…In reality, these politician promises of aggressively accelerated economic growth are a lazy, longstanding gimmick… and…wishful thinking… Sure, policymakers should aspire to such growth, yet basing the federal budget on that assumption is reckless. …Even with smart policies encouraging capital inv...
Just in case you don’t want to watch me pontificate for nearly 14 minutes, here’s the slide from the presentation that most deserves attention since it captures the key principle of good tax policy. Simply stated, the more you tax of something, the less you get of that thing. By the...
The value of the shares awarded in the case of free shares, (or in the case of discounted shares, the market value of the shares less any consideration paid by the employee), is treated as notional pay at the time that the shares are awarded. In ot...
Set Ltd has three wholly owned subsidiaries, Ghost Ltd, Steam Ltd and Wagon Ltd, and also owns shares in a number of other companies. Set Ltd and all of its wholly owned subsidiaries are resident in the UK. You should assume that all of the UK resident companies in the Set Ltd group,...
its stock is owned directly or indirectly by five or fewer individuals at any time in the second half of the year. In these businesses, when an insured shareholder dies, the insurance proceeds can be used by the company to buy back the decedent's shares through a stock redemption agreement...
They concern financial instruments recognized at fair value through profit and loss, provided that they have a price set by a regulated market and, in case of equity instruments, the taxable person does not, directly or indirectly, hold a share of the capital equal or greater than 5%; Or ...
In the case of financial derivatives, most of these contracts are cash settled. Since financial assets are not bulky, they do not need special facility for storage, transport even in case of physical settlement. On the other hand, due to the bulky nature and physically existence of the ...
Once you start taxing a thing in excess of 100% of the value of the thing, as is the case with fuel excise, not only is it immoral it is also especially in the case of energy a tax on the productive ability of the economy. Disaffected December 15, 2011 John, look at Gibraltar’...
When the holders of these options exercise them, the number of shares increases and systematically dilutes the holdings of other shareholders96 and, in listed companies, this can have a negative impact on the share price. To avoid this, companies periodically buy back their shares to stabilise ...
profits are or will be made cannot be used to deny the status of a “taxable person.” However, the statement “whatever purpose or result” cannot be interpreted as that a hobby purpose is sufficient. According to the settled ECJ case law, the economic nature of the activities is decisive...