Company tax scenario
... company tax in the overall tax mix. By comparison, MEBs are 18 to 41 per cent for personal income tax, depending on the nature of the change to the rate scale, 10 to 18 per cent for GST and 24 to 37 per cent for payroll tax, depending in both cases on whether the base or rate is varied. A related st ...
... company tax in the overall tax mix. By comparison, MEBs are 18 to 41 per cent for personal income tax, depending on the nature of the change to the rate scale, 10 to 18 per cent for GST and 24 to 37 per cent for payroll tax, depending in both cases on whether the base or rate is varied. A related st ...
Paying Taxes 2007
... tax payments. Norway collects 46% of companies’ gross profit using three taxes filed electronically. In contrast, it takes 16 taxes and 59 interactions with the tax authorities to collect 53% of gross profit in the Philippines. In Ukraine it takes 98 payments and 2,185 hours a year, compared with on ...
... tax payments. Norway collects 46% of companies’ gross profit using three taxes filed electronically. In contrast, it takes 16 taxes and 59 interactions with the tax authorities to collect 53% of gross profit in the Philippines. In Ukraine it takes 98 payments and 2,185 hours a year, compared with on ...
Paying Taxes The global picture
... tax payments. Norway collects 46% of companies’ gross profit using three taxes filed electronically. In contrast, it takes 16 taxes and 59 interactions with the tax authorities to collect 53% of gross profit in the Philippines. In Ukraine it takes 98 payments and 2,185 hours a year, compared with on ...
... tax payments. Norway collects 46% of companies’ gross profit using three taxes filed electronically. In contrast, it takes 16 taxes and 59 interactions with the tax authorities to collect 53% of gross profit in the Philippines. In Ukraine it takes 98 payments and 2,185 hours a year, compared with on ...
Realising Our Full Potential: Tax Directions for a Transitioning
... generates a substantial part of Australia’s overall wealth. Collectively, more than 10 million Australians work in small, medium and large businesses. So the business community has a significant understanding of what will drive economic growth and the creation of rewarding jobs. We know the kind of ...
... generates a substantial part of Australia’s overall wealth. Collectively, more than 10 million Australians work in small, medium and large businesses. So the business community has a significant understanding of what will drive economic growth and the creation of rewarding jobs. We know the kind of ...
Tax Competition in the Eurozone Capital Mobility, Agglomeration
... The first theory developed in this research field was the competition theory. This theory argues that countries enter a “race to the bottom” in capital taxation to attract investments.5 Lindblom (1977) laid the foundations of this theory, arguing that governments depend on productive investments. Pr ...
... The first theory developed in this research field was the competition theory. This theory argues that countries enter a “race to the bottom” in capital taxation to attract investments.5 Lindblom (1977) laid the foundations of this theory, arguing that governments depend on productive investments. Pr ...
Taxing corporate income - University of California, Berkeley
... relationship with the personal tax system. This can be thought of in two dimensions. First, some businesses have a choice with respect to the system under which they are taxed, for example in the UK whether they incorporate or whether the owner of the business is registered as self-employed and taxe ...
... relationship with the personal tax system. This can be thought of in two dimensions. First, some businesses have a choice with respect to the system under which they are taxed, for example in the UK whether they incorporate or whether the owner of the business is registered as self-employed and taxe ...
Corporate Tax Harmonisation in Europe
... forms of tax competition. The Code does not cover corporate income tax rates or general aspects of corporate income tax bases. In practice, it seems to be mainly directed at the proliferation of ‘special regimes’ for selected business activities, particularly those related to financial centres and o ...
... forms of tax competition. The Code does not cover corporate income tax rates or general aspects of corporate income tax bases. In practice, it seems to be mainly directed at the proliferation of ‘special regimes’ for selected business activities, particularly those related to financial centres and o ...
XBRL and Tax Authority Adoption
... Information exchange with international workgroups and other jurisdictions focusing on this issue ...
... Information exchange with international workgroups and other jurisdictions focusing on this issue ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: Taxation in the Global Economy
... using this concept have applied it only to investments financed domestically. A major purpose of this study is to extend the methodology to analyze cross-border investments. This paper also presents some results on how the tax systems in Japan and the United States have interacted over the period 19 ...
