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Territorial Taxes: Proposals & Perspectives
Charlotte Ecton (Ed.)
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Description for Territorial Taxes: Proposals & Perspectives
Hardback. Editor(s): Ecton, Charlotte; Hamlin, Sam. Num Pages: 139 pages. BIC Classification: 1KBB; KFFD1. Category: (P) Professional & Vocational. Dimension: 260 x 186 x 14. Weight in Grams: 484.
Tax reform is a perennial issue before Congress. One area of increasing attention is the taxation of U.S. companies on the income they earn abroad. Business leaders have been urging a movement toward a territorial tax, which would generally eliminate U.S. income taxes on active foreign source income. Tax on the income of foreign subsidiaries is deferred until repatriated and tax can be avoided by not repatriating income. Economists have traditionally analysed the foreign tax system in terms of economic efficiency. Economic theory tends to support, on efficiency grounds, a world-wide system in which income from U.S. investment earned abroad ... Read more
Tax reform is a perennial issue before Congress. One area of increasing attention is the taxation of U.S. companies on the income they earn abroad. Business leaders have been urging a movement toward a territorial tax, which would generally eliminate U.S. income taxes on active foreign source income. Tax on the income of foreign subsidiaries is deferred until repatriated and tax can be avoided by not repatriating income. Economists have traditionally analysed the foreign tax system in terms of economic efficiency. Economic theory tends to support, on efficiency grounds, a world-wide system in which income from U.S. investment earned abroad ... Read more
Product Details
Publisher
Nova Science Publishers Inc United States
Number of pages
139
Format
Hardback
Publication date
2013
Condition
New
Weight
483g
Number of Pages
139
Place of Publication
New York, United States
ISBN
9781622579785
SKU
V9781622579785
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-2
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