The Role of the Corporate Tax
Seiten
2019
Cambridge University Press (Verlag)
9781108747998 (ISBN)
Cambridge University Press (Verlag)
9781108747998 (ISBN)
Given the ease with which multinationals can evade tax, the existing corporate tax structure faces major pressures, as reflected in average statutory corporate tax rates halving in recent decades. This Element speculates on alternative tax structures that will avoid these problems.
Existing corporate taxes distort many aspects of firm behavior. To the extent that the corporate tax rate is lower than personal tax rates, taxes favor corporate activity, and favor retaining earnings rather than paying earnings out to employees and investors. Multinationals can even avoid these taxes by shifting income into tax havens. Given the ease with which multinationals can evade tax, the existing income tax structure faces major pressures, as reflected in average statutory corporate tax rates halving in recent decades. The Element speculates on alternative tax structures that will avoid these problems.
Existing corporate taxes distort many aspects of firm behavior. To the extent that the corporate tax rate is lower than personal tax rates, taxes favor corporate activity, and favor retaining earnings rather than paying earnings out to employees and investors. Multinationals can even avoid these taxes by shifting income into tax havens. Given the ease with which multinationals can evade tax, the existing income tax structure faces major pressures, as reflected in average statutory corporate tax rates halving in recent decades. The Element speculates on alternative tax structures that will avoid these problems.
1. Effects of taxes on corporate behavior; 2. Optimal corporate tax structure; 3. Possible alternatives; 4. Omissions from the theory; 5. Optimal tax policy given the presence of market failures; 6. Summary; Appendix A – dividends as a signal of longer-run cash flow.
| Erscheinungsdatum | 30.07.2019 |
|---|---|
| Reihe/Serie | Elements in Public Economics |
| Zusatzinfo | Worked examples or Exercises |
| Verlagsort | Cambridge |
| Sprache | englisch |
| Maße | 153 x 210 mm |
| Gewicht | 150 g |
| Themenwelt | Recht / Steuern ► EU / Internationales Recht |
| Recht / Steuern ► Steuern / Steuerrecht | |
| Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik | |
| ISBN-13 | 9781108747998 / 9781108747998 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
| Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
Wohlstand, Wachstum, Wettbewerb
Buch | Softcover (2025)
Kohlhammer (Verlag)
CHF 68,90
mit Marx, Menger und Marshall durch die Grundlagen der Ökonomie
Buch | Hardcover (2025)
De Gruyter Oldenbourg (Verlag)
CHF 62,90
Wurzeln und Perspektiven
Buch | Softcover (2025)
Kohlhammer (Verlag)
CHF 44,75
