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Taxation of Multinational Corporations
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(Buch) |
Dieser Artikel gilt, aufgrund seiner Grösse, beim Versand als 2 Artikel!
Lieferstatus: |
i.d.R. innert 5-10 Tagen versandfertig |
Veröffentlichung: |
April 2012
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Genre: |
Wirtschaft / Recht |
ISBN: |
9781601985323 |
EAN-Code:
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9781601985323 |
Verlag: |
Now Publishers Inc |
Einband: |
Kartoniert |
Sprache: |
English
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Dimensionen: |
H 234 mm / B 156 mm / D 5 mm |
Gewicht: |
134 gr |
Seiten: |
78 |
Zus. Info: |
Paperback |
Bewertung: |
Titel bewerten / Meinung schreiben
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Inhalt: |
Multinational taxation is an area of research that encompasses academics in accounting,
finance and economics. In particular, researchers are interested in determining whether
taxation alters where multinational corporations (MNCs) operate their businesses. A review of
the literature on foreign direct investment provides clear support for taxes influencing MNCs'
location decisions. In addition, MNCs appear to organize themselves in a manner to increase
the amount of their profits invested in relatively lightly taxed jurisdictions. By altering the
location and the character of income across jurisdictions, MNCs are able to reduce their tax
burdens. The natural extension of these lines of research, then, is determining the welfare
consequences of MNCs' sensitivity to taxation.
Taxation of Multinational Corporations aggregates the large body of international tax literature
succinctly in one location. Very little of what is incorporated in this piece is novel. Rather, it
borrows heavily from those researchers who have focused their careers on understanding
taxation in the multinational context. Unfortunately, because much of the research in this area
is dominated by work involving U.S. data, the review is also quite U.S.-centric. However, many
countries' multinational tax rules are quite similar. This is primarily attributable to the conformity
generated in tax treaties based on the model treaty outlined by the Organization for Economic
Cooperation and Development (OECD). So, although there is variation in specific tax rules
across jurisdictions, the basic tax systems are very homogeneous.
Taxation of Multinational Corporations begins by outlining all of the details of taxing
multinational firms (Section 2). The author then discusses the theory and the related research
on the role of taxation on foreign direct investment and remittances of profits into the home
country (Section 3). Section 4 describes the incentives to undertake income shifting and/or
transfer pricing. Section 5 addresses some of the non-tax considerations, including financial
accounting, of foreign investment decisions. Current developments in the multinational tax
policy are reviewed in Section 6. |
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