Determinants of the choice between comprehensive and partial income tax allocation the case of the domestic international sales corporation by Sanjay Gupta

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  • Domestic international sales corporations -- Taxation -- United States.,
  • International business enterprises -- Taxation -- United States.

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Statementby Sanjay Gupta.
The Physical Object
Paginationx, 210 leaves ;
Number of Pages210
ID Numbers
Open LibraryOL16597983M

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Determinants of the Accounting Change for Income Tax. had a choice between comprehensive and partial allowed firms to choose either comprehensive or partial tax allocation. This study examines why firms in New Zealand change income tax accounting methods from comprehensive to partial tax allocation.

New Zealand provides a unique institutional setting to test this Author: Norman Wong. Comprehensive Tax Allocation: An accounting term that describes a form of "interperiod" tax allocation, a method of income analysis. It signifies a means of quantifying the net effect of taxation Author: Julia Kagan.

Sanjay Gupta (). “Determinants of the Choice between Comprehensive and Partial Income Tax Allocation: The Case of Domestic International Sales Corporations,” The Accounting Review 70(3), Junepp.

Secondly, tax revenues provide income for a government which it may use to distribute as welfare transfers to reduce extreme poverty. Human poverty in middle-income countries, such as those in Latin America and the Caribbean, is more clearly the result of levels of income inequality than absolutely low income per se (Cobham, ).

These examine the contracting cost determinants of the decision of firms to change from the comprehensive tax allocation procedure to the partial tax allocation procedure to account for income tax which has the effect of (a) reducing the income tax expense recognised in the statement of financial performance, thereby increasing earnings after.

Abstract. I provide a first comprehensive literature survey with an exclusive focus on empirical corporate tax avoidance research. Shackelford and Shevlin [] traced the earlier developments of archival, microeconomic-based, empirical income tax research, pointing out a nascent interest for research on the determinants of tax by: 5.

determinants of revenue performance. Per capita income is a proxy for the overall development of the economy and is expected to be positively correlated with tax share as it is expected to be a good indicator of the overall level of economic development and sophistication of the economic structure.

Moreover,File Determinants of the choice between comprehensive and partial income tax allocation book KB. Vol. 70, No. 3, Jul., Published by: American Accounting Association. Determinants of the Choice between Partial and Comprehensive Income Tax Allocation: The Case of the Domestic International Sales Corporation.

Determinants of the Choice between Partial. While tax revenue is the amount of income collected by a government through taxation as a percentage of GDP, tax capacity represents the maximum tax revenue that could be collected in a country, given its economic, social, institutional and structural characteristics.

Tax gap is the difference between tax capacity and the actual tax by: In Federal Income Taxation: Model Problems and Outstanding Answers, Camilla E. Watson helps students demonstrate their knowledge of federal income tax law in the structured and sophisticated manner that professors expect on law school exams.4/5(3).

Allocation-of-income rules US tax provisions that define how income and deductions are to be allocated between domestic source and foreign source income.

Allocation-of-Income Rules Given two or more organizations controlled by the same persons or parties, rules allowing the IRS to treat some income, deductions, or credits claimed by one as claimed by. The relationship between income and consumption provides information regarding the saving pattern of individuals in an economy.

Let us understand the concept of propensity to save by plotting a graph that represents income and savings of individuals in an economy, as shown in Figure In Figure-7, line N represents the saving-income curve.

Zealand firms had a choice between comprehensive and partial allocation (Wong ). In comparing the two procedures, comprehensive allocation recognizes the tax effect of all timing differences while partial allocation recognizes the tax effect of only those timing differences that will result in a future tax payment in the foreseeable : Jilnaught Wong, N Wong, Naiker.

Analysis of the Determinants of Income and Income Gap between Urban and Rural China. This paper studies on the determinants of income and urbanrural income gap to shed light - on the problem of urbanrural income inequality in China.

OLS, conditional quantile - regression and Blinder-Oaxaca decomposition methods are used to analyze four waves ofCited by: The Determinants of Personal Income Tax Progressivity Around the Globe1 Peter Egger2 Doina Radulescu3 Ray Rees4 Abstract This paper utilizes a novel database collected by the authors to docu-ment features of the progressivity of personal income tax systems across countries for the years We measure progressivity in sev-eral ways.

and the income tax is governed by the Income Tax Act(“ITA”). The current income tax rate prevailing in Mauritius is a flat rate of 15 percent on the chargeable income2. The country has a self-assessment system whereby it is for the taxpayers to declare all the income received during a particular year of assessment.

There are more File Size: 2MB. Tips for Optimal Quality Sound Quality Call in on the telephone by dialing and enter your PIN when prompted, and view the presentation slides online. If you have any difficulties during the call, press *0 for Size: KB. INCOME TAX òIncome tax is a tax on yearly taxable income of a person levied by the Central Government at prescribed rates.

ó Tax payers include individual, firm, company, Hindu undivided family, association of persons, trust etc. Taxable income means income calculated under the provisions of the Income Tax Act. Salient Feature of Income Tax Size: 1MB. This paper computes the optimal progressivity of the income tax code in a dynamic general equilibrium model with household heterogeneity in which uninsurable labor pro-ductivity risk gives rise to a nontrivial income and wealth distribution.

A progressive tax system serves as a partial substitute for missing insurance markets and enhances. between the respective factors and the amount of CIT revenues collected by the Member States. The general hypothesis focuses on two sets of determinants.

This division is reflected in supporting hypotheses. The determinants within the scope of CIT laws of the Member States are covered by the following supporting hypotheses: 1.

This study investigates the value relevance of the deferred tax liability recognized using comprehensive versus partial allocation. Our research examines New Zealand firms who, prior to the introduction of International Financial Reporting Standards, were free to choose between comprehensive and partial allocation.

