Long-term return reversals-Value and growth or tax? UK evidence and (ii) whether typical rational behaviour such as incentives to delay paying capital gain taxes can better explain long-term reversals than past performanc... Y Wu,Y Li - 《Journal of International Financial Markets Institutions ...
(b) The tax implications of the proposed restructuring of the Rapier Ltd group(i) Immediate implicationsCorporation taxRapier Ltd and its subsidiaries are in a capital gains group as Rapier Ltd owns at least 75% of the ordinary share capitalof each of the subsidiary companies. Any non-exempt ...
a) Describe some factors that are generally beyond the firm's control but still affect its cost of capital? b) Discuss interest rates, the market risk premium and tax rates. Explain the concept of the weighted average cost of capital and ho...
2. Dividend is not tax deductible. No tax savings.3. It is more costly than bonds issue.[Generally, shareholders expects higher returns due to higher risks. Dividend payment is not guaranteed. Shareholders are at the bottom of the credit hierarchy. Capital gain is uncertain.]
Define capital gains tax Describe some of the differences between equity financing and debt financing. Explain what the incentives of bondholders and stockholders are. Are they the same? What are two items that cannot be derived from the financial statements? Explain. How does net ...
Briefly explain how the following items affect the capital budgeting decisions of multinational companies: (i) exchange rate risk; (ii) political risk; (iii) tax law differences; (iv) transfer pricing Explain why and how a firm's cost...
They find that when they impose the tax frame, then it is the Republicans whose behavior is more affected by the frame. Echoing this finding, Dreber et al. (2013) use student and Mturk subjects to test whether merely describing dictator games as “taking games” or “giving games” ...
price movements or fluctuations in the market. It is commonly used in the context of commodities, currencies, interest rates, and securities. Hedging allows individuals and businesses to protect against potential losses by taking positions that will gain value if the underlying asset decreases in ...
*Local tax will be added as applicable Information Full text References Citations Reprints & permissions Details Received: 11 Jun 2008 Accepted: 4 Jan 2010 Published online: 22 Mar 2011 Author affiliations a Ontario Financing Authority , Suite 301, One Dundas Street West, Toronto, ON, ...
9.I ncome tax brackets were not indexed until 1985.When inflation pushed up peoples nominal incomes during the 1970s, what do you think happened to real tax revenue (Hint : This phenomenon was known as bracket creep. ) 答 :通货膨胀使人们 的名义收入增加时,会使实际税收增加 ,因为所得税表...