Foreign currency assets and chargeable gains
... There is an exception for investment companies which have made a designated currency election. These companies will be required to use their designated currency if the designated currency is the functional currency the company would have had if it was a standalone entity. If the designated currency ...
... There is an exception for investment companies which have made a designated currency election. These companies will be required to use their designated currency if the designated currency is the functional currency the company would have had if it was a standalone entity. If the designated currency ...
NBER WORKING PAPER SERIES SUSTAINABILITY AND THE MEASUREMENT OF WEALTH Partha Dasgupta
... the tragedy of the commons) an asset's shadow price can be negative even when its market price is positive. 4 At any date an asset's shadow price is a function of the stocks of all assets. Moreover, the price today depends not only on the economy today, but on the entire future of the economy. So, ...
... the tragedy of the commons) an asset's shadow price can be negative even when its market price is positive. 4 At any date an asset's shadow price is a function of the stocks of all assets. Moreover, the price today depends not only on the economy today, but on the entire future of the economy. So, ...
PDF
... 3 A necessary distinction: decay, discards and depreciation As mentioned above we are carefully distinguishing between decay, discards and depreciation. Decay is the loss of productive capacity that affects each individual machine while in use. A one year old tractor will require less repair and per ...
... 3 A necessary distinction: decay, discards and depreciation As mentioned above we are carefully distinguishing between decay, discards and depreciation. Decay is the loss of productive capacity that affects each individual machine while in use. A one year old tractor will require less repair and per ...
Dividends and Shareholder Taxes: Evidence from Tax Reform
... also important and may behave much differently than discrete dividend-changing events. Hence the second part of the analysis focuses on the regular dividend payments themselves, which are dominated by a small number of large payers. I find some evidence, using fixed effect models to capture the persiste ...
... also important and may behave much differently than discrete dividend-changing events. Hence the second part of the analysis focuses on the regular dividend payments themselves, which are dominated by a small number of large payers. I find some evidence, using fixed effect models to capture the persiste ...
Reconsidering the Taxation of Foreign Income
... Capital export neutrality (CEN) as defined by Musgrave is the criterion that an investor's capital income is taxed at the same total rate wherever the income is earned. The idea behind CEN is that equal taxation of income earned in different locations effectively removes location-based tax incentive ...
... Capital export neutrality (CEN) as defined by Musgrave is the criterion that an investor's capital income is taxed at the same total rate wherever the income is earned. The idea behind CEN is that equal taxation of income earned in different locations effectively removes location-based tax incentive ...
A Theory of Development and Long Run Growth
... different growth rates. The country with the larger endowment of human capital will grow the fastest initially. However, as it accumulates physical capital, the marginal product of its physical capital falls and output growth slows. In comparison, the country with the larger endowment of physical ca ...
... different growth rates. The country with the larger endowment of human capital will grow the fastest initially. However, as it accumulates physical capital, the marginal product of its physical capital falls and output growth slows. In comparison, the country with the larger endowment of physical ca ...
BCAS 21: Capital Budgeting
... make some attempt to consider the cash flows over the entire project life. The accounting rate of return is computed by dividing the average incremental income by the average investment level. Because the accounting rate of return criterion does not systematically consider the timing of cash flows o ...
... make some attempt to consider the cash flows over the entire project life. The accounting rate of return is computed by dividing the average incremental income by the average investment level. Because the accounting rate of return criterion does not systematically consider the timing of cash flows o ...
Obstfeld Working Paper No. 1692
... international capital mobility can in fact be made from the tests. The pres ence of default risk indicates t hat the reasoning leading to (3) or (5) is not valid when ap plied to Eur ocurrency rates. The use ...
... international capital mobility can in fact be made from the tests. The pres ence of default risk indicates t hat the reasoning leading to (3) or (5) is not valid when ap plied to Eur ocurrency rates. The use ...
capital budgeting practices: evidence from sri lankan listed companies
... column indicates the number of respondents’ preference significance for each capital budgeting technique. Each significance of preference as a percentage to total number of respondents is given under parenthesis. The last column of the table indicates the number of responses on techniques that were ...
... column indicates the number of respondents’ preference significance for each capital budgeting technique. Each significance of preference as a percentage to total number of respondents is given under parenthesis. The last column of the table indicates the number of responses on techniques that were ...
