National Tax Journal articles from March 1 2009

National Tax Journal archives from March 1 2009

The effects of multinationals' profit shifting activities on real investments.
March 1, 2009... INTRODUCTION Corporate tax rates vary significantly between different countries. Real investment decisions are affected by these international differences in business taxation. Moreover, cross-country profit shifting of multinationals can...

Measuring non-school fiscal disparities among municipalities.
March 1, 2009... INTRODUCTION Fiscal disparities among parallel governments--municipalities within a state or states within the nation--represent a policy concern when the overlying government (state or nation) has an interest in levels of services and/or...

Does the NEA crowd out private charitable contributions to the arts?(National Endowment for the Arts)
March 1, 2009... INTRODUCTION This paper investigates the mechanism by which the federal government s funding of the arts through the National Endowment for the Arts (NEA) displaces private charitable contributions to non-profit arts organizations....

Inter-temporal differences in the income elasticity of demand for lottery tickets.
March 1, 2009... INTRODUCTION Beginning with New Hampshire in 1964, 42 states and the District of Columbia have legalized state-sponsored lotteries. Lottery sales in the United States topped $48 billion in fiscal year 2006 (roughly $160 per capita), of...

Spatiality and persistence in U.S. individual income tax compliance.
March 1, 2009... INTRODUCTION The individual income tax system in the United States operates on a self-assessment basis, in which individuals annually determine their tax liability and pay what they deem due. Over time, a taxpayer learns more about the tax...

Book-tax conformity: implications for multinational firms.
March 1, 2009... INTRODUCTION This paper examines the implications for multinational firms of recent proposals to conform tax and financial reporting (i.e., book-tax conformity). Proponents of book-tax conformity argue that the current dual system in the...

Internationalization of income measures and the U.S. book-tax relationship.
March 1, 2009... INTRODUCTION Two opposite trends have recently affected the relationship between the taxable income that companies report to the government and the financial accounting income that they report to investors. In the United States, a...

Earnings management, corporate tax shelters, and book-tax alignment.
March 1, 2009... INTRODUCTION The influence of taxes on corporations has largely been considered within a framework where taxes are involuntary payments that influence financing and investment choices on the margin. Such a framework does not dismiss the...