The Resource Issues in the design of taxes on corporate profit

Issues in the design of taxes on corporate profit

Label
Issues in the design of taxes on corporate profit
Title
Issues in the design of taxes on corporate profit
Creator
Subject
Language
eng
Summary
This paper considers the proposals of the Mirrlees Review to introduce an allowance for corporate equity (ACE) in the corporation tax system. It assesses how an ACE would affect various dimensions of corporate decision making. Broadly, the ACE would introduce neutrality in decisions as to the scale of investment and the source of finance. But it would leave distortions in choices regarding many mutually exclusive discrete choices, such as location and profit shifting. The paper presents some evidence on the likely impact of introducing an ACE, which depends on how the government makes up for foregone corporation tax revenue. It also considers briefly more radical options such as a destination-based corporate tax
Citation source
In: National tax journal. - Washington. - Vol. 65 (2012),
http://library.link/vocab/creatorName
Devereux, M.P
Geographic coverage
  • European Union
  • Europe
Language note
English
http://library.link/vocab/subjectName
  • tax reform
  • corporate income tax
  • allowance for corporate equity
  • international tax law
Label
Issues in the design of taxes on corporate profit
Instantiates
Publication
Label
Issues in the design of taxes on corporate profit
Publication

Library Locations

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