2 edition of Profits and rates of return in OECD countries found in the catalog.
Profits and rates of return in OECD countries
James H. Chan-Lee
|Statement||by James H. Chan-Lee and Helen Sutch.|
|Series||Working papers / OECD Economics and Statistics Department -- no. 20|
OECD Taxation Working Papers This paper decomposes consumption tax revenues in OECD countries into the implicit tax rate (ITR) and consumption relative to GDP, to identify how economic downturns affect consumption tax revenues. (OECD) featuring its books, papers and statistics and is the gateway to OECD's analysis and data. This implies that many OECD countries are close to the tax revenue peak or have surpassed it (Lundberg, a). In the long run, high marginal tax rates can affect career choices and migration decisions. They also lower the return to education and entrepreneurship. Governments differ in the type of taxes they levy (see Table 1 below).
European OECD countries—like most regions around the world—have experienced a decline in corporate income tax rates over the last decades. In , the average corporate tax rate was percent and has decreased consistently to its current level of percent. The Organisation for Economic Co-operation and Development (OECD; French: Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 37 member countries, founded in to stimulate economic progress and world trade. It is a forum of countries describing themselves as committed to democracy and Headquarters: Paris, France.
 In other words, roughly half of all the corporate tax revenues OECD countries “lost” to profit shifting in was lost to other OECD countries, not rogue tax havens. The U.S. is shown to be the biggest loser among all OECD countries, with an estimated tax loss of nearly $57 billion, or 14 percent of corporate tax revenues. Over this period, the statutory tax rate fell in most of these 19 countries. In many cases the fall has been substantial. In , 15 out of the 19 countries had tax rates in excess of 40%; by there were none. Only Ireland and Spain increased their tax rate, each by around two percentage points (Ireland from the very low base of.
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Additional Physical Format: Online version: Chan-Lee, James H. Profits and rates of return in OECD countries. [Paris, France]: OECD, © (OCoLC) Get this from a library.
Profits and rates of return in OECD countries. [James H Chan-Lee; Helen Sutch] -- There is widespread concern, particularly in Europe, about the possibility of a secular decline in profits and rates of return.
The purpose of this study is to assess whether there has been a decline. Get this from a library. Profits and Rates of Return in OECD Countries. [James Chan-Lee; Helen Sutch]. Profits and Rates of Return in OECD Countries There is widespread concern, particularly in Europe, about the possibility of a secular decline in profits and rates of return.
The purpose of this study is to assess whether there has been a decline and to quantify it as far as possible, taking measurement problems into by: 8. James H. Chan-Lee & Helen Sutch, "Profits and Rates of Return in OECD Countries," OECD Economics Department Working Profits and rates of return in OECD countries book OECD Publishing.
Handle: RePEc:oec:ecoaaaen DOI: / Pension funds experienced negative real investment rates of return in most countries inespecially in the OECD area (Figure 1).
Pension funds suffered financial losses in real terms in 20 out of the 25 reporting OECD countries, compared to 11 out of the 26 reporting non-OECD jurisdictions. The lowest investment rates of return. Policy Brief system (taxing foreign profits at domestic rates, with a tax credit for foreign taxes already paid on foreign profit).
The main insight is that a fixed pool of capital is most productive when allocated across countries so that pre-tax rates of return are everywhere the same, a result predicted in the absence of.
Finally, Hsu and Elveren () have offered, through a panel ARDL model, a comprehensive examination of the impact of military expenditure on the profit rates of multiple OECD countries. rate and the average tax rate of the OECD countries is below its time-series median, the growth in corporate profits and the U.S.
economy is closely related. However, when the difference between the U.S. tax rate and the OECD rate is relatively high (i.e., above its time-series median), the profitsFile Size: KB. addition to covering the 36 OECD countries, this edition covers a number of non-OECD Latin American for the lower real investment rates of return that insurers achieved in compared to Non-life insurers generally continued to record underwriting profits, with.
Many countries also have provisions, known as “patent boxes,” that allow special rates to the return on patents their resident multinationals hold in domestic affiliates. Most other countries, however, also have rules similar to the US subpart F rules that limit their resident corporations’ ability to shift profits to low-income countries.
Chapter 4 - Countries - Tax revenue and % of GDP by level of government and main taxes Chapter 3 - Table - Tax revenues of subsectors of general government as % of total tax revenue Chapter 3 - Table Total tax revenue in US dollars at market exchange rate.
Profits and Rates of Return in OECD Countries. By James H. Chan-Lee and citation; Abstract. There is widespread concern, particularly in Europe, about the possibility of a secular decline in profits and rates of return.
The purpose of this study is to assess whether there has been a decline and to quantify it as far as possible, taking Author: James H. Chan-Lee and Helen Sutch. the importance of private pension systems in OECD countries (the Committee was accordingly The eighth edition of Global Insurance Market Trends provides an overview of market trends to understand Average real net investment rates of return by type of domestic insurer in selected countries, 21File Size: 2MB.
• Limited ability to tax firm-specific profits on mobile investments. • Ability to tax location-specific profits. • Market size matters: – general ability of larger OECD economies to impose higher CIT rates, – more limited evidence of this in countries in LAC region (notable exceptions are Brazil and Mexico with relatively low CIT rates).
OECD’s annual statistical publication that presents a unique set of detailed and internationally comparable tax revenue data in a common format for all OECD countries from onwards. It also provides a conceptual framework defining which government receipts should be regarded as taxes and classifies different types of taxes.
The rate of return is the income generated by an asset expressed as a percentage of the value of that asset. The rate of return may be measured ex ante (the return expected when the investment was made) or ex post (the return that was actually earned). Measuring Capital: OECD Manual, Annex 1 Glossary of Technical Terms Used in the Manual, OECD.
If we sum up the 79 country-specific estimates for our preferred specification using the equity component of the rate of return, the total profits of MNEs that were shifted out of these 79 countries in amounted to $ billion, resulting in these countries incurring tax revenue losses of $ by: 2.
A quick glance reveals high rates of return in OECD countries. Indeed, across the body as a whole, the rate of return on fixed assets is back at its pre-crisis level and as high as 10 percent.
While in the US and the UK the rate is higher (12 percent), Germany and the Netherlands have hit record highs of 13 to 14 percent profitability. On the gravitation and convergence of industry incremental rates of return in OECD countries Article (PDF Available) January with 43 Reads How we measure 'reads'Author: Andrea Vaona.
Comparative tables - OECD countries Chapter 4 - Countries - Tax revenue and % of GDP by level of government and main taxes Chapter 3 - Table - Tax revenues of subsectors of general government as % of total tax revenue.expenditures on the rate of profits the paper provides evidence for 24 OECD countries for the period of by employing a panel autoregressive distributed lag model for the first time.
Findings show that while for the whole period there is a positive linkage between military.Ineven before the rate cut, the United States raised less revenue from corporate income taxes as a share of GDP than the average of other countries in the OECD (figure 2).
Revenue has increased as a share of GDP in most OECD countries because base-broadening measures that subject more income to tax have more than offset the cuts in tax.