Acquisitions for Tax Benefit

Tax-benefit Revealed Social Preferences

This paper inverts the usual logic of applied optimal income taxation. It starts from the observed distribution of income before and after redistribution and corresponding marginal tax rates. Under a set of simplifying assumptions, it is then possible to recover the social welfare function that would make the observed marginal tax rate schedule optimal. In this framework, the issue of the optim...

Tax competition ¬タヤ Greenfield investment versus mergers and acquisitions

In this paper, we analyze tax competition in a model where investor firms have the choice between two types of investment, greenfield investment and mergers and acquisitions. We show that the coexistence of these two types of investment intensifies tax competition in comparison to the case where there is only greenfield investment. If a specific tax on acquisitions is available, this result cha...

Tax-exemption for hospitals: towards an understanding of community benefit.

An Exact Analytical Grossing-Up Algorithm for Tax-Benefit Models

In this paper, we are proposing a grossing-up algorithm which allows for gross income calculation on the basis of tax rules and observed variables in the sample. The algorithm is applicable in tax-benefit microsimulation models which are mostly used by taxation policy makers, to support government legislative processes. Typically, tax-benefit microsimulation models are based on datasets, where ...

Tax - benefit revealed redistributive preferences over time : Ireland 1987 - 2005

By inverting Saez (2002)’s model of optimal income taxation, we characterize the redistributive preferences of the Irish government between 1987 and 2005. The (marginal) social welfare function revealed by this approach is consistently comparable over time and show great stability despite profound changes in market incomes and important …scal reforms over the period. Results are robust to numer...