The Effect of Capital Controls on Interest Rate Differentials
... on interest differentials explicitly considering that investors’ entry and exit decisions —and hence their investment horizon— are contingent on the state of the economy and part of a dynamic optimization process that takes into account entry and exit costs as well as the stochastic process followe ...
... on interest differentials explicitly considering that investors’ entry and exit decisions —and hence their investment horizon— are contingent on the state of the economy and part of a dynamic optimization process that takes into account entry and exit costs as well as the stochastic process followe ...
Profits, Redistribution of Income and Dynamic Efficiency
... the mid-2000s the investment rate overtakes marginal capital productivity; however, after the recession the investment rate drops below marginal capital productivity. These results are robust to a possibly unobserved capital stock, decreasing returns to scale, the tax treatment of capital and debt, ...
... the mid-2000s the investment rate overtakes marginal capital productivity; however, after the recession the investment rate drops below marginal capital productivity. These results are robust to a possibly unobserved capital stock, decreasing returns to scale, the tax treatment of capital and debt, ...
Appetite for co-investment opportunities has never been greater
... organized by the sponsor of the primary fund to participate in one or more co-investment opportunities. LPs are seeking sidecar investment opportunities for several reasons. First, these opportunities can improve net investment returns to the LPs who participate in the sidecar because the economic t ...
... organized by the sponsor of the primary fund to participate in one or more co-investment opportunities. LPs are seeking sidecar investment opportunities for several reasons. First, these opportunities can improve net investment returns to the LPs who participate in the sidecar because the economic t ...
Who Owns Human Capital?
... The maximum capital gains rate is 20 percent; the maximum rate on ordinary income is 39.6 percent on ordinary income. I.R.C. § 1 (2012). These maximum rates do not include ACA surtaxes. The capital gains rate is applicable to long term capital gains and dividends. Other forms of income from capital, ...
... The maximum capital gains rate is 20 percent; the maximum rate on ordinary income is 39.6 percent on ordinary income. I.R.C. § 1 (2012). These maximum rates do not include ACA surtaxes. The capital gains rate is applicable to long term capital gains and dividends. Other forms of income from capital, ...
How to Read Your Form 1099-B
... What if my single redemption included shares I held long term and shares I held short term? For 2013, any mutual fund share sales/redemptions for which cost basis reporting is required could result in either a short-term capital gain or loss or a long-term capital gain or loss. Under IRS rules, shor ...
... What if my single redemption included shares I held long term and shares I held short term? For 2013, any mutual fund share sales/redemptions for which cost basis reporting is required could result in either a short-term capital gain or loss or a long-term capital gain or loss. Under IRS rules, shor ...
Determinants of TOEFL Score: A Comparison of Linguistic
... Notes: Estimates are made with Blundell-Bond (1998)'s two-step system GMM. Shown in parentheses are standard errors. ***, **, and * denote one, five, and ten percent level of significance, respectively. The results for the period 1980-2009 are taken from Tables 1, 2, and 3, while those for the perio ...
... Notes: Estimates are made with Blundell-Bond (1998)'s two-step system GMM. Shown in parentheses are standard errors. ***, **, and * denote one, five, and ten percent level of significance, respectively. The results for the period 1980-2009 are taken from Tables 1, 2, and 3, while those for the perio ...
Jeffrey
... R&D capital. Therefore, the model illustrates that R&D investment does not displace labor, w'ich is a result contrary to the viewpoint of many. In addition, we are abie to explain the empirically observed direct relationship between the physical capital utilization and growth rates of output. This p ...
... R&D capital. Therefore, the model illustrates that R&D investment does not displace labor, w'ich is a result contrary to the viewpoint of many. In addition, we are abie to explain the empirically observed direct relationship between the physical capital utilization and growth rates of output. This p ...
mmi05 waelde 2872674 en
... fluctuations, fluctuations are e!cient, with endogenous fluctuations, they are not. From a more positive (and not normative) perspective, understanding and explaining the eects of fiscal policy has a long tradition as well. Greenwood and Human (1991) find, following a RBC-type calibration approach, tha ...
... fluctuations, fluctuations are e!cient, with endogenous fluctuations, they are not. From a more positive (and not normative) perspective, understanding and explaining the eects of fiscal policy has a long tradition as well. Greenwood and Human (1991) find, following a RBC-type calibration approach, tha ...
