| 000 | 02254nab a2200313 c 4500 | ||
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| 003 | ES-MaIEF | ||
| 005 | 20190121122019.0 | ||
| 007 | ta | ||
| 008 | 190118t2018 us ||||| |||| 00| 0|eng d | ||
| 040 |
_aES-MaIEF _bspa _cES-MaIEF |
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| 041 | _aeng | ||
| 100 | 1 |
_966909 _aGlogower, Ari |
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| 245 | 0 |
_aMissing the mark _b : evaluating the new tax preferences for business income _c Ari Glogower and David Kamin |
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| 260 | _c2018 | ||
| 500 | _aDisponible también en formato electrónico a través de la Biblioteca del IEF. | ||
| 500 | _aResumen. | ||
| 504 | _aBibliografía. | ||
| 520 | _aThe 2017 Tax Legislation introduced two significant new tax preferences for businesses: a reduction in the corporate rate to a flat 21 percent and the 20 percent deduction for pass-through income under Section 199A. Advocates of the legislation justified these preferences in part as a way to encourage new business investment and as a response to international tax competition. However, Congress failed to effectively achieve these goals by appropriately targeting these preferences on an economically coherent category of business income — such as the normal returns to new investment — and by protecting the domestic tax base as they addressed international pressures. Instead, the law extends its tax cuts to a variety of economic returns, including returns to labor of highly-compensated domestic service providers, but only if income is earned in certain forms and in certain sectors of the economy. As a result, the legislation generates substantial new inequity, tax planning opportunities, and administrative challenges for the IRS — none of which was necessary to increase investment and reduce international profit shifting. | ||
| 650 | 4 |
_947460 _aIMPUESTOS |
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| 650 | 4 |
_948454 _aSOCIEDADES |
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| 650 | 4 |
_948426 _aSISTEMA FISCAL |
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| 650 | 4 |
_910750 _aREFORMA |
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| 650 | 4 |
_948026 _aPLANIFICACION FISCAL |
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| 650 | 4 |
_942888 _aESTADOS UNIDOS |
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| 700 | 1 |
_960455 _aKamin, David |
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| 773 | 0 |
_9158690 _oOP 233/2018/4 _tNational Tax Journal _w(IEF)86491 _x 0028-0283 _g v. 71, n. 4, December 2018, p. 789-806 |
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| 856 | _uhttps://ntanet.org/NTJ/71/4/ntj-v71n04p789-806-Evaluating-the-New-Tax-Preferences-for-Business-Income.html | ||
| 942 | _cART | ||
| 999 |
_c139722 _d139722 |
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