Global Issues in Income Taxation

Author: Daniel J. Lathrope

Publisher: West Academic

ISBN: 9780314188069

Category: Law

Page: 197

View: 920

This concise book is designed to provide professors teaching an introductory federal income taxation course with supplementary materials to introduce students to comparative and international tax topics. The book is accessible to students early in the course. An introductory chapter covers the structure of global tax systems and income taxes, as well as the various concepts of "income" employed by different tax systems. Coverage also includes chapters exploring the comparative tax treatment of in-kind benefits, gifts and inheritances, deductions, the taxable unit and income splitting rules, and capital gains. A separate chapter explores the issues raised when income is earned in international transactions. Basic international tax coverage includes an introduction to taxation based on source or residence/citizenship, avoidance of double taxation, tax deferral, transfer pricing, and tax treaties. The book includes both domestic and foreign cases, authorities, and statutes, as well as explanatory text. Because of its coverage, this text also is an excellent vehicle for exploring tax policy issues.
Release

The Challenges of Tax Reform in a Global Economy

Author: James Alm,Jorge Martinez-Vazquez,Mark Rider

Publisher: Springer Science & Business Media

ISBN: 9780387299129

Category: Business & Economics

Page: 474

View: 5635

This book presents 15 original papers and commentaries by a distinguished group of tax policy and tax administration experts. Using international examples, they highlight the state of knowledge of tax reform, present new thinking about the issue, and analyze useful policy options. The book’s general goal is to examine the current and emerging challenges facing tax reformers and to assess possible directions future reforms are likely to take. More specific themes include distributional issues, how to tax capital income, how to design specific taxes (e.g., the income tax, the value-added tax, the property tax), how to consider the politics and administrative aspects of tax reform, and how to combine the separate insights into comprehensive tax reform.
Release

Studies in International Taxation

Author: Alberto Giovannini,R. Glenn Hubbard,Joel Slemrod

Publisher: University of Chicago Press

ISBN: 9780226297033

Category: Business & Economics

Page: 332

View: 5560

As a united global economy evolves, economists and policymakers are forced to consider whether the current system of taxing income is inconsistent with the trend toward liberalized world financial flows and increased international competition. To help assess existing tax policies and incentives, this volume presents new research on how taxes affect the investment and financing decisions of multinationals today. The contributors examine the effects of taxation on decisions about international financial management, business investment, and international income shifting. They consider the influence of tax rules on dividend policy decisions within multinationals; the extent to which tax incentives affect the level and location of research and development across countries; and the fact that foreign-controlled companies operating in the United States pay lower taxes than do domestically controlled companies. The contributors to this volume are Rosanne Altshuler, Alan J. Auerbach, Neil Bruce, Timothy Goodspeed, Roger H. Gordon, Harry Grubert, Bronwyn H. Hall, David Harris, Kevin Hassett, James R. Hines Jr., Roy D. Hogg, Joosung Jun, Jeffrey K. Mackie-Mason, Jack M. Mintz, Randall Morck, John Mutti, T. Scott Newlon, James M. Poterba, Joel Slemrod, Deborah Swenson, G. Peter Wilson, and Bernard Yeung.
Release

Elements of International Income Taxation

Author: Philippe Malherbe

Publisher: Bruylant

ISBN: 2802750542

Category: Law

Page: 194

View: 6049

Income taxation is the fuel and vector of the economic policy of many states. This concise book, destined to students, practitioners and policy makers, explains the issues of taxation of transnational income in a world of sovereign states: how to prevent unjust and inefficient double taxation of the same income, by allocating the tax base between source and residence state and properly allowing in the latter for the tax levied in the former? How to prevent abuse by taxpayers or states, furthering tax evasion or avoidance and causing other but equally significant injustices and inefficiencies? Solutions developed over a century of practice are analyzed. That field of the legal art & science is still young and the paradigm for ideal taxation in the global village of the XXIst century is yet to be invented. An appendix includes the juxtalinear texts of the OECD and UN Model Conventions.
Release

Tax Policy in the Global Economy

Selected Essays of Peggy B. Musgrave

Author: Peggy B. Musgrave

Publisher: Edward Elgar Pub

ISBN: N.A

Category: Business & Economics

Page: 470

View: 5818

Income tax analysis extended to the arena of multinational investment . The concept of tax equity among nations is introduced and developed. The complex tax issues which arise in the case of cross-border investment are addressed.
Release

Tax Policy in the Real World

Author: Joel Slemrod

Publisher: Cambridge University Press

ISBN: 9780521646444

Category: Business & Economics

Page: 515

View: 4063

Leading economists and scholars discuss and debate current tax policy issues in non-technical language, illustrating how the principles of tax analysis can be applied to real-world issues. Among the topics addressed are the practical feasibility of consumption tax alternatives to the current income tax, the rationale and implications of devolution of fiscal responsibilities to state and local governments, the effect of tax policy on economic growth, and the value of local tax incentives designed to attract and retain business. This volume collects articles from the Symposium series of the National Tax Journal from 1993 to 1998.
Release

