Investment Income Tax Issues Papers - Contents and Download
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Contents
You may open issues papers directly via the links on 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