The Window Tax was initially levied in two parts. People had to pay 2 shillings annually (a tenth of a pound) per house if they had fewer than 10 windows, 6 shillings if they had between 10 and 20, and 10 shillings for those with more than 20 windows. In current values, 2 sh...
…“Really, what we are seeing is a race by the different taxing jurisdictions to claim a share of the tax prize represented by the largely untaxed streams of income that U.S. multinationals have engineered for themselves,’’ said Ed Kleinbard, a professor at the University of Southern Calif...
Distribution may take place when the taxpayer is 59 and one-half years old, or earlier if the taxpayer becomes disabled, at which time the taxpayer will most likely be in a lower tax bracket. Distribution may take place before either of these occurrences, but if so, the funds are taxable...
while the factors destroying social order and stability are increasing and the destabilizing means are being constantly upgraded. Network fraud, high-tech theft, financial crime, power rent-seeking, and corruption
Briefly describe the concept of double taxation. Particularly explain how corporations are subject to double taxation while a sole proprietorship is not subject to double taxation. What are the different ways in which income earned in one country becomes subject to double taxati...
Government effectiveness remains negative and significant in regression 7, with a coefficient that is largely unchanged relative to the baseline results. However, it becomes insignificant when resource rents and the domestic company dummy are included in regression 11, which is also similar to the ...
a mutually beneficial organization persists for centuries it creeps into the marrow and becomes part of community morality. Hence the strength of what both James and the modern financier gangsters are up against. I’ll append the last part of a note I recently posted to a Roman monetary web...
Aiming to build on the cooperation that resulted in a 15% global minimum tax on multinational companies, which came into effect in January, the plan is being promoted under Brazil’s presidency of the G20… Brazil’s finance minister, Fernando Haddad, under the leftwing government of the pres...
But there is a big tax advantage if Walgreen becomes a Swiss company. The U.S. imposes “worldwide taxation,” which means American-based companies not only pay tax on income earned at home but also are subject to tax on income earned overseas. Most other nations, including Switzerland, us...