By Doina Maria Radulescu
From the reviews:
“The e-book proposes an process for the dimension of the results of tax reforms frequently within the box of capital source of revenue taxation. … The booklet is established in 6 chapters. … meant to an viewers keen on monetary and taxation concerns that's whilst relatively accepted to the recommendations of equilibrium models.” (Vangelis Grigoroudis, Zentralblatt MATH, Vol. 1170, 2009)
Read or Download CGE Models and Capital Income Tax Reforms: The Case of a Dual Income Tax for Germany PDF
Similar game theory books
This textbook is an advent to video game concept, that's the systematic research of decision-making in interactive settings. video game concept should be of serious price to company managers. the power to properly expect countermove by means of rival corporations in aggressive and cooperative settings allows managers to make more suitable advertising and marketing, advertisements, pricing, and different company judgements to optimally in achieving the firm's goals.
For many years, on line casino gaming has been gradually expanding in recognition world wide. Blackjack is one of the most well liked of the on line casino desk video games, one the place astute offerings of enjoying procedure can create a bonus for the participant. chance and gift analyzes the sport extensive, pinpointing not only its optimum options but in addition its monetary functionality, by way of either anticipated money move and linked chance.
Pricing and hedging -- Portfolio optimization -- American ideas -- rates of interest
- An Introduction to Complex Systems: Society, Ecology, and Nonlinear Dynamics
- The dots-and-boxes game: sophisticated child's play
- Evolution and the Theory of Games
- Empirical methods in financial engineering
- The Evolution of Animal Communication: Reliability and Deception in Signaling Systems
- Models In Cooperative Game Theory (2nd Edition) (Lecture Notes in Economics and Mathematical Systems, Volume 556)
Extra info for CGE Models and Capital Income Tax Reforms: The Case of a Dual Income Tax for Germany
Yet, for returns on ﬁnancial investment, one could assert that since the residence principle applies, high national tax rates do not lead to capital ﬂight because returns on investment abroad are taxed in the same way as returns on domestic investment. Nevertheless, it should be borne in mind that even this situation can be counteracted by moving the private or company residence abroad or by creating letter-box ﬁrms. Moreover, since due to the Tax Reform 2000, the foreign dividends of share owners also beneﬁt from the shareholder relief system, it is easier for German investors to take advantage of international diﬀerences in corporate tax rates (Schreiber, 2000).
In the light of these developments and due to the fact that the EU plans to harmonize the corporate income tax base, tax competition is likely to become even ﬁercer. A reform of German corporate income taxation is therefore urgently required. 5 The Non-Transparent and Complicated German Tax System An additional argument for the need to reform the German tax system is related to the lack of structure and clarity which characterizes the tax system. A redesign of the German tax system is imperativ, for the present tax law is criticized to be rather complicated, non-transparent and ineﬃcient.
Therefore, at present, the measures which aim at improving Germany’s standing as an investment location are of vital importance as a step towards overcoming the economic slump. An additional argument for the need to reform the German tax system is the lack of structure and clarity which characterizes the current tax system. A redesign of the German tax system is imperative, as the present tax law is complicated, non-transparent and ineﬃcient. For example, a recent study by the World Economic Forum (2005), ranks Germany last among 104 surveyed countries regarding the ‘eﬃciency of the tax system’.
CGE Models and Capital Income Tax Reforms: The Case of a Dual Income Tax for Germany by Doina Maria Radulescu