... using this concept have applied it only to investments financed domestically. A major purpose of this study is to extend the methodology to analyze cross-border investments. This paper also presents some results on how the tax systems in Japan and the United States have interacted over the period 19 ...
otherwise at anything less than the best possible price it can
... A: We assume that the five year period applied commences from 2009 financial year and ended during the 2013 financial year. This five year period commenced with the world economic recession and vari ...
... A: We assume that the five year period applied commences from 2009 financial year and ended during the 2013 financial year. This five year period commenced with the world economic recession and vari ...
NSE REITs Conference
... If a company wants to receive REIT status, it must be listed as a REIT on the JSE. The JSE has certain requirements for listing as well as additional requirements that must be met in order to achieve REIT status. These include, but are not limited to: (i) own property worth at least 300 South Africa ...
... If a company wants to receive REIT status, it must be listed as a REIT on the JSE. The JSE has certain requirements for listing as well as additional requirements that must be met in order to achieve REIT status. These include, but are not limited to: (i) own property worth at least 300 South Africa ...
Argentina. Are Vertical Transfers Deteriorating Sub
... politicians to deliver better public services and sound fiscal policies may be undermined not only by the size of the vertical imbalance but also by its composition (i.e. unlike automatic transfers, discretionary transfers provide the federal government with an instrument to influence sub-national ...
... politicians to deliver better public services and sound fiscal policies may be undermined not only by the size of the vertical imbalance but also by its composition (i.e. unlike automatic transfers, discretionary transfers provide the federal government with an instrument to influence sub-national ...
What would be the economic impact of the proposed financial
... close to 100%, including for any intermediate transactions that are induced by the investor’s own initial transaction (‘cascading transactions’). This would suggest that it will ultimately be investors and companies that pay the tax, not traders. The burden of the tax will be shared between end-inve ...
... close to 100%, including for any intermediate transactions that are induced by the investor’s own initial transaction (‘cascading transactions’). This would suggest that it will ultimately be investors and companies that pay the tax, not traders. The burden of the tax will be shared between end-inve ...
full text pdf
... OECD encourages such implementations in its recent action plan against base erosion and profit shifting (OECD (2013, action 4)). Germany is a case in point and has more than 20 years of experience with thin-capitalization rules. Discussing Germany thoroughly as a special case is of interest because ...
... OECD encourages such implementations in its recent action plan against base erosion and profit shifting (OECD (2013, action 4)). Germany is a case in point and has more than 20 years of experience with thin-capitalization rules. Discussing Germany thoroughly as a special case is of interest because ...
Investment Guide - Botswana
... African Banking Corporation of Botswana Limited (trading as “Banc ABC”), Bank Gaborone Limited, Bank of Baroda (Botswana) Limited, Bank of India (Botswana) Limited, Barclays Bank of Botswana Limited, Capital Bank Limited, First National Bank of Botswana Limited, Kingdom Bank Africa Limited, Stanbic ...
... African Banking Corporation of Botswana Limited (trading as “Banc ABC”), Bank Gaborone Limited, Bank of Baroda (Botswana) Limited, Bank of India (Botswana) Limited, Barclays Bank of Botswana Limited, Capital Bank Limited, First National Bank of Botswana Limited, Kingdom Bank Africa Limited, Stanbic ...
TAX SYSTEMS IN EUROPEAN UNION COUNTRIES
... region that provides the fiscal package – in particular the provision of public goods and the associated tax burden – best suited to their needs. The greater exposure to international competition also provides strong incentives for governments to raise public sector efficiency and may yield a double ...
... region that provides the fiscal package – in particular the provision of public goods and the associated tax burden – best suited to their needs. The greater exposure to international competition also provides strong incentives for governments to raise public sector efficiency and may yield a double ...
The Effect of Dividend Tax Relief on Investment Incentives
... which the company may deduct interest payments, to finance their activities. This may make corporate capital structures too rigid and too vulnerable to bankruptcy and financial distress. In addition, by distinguishing between dividends, taxed as ordinary income, and retained earnings and share repur ...
... which the company may deduct interest payments, to finance their activities. This may make corporate capital structures too rigid and too vulnerable to bankruptcy and financial distress. In addition, by distinguishing between dividends, taxed as ordinary income, and retained earnings and share repur ...
On the Disparity between Corporate Profits and Economic Growth
... the United States. These wealth effects can impact components of economic growth (e.g., consumption) resulting in higher growth of the overall economy (Poterba 2000). Therefore, it is an empirical question whether the U.S. tax regime can impact the relation between growth in corporate profits and ov ...
