Federal Income Taxation of Banks and Financial Institutions
Author: Stanley I. Langbein
Publisher:
Published: 2023
Total Pages: 0
ISBN-13: 9781508317166
DOWNLOAD EBOOK →Lanterna Rally
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Taxation of Financial Services Industry
Author: United States. Congress. Senate. Committee on Finance
Publisher:
Published: 1983
Total Pages: 370
ISBN-13:
DOWNLOAD EBOOK →Taxation and Regulation of the Financial Sector
Author: Ruud De Mooij
Publisher: MIT Press
Published: 2014-12-12
Total Pages: 417
ISBN-13: 0262321106
DOWNLOAD EBOOK →Analytical and empirical perspectives on the interplay of taxation and regulation in the financial sector. The global financial crisis has prompted economists to rethink fundamental questions on how governments should intervene in the financial sector. Many countries have already begun to reform the taxation and regulation of the financial sector—in the United States, for example, the Dodd–Frank Act became law in 2010; in Europe, different countries have introduced additional taxes on the sector and made substantial progress toward a banking union for the eurozone. Only recently, however, has a new field in economics emerged to study the interplay between public finance and banking. This book offers the latest thinking on the topic by American and European economists. The contributors first explore new conceptual ground, offering rigorous theoretical analyses that help us better understand how tax policy and regulation can contribute to avoiding another crisis or reducing its impact. Contributors then investigate the behavior of financial institutions in response to various forms of taxation and regulation, offering empirical evidence that is vital for policy design. Contributors Thiess Buettner, Jin Cao, Giuseppina Cannas, Gunther Capelle-Blancard, Jessica Cariboni, Brian Coulter, Ernesto Crivelli, Ruud de Mooij, Michael P. Devereux, Katharina Erbe, Ricardo Fenochietto, Marco Petracco Giudici, Timothy J. Goodspeed, Reint Gropp, Olena Havyrlchyk, Michael Keen, Lawrence L. Kreicher, Julia Lendvai, Ben Lockwood, Massimo Marchesi, Donato Masciandaro, Colin Mayer, Robert N. McCauley, Patrick McGuire, Gaëtan Nicodème, Masanori Orihara, Francesco Passarelli, Carola Pessino, Rafal Raciborski, John Vickers, Lukas Vogel, Stefano Zedda
International Taxation of Banking
Author: John Abrahamson
Publisher: Kluwer Law International B.V.
Published: 2020-02-20
Total Pages: 448
ISBN-13: 9403510951
DOWNLOAD EBOOK →Banking is an increasingly global business, with a complex network of international transactions within multinational groups and with international customers. This book provides a thorough, practical analysis of international taxation issues as they affect the banking industry. Thoroughly explaining banking’s significant benefits and risks and its taxable activities, the book’s broad scope examines such issues as the following: taxation of dividends and branch profits derived from other countries; transfer pricing and branch profit attribution; taxation of global trading activities; tax risk management; provision of services and intangible property within multinational groups; taxation treatment of research and development expenses; availability of tax incentives such as patent box tax regimes; swaps and other derivatives; loan provisions and debt restructuring; financial technology (FinTech); group treasury, interest flows, and thin capitalisation; tax havens and controlled foreign companies; and taxation policy developments and trends. Case studies show how international tax analysis can be applied to specific examples. The Organisation for Economic Co-operation and Development Base Erosion and Profit Shifting (OECD BEPS) measures and how they apply to banking taxation are discussed. The related provisions of the OECD Model Tax Convention are analysed in detail. The banking industry is characterised by rapid change, including increased diversification with new banking products and services, and the increasing significance of activities such as shadow banking outside current regulatory regimes. For all these reasons and more, this book will prove to be an invaluable springboard for problem solving and mastering international taxation issues arising from banking. The book will be welcomed by corporate counsel, banking law practitioners, and all professionals, officials, and academics concerned with finance and its tax ramifications.
