Traditional models of capital budgeting including taxes are based on deterministic tax rates and tax bases. In reality, however, there are multiple sources of tax uncertainty. Tax reforms induce frequent changes in both tax rates and tax bases, making future taxation of investments a stochastic process. Fiscal authorities and tax courts create additional tax uncertainty by interpreting current ...

a r t i c l e i n f o We present a model of tax competition for real investment and profits and show that the presence of tax havens in some cases increases the tax revenue of countries. In the first part of the paper, we argue that tax competition for profits is likely to be imperfect in the sense that the jurisdiction with the lowest tax rate does not necessarily attract all shifted profits. ...

f or several decades, the selection of a proper tax base has been among the most serious concerns for the economic policy makers. the computable general equilibrium models analysis provides a comprehensive framework for the investigation of the effects of the adopted policies on the economy of a country. in the present study, using a static computable general equilibrium, the effects of tax re...

this paper, i have focused on the tax side of the fiscal policy to  investigate the past and future behavior of fiscal sustainability in iran. to do so, i have employed two different forward-looking and backward-looking approaches. first, the backward-looking approach is the fiscal policy rule proposed by daving & leeper (2011). precisely, this rule determines that whether the fiscal policy is ...

one of the reasons that companies avoid paying their taxes is that they choose to use debts for their funding. in other words, tax saving, an activity of companies to avoid taxpaying, can be used to finance corporate projects. furthermore, since institutional owners are more inclined to supervise, they may shrink managerial behaviors to avoid taxpaying. in this study, institutional owners’ supe...

Taxes & Social Security This section provides information on U.S. federal and state income taxes and getting a Social Security number and card. It includes the following topics: Taxes Tax Laws and Filing Requirements [1] ● Guide to U.S. Federal Income Tax for F & J Visa Holders [2] ❍ Non-Resident Aliens for Tax Purposes [3] ❍ Resident Aliens for Tax Purposes [4] ❍ Requesting an Extension to Fil...

Taxes & Social Security This section provides information on U.S. federal and state income taxes and getting a Social Security number and card. It includes the following topics: Taxes Tax Laws and Filing Requirements [1] ● Guide to U.S. Federal Income Tax for F & J Visa Holders [2] ❍ Non-Resident Aliens for Tax Purposes [3] ❍ Resident Aliens for Tax Purposes [4] ❍ Requesting an Extension to Fil...

Taxes & Social Security This section provides information on U.S. federal and state income taxes and getting a Social Security number and card. It includes the following topics: Taxes Tax Laws and Filing Requirements [1] ● Guide to U.S. Federal Income Tax for F & J Visa Holders [2] ❍ Non-Resident Aliens for Tax Purposes [3] ❍ Resident Aliens for Tax Purposes [4] ❍ Requesting an Extension to Fil...