Open Access. Powered by Scholars. Published by Universities.®
- Institution
- Keyword
-
- Tax (2)
- Autónomos (1)
- Bruno (1)
- Business tax (1)
- Capital import neutrality (CIN) (1)
-
- Capital export neutrality (CEN) (1)
- Capital ownership neutrality (CON) (1)
- Charles Rangel (1)
- Chicago Tribune Company (1)
- Comisión de Derechos Humanos (1)
- Congreso (1)
- Corporate double tax (1)
- Costantini (1)
- Cuarto Congreso Nacional de Organismos Públicos Autónomos (1)
- Direct investment (1)
- ESOP (1)
- Economics (1)
- Employee Stock Ownership Plan (1)
- Estate tax (1)
- Excise tax (1)
- Foreign investment (1)
- Indirect claims on equity (1)
- Inheritance tax (1)
- Integration (1)
- International competitiveness (1)
- International taxation (1)
- Joint-profit motive (1)
- Law and Economics (1)
- Managers (1)
- Memorias (1)
- Publication
- Publication Type
Articles 1 - 6 of 6
Full-Text Articles in Law
Cuarto Congreso Nacional De Organismos Públicos Autónomos, Bruno L. Costantini García
Cuarto Congreso Nacional De Organismos Públicos Autónomos, Bruno L. Costantini García
Bruno L. Costantini García
Memorias del Cuarto Congreso Nacional de Organismos Públicos Autónomos
"El papel de los Organismos Públicos Autónomos en la Consolidación de la Democracia"
State Constitutional Limits On New Hampshire‘S Taxing Power: Historical Development And Modern State, Marcus Hurn
State Constitutional Limits On New Hampshire‘S Taxing Power: Historical Development And Modern State, Marcus Hurn
Law Faculty Scholarship
The New Hampshire Constitution is, in most of its fundamental parts, very old. It is long (nearly 200 articles) and wordy, even by the standards of the eighteenth century. It expresses essential principles in more than one place, in more than one way, and in language that to modem eyes is more suited to political philosophy than to positive law. Most of it was copied from the original Massachusetts Constitution, itself based on a draft by John Adams. However, there is no other state in the union with a structure of taxing powers and limits comparable to New Hampshire's.
Taxing Shared Economies Of Scale, Brad Borden
Taxing Shared Economies Of Scale, Brad Borden
Bradley T. Borden
Economies of scale exist if long-run average costs decline as output rises. All else being equal, the decline in average costs should lead to greater profitability, making economies of scale attractive to businesses. Nobel laureate George Stigler recognized that economies of scale should help determine the optimum size of a firm. To obtain economies of scale and optimum firm size, parties may integrate resources or grant access to resources without integrating. Such arrangements create shared economies of scale. Tax law must consider the effects of shared economies of scale and address them. In particular, the varying degrees of scale-sharing raise …
Samuel Zell, The Chicago Tribune, And The Emergence Of The S Esop: Understanding The Tax Advantages And Disadvantages Of S Esops, Michael S. Knoll
Samuel Zell, The Chicago Tribune, And The Emergence Of The S Esop: Understanding The Tax Advantages And Disadvantages Of S Esops, Michael S. Knoll
All Faculty Scholarship
Samuel Zell’s acquisition of the Chicago Tribune Company (the Tribune) in December 2007 using a little-known type of Employee Stock Ownership Plan (ESOP) made headlines. In a complicated transaction, which took nearly a year to complete, the Tribune converted from a subchapter C corporation to a subchapter S corporation, established an ESOP that purchased 100 percent of the company’s equity, and sold Zell a call option giving him the right to purchase 40 percent of the company’s equity. Press reports claim that Zell’s novel structure enabled Zell to outbid other suitors. And financial commentators predict that many acquirers will employ …
Taxation And The Competitiveness Of Sovereign Wealth Funds: Do Taxes Encourage Sovereign Wealth Funds To Invest In The United States?, Michael S. Knoll
Taxation And The Competitiveness Of Sovereign Wealth Funds: Do Taxes Encourage Sovereign Wealth Funds To Invest In The United States?, Michael S. Knoll
All Faculty Scholarship
Sovereign wealth funds (SWFs) control vast amounts of capital and have made and are continuing to make numerous large, high-profile investments in the United States, especially in the financial services industry. Those investments in particular and SWFs in general are highly controversial. There is much discussion of the advantages and disadvantages to the United States of investments by SWFs and there is an intense and ongoing debate over what should be the United States’ policy towards investments by SWFs. In the course of that debate, some critics have called upon the US government to abandon its long-held public position of …
Managers, Shareholders, And The Corporate Double Tax, Michael Doran
Managers, Shareholders, And The Corporate Double Tax, Michael Doran
Georgetown Law Faculty Publications and Other Works
The United States generally imposes two levels of federal income tax on corporate profits. The first level taxes income to the corporation; the second level taxes dividends to the shareholders. Academics and policymakers have long considered this double tax to be "unusual, unfair, and inefficient." Legislators from both political parties have proposed integration of the corporate and individual income taxes on many occasions, but the proposals consistently fail. Prior academic analyses have struggled to explain the failure of integration. This paper demonstrates how certain managers, shareholders, and collateral interests rationally favor certain integration proposals and oppose other integration proposals, while …