the parent company is resident of a EU country for tax purposes and, under the terms of an income tax treaty concluded with a third state, is not considered to be resident for tax purposes outside the EU; c. the parent company is subject to one of the taxes listed in the directive wi...
Corporate Income Taxes and the Cost of Capital A Correction (1963) 外文翻译.pdf,Corporate Income Taxes and the Cost of Capital: A Correction Author(s): Franco Modigliani and Merton H. Miller Source: The American Economic Review, Vol. 53, No. 3 (Jun., 196
(long-run average) earnings before interest and taxes generated by the currently owned assets of a given firm in some stated risk class, k.3 From our definition of a risk class it follows that X can be expressed in the form XZ, where X is the expected value of X, and the random ...
Generally, the previous definition split EM into two types. First is “Paper EM”, which depends on manipulating earnings using discretion granted by corporate laws and accounting standards that rely on accounting estimates, policies and accruals. According to Commerford et al. [19], it can also...
Definition and overview/Corporate Governance and taxes comprehensive book on TA, chapters 1 and 3 R Russo - 《Tax Assurance》 被引量: 0发表: 2015年 Tax and Corporate Governance: An Economic Approach How do the tax system and corporate governance arrangements interact? This chapter begins by revi...
Philadelphia, Sept. 1962. * The author is instructor in economics at Princeton University. He acknowledges the helpful comments of Fritz Machlup. Views expressed are those of the author alone. Corporate Income Taxes and the Cost of Capital: A Correction The purpose of this ...
Tax compliance is difficult to define, and previous studies often neglect to offer a definition or explanation of the term (Hasseldine & Morris, 2013). Hasseldine and Morris (2013) stress that it is the tax code that gives meaning to tax (non)compliance. The OECD (2004), p. 7) applies...
Because the restructuring would allow the European entities to generate income using Amazon’s pre-existing intangible assets, developed in the US, the US tax code and regulations required AEHT to compensate Amazon for the use of assets that met the regulatory definition of an intangible asset. ...
Journal of Financial Economics (2006) M. Desai et al. Theft and taxes Journal of Financial Economics (2007) E. Dimson Risk measurement when shares are subject to infrequent trading Journal of Financial Economics (1979) J. Graham et al. Tax shelters and corporate debt policy Journal of Financia...
Notching R&D Investment with Corporate Income Tax Cuts in China∗ Zhao Chen Fudan University Juan Carlos Sua´rez Serrato Duke University & NBER February 2021 Zhikuo Liu Fudan University Daniel Yi Xu Duke University & NBER Abstract We study a Chinese policy that awards substantial tax cuts to...