Corporate Taxation in a Dynamic World

Panteghini, Paolo M.

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Panteghini, Paolo M.
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This book analyzes the economic principles of modern corporate taxation. With respect to the existing products it represents a novelty in at least two respects. First of all, it analyzes not only the effects of taxation on firms' marginal choices, but also focuses on the impact of taxation on discrete choices, such as plant location, R and D investment, and new marketing programs. The second novelty is represented by the application of option pricing techniques to corporate taxation. To give an idea of the importance of options it is sufficient to say that managers are aware that new business programs are an opportunity and not an obligation. This means that they behave as if they owned option-rights. Due to the partial irreversibility of their choices, they know that the exercise of such options reduces their business flexibility.Panteghini, Paolo M. is the author of 'Corporate Taxation in a Dynamic World ', published 2007 under ISBN 9783540714057 and ISBN 3540714057.

...The OECD's work on tax and the environment investigates to what extent countries harness the power of taxes and tradable permit systems for environmental and climate policy ... OECD Tax Database - OECD ... . With the Tax Cuts and Jobs Act (TCJA) of 2017, the U.S. corporate tax has been slashed from 40%—the second highest in the world as of 2017—to 21% in 2018, below the global corporate tax rate ... In the dynamic-tax framework capital is foregone consumption, and individuals' incentives to save depend on the tax policy, and in fact it turns out that in most dynamic economies the optimal capital income tax in the long run is zero (e.g. Judd (1985), Chamley (1986), Renström (1998 b)). In a static framework the distinction second- and third-best policy never arises. The theory of dynamic ... "Italy has ... Corporate Taxation in a Dynamic World | SpringerLink ... .g. Judd (1985), Chamley (1986), Renström (1998 b)). In a static framework the distinction second- and third-best policy never arises. The theory of dynamic ... "Italy has completely changed the fiscal rules, and now our taxation system is one of the most modern in the world. But no one realized that because we did not reduce taxes." —Vincenzo Visco, Italian treasury minister, September 2000. Four years after that speech, the Italian finance minister had just quit Silvio Berlusconi's government ... 5 Corporate Income Tax - a global analysis Methodology Paying Taxes - the global picture This study uses data collected by the World Bank Group from contributors around the world for the Paying Taxes 2012 project. Paying Taxes is an annual project which measures the ease of paying taxes across 183 economies using three key indicators, the Total Tax Rate for a case study company, the number ... Overview of PRC Taxation System. 中文; China is one of the biggest markets in the world and is attracting more and more global investors to move into the China market. In order to run the business in a most cost efficient way, it is necessary for the foreign investors to understand all the potential relevant tax costs that would be incurred in China before making an investment decision. In ... Companies will be granted a 30% Corporate Income Tax Rebate capped at $30,000 for each YA. With effect from Year of Assessment 2010, a company is taxed at a flat rate of 17% on its chargeable income regardless of whether it is a local or foreign company. Corporate Income Tax (CIT) Rebate for YAs 2013 to 2020. While business owners often grumble that America boasts some of the highest corporate tax rates in the developed world, an infographic compiled by the Tax Foundation -- an independent tax policy ... If you are responsible for managing taxes in a business that trades or operates across a number of different territories, you understand how much of a challenge it can be trying to keep on top of the tax rates and rules in each of them, notwithstanding the fact that these frequently change. Worldwide Tax Summaries cuts through those complexities. This useful online tool will help you make ... The previous government's "diverted profits tax", designed to curb corporate tax avoidance by the likes of Google, was also grossly over-sold by ministers as a viable solution to ... Corporate tax compliance and automation Tax in a digital world. In an era where amazing technical advances seemingly emerge on a weekly, if not daily basis, companies are reimagining the way they do business, and digital transformation is happening at many levels. In the midst of these transformative changes, some back-office functions-such as finance, accounting, and human resources-are ... In 1980, corporate tax rates around the world averaged 38.84 percent and 46.63 percent when weighted by GDP. Since then countries have recognized the impact that corporate taxes have on business investment decisions so that in 2018, the average is now 23.03 percent and 26.47 when weighted by GDP for 208 separate tax jurisdictions. [1] Here are 12 countries that have lower income tax rates than the U.S., which had a top rate of 39.6 percent in 2017. We also included the corporate rate in each country. All data is for 2017 and ... Understanding corporate taxation /Leandra Lederman, p. cm. (Understanding series) Includes index. ISBN -8205-4764-6 (softbound) 1. Corporations—Taxation—Law and legislation—United States. 2. Income tax—Law and legislation—United States. I. Title. II. Understanding series (New York, N.Y.) KF6464.L426 2002 343.7305'267—dc21 2002016061 CIP This publication is designed to provide ......