000			01806nab a2200253 c 4500
999			_c143445 _d143445
003			ES-MaIEF
005			20220819120105.0
007			ta
008			210127t2020 4 ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100	1		_aBowler Smith, Mark _961945
245		2	_aA new-knowledge approach to corporate income tax efficiency _c Mark Bowler-Smith
260			_c2020
500			_aResumen.
500			_aApéndice.
520			_aThis article adopts a new-knowledge approach to tax policy analysis as a means of exploring the efficiency of the corporate income tax. The foundation stone of this approach is the idea that new knowledge and wealth creation are coextensive. The idea that new knowledge and wealth creation are coextensive is already inherent in some aspects of tax law (e.g. R&D regimes), economics (e.g. endogenous growth theory) and fundamental physics (i.e. constructor theory). From a corporate income tax perspective, the implications that flow from the new-knowledge approach include: that knowledge is by far the most important factor of production; that economic rent (or pure profit) is ultimately nothing more than a function of new knowledge; and that tax efficiency should be recast in terms of the excess burden placed on knowledge production. Accordingly, this article seeks to explain the negative impact of the corporate income tax on knowledge production and, by extension, sustainable productivity growth.
650		4	_aSOCIEDADES _948454
650			_aIMPUESTOS _947460
650		4	_943270 _aEFICIENCIA
650		4	_948148 _aPRODUCTIVIDAD
650		4	_944020 _aEVALUACION
773	0		_9164098 _oOP 1867/2020/4 _tAustralian Tax Forum: a journal of Taxation Policy, Law and Reform _w(IEF)103415 _x 0812-695X _gv. 35, n. 4, 2020, p. 638-659
942			_cART