Results 11 to 20 of about 12,178 (254)
Tax-loss trading and wash sales [PDF]
Journal of Financial Economics, 2000 Finnish investors realize losses more than gains toward the end of December. Moreover, they repurchase the same stocks recently sold. The repurchase rate depends on loss magnitude, firm size, and how late in the year the sale takes place. This trading pattern generates net tax-loss buying pressure that is negative prior to the turn of the year and ...
Grinblatt, Mark, Keloharju, Matti
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Tax Loss Carryovers in a Competitive Environment* [PDF]
Contemporary Accounting Research, 2014 ABSTRACTThe fact that incumbent firms can immediately deduct research and development (R&D) investments from taxable income is generally believed to give them a strategic advantage over new firms that cannot deduct the investment cost, but instead generate a net operating tax loss carryover. Using an analytical model, we show that this conventional
DeWaegenaere, A.M.B. +2 more
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The Value of a Loss: The Impact of Restricting Tax Loss Transfers
SSRN Electronic Journal, 2023 We study the economic consequences of anti-loss trafficking rules, which disallow the use of loss carry-forwards as tax shield after a substantial ownership change. Using staggered changes to these rules, we find that limiting the transfer of tax losses reduces the number of M&As with loss-making targets by 22%.
Bührle, Anna Theresa +3 more
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Recognition of Deferred Tax Assets Practices and Conservatism
Asian Journal of Accounting Perspectives, 2009 The application of IAS 12 promotes a form of conservative accounting practice, especially concerning the recognition of deferred tax assets and liabilities. In this paper, we observe whether these conservative practices are also evident in Malaysia.
Anna Azriati Che Azmi, Nurmazilah Mahzan
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A dynamic partial equilibrium model of capital gains taxation
Journal of Finance and Data Science, 2023 We analyze a multi-period model of capital gains taxation with endogenous prices. Relative to an economy without taxation, a capital gains tax tends to lower prices and increase returns.
Stephen L. Lenkey, Timothy T. Simin
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Tax Avoidance and the Deadweight Loss of the Income Tax [PDF]
Review of Economics and Statistics, 1999 Traditional analyses of the income tax greatly underestimate deadweight losses by ignoring its effect on forms of compensation and patterns of consumption. The full deadweight loss is easily calculated using the compensated elasticity of taxable income to changes in tax rates because leisure, excludable income, and deductible consumption are a Hicksian
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The Property Tax as a Tax on Value: Deadweight Loss [PDF]
International Tax and Public Finance, 2006 Consider an atomistic developer who decides when and at what density to develop his land, under a property value tax system characterized by three time-invariant tax rates: τ V , the tax rate on pre-development land value; τ S , the tax rate on post-development residual site value; and
Richard Arnott, Petia Petrova
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Taxation and forms of organizing business activities [PDF]
Ekonomski Anali, 2013 This paper takes sample tax regimes and tendencies from the developed countries in the EU-15 and the USA, and uses them to analyse the influence of taxation on the choice of organizational form of profit-oriented entities in Serbia.
Đinđić Srđan
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The Tax Treatment of Losses: Options for Reforms During the Corona Crisis
Wirtschaftsdienst, 2020 Due to the corona pandemic, many companies will suffer losses in 2020. The German tax system treats profits and losses asymmetrically: Whereas profits are taxed immediately, losses do not generate immediate tax refunds.
Reinald Koch, Dominika Langenmayr
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Tax Loss Amortization of Companies in Slovakia [PDF]
Journal of Risk and Financial Management, 2020 The purpose of this article is to research how companies optimize income tax with the ambition to maintain the achieved sales and profits at the highest possible level. Its purpose is to find out whether companies in Slovakia compensate for higher tax liability by tax loss amortization to reduce their income tax payable.
Anna Bánociová, Slavomíra Ťahlová
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