to what extent these two trends have a common explanation extent these two trends have a common explanation-shifting of income...
Persistent link: https://www.econbiz.de/10013222906
Cover Image
Bank-Tax Conformity for Corporate Income : An Introduction to the Issues
Hanlon, Michelle - 2010
This paper discusses the issues surrounding the proposals to conform financial accounting income and taxable income …. The two incomes diverged in the late 1990s with financial accounting income becoming increasingly greater than taxable … of earnings management for financial accounting and/or the tax sheltering of corporate income. Our paper outlines the …
Persistent link: https://www.econbiz.de/10012762515
Cover Image
Dodging the Taxman : Firm Misreporting and Limits to Tax Enforcement
Carrillo, Paul E. - 2014
Reducing tax evasion is a key priority for many governments, particularly in developing countries. A growing literature has argued that the ability to verify taxpayer self-reports against reports from third parties is critical for modern tax enforcement and the growth of state capacity. However,...
Persistent link: https://www.econbiz.de/10013044977
Cover Image
Cross-Country Comparisons of Corporate Income Taxes
Markle, Kevin - 2011
To our knowledge, this paper provides the most comprehensive analysis of firm-level corporate income taxes to date. We use publicly available financial statement information for 11,602 public corporations from 82 countries from 1988 to 2009 to estimate country-level effective tax rates (ETRs)....
Persistent link: https://www.econbiz.de/10013129120
Cover Image
Understanding Investment Incentives Under Parallel Tax Systems : an Application to the Alternative Minimum Tax
Lyon, Andrew B. - 2011
The first section of this paper introduces the topic. The next section shows that many parallel tax systems share common features and constructs a general model of the cost of capital based on the Hall-Jorgenson (1967) cost of capital formula. Section 3 presents conditions under which a parallel...
Persistent link: https://www.econbiz.de/10013132062
Cover Image
Corporate Taxes and Incentives and the Structure of Production : a Selected Survey
Bernstein, Jeffrey I. - 2010
In this paper we develop a general intertemporal model of production, emphasizing the role of present and expected future corporate income taxes, credits and allowances along with costly adjustment and variable utilization of the quasi-fixed factors. Three specific issues are considered: 1) the...
Persistent link: https://www.econbiz.de/10013140072
Cover Image
What Does the Corporate Income Tax Tax? A Simple Model Without Capital
Kotlikoff, Laurence J. - 2010
The economics workings of the corporate income tax remain controversial. Harberger's seminal 1962 article viewed the tax as raising the cost of capital used to produce corporate goods. But corporate goods can be and generally are made by non-corporate firms, suggesting that the corporate tax...
Persistent link: https://www.econbiz.de/10013140993
Cover Image
How Would EU Corporate Tax Reform Affect Us Investment in Europe?
Devereux, Michael P. - 2011
This paper examines the likely impact of a proposed formula apportionment system for corporation tax in the EU on the inbound investment of US multinational companies. We pay attention to tax planning strategies that may be employed by US multinationals and investigate whether effective tax...
Persistent link: https://www.econbiz.de/10013118758
Cover Image
Separating the Opposing Effects of Bilateral Tax Treaties
Blonigen, Bruce A. - 2011
Bilateral tax treaties (BTT) are intended to promote foreign direct investment and foreign affiliate activity through double taxation relief. However, BTTs also typically contain provisions that facilitate sharing of tax information between countries intended to curtail tax avoidance by...
Persistent link: https://www.econbiz.de/10013119782
Cover Image
Payout Taxes and the Allocation of Investment
Becker, Bo - 2011
When corporate payout is taxed, internal equity (retained earnings) is cheaper than external equity (share issues). High taxes will favor firms who can finance internally. If there are no perfect substitutes for equity finance, payout taxes may thus change the investment behavior of firms. Using...
Persistent link: https://www.econbiz.de/10013119783