... the United States. These wealth effects can impact components of economic growth (e.g., consumption) resulting in higher growth of the overall economy (Poterba 2000). Therefore, it is an empirical question whether the U.S. tax regime can impact the relation between growth in corporate profits and ov ...
PDF Download
... In their survey on tax compliance, Andreoni, Erard and Feinstein (1998) report that deterrence matters for tax evasion, but that the reported effects are rather small. Blackwell (2009) finds strong deterrence effects of fines and audits in experimental tax evasion. There is, however, little evidence ...
... In their survey on tax compliance, Andreoni, Erard and Feinstein (1998) report that deterrence matters for tax evasion, but that the reported effects are rather small. Blackwell (2009) finds strong deterrence effects of fines and audits in experimental tax evasion. There is, however, little evidence ...
A Cross-Country Analysis
... We examine how effective tax rates changed over time for three groups of countries: all, OECD countries, and non-OECD countries. Since our data is an unbalanced panel, we cannot use a simple average of estimated ETR, and need to control for missing values. Using country-level data, we run simple reg ...
... We examine how effective tax rates changed over time for three groups of countries: all, OECD countries, and non-OECD countries. Since our data is an unbalanced panel, we cannot use a simple average of estimated ETR, and need to control for missing values. Using country-level data, we run simple reg ...
trade liberalization and tax reforms in cape verde
... scope for increased government revenue, as long as there are channels through which the gains from trade can be transferred to the government. In other words, for Cape Verde, a sustainable and efficient domestic tax system is one of the factors that could ensure the success of the EPAs. In many way ...
... scope for increased government revenue, as long as there are channels through which the gains from trade can be transferred to the government. In other words, for Cape Verde, a sustainable and efficient domestic tax system is one of the factors that could ensure the success of the EPAs. In many way ...
PART ONE - the United Nations
... A major goal of bilateral tax treaties is to remove impediments to international trade and investment by reducing the threat of double taxation that can occur when both Contracting States impose tax on the same income. This goal is advanced in four distinct ways. First, a bilateral tax treaty genera ...
... A major goal of bilateral tax treaties is to remove impediments to international trade and investment by reducing the threat of double taxation that can occur when both Contracting States impose tax on the same income. This goal is advanced in four distinct ways. First, a bilateral tax treaty genera ...
Liquidity, Investor-Level Tax Rates, and Expected Rates of
... that investors take into consideration the e¤ect of their demand on price. Speci…cally, and following Kyle (1989) and Lambert et al. (2012), we characterize imperfect competition as the self-sustaining belief by each investor that he faces an upwardly-sloping price curve for …rm shares. In particula ...
... that investors take into consideration the e¤ect of their demand on price. Speci…cally, and following Kyle (1989) and Lambert et al. (2012), we characterize imperfect competition as the self-sustaining belief by each investor that he faces an upwardly-sloping price curve for …rm shares. In particula ...
EvAluATiON Of ThEOrETiCAl ANd EMPiriCAl rESEArChES ON
... increased dramatically over the last 20 years. As a consequence, the amount of crossborder transactions concluded between related parties exceeded 50% of all international trade. The tax rates and tax accounting principles are different in various countries; therefore, multinational companies often ...
... increased dramatically over the last 20 years. As a consequence, the amount of crossborder transactions concluded between related parties exceeded 50% of all international trade. The tax rates and tax accounting principles are different in various countries; therefore, multinational companies often ...
Luxembourg Leaks
Luxembourg Leaks (sometimes shortened to Lux Leaks or LuxLeaks) is the name of a financial scandal revealed in November 2014 by a journalistic investigation conducted by the International Consortium of Investigative Journalists. It is based on confidential information about Luxembourg’s tax rulings set up by PricewaterhouseCoopers from 2002 to 2010 to the benefits of its clients. This investigation resulted in making available to the public tax rulings for over three hundred multinational companies in Luxembourg.The LuxLeaks' disclosures attracted international attention and comment about tax avoidance schemes in Luxembourg and elsewhere. This scandal contributed to the implementation of measures aiming at reducing tax dumping and regulating tax avoidance schemes beneficial to multinational companies.The judicial aspects of this case concerns the persons charged by Luxembourg justice for participating in the revelations.