LEADER 05561oam 22014894 450 001 9910788520203321 005 20230829002111.0 010 $a1-4623-9218-0 010 $a1-4527-6931-1 010 $a1-282-39175-5 010 $a9786613820181 010 $a1-4519-0911-X 035 $a(CKB)3360000000443059 035 $a(EBL)3014310 035 $a(SSID)ssj0000940030 035 $a(PQKBManifestationID)11491947 035 $a(PQKBTitleCode)TC0000940030 035 $a(PQKBWorkID)10946629 035 $a(PQKB)10209692 035 $a(OCoLC)712989239 035 $a(MiAaPQ)EBC3014310 035 $a(IMF)WPIEE2006117 035 $a(EXLCZ)993360000000443059 100 $a20020129d2006 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 12$aA Superior Hybrid Cash-Flow Taxon Corporations /$fHowell Zee 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (25 p.) 225 1 $aIMF Working Papers 300 $a"May 2006." 311 $a1-4518-6377-2 320 $aIncludes bibliographical references. 327 $a""Contents""; ""I. INTRODUCTION""; ""II. MERITS AND LIMITATIONS OF R-CFT AND S-CFT""; ""III. NATURE OF MODIFIED S-CFT""; ""IV. CONCLUDING REMARKS""; ""REFERENCES"" 330 3 $aThis paper proposes a new hybrid cash-flow tax on corporations that, on one hand, taxes only excess corporate profits as they accrue, and, on the other hand, treats real and financial transactions neutrally. It is, therefore, a superior tax compared to the cash-flow tax on real transactions that seems to have gained common acceptance. The hybrid tax is a modified version of the cash-flow tax on real and financial transactions combined. The modification involves replacing expensing of fixed assets with normal depreciation allowances, but the undepreciated value of fixed assets is carried forward with interest at the opportunity cost of equity capital. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2006/117 606 $aCorporations$xTaxation$xEconometric models 606 $aInternational business enterprises$xTaxation 606 $aInvestments: General$2imf 606 $aMoney and Monetary Policy$2imf 606 $aPersonal Finance -Taxation$2imf 606 $aCorporate Taxation$2imf 606 $aCriminology$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 606 $aBusiness Taxes and Subsidies$2imf 606 $aMonetary Systems$2imf 606 $aStandards$2imf 606 $aRegimes$2imf 606 $aGovernment and the Monetary System$2imf 606 $aPayment Systems$2imf 606 $aPersonal Income and Other Nonbusiness Taxes and Subsidies$2imf 606 $aIllegal Behavior and the Enforcement of Law$2imf 606 $aInvestment$2imf 606 $aCapital$2imf 606 $aIntangible Capital$2imf 606 $aCapacity$2imf 606 $aCorporate & business tax$2imf 606 $aMonetary economics$2imf 606 $aPublic finance & taxation$2imf 606 $aCorporate crime$2imf 606 $awhite-collar crime$2imf 606 $aMacroeconomics$2imf 606 $aCorporate income tax$2imf 606 $aCurrencies$2imf 606 $aTax allowances$2imf 606 $aAnti-money laundering and combating the financing of terrorism (AML/CFT)$2imf 606 $aDepreciation$2imf 606 $aTaxes$2imf 606 $aMoney$2imf 606 $aCrime$2imf 606 $aNational accounts$2imf 606 $aCorporations$2imf 606 $aTaxation$2imf 606 $aIncome tax$2imf 606 $aMoney laundering$2imf 606 $aSaving and investment$2imf 607 $aUnited States$2imf 615 0$aCorporations$xTaxation$xEconometric models. 615 0$aInternational business enterprises$xTaxation. 615 7$aInvestments: General 615 7$aMoney and Monetary Policy 615 7$aPersonal Finance -Taxation 615 7$aCorporate Taxation 615 7$aCriminology 615 7$aTaxation, Subsidies, and Revenue: General 615 7$aBusiness Taxes and Subsidies 615 7$aMonetary Systems 615 7$aStandards 615 7$aRegimes 615 7$aGovernment and the Monetary System 615 7$aPayment Systems 615 7$aPersonal Income and Other Nonbusiness Taxes and Subsidies 615 7$aIllegal Behavior and the Enforcement of Law 615 7$aInvestment 615 7$aCapital 615 7$aIntangible Capital 615 7$aCapacity 615 7$aCorporate & business tax 615 7$aMonetary economics 615 7$aPublic finance & taxation 615 7$aCorporate crime 615 7$awhite-collar crime 615 7$aMacroeconomics 615 7$aCorporate income tax 615 7$aCurrencies 615 7$aTax allowances 615 7$aAnti-money laundering and combating the financing of terrorism (AML/CFT) 615 7$aDepreciation 615 7$aTaxes 615 7$aMoney 615 7$aCrime 615 7$aNational accounts 615 7$aCorporations 615 7$aTaxation 615 7$aIncome tax 615 7$aMoney laundering 615 7$aSaving and investment 700 $aZee$b Howell$01462075 712 02$aInternational Monetary Fund.$bFiscal Affairs Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788520203321 996 $aA Superior Hybrid Cash-Flow Taxon Corporations$93670925 997 $aUNINA