Buch, Englisch, Band 307, 264 Seiten, Paperback, Format (B × H): 148 mm x 210 mm, Gewicht: 421 g
Reihe: Steuer, Wirtschaft und Recht
The Fairy Tale of Arm's Length Pricing and General Equilibrium Analysis of Multinational Enterprise Behavior under the Formulary Taxation Alternative
Buch, Englisch, Band 307, 264 Seiten, Paperback, Format (B × H): 148 mm x 210 mm, Gewicht: 421 g
Reihe: Steuer, Wirtschaft und Recht
ISBN: 978-3-8441-0014-3
Verlag: Josef Eul Verlag GmbH
In the present treatise, both abovementioned taxation concepts are elucidated as well as qualitatively and quantitatively reviewed against the background of the economic rationale for the multinational enterprise, the way it generates income and the management of its internal affairs. The highlight of this treatise is the general equilibrium model of firm behavior under unitary apportionment, which is, as will be seen, in several important respects more powerful than the usual partial equilibrium treatment of the formulary approach. The presented model, therefore, provides considerable insights regarding the tax incidence and induced real-economic distortions under unitary apportionment. Above all, this model will allow policy-makers and tax authorities to make reasonable estimates concerning potential alterations in tax revenues collected if separate accounting was replaced by unitary apportionment in the future.