A Firm Lower Bound: Characteristics and Impact of Corporate Minimum Taxation
By:Aqib Aslam
Published on 2021-06-08 by International Monetary Fund
This paper examines the role of minimum taxes and attempts to quantify their impact on economic activity.
Minimum taxes can be effective at shoring up the corporate tax base and enhancing the perceived equity of the tax system, potentially motivating broader taxpayer compliance.
Where political and administrative constraints prevent reforms to the standard corporate income tax, a minimum tax can help mitigate base erosion from excessive tax incentives and avoidance.
Using a new panel dataset that catalogues changes in minimum tax regimes over time around the world, firm-level analysis suggests that the introduction or reform of a minimum tax is associated with an increase in the average effective tax rate of just over 1.5 percentage points with respect to turnover and of around 10 percent with respect to operating income.
Minimum taxes based on modified corporate income lead to the largest increases in effective tax rates, followed by those based on assets and turnover.
This Book was ranked at 243 by Google Books for keyword Corporate Taxes.
Book ID of A Firm Lower Bound: Characteristics and Impact of Corporate Minimum Taxation's Books is NvE_EAAAQBAJ, Book which was written by "Aqib Aslam" have ETAG "r3DdxDShKi8"
Book which was published by International Monetary Fund since 2021-06-08 have ISBNs, ISBN 13 Code is 1513561073 and ISBN 10 Code is 9781513561073
Reading Mode in Text Status is and Reading Mode in Image Status is 1
Book which have "50 Pages" is Printed at BOOK under Category Business & Economics
This Book was rated by Raters and have average rate at ""
This eBook Maturity (Adult Book) status is NOT_MATURE
Book was written in en
eBook Version Availability Status at PDF is Available and in ePub is not Available
No comments:
Post a Comment