A Superior Hybrid Cash-Flow Taxon Corporations / / Howell Zee

• Autore: Zee Howell
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
• Descrizione fisica: 1 online resource (25 p.)
• Soggetto topico: Corporations - Taxation - Econometric models; International business enterprises - Taxation; Investments: General; Money and Monetary Policy; Personal Finance -Taxation; Corporate Taxation; Criminology; Taxation, Subsidies, and Revenue: General; Business Taxes and Subsidies; Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems; Personal Income and Other Nonbusiness Taxes and Subsidies; Illegal Behavior and the Enforcement of Law; Investment; Capital; Intangible Capital; Capacity; Corporate & business tax; Monetary economics; Public finance & taxation; Corporate crime; white-collar crime; Macroeconomics; Corporate income tax; Currencies; Tax allowances; Anti-money laundering and combating the financing of terrorism (AML/CFT); Depreciation; Taxes; Money; Crime; National accounts; Corporations; Taxation; Income tax; Money laundering; Saving and investment
• Soggetto geografico: United States
• Note generali: "May 2006."
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: ""Contents""; ""I. INTRODUCTION""; ""II. MERITS AND LIMITATIONS OF R-CFT AND S-CFT""; ""III. NATURE OF MODIFIED S-CFT""; ""IV. CONCLUDING REMARKS""; ""REFERENCES""
• Sommario/riassunto: This 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.
• Titolo autorizzato: A Superior Hybrid Cash-Flow Taxon Corporations
• ISBN: 1-4623-9218-0; 1-4527-6931-1; 1-282-39175-5; 9786613820181; 1-4519-0911-X
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910788520203321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2006/117