Foreign Taxes And The Growing Share Of U.S. Multinational Company Income Abroad Profits Not Sales Are Being Globalized(1st Edition)
Authors:
Office Of Tax Analysis U.S. Department Of The Treasury
In Stock
Include with your book
Free shipping: April 04, 2024Popular items with books
Total Price:
$0
Book details
ISBN: 1500851132, 978-1500851132
Book publisher: CreateSpace Independent Publishing Platform
Foreign Taxes And The Growing Share Of U.S. Multinational Company Income Abroad Profits Not Sales Are Being Globalized 1st Edition Summary: The foreign share of the worldwide income of U.S. multinational corporations (MNCs) has risen sharply in recent years. Data from a panel of 754 large MNCs indicate that the MNC foreign income share increased by 14 percentage points from 1996 to 2004. The differential between a company’s U.S. and foreign effective tax rates exerts a significant effect on the share of its income abroad, largely through changes in foreign and domestic profit margins rather than a shift in sales. U.S.-foreign tax differentials are estimated to have raised the foreign share of MNC worldwide income by about 12 percentage points by 2004. Lower foreign effective tax rates had no significant effect on a company’s domestic sales or on the growth of its worldwide pre-tax profits. Lower taxes on foreign income do not seem to promote “competitiveness.”
Customers also bought these books
Frequently Bought Together
Fundamentals Of Corporate Finance - 7th Canadian Edition
Richard A. Brealey
ISBN: 125927201X, 978-1259272011
$0 $189.95
The Next Frontier Of Restaurant Management Harnessing Data To Improve Guest Service And Enhance The Employee Experience - 1st Edition
Alex M. Susskind
ISBN: 1501736515, 978-1501736513
$0 $22.44
Essentials Of Statistics For Business And Economics - 7th Edition
David Anderson
ISBN: 1305081595, 978-1305081598
$0 $324.95
Introduction to Financial Accounting - 11th edition
Charles Horngren
ISBN: 978-0133251111, 013325111X, 0133251039, 978-0133251036
$0 $339.99
Make Room For Tv Television And The Family Ideal In Postwar America - 1st Edition
Lynn Spigel
ISBN: 0226769674 , 978-0226769677
$0 $34.00
Non Resident And Offshore Tax Planning - 2016th Edition
Mr L Hadnum
ISBN: 1508859825, 978-1508859826
$0 $24.95
Programming In C++ Volume 1 The Foundation Of C++ - 1st Edition
Dontae M. Grose II
ISBN: 152152145X, 978-1521521458
$0 $9.99Top Reviews for Books