Taxing the Financial Sector
Author: Mr.Howell H. Zee
Publisher: International Monetary Fund
Published: 2004-04-16
Total Pages: 100
ISBN-13: 1589063163
DOWNLOAD EBOOK →One of the most complex issues in tax policy today is the treatment of the institutions, products, and services that make up the financial sector. It can be harder to ascertain income, expenses, and profits for financial firms than for firms selling goods and services, and it is easier for individuals and firms to manipulate financial transactions so as to exploit tax loopholes. This volume explores the challenges faced by tax policymakers and identifies modern best practices in several areas: banks, insurance companies, securities companies, investment funds, pension funds, and derivatives.
Impact of Taxation on the Financial Services Sector
Author: Kevin J. Dancey
Publisher: Task Force
Published: 1998
Total Pages: 86
ISBN-13:
DOWNLOAD EBOOK →This research focuses on the impact of the major federal and provincial taxes on the relative competitive position of domestically owned firms supplying similar financial services, as well as on the competitive position of Canadian institutions operating internationally or in competition with foreign institutions in the Canadian marketplace. In addition, elements are identified regarding the tax treatment of financial institutions that might motivate them to take actions driven by tax planning considerations which would conflict with the objectives of prudential regulation. The research approach involves not only a new economic analysis but also a review of other studies on the impact of taxation in the financial services sector and solicitation of input directly from participants in the sector. The report begins with a review of recent trends in the financial sector relating to tax and non-tax issues. It then describes the approach used in assessing competitiveness and proceeds with the assessment of competitiveness in the making of loans and of savings vehicles. This is followed by discussion of specific tax issues such as capital taxes, non-resident withholding taxes, and measurement of income. Finally, prudential issues are discussed. The appendix includes description of an economic approach to evaluating the taxation of financial institutions.
Balancing the Regulation and Taxation of Banking
Author: Sajid M. Chaudhry
Publisher: Edward Elgar Publishing
Published: 2015-08-28
Total Pages: 166
ISBN-13: 1785360272
DOWNLOAD EBOOK →This concise book gives a unique overview of bank taxation as an alternative or a compliment to prudential regulation or non-revenue taxation. Existing bank taxation is reviewed with a view to eliminating distortions in the tax system, which have incen
Taxing Banks Fairly
Author: Sajid M. Chaudhry
Publisher: Edward Elgar Publishing
Published: 2014-10-31
Total Pages: 204
ISBN-13: 1783476486
DOWNLOAD EBOOK →Taxing Banks Fairly offers an ethical perspective on bank taxation and financial stability to complement the traditional political economy approach. It also considers how a bank levy or financial activities tax, could be used to ensure that big banks m
Financial sector taxation
Author: [Anonymus AC08741538]
Publisher:
Published: 2010
Total Pages: 44
ISBN-13: 9789279187353
DOWNLOAD EBOOK →"The global economic and financial crisis has created important needs for fiscal consolidation. This document analyses potential instruments to raise additional tax revenues from the financial sector. The first section reviews the current policy objectives related to the taxation of the financial sector. The second section sheds some light on the current tax treatment of the financial sector. The third section discusses potential tax instruments to reach the goals. The fourth and fifth section respectively assess the advantages and drawbacks of a Financial Transaction Tax and a Financial Activities Tax."--Editor.
Banking Taxation
Author: Thomas J. Mccool
Publisher: DIANE Publishing
Published: 2001-02
Total Pages: 72
ISBN-13: 9780756704032
DOWNLOAD EBOOK →Studies certain rules that affect decisions by banks to elect S-corp. status for Fed. tax purposes. Banks were permitted to elect S-corp. status for the first time beginning in 1997. Banking industry rep's. have cited a number of obstacles that banks face when converting to S-Corp. status. Possible revisions to the tax rules were proposed to address these obstacles and would generally expand the banking &, in some cases, other industries' eligibility to elect S-corp. status. The objectives of this report were to (1) analyze possible revisions to the rules governing S-corp.; and (2) determine the potential impact such revisions might have, primarily on community banks. Tables.
