The International Spillover Effects Of Us Tax Reform PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The International Spillover Effects Of Us Tax Reform PDF full book. Access full book title The International Spillover Effects Of Us Tax Reform.
Author | : Kiwon Kang |
Publisher | : |
Total Pages | : 146 |
Release | : 2002 |
Genre | : |
ISBN | : |
Download The International Spillover Effects of United States Tax Reform Book in PDF, ePub and Kindle
Author | : Kiwon Kang |
Publisher | : |
Total Pages | : 316 |
Release | : 2002 |
Genre | : Corporations |
ISBN | : |
Download The International Spillover Effects of U.S. Tax Reform Book in PDF, ePub and Kindle
Author | : Sebastian Beer |
Publisher | : International Monetary Fund |
Total Pages | : 36 |
Release | : 2018-07-13 |
Genre | : Business & Economics |
ISBN | : 1484367545 |
Download Tax Spillovers from US Corporate Income Tax Reform Book in PDF, ePub and Kindle
This paper describes, and where possible tentatively quantifies, likely tax spillovers from the U.S. corporate income tax reform that was part of the broader 2017 tax reform. It calculates effective tax rates under various assumptions, showing among other findings, how the interest limitation and the Foreign Derived Intangible Income provision can raise or reduce rates. It tentatively estimates that under constant policies elsewhere, the rate cut will reduce tax revenue from multinationals in other countries by on average 1.6 to 5.2 percent. If other countries react in line with historical reaction functions, the revenue loss from multinationals rises to an average of 4.5 to 13.5 percent. The paper also discusses profit-shifting, real location, and policy reactions from the more complex features of the reform.
Author | : H.M.L. Niesten |
Publisher | : |
Total Pages | : |
Release | : 2018 |
Genre | : |
ISBN | : |
Download Unravelling the Recent US Tax Reform : a Paradigm Shift in the International and EU Tax Landscape Book in PDF, ePub and Kindle
The aim of this contribution is to outline some of the implications and the possible spillover effect of key international tax features of the historic US tax reform from an EU perspective.
Author | : Martin Feldstein |
Publisher | : University of Chicago Press |
Total Pages | : 338 |
Release | : 2007-12-01 |
Genre | : Business & Economics |
ISBN | : 0226241874 |
Download The Effects of Taxation on Multinational Corporations Book in PDF, ePub and Kindle
The tax rules of the United States and other countries have intended and unintended effects on the operations of multinational corporations, influencing everything from the formation and allocation of capital to competitive strategies. The growing importance of international business has led economists to reconsider whether current systems of taxing international income are viable in a world of significant capital market integration and global commercial competition. In an attempt to quantify the effect of tax policy on international investment choices, this volume presents in-depth analyses of the interaction of international tax rules and the investment decisions of multinational enterprises. Ten papers assess the role played by multinational firms and their investment in the U.S. economy and the design of international tax rules for multinational investment; analyze channels through which international tax rules affect the costs of international business activities; and examine ways in which international tax rules affect financing decisions of multinational firms. As a group, the papers demonstrate that international tax rules have significant effects on firms' investment and other financing decisions.
Author | : Ian Parry |
Publisher | : Routledge |
Total Pages | : 307 |
Release | : 2015-02-11 |
Genre | : Business & Economics |
ISBN | : 1317602080 |
Download Implementing a US Carbon Tax Book in PDF, ePub and Kindle
Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with increasing atmospheric greenhouse gas concentrations. Despite the uncertainties, reducing emissions now makes sense, and a carbon tax is the simplest, most effective, and least costly way to do this. At the same time, a carbon tax would provide substantial new revenues which may be badly needed, given historically high debt-to-GDP levels, pressures on social security and medical budgets, and calls to reform taxes on personal and corporate income. This book is about the practicalities of introducing a carbon tax, set against the broader fiscal context. It consists of thirteen chapters, written by leading experts, covering the full range of issues policymakers would need to understand, such as the revenue potential of a carbon tax, how the tax can be administered, the advantages of carbon taxes over other mitigation instruments and the environmental and macroeconomic impacts of the tax. A carbon tax can work in the United States. This volume shows how, by laying out sound design principles, opportunities for broader policy reforms, and feasible solutions to specific implementation challenges.
Author | : Emanuel Kopp |
Publisher | : International Monetary Fund |
Total Pages | : 37 |
Release | : 2019-05-31 |
Genre | : Business & Economics |
ISBN | : 1498317049 |
Download U.S. Investment Since the Tax Cuts and Jobs Act of 2017 Book in PDF, ePub and Kindle
There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a windfall for shareholders. We find that U.S. business investment since 2017 has grown strongly compared to pre-TCJA forecasts and that the overriding factor driving it has been the strength of expected aggregate demand. Investment has, so far, fallen short of predictions based on the postwar relation with tax cuts. Model simulations and firm-level data suggest that much of this weaker response reflects a lower sensitivity of investment to tax policy changes in the current environment of greater corporate market power. Economic policy uncertainty in 2018 played a relatively small role in dampening investment growth.
Author | : International Monetary Fund. Fiscal Affairs Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 78 |
Release | : 2016-12-10 |
Genre | : Business & Economics |
ISBN | : 1498345204 |
Download Tax Policy, Leverage and Macroeconomic Stability Book in PDF, ePub and Kindle
Risks to macroeconomic stability posed by excessive private leverage are significantly amplified by tax distortions. ‘Debt bias’ (tax provisions favoring finance by debt rather than equity) has increased leverage in both the household and corporate sectors, and is now widely recognized as a significant macroeconomic concern. This paper presents new evidence of the extent of debt bias, including estimates for banks and non-bank financial institutions both before and after the global financial crisis. It presents policy options to alleviate debt bias, and assesses their effectiveness. The paper finds that thin capitalization rules restricting interest deductibility have only partially been able to address debt bias, but that an allowance for corporate equity has generally proved effective. The paper concludes that debt bias should feature prominently in countries’ tax reform plans in the coming years.
Author | : Ms.Li Liu |
Publisher | : International Monetary Fund |
Total Pages | : 49 |
Release | : 2018-01-13 |
Genre | : Business & Economics |
ISBN | : 1484337700 |
Download Where Does Multinational Investment Go with Territorial Taxation? Evidence from the UK Book in PDF, ePub and Kindle
In 2009, the United Kingdom changed from a worldwide to a territorial tax system, abolishing dividend taxes on foreign repatriation from many low-tax countries. This paper assesses the causal effect of territorial taxation on real investments, using a unique dataset for multinational affiliates in 27 European countries and employing the difference-in-difference approach. It finds that the territorial reform has increased the investment rate of UK multinationals by 15.7 percentage points in low-tax countries. In the absence of any significant investment reduction elsewhere, the findings represent a likely increase in total outbound investment by UK multinationals.
Author | : Morten Overgaard Ravn |
Publisher | : |
Total Pages | : 60 |
Release | : 1993 |
Genre | : Business cycles |
ISBN | : |
Download International Business Cycles Book in PDF, ePub and Kindle