Taxation in the Global Economy

Author: Assaf Razin,Joel Slemrod

Publisher: University of Chicago Press

ISBN: 9780226705880

Category: Business & Economics

Page: 454

View: 4271

The increasing globalization of economic activity is bringing an awareness of the international consequences of tax policy. The move toward the common European market in 1992 raises the important question of how inefficiencies in the various tax systems—such as self-defeating tax competition among member nations—will be addressed. As barriers to trade and investment tumble, cross-national differences in tax structures may loom larger and create incentives for relocations of capital and labor; and efficient and equitable income tax systems are becoming more difficult to administer and enforce, particularly because of the growing importance of multinational enterprises. What will be the role of tax policy in this more integrated world economy? Assaf Razin and Joel Slemrod gathered experts from two traditionally distinct specialties, taxation and international economics, to lay the groundwork for understanding these issues, which will require the attention of scholars and policymakers for years to come. Contributors describe the basic provisions of the U.S. tax code with respect to international transactions, highlighting the changes contained in the U.S. Tax Reform Act of 1986; explore the ways that tax systems influence the decisions of multinationals; examine the effect of taxation on trade patterns and capital flows; and discuss the implications of the opening world economy for the design of optimal international tax policy. The papers will prove valuable not only to scholars and students, but to government economists and international tax lawyers as well.
Release

Tax Policy Challenges in the 21st Century

Schriftenreihe IStR Band 86

Author: Karoline Spies,Raffaele Petruzzi

Publisher: Linde Verlag GmbH

ISBN: 370940603X

Category: Law

Page: 744

View: 337

The Major Developments in Tax Policy Steadily increasing globalization as well as the financial and economic crisis have brought major challenges for states in ensuring budgetary consolidation while maintaining sustainable economic growth. These developments have not only influenced political and economic discussions in the 21st century, but also raise new questions on the role of taxation in the economic policy environment. National taxation systems worldwide are subject to significant changes and it is assumed that they will develop in a more co-operative way in the near future. This book aims at identifying the major developments in tax policy in the 21st century on a national as well as on an international level and gives an in-depth analysis of the challenges and risks, but also of the opportunities connected to these developments. Ist covers numerous and discrete issues ranging from challenges in the VAT/GST area, the taxation of the financial sector, the fight against aggressive tax planning, tax abuse and tax evasion, tax integration within the EU, the development of transfer pricing rules, the increasing role of co-operative compliance and good governance and the changing tax policies of developing and newly industrialized countries. The contributions in this book build upon a legal comparison of the national tax systems in the relevant fields, propose tax policy solutions where required and give ideas on how to go forward.
Release

Die weltweite Ungleichheit

Der World Inequality Report 2018

Author: Facundo Alvaredo,Lucas Chancel,Thomas Piketty,Emmanuel Saez,Gabriel Zucman

Publisher: C.H.Beck

ISBN: 3406723861

Category: Business & Economics

Page: 456

View: 8969

Mit seinem Weltbestseller «Das Kapital im 21. Jahrhundert» hat Thomas Piketty eine heftige Kontroverse über die wachsende Ungleichheit in den westlichen Gesellschaften und deren Ursachen ausgelöst. Nun folgt der «World Inequality Report» – der gründlichste und aktuellste Bericht zur Lage der weltweiten Ungleichheit. Ein junges Team von Ökonomen, zu dem auch Piketty gehört, legt darin Fakten und Analysen vor, die ganz klar zeigen: Fast überall auf der Welt nimmt die Ungleichheit dramatisch zu. 1980 verdienten in den USA die unteren 50 Prozent der Lohnskala 21 Prozent des gesamten nationalen Einkommens, während das oberste 1 Prozent 11 Prozent des gesamten Einkommens mit nach Hause nahm. Doch dieser gewaltige Spagat hat sich heute sogar noch umgekehrt: Während die untersten 50 Prozent nur noch 13 Prozent des Einkommens nach Hause bringen, sichert sich das oberste 1 Prozent mehr als 20 Prozent des gesamten Einkommens. Diesen Trend zunehmender ökonomischer Ungleichheit gibt es nicht nur in den USA, sondern nahezu überall auf der Welt. Er wirkt wie eine bedrohliche kapitalistische Urgewalt, gegen die sich im Zeitalter von Globalisierung und Beschleunigung nichts ausrichten lässt. Der «World Inequality Report» zeigt, dass dies nicht stimmt. Wir können und müssen etwas gegen diesen Trend unternehmen – und eine starke Demokratie mit klaren Spielregeln für die Marktwirtschaft kann dies bewirken.
Release

International Tax Issues Relating to Globalization

Congressional Hearing

Author: William V. Roth, Jr.

