Investment Income Tax Issues Papers - Contents and Download
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There are also two papers on cash flow taxation that may be accessed separately.
Contents
You may open the income taxation issues papers directly via the links in this table of contents.
- OVERVIEW
- Investment Income Tax base
- Background
- Income from Assets and Liabilities
- Neutral Taxation of Income from Investments
- The 'Tax Value Method'
- Taxation of Entities
- Taxation of Entities with Neutral Effect on Investment Decisions
- Outcomes of Practical Entity Taxation Arrangements Compared to Neutral Ideal
- Some Implications for Design of Entity Taxation of 'Permanent' Tax Preferences
- Concluding Comment
- General
- Integrating taxable income
- International Dimension
- International Taxation with Neutral Effect on Investment Decisions
- Practical Foreign Tax Crediting Issues
- Flow-Through of Foreign Tax Credits: Foreign Investment Case Study
- Integrating Taxable Income of Entities in the International Scene
- ISSUES PAPERS
- Capital Gains taxation
- Diverse tax treatment of capital gains
- Case against partial taxation of capital gains
- Capital gains versus expenditure on 'revenue' or 'capital' account
- Capital losses
- Capital gains with depreciable assets
- CGT preferences on sale of depreciable assets
- Tax balancing adjustments for buildings and structures
- Long-term policy prescription
- Negative Gearing
- Background
- Neutral Treatment of Losses from Investments
- Neutral taxation of income from investments
- Negative Gearing Analysis
- Share Buybacks
- Background
- Off-market Buybacks
- On-market Buybacks
- Imputation Franking Credits
- Financial Assets and Liabilities
- Background
- Application of benchmark treatment to financial assets/liabilities
- Nominal or real benchmark
- Some Examples
- Bank account
- Annuity certain
- Bonds with known future cash flows
- Bonds with future flows dependent on changing parameters
- Leasing
- General framework for the taxing of leases
- Tax revenue implications of leasing
- Capital repayment assignment
- Foreign bonds and bank accounts
- Exchange rate risk
- Taxing Real Income
- Background
- Real Income Tax Base
- Example of Real Income Taxation
- Comment
- Depreciating Tangible Assets
- Marginal Depreciating Tangible Asset
- Background
- Annual Depreciation allowances in Practice
- Methodological Issues
- Estimates of Value Decline and Effect of General Inflation
- Cost to Revenue of Accelerated Tax Depreciation
- How Tax Revenue Effects of General Inflation arise
- Year-by-year Cost to Revenue
- Constant annual expenditure
- Increasing annual expenditure
- Inframarginal Depreciating Tangible Asset
- Background
- Inframarginal Depreciable Asset
- Overview
- Infrastructure Projects
- Background
- Income Taxation of Infrastructure Assets
- Infrastructure Investment by Entities
- Loss Flow-Through for Infrastructure Companies
- Effective Tax rates
- General Definition
- Nominal or Real Effective Tax Rates
- Nominal Effective Tax Rates
- Real Effective Tax Rates
- Alternative Effective Tax Rate Measure
- FIGURES & TABLES
- REFERENCES