Tax avoidance is a legal way for taxpayers to avoid paying taxes. They can do so by using the tax credits, deductions, and exclusions that are part of the tax code to their advantage. Using these strategies can help them either avoid paying taxes altogether or lower their tax liability. Ta...
A potential explanation for the lack of differences in these areas is that individuals who engage in these activities and do not use paid preparers are knowledgeable about related tax avoidance strategies.; This study demonstrates that individuals using paid preparers take actions to avoid tax to ...
There are two primary strategies regarding tax shelters. First, taxpayers try tominimize their tax liability. This is done most often by minimizing taxable income by offsetting taxable income against taxable losses or by simply reducing taxable income. For tax avoidance strategies, the goal is to n...
The Internal Revenue Code says that the willful attempt to "evade or defeat any tax" law is guilty of a felony. If convicted, tax evasion can result in fines of up to $250,000 for individuals ($500,000 for corporations) or imprisonment of up to five years, or both, plus court the ...
This paper analyzes the sources of heterogeneity in legal tax avoidance strategies across individuals. Three conditions are required for a taxpayer to participate in tax avoidance: incentive, access, and awareness. Using rich Swedish administrative panel data with a unique link between corporate and ...
How will China’s tax authorities deal with situations recognized as tax avoidance arrangements? Why self-investigation and adjustment are recommended strategies for mitigating risks This webinar is FREE of charge. For any questions or concerns, please contact Shanshan LIU, atshanshan.liu@dezshira.com...
This type of behaviour, associated with the behaviour of tax authorities built on lack of trust and virulent anti-tax avoidance strategies, has generated a tense and antagonistic tax environment. 展开 关键词:tax system tax subjects tax behaviour antagonism synergy ...
This makes it hard to say for sure that property taxes are always regressive. Estate Tax The estate tax, in its most basic form, is a progressive tax levied on the property of deceased individuals at their death. It appears to be unfair since it is imposed when a person’s home passes...
IRC §2035 This prevents tax avoidance strategies, such as giving a life insurance policy to beneficiaries when the death of the insured seems imminent; otherwise, the federal government would collect much less transference taxes because the value of a life insurance policy while the insured is ...
Product market power and tax avoidance: Market leaders, mimicking strategies, and stock returns 来自 Semantic Scholar 喜欢 0 阅读量: 206 作者: Kubick, Thomas R.,Lynch, Daniel P.,Mayberry, Michael A.,Omer, Thomas C.摘要: Product market power provides firms with comparative advantages through ...