Publisher: DIANE Publishing

ISBN: 0756705665

Category:

Page: 166

View: 3152

Witnesses include: Robin D. Beran, director, corporate tax and assistant treasurer, Caterpillar, Inc., Peoria, IL; Julietta Guarino, v.p., Taxes and Customs, ABB, Inc., Stamford, CT, on behalf of the Organization for International Investment; John L. Loffredo, v.p., taxes/NAFTA, Daimler Chrysler Corp., Auburn Hills, MI; Robert H. Perlman, v.p., tax, licensing and custom, Intel Corp.; John H. Mutti, prof. of economics, dept. of economics, Grinnell College, Grinnell, IA.; and Matthew J. Slaughter, assist. prof. of economics, dept. of economics, Dartmouth College, Hanover, NH.
Release

International Taxation of Trust Income

Principles, Planning and Design

Author: Mark Brabazon

Publisher: Cambridge University Press

ISBN: 1108492258

Category: Law

Page: 393

View: 5101

This book identifies a set of principles and corresponding tax settings that countries may apply to cross-border income derived by, through, or from a trust and will appeal to international tax practitioners, administrators, policymakers, academics, and students.
Release

Firs Handbook on Reforms in the Tax System 2004-2011

Author: Nig Federal Inland Revenue Service

Publisher: African Books Collective

ISBN: 9784877686

Category: Business & Economics

Page: 82

View: 6091

This short handbook detail the tax reforms made in Nigeria 2004-2011 in six chapters: Brief History of Taxation in Nigeria; Current Legislative Underpinning; Reforms to date; Revenue accruing to Governments for Appropriation; Recurring Issues and Challenges; and Global Tax Issues.
Release

The Politics of Income Taxation

A Comparative Analysis

Author: Steffen Ganghof

Publisher: ECPR Press

ISBN: 0954796683

Category: Business & Economics

Page: 208

View: 1745

Marginal income tax rates in advanced industrial countries have fallen dramatically since the mid-1980s, but levels and progressivity of income taxation continue to differ strongly across countries. This study offers a new perspective on both observations. It blends theoretical inquiry with focused quantitative analysis and in-depth investigation of seven countries: Germany, Australia and New Zealand as well as Denmark, Finland, Norway and Sweden. The Politics of Income Taxation highlights the equity-efficiency tradeoffs that structure the politics of income taxation, and analyses how income taxes are embedded in broader tax systems. It explains the limited but enduring importance of political parties and democratic institutions. Finally, the study paints a nuanced picture of the role of globalisation and thus sheds light on the pros and cons of tax coordination at European and international levels.
Release

E-commerce and Source-based Income Taxation

Author: Dale Pinto

Publisher: IBFD

ISBN: 9076078564

Category: Electronic commerce

Page: 244

View: 7932

The advent of electronic commerce has caused many to question the continued viability of sourced-based taxation. This thesis argues that source-based taxation is theoretically justifiable for income that arises from international transactions which are conducted in an electronic commerce environment.
Release

Taxing profits in a global economy

domestic and international issues

Author: Organisation for Economic Co-operation and Development,Organisation for Economic Co-operation and Development. Committee on Fiscal Affairs. Working Party No. 2 on Tax Analysis and Tax Statistics

Publisher: Organisation for Economic Co-operation and Development

ISBN: N.A

Category: Business & Economics

Page: 470

View: 7970

Release

Comparative Income Taxation

A Structural Analysis

Author: Hugh J. Ault,Brian J. Arnold

Publisher: Kluwer Law International B.V.

ISBN: 904113204X

Category: Business & Economics

Page: 560

View: 7365

The purpose of this book is to compare different solutions adopted by nine industrialized countries to common problems of income tax design. As in other legal domains, comparative study of income taxation can provide fresh perspectives from which to examine a particular national system. Increasing economic globalization also makes understanding foreign tax systems relevant to a growing set of transnational business transactions. Comparative study is, however, notoriously difficult. Full understanding of a foreign tax system may require mastery not only of a foreign language, but also of foreign business and legal cultures. It would be the work of a lifetime for a single individual to achieve that level of understanding of the nine income taxes compared in this volume. Suppose, however, that an international group of tax law professors, each expert in his own national system, were asked to describe how that system resolved specific problems of income tax design with respect to individuals, business organizations, and international transactions. Suppose further that the leaders of the group wove the resulting answers into a single continuous exposition, which was then reviewed and critiqued by a wider group of tax teachers. The resulting text would provide a convenient and comprehensive introduction to foreign approaches to income taxation for teachers, students, policy-makers and practitioners. That is the path followed by Hugh Ault and Brian Arnold and their collaborators in the development of this fascinating book. Henceforth, a reader interested in how other developed countries resolve such structural issues as the taxation of fringe benefits, the effect of unrealized appreciation at death, the classification of business entities, expatriation to avoid taxes, and so on, can turn to this volume for an initial answer. This book should greatly facilitate comparative analysis in teaching and writing about taxation in the US and elsewhere.
Release

Central American Tax Reform

Trends and Possibilities

Author: Ms. Janet Gale Stotsky,Ms. Asegedech WoldeMariam

Publisher: International Monetary Fund

ISBN: 1451920024

Category: Business & Economics

Page: 41

View: 8099

Central American tax systems are modern in their orientation, though there remains scope for beneficial reform. Value-added taxes are the mainstay of collections, but their performance varies. Income and property taxes remain relatively underused and should apply to higher income taxpayers more comprehensively. Tax reform needs to be mindful of global competition. Continuing improvement in administrative performance is also essential.
Release