ÿþ<html> <head> <meta http-equiv="content-type" content= "text/html; charset=ansi-code"> <title>Cash flow taxes</title> <style> h1 {font-size = 20pt; color: brown; font-weight: bold} h2 {font-size = 10pt; color: brown; font-weight: bold} h3 {font-size = 15pt; color: brown; font-weight: bold} </style> </head> <body leftmargin="20" topmargin="0" marginwidth="20" link="brown" vlink="dark orange" alink="peru" bgcolor="#ffffcc"> <table> <tr> <td width=30% align="left" valign="top"><b><font size="9" color="red">"</font></b> <b><font size="5" color="brown">MyProject</font></b> <b><font size="3" color="brown">®</font></b></td> <td><p align="right"><b><font size="6" color="brown">Cash Flow Taxes</font></b></p></td> </tr> </table> <hr width="100%" size="1" color="brown" align="centre" noshade> <h1>Background</h1> <p>Cash flow taxes are designed to tax above normal profits (economic rent) from investments and to have minimal effect on investment decisions.</p> <p>A Brown Tax is a 'pure' form of cash flow taxation. A Resource Rent Tax is a practical version of a Brown Tax.</p> <p>Simulations of the effects of cash flow taxes on investment projects, in the presence of income taxation if desired, can be undertaken by the <a href="http://www.kyscope.com.au/myproject">MyProject</a> computer package.</p> <h1>Papers</h1> <dl> <dd><h3><a href="RRThistory.html">Potted history of resource rent taxation in Australia</a></h3> </dl> <dl> <dd><h3><a href="RentRoyalties.html">Neutrality of cash flow taxes</a></h3> </dl> <dl> <dd><h3><a href="RRTMisconceptions.html">Common misconceptions concerning resource rent taxes</a></h3> </dl> <hr width="100%" size="1" color="brown" align="centre" noshade> <br><br> <br><br><br><br><br><br> <font size="2">&copy; Copyright Wayne Mayo 2012</font> <!-- Start of StatCounter Code for Default Guide --> <script type="text/javascript"> var sc_project=7533690; var sc_invisible=1; var sc_security="6b376a5f"; </script> <script type="text/javascript" src="http://www.statcounter.com/counter/counter.js"></script> <noscript><div class="statcounter"><a title="tumblr site counter" href="http://statcounter.com/tumblr/" target="_blank"><img class="statcounter" src="http://c.statcounter.com/7533690/0/6b376a5f/1/" alt="tumblr site counter"></a></div></noscript> <!-- End of StatCounter Code for Default Guide --> </body> </html>