Book Description
Study covers manufacturing companies, 1970-71 to 1978-79.
Author : Tapas Kumar Sen
Publisher :
Page : 132 pages
File Size : 11,43 MB
Release : 1987
Category : Accounting
ISBN :
Study covers manufacturing companies, 1970-71 to 1978-79.
Author : C. Eugene Steuerle
Publisher : Brookings Institution Press
Page : 224 pages
File Size : 21,33 MB
Release : 2010-12-01
Category : Business & Economics
ISBN : 9780815721031
Income from capital receives uneven treatment in both the tax system and the loan markets. This affects almost every investment decision make by the individuals, business, and government and causes major disruptions in the economy. In this book C. Eugene Steuerle shows how the misallocation of capital results from the interaction of tax laws, the operation of the market for loanable funds, and inflation. He first analyzes the taxation of capital income, focusing on the distortions caused by tax arbitrage and on inflation-induced discriminations among both taxpayer and borrowers. The author then applies this analysis to several related issues. He concludes with a reform agenda that calls for the adoption of a broader-based, flatter-rate income tax.
Author : M. F. Morley
Publisher :
Page : 164 pages
File Size : 33,21 MB
Release : 1974
Category : Accounting
ISBN :
Author : J. O. Miller
Publisher :
Page : 32 pages
File Size : 40,22 MB
Release : 1980
Category :
ISBN :
Author : Victor L. Bernard and Carla Hayn
Publisher :
Page : 54 pages
File Size : 23,86 MB
Release : 1985
Category :
ISBN :
Author : M. Van Hoepen
Publisher : Springer Science & Business Media
Page : 302 pages
File Size : 37,8 MB
Release : 2013-06-29
Category : Business & Economics
ISBN : 9401743509
Author : Lowell Dworin
Publisher :
Page : 320 pages
File Size : 36,32 MB
Release : 1977
Category : Accounting
ISBN :
Author : Stephen M. Cross
Publisher :
Page : 184 pages
File Size : 44,14 MB
Release : 1982
Category : Business & Economics
ISBN :
Author : Charles R. Hulten
Publisher :
Page : 344 pages
File Size : 27,91 MB
Release : 1981
Category : Business & Economics
ISBN :
Author : Stuart C. Gilson
Publisher :
Page : 92 pages
File Size : 29,79 MB
Release : 1984
Category : Accounting
ISBN :
"This report has two main objectives: First, to determine whether the real tax rate on investment income has proven sensitive to inflation; second, to determine the extent to which real returns to debt and equity, based on published data, differ from those based on inflation-adjusted data. The scope of the inflationary distortion in corporate income is assessed, and the resulting estimate is used to calculate the real after-tax rate of return on Canadian corporate debt and equity for the 1966-80 period. The author departs from previous studies of the Canadian corporate sector in his definition of returns to corporate activity. His definition reflects the view that the cost of corporate capital is governed by the after-tax returns accruing to individual investors from their debt and equity claims on the corporate sector. Two empirical regularities are found: 1) the real after-tax rate of return on debt and equity calculated with full inflation accounting is consistently below the rate based on unadjusted data; and, 2) the inflation-adjusted real tax rate on investment income appears to increase with inflation over the sample period." -- Abstract.