Taxing U.S. Multinational Corporations : Policy Options & Considerations
Author: Angelique Gilder
Published Date: 10 May 2013
Publisher: Nova Science Publishers Inc
Language: English
Book Format: Hardback::161 pages
ISBN10: 1626181454
ISBN13: 9781626181458
Filename: taxing-u.s.-multinational-corporations-policy-options-&-considerations.pdf
Dimension: 155x 230x 12.7mm::514g
Download: Taxing U.S. Multinational Corporations : Policy Options & Considerations
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The hallmark of a global economy is greater mobility of economic transactions and economic agents. Firms and households enjoy far more geographic choice for purchases of goods and services, for locations to invest, and for places to work and retire. Policy choices have tilted the playing field toward the rich and corporations.Over the last four decades, income inequality has increased dramatically, income growth for the vast majority has slowed to a crawl, and progress in closing gender and racial wage gaps has been either too slow or nonexistent. This paper examines the evolution of the corporate profit base and the relationship between book income and tax income for U.S. Corporations over the last two decades. The paper demonstrates that this relationship has broken down over the 1990s, and it has broken down in a manner consistent with increased tax-sheltering activity. JURISDICTION TO TAX AND THE CASE FOR THRESHOLD REFORM. KERRIE SADIQ. Kerrie Sadiq is a Senior Lecturer at the TC Beirne School of Law, University of Queensland and a Senior Research Fellow in the Taxation Law and Policy Research Institute at Monash University. Download Citation | Options for taxing U.S. Multinational corporations | In 2008, 12 percent of all federal revenues came from corporate income taxes; about half was paid multinational Updated discussion of business enterprise tax policy issues, including a new overview of issues affecting U.S. Multinational corporations, the latest prospects and options for comprehensive tax reform, and the ongoing debate on taxing partnership
