This case was an adapted version of a tax case heard in U.S. Federal District Court and the US Court of Appeals. The case involved a partnership set-up by a large US corporation with its own subsidiaries as managing partners and foreign partners as outside investors. The formation of the...

This paper considers possible tax implications of the merger between a wholly-owned subsidiary of Domestic Co, Inc. and International Co, Ltd, which took place on November 10, 2008. Even though the merger is structured in a way that it will most likely be respected as a tax-free reorganization...

Nel 1997 un intervento di politica economica regionale, legittimato da una specifica normativa nazionale, cercò di riassorbire l’elevato flusso di consumatori del Friuli Venezia Giulia (FVG) che si recavano in Slovenia per fare rifornimento di carburante. Tale manovra introdusse un meccanismo...

Following a Law and Economics methodology, the paper analyses the economic and empirical effects of the laws, which support the intervention of firms and private individuals in favour of the Arts, starting from the most traditional way that is identified with Maecenatism. Strengths and...

The difficult period which Romania crosses as of 2008 determined the public authorities to adopt new fiscal measures with the purpose, among other, to collect more revenue to the state budget. However, these regulations (mainly those concerning the lump sum tax and the minimal tax) had a strong...

Das Bestehen am Markt wurde in der Vergangenheit zunehmend in Abhängigkeit vom Wachstum durch Unternehmenszusammenschlüsse im weitesten Sinne gesehen. Selbst wenn Größe als das Ergebnis der Zusammenschlüsse als solche nicht mehr das Ziel ist, wird das Nutzen von Synergieeffekten zur...

The paper considers several approaches to the measurement of firmsÕ tax burden in order to identify significant indicators for the banking sector. It also analyses features of tax provisions which are peculiar to the Italian system. On these bases, it looks at measures affecting the tax burden...

This paper focuses on the increase in slack costs due to municipality amalgamation, which is pushed forward in several countries to achieve economies of scale. Employing the stochastic frontier cost function to estimate the inefficiency of local public expenditure due to slack, this study...

This paper studies the short-run macroeconomic effects of legislated tax changes in Germany using a vector autoregression (VAR) approach. Identification of the tax shock follows the narrative approach recently proposed by Romer and Romer (2010). Results indicate a moderate, but statistically...

The basic deterrence model of tax evasion is described, its main predictions are derived and limitations and flexibility are outlined. Further, the model is interpreted in light of some key institutional features characterising tax enforcement in OECD countries. Throughout the survey, findings...