We test the joint hypothesis that the partial, as opposed to comprehensive. Sally M. Schultz STATE UNIVERSITY OF NEW YORK AT NEW PALTZ and Roxanne T. Johnson UNIVERSITY OF SCRANTON INCOME TAX ALLOCATION: THE CONTINUING CONTROVERSY IN HISTORICAL PERSPECTIVE Abstract: The appropriate means of accounting for income taxes on financial statements has been among the most hotly debaled and frequently.

on tax revenues (either their level or growth rate). Christian, Gupta, and Young () find, using data on subsequent filing from the Michigan income tax amnesty, that the additional revenue raised from these taxpayers is marginal (around percent of the state’s personal income tax revenues).

Determinants of Tax Ratio': A Cross-Country Analysis M M Ansari Talxation policy in less developed countries (LDCs) hias always been an important instrumtent not merely for acugmenting revenue but also for -ttaining a proper pattern of resource allocation, income distribution, and economic stability, in order that the benefits of economic.

This study examines the Determinants of Personal Income Tax Compliance. The study anchors on the fiscal exchange theory and social & psychological theory to predict the determinants of personal income tax compliance. The survey research design was adopted and questionnaire was distributed to elicit responses from self-employed : Edosa Joshua Aronmwan, Ehichioya Imobhio, Famous Izedonmi.

The effect was much stronger for those with more opportunity' to evade, as measured by their source of income. However, the reported income of the high-income treatment group fell sharply relative to the control group.

We suggest a model based on tax audits as a. The Determinants of Revenue Performance in Bahl, Roy W., Jorge Martinez-Vazquez, and Joan M Youngman. Making the Property Tax Work: Experiences in Developing and Transitional Countries. In this chapter, we ask about the determinants of this gap between expectations and reality, and speculate about what this such as income tax or value.

In public choice theory, tax choice (sometimes called taxpayer sovereignty or earmarking [failed verification]) is the belief that individual taxpayers should have direct control over how their taxes are proponents apply the theory of consumer choice to public claim taxpayers react positively when they are allowed to allocate portions of their taxes to specific spending.

Wilkie () finds that ETRs are a function of the ratio of tax incentives to book income, where tax incentives (e.g. depreciation) are items that cause book income to differ from taxable income.

To the extent that tax incentives are not proportionately related to book income, ETRs can change simply due to changes in book by: This book provides a comprehensive survey of optimal income tax theory, following the development of research strategy from the basic Mirrlees model through to its refinements, examining how optimal tax rates and the shape of tax schedules are affected by new considerations.

Optimal tax theory has an important contribution to make to tax policy formation, and has become especially pertinent in. the tax system (the elasticity of after-tax income with respect to before-tax in- come) and the revenue effects of sys- tem (the elasticity of fiscal revenue with respect to before-tax income).

I. a tax law is a mapping from a vector whose elements are the income characteristics of the individual (wageCited by:   We study the optimal income taxation of couples.

We determine the resulting intra-family labor supply allocation and its implication for the choice of the tax unit (individual versus joint taxation).

We provide a general condition for full joint taxation to arise. We also study how the spouses’ respective labor supply decisions are distorted when the condition does not by: Download Project Note No.

45 Project Note No. 45 Executive Summary The severity of the tax burden emphasizes the question of the equity of our tax system. One aspect of equity is the relative weight of the burden on taxpayers at different income levels.

Is the total tax. The determinants of income differences among members of society include all of the following except. Proportional income taxes. American households allocate the largest share of their incomes to. The federal personal income tax is a.

Progressive tax. In its purest form, a ___ would eliminate the existing array of different tax rates on. company. The tax treatment of capital income—a central feature of any tax system—thus plays a potentially key role in shaping the fiscal environment within which the financial system operations.

This section sets out some of the key issues, and continuing controversies, related to. level and income level. Stage 2 attempts to describe the relationship between tax knowledge and tax compliance using multiple regressions. Stage 4 examines taxpayers’ compliance determinants more widely than tax knowledge.

Nine variables were tested in Stage 4. Control variables were added in both Stage 3 and Stage 5 in order to assess. The Determinants of Individual Income Tax Compliance 3.

decreases with income. Allingham and Sandmo liken these two terms to a positive income effect and a negative substitution effect. They reason that the substitution effect means that an increase in the tax rate makes it more profitable to underreport income at the margin (i.e., the higher.

The Choice between Income and Consumption Taxes: A Primer Alan J. Auerbach* University of California, Berkeley, and NBER May 6, * Currently Visiting Professor of Law, New York University.

This paper was prepared for a conference on Key Issues in Public Finance, held at NYU, May I am grateful to Dan Shaviro for comments on an earlier.

These definitions distinguish between the terms "incidence" and "burden." "Incidence" is defined as the partial own-market economic effects of the tax, which may also be thought of as partial.

Book-tax income differences frequently serve as a key proxy in studies investigating earnings management and tax sheltering activities.

This is reasonable because managers can manage either book income or tax income to accomplish their personal agendas. However, because a substantial portion of the book-tax differences are affected.Abstract.

Revenue of personal income tax has been accounting for a higher and higher proportion in Vietnam’s total tax revenue. The purpose of this article is to combine some different methods to find the causes of this by: 2.Demand for \The 1%": Tax Incidence and Implications for Optimal Income Tax Rates Richard K.

Green & Mark D. Phillips Sol Price School of Public Policy, University of Southern California, Ralph and Goldy Lewis Hall, Los Angeles, CA Draft: Octo Abstract We develop a model for determining the optimal high income linear tax.

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