Taxation Commons^™

Employment Effects Of The Washington High Technology Business And Occupation Tax Credit, Timothy J. Bartik, Kevin Hollenbeck

Timothy J. Bartik

No abstract provided.

The Impact Of Marginal Business Taxes On State Manufacturing, Richard Funderburg, Timothy Bartik, Alan Peters, Peter Fisher

Timothy J. Bartik

No abstract provided.

The Effects Of State And Local Taxes On Economic Development: A Review Of Recent Research, Timothy Bartik

Timothy J. Bartik

No abstract provided.

Discussion Of The Role Of Client Advocacy In The Development Of Tax Professionals' Advice, Jennifer Schafer

Jennifer Kahle Schafer

The article discusses the idea that different levels of client advocacy held by tax consultants will affect their judgment, decision making, and advice. Studies on tax professionals' attitudes concerning advocacy and client characteristics are mentioned. The influence of endogeneity versus exogeneity in client characteristics on the tax professional's attitude are discussed. A model of hypothesized professional-client relationships in the decision making process is also discussed. The distinctions between client-specific advocacy and general advocacy are noted.

The Influence Of Roles, Advocacy, And Adaptation To The Accounting Decision Environment, Robert Pinsker, Robin Pennington, Jennifer Schafer

Jennifer Kahle Schafer

Decision makers often adapt strategies to specific task and context variables by balancing the need to make good decisions with the need to minimize cognitive effort. However, decision makers must have the requisite knowledge, based on training, to choose the most appropriate strategy. We extend the judgment and decision making literature by experimentally examining how training in specific professional roles (tax and audit) influences advocacy attitudes, and how the elements of the decision environment interact with these attitudes to influence accountants' judgments. Results indicate that attitudes are moderated by the requirements of the specific decision environment. Specifically, judgments of accounting ...

Mood And Likeability: The Impact Of Two Affect Types On Tax Judgment, Joseph Schultz, Brad Schafer, Jennifer Schafer

Jennifer Kahle Schafer

This study investigates processing influences of two types of affect, general (mood) and targeted (likeability), on professional tax judgment. Tax research has investigated client preference bias, but has not considered the affect's influence. Affect may exacerbate or mitigate this bias, even though affect should be irrelevant to professional judgment. Considerable accounting research, unrelated to tax, supports the importance of understanding affective inputs in professional judgment, primarily because such influence unknowingly leads to irrational economic judgments. Our results indicate that affect impacts tax judgments, and that affect type influences how evidence is processed. Targeted affect influences judgments and evidence evaluation ...

Employment Effects Of The Washington High Technology Business And Occupation Tax Credit, Timothy Bartik, Kevin Hollenbeck

Kevin Hollenbeck

No abstract provided.

Tax Season, Minnesota State University - Mankato

Democracy/Government

Bibliography and photographs of a display of government documents from Minnesota State University, Mankato.

Why Good Financial Records Are Worth The Effort, Sara Bennett

White Papers

Accounting. Taxes. Payroll. Recordkeeping. Necessary, but confusing at times. Thorough and accurate recordkeeping of all revenues and expenses related to your business is essential and goes beyond financial and tax reporting. Why you should seek help from the pros

Taxation On Morals, Alex J. Fulop

Honors Research Projects

This paper discusses five (5) tax topics and their relationship to the government attempting to influence taxpayer behavior. These topics include the charitable contribution deduction, excise taxes, §179 deductions, the first-time homebuyer credit, and soil, water, and endangered species conservation expense deductions. The above aspects of tax law are the government’s way of encouraging some behaviors and discouraging others. I believe that doing so is well within the government’s rights to do. However, I also think that encouraging moral actions is different from requiring them, and they certainly should not be required.

Foreign Tax Credit Pooling System: Is It Always Better? (Part 1 Of 3), Teng Aun Khoo, Clement Kai Guan Tan

Research Collection School Of Accountancy

Presently, there are two systems under which the FTC can be granted subject to satisfying certain conditions 1. FTC source-by-source and country-by-country system (SCS), and 2. FTC pooling system (PS) Under the SCS of computing the FTC, the excess of FTP over the STP on one type of FI (say dividend income) from a foreign country cannot be used to setoff against the excess of STP over the FTP on any other FI. Under the PS, any excess of Foreign Tax Paid (FTP) over the Singapore Tax Payable (STP) on one type of Foreign Income from a foreign country can ...

