| 000 | 02235nab a2200349 c 4500 | ||
|---|---|---|---|
| 003 | ES-MaIEF | ||
| 005 | 20190121110828.0 | ||
| 007 | ta | ||
| 008 | 190118t2018 us ||||| |||| 00| 0|eng d | ||
| 040 |
_aES-MaIEF _bspa _cES-MaIEF |
||
| 041 | _aeng | ||
| 100 | 1 |
_957794 _aLim, Katherine |
|
| 245 | 0 |
_aExamining s-corporation losses and how they are used _c Katherine Lim, Elena Patel and Molly Saunders - Scott |
|
| 260 | _c2018 | ||
| 500 | _aDisponible también en formato electrónico a través de la Biblioteca del IEF. | ||
| 500 | _aResumen. | ||
| 504 | _aBibliografía. | ||
| 520 | _aSymmetric treatment of business losses would allow businesses in loss to claim an immediate tax refund. Instead, the U.S. tax system allows for businesses of all forms to use losses to offset positive income in other periods and the owners of pass-through businesses to offset current-year income from other sources. Little is known about how the losses of pass-throughs, including S corporations, are used. In this paper, we use administrative tax data to trace entity-level S-corporation losses through to their owners. We find that the owners of S corporations are able to use a large fraction of losses in the year that the loss occurs, ranging from a low of 49 percent in 2009 to a high of 68 percent in 2005. Because the lack of an immediate tax refund for losses can distort business decisions, that high current-year usage suggests that the tax treatment of losses may have less of a distortionary effect on the business and investment decisions of S corporations. | ||
| 650 | 4 |
_947460 _aIMPUESTOS |
|
| 650 | 4 |
_947978 _aPERDIDAS |
|
| 650 | 4 |
_936261 _aSOCIOS |
|
| 650 | 4 |
_948458 _aSOCIEDADES COLECTIVAS |
|
| 650 | 4 |
_948466 _aSOCIEDADES DE RESPONSABILIDAD LIMITADA |
|
| 650 | 4 |
_948426 _aSISTEMA FISCAL |
|
| 650 | 4 |
_910750 _aREFORMA |
|
| 650 | 4 |
_942888 _aESTADOS UNIDOS |
|
| 700 | 1 |
_965969 _aPatel, Elena Spatoulas |
|
| 700 | 1 |
_964210 _aSaunders Scott, Molly J. |
|
| 773 | 0 |
_9158690 _oOP 233/2018/4 _tNational Tax Journal _w(IEF)86491 _x 0028-0283 _g v. 71, n. 4, December 2018, p. 661-686 |
|
| 856 | _uhttps://ntanet.org/NTJ/71/4/ntj-v71n04p661-686-Examining-S-Corporation-Losses-and-How-They-Are-Used.html | ||
| 942 | _cART | ||
| 999 |
_c139716 _d139716 |
||