Choosing between the UN and OECD Tax Policy Models: an African
... experts’ preference for residence taxation (Graetz and O’Hear, 1997), supporting neither the source nor the residence principle completely, though the bias was towards greater taxing rights for capital exporting nations (Wang, 1945). The initial draft treaties developed by the technical experts prov ...
... experts’ preference for residence taxation (Graetz and O’Hear, 1997), supporting neither the source nor the residence principle completely, though the bias was towards greater taxing rights for capital exporting nations (Wang, 1945). The initial draft treaties developed by the technical experts prov ...
How Fast do Personal Computers Depreciate?
... Depreciation and revaluation are important elements of the user cost of capital, which measures the implicit cost of using a capital good for a given period of time. The user cost is the equivalent of the “wage rate” for capital, and as such, it plays a key role in a wide range of economic analyses, ...
... Depreciation and revaluation are important elements of the user cost of capital, which measures the implicit cost of using a capital good for a given period of time. The user cost is the equivalent of the “wage rate” for capital, and as such, it plays a key role in a wide range of economic analyses, ...
Qualified Small Business Stock: Planning Opportunities
... “PATH Act”), which made permanent certain temporary provisions that provide beneficial treatment for qualified small business (QSB) stock. These provisions make taxpayers eligible for 100% gain exclusion on the sale of QSB stock and translate to a potential zero-percent effective tax rate. By way of ...
... “PATH Act”), which made permanent certain temporary provisions that provide beneficial treatment for qualified small business (QSB) stock. These provisions make taxpayers eligible for 100% gain exclusion on the sale of QSB stock and translate to a potential zero-percent effective tax rate. By way of ...
Wealth, Realized Income, and the Measure of Well-Being
... tended to make income itself appear to be accurately reported or measured, at least in aggregate terms. In recent years, there also has been increasing emphasis on providing incentives for investment and savings, perhaps even replacing an income tax with a consumption tax. This new emphasis has had ...
... tended to make income itself appear to be accurately reported or measured, at least in aggregate terms. In recent years, there also has been increasing emphasis on providing incentives for investment and savings, perhaps even replacing an income tax with a consumption tax. This new emphasis has had ...
successful stock investing
... on the annual reports of the company, less its liabilities. Asset value can be much greater, or less than book value. Book value is the recorded cost of the assets, less the liabilities. But assets may have been purchased or developed in previous years at low costs or prices, and they can sometimes ...
... on the annual reports of the company, less its liabilities. Asset value can be much greater, or less than book value. Book value is the recorded cost of the assets, less the liabilities. But assets may have been purchased or developed in previous years at low costs or prices, and they can sometimes ...
Note 2 Sammendrag av de viktigste regnskapsprinsippene_EN
... investment in the associate. In such cases the impairment amount is measured as the difference between the recoverable amount of the investment and its book value, and the difference is recognised in income on a separate line together with the item “Investments in associates and joint ventures”. In ...
... investment in the associate. In such cases the impairment amount is measured as the difference between the recoverable amount of the investment and its book value, and the difference is recognised in income on a separate line together with the item “Investments in associates and joint ventures”. In ...
Chapter 4 - AUEB e
... – We assumed that firm revenues were taxed » In reality, profits, not revenues, are taxed » So depreciation allowances reduce the tax paid by firms, because they reduce profits – Investment tax credits reduce taxes when firms make new investments ...
... – We assumed that firm revenues were taxed » In reality, profits, not revenues, are taxed » So depreciation allowances reduce the tax paid by firms, because they reduce profits – Investment tax credits reduce taxes when firms make new investments ...
Repatriation and Reinvestment of the Assets of a Foreign
... investors will cease to use the special entities provided for under the WFOE Law, the various Chineseforeign joint venture (JV) laws, and the foreign invested partnership (FIP) law and will instead simply use the Chinese limited liability company (LLC) and the standard partnership in the same manner ...
... investors will cease to use the special entities provided for under the WFOE Law, the various Chineseforeign joint venture (JV) laws, and the foreign invested partnership (FIP) law and will instead simply use the Chinese limited liability company (LLC) and the standard partnership in the same manner ...