The Deferral Effects Of Passing Through Foreign Subsidiaries’ Passive Income, Chris William Sanchirico, Reed Shuldiner

Faculty Scholarship

The immediate U.S. taxation of foreign subsidiaries’ passive, but not active income is a scenario of increasing practical importance. This paper builds on Alvin Warren’s recent analysis of this partially deferral-tempering case. It clarifies some of the legal and economic mechanics behind Warren’s formula. It also makes several points de novo. It highlights the conceptual relationship between passive-income pass-through and delayed realization of accrued gains. It points out that delayed realization inside the subsidiary effectively deactivates passive-income pass-through. And it describes when it does and does not matter that the parent takes interim distributions from the subsidiary ...

The Formation Of A Student-Athlete Trust Fund: Compliance And Tax Implications, Stephanie Gratto

University Honors Program Theses

This study reviews the possible tax and compliance issues of a student athlete trust fund as proposed in the case O’Bannon v. NCAA. With the possibility of the creation of a trust fund comes a myriad of issues to consider. The following review of the literature will review pertinent literature on the topic. Interviews were conducted with athletic directors of three universities and with three tax partners in Atlanta tax firms in order to determine potential compliance and tax implications. These interviews outline possible issues and solutions that may rise from the formation of the trust.

The Non-Linear Effect Of Corporate Taxes On Economic Growth, Ján Huňady

Ján Huňady

The paper deals with the problem of taxation and its potential impact on economic growth and presents some new empirical insights into this topic. The main aim of the paper is to verify an assumed nonlinear impact of corporate tax rates on economic growth. Based on the theory of public finance and taxation, we hypothesize that at relatively low tax rates it is possible that the impact of taxation on economic growth is slightly positive. On the other hand when the tax rates are higher a negative impact of taxation on economic growth could be expected. Despite the fact that ...

A Burning Question: Does Arson Increase When Local House Prices Decline?, Michael Eriksen, James Carson

Michael D Eriksen

We construct panel data on house prices and the determined cause of 4.8 million individual fires in the United States between 1986 and 2010 to test whether decreases in local housing market prices coincided with increases in arson. Since some insured homeowners may attempt to disguise the actual cause of fire as accidental, we also examine how decreases in local house prices are associated with changes in the total number of fires and the probability of determined causes of accidental fires. For the sample period, our results suggest that declines in local house prices coincided with increases in arson ...

Tax Havens And Effective Tax Rates: An Analysis Of Private Versus Public European Firms, John Thornton, Aziz Jaafar

John Thornton

We examine the impact of tax haven operations on the effective corporate tax burdens of publicly listed and privately held firms domiciled in Europe. In particular, we consider how European firms' tax haven operations interact with factors such as listing status and home-country tax reporting systems to determine the relative tax burdens of publicly listed and private firms. Our main empirical results show that tax haven operations are associated with lower effective tax rates for both private and public firms, and that the impact of tax havens in lowering effective tax rates is more pronounced for private firms than for ...

Malaysian Tax System And Individual Tax Knowledge, Noraza Mat Udin

NORAZA MAT UDIN

No abstract provided.

Whose Goodwill Is It? The Taxation Of Goodwill In Owner-Entity Transactions, Timothy Todd

Timothy M. Todd

Goodwill is a nebulous concept that is often not handled properly by taxpayers or the IRS. Two recent Tax Court cases highlight the IRS’s flawed approach and methodology to goodwill in two particular situations: the effect of goodwill in a corporate distribution, and the effect of goodwill in the estate-tax valuation of a closely held business. In both cases, the IRS used goodwill valuations to assert deficiencies against taxpayers, but the taxpayers argued that the goodwill was not theirs personally and therefore did not give rise to the deficiencies. These cases provide guidance on how to structure and maintain ...

International Tax Policy, Acquisition Of Innovative Assets, And Innovative Activity, Sebastien Bradley, Estelle Dauchy, Leslie Robinson

Sebastien J Bradley

This project aims to investigate the extent to which international tax policy distorts ownership of innovative assets toward tax-advantaged owners and considers its resulting impacts on innovative activity, recognizing that firms invest in foreign markets for both tax and non-tax (strategic) reasons. We explore how differences in taxation of source-based income—distinguishing IP and non-IP income where applicable—influence cross-border acquisition patterns, both in terms of ex-ante characteristics of targets (e.g. location and applicability of preferential IP-box regimes, industry, patent holdings, etc.), as well as ex-post outcomes (e.g. group and affiliate profitability, rates of return, research and development ...

Building Prohibited Transaction Chinese Walls For Retirement Plan Investment Structures, David Randall Jenkins

David Randall Jenkins, Ph.D.