Corporate taxes : reform issues and evaluation of federal expenditures / Brianne Nathanson, editor.

Format:

Book

Contributor:

Nathanson, Brianne, editor.

Series:

Government procedures and operations.

Government Procedures and Operations

Language:

English

Subjects (All):

Corporations--Taxation--United States.

Corporations.

Corporations--Taxation.

United States.

Physical Description:

1 online resource (131 p.)

Place of Publication:

New York, New York : Nova Science Publishers, Inc., 2015.

Language Note:

English

Summary:

Tax expenditures-special exemptions and exclusions, credits, deductions, deferrals, and preferential tax rates claimed by corporations, individuals, or both-support federal policy goals but result in revenue forgone by the federal government. Congress and the administration are reexamining tax expenditures used by corporations as part of corporate tax reform. This book describes trends in the number of corporate tax expenditures and estimated corporate revenue losses since 1986; describes the use of corporate tax expenditures in 2011; and compares the size of corporate tax expenditures to fede

Contents:

""CORPORATE TAXES: REFORM ISSUES AND EVALUATION OF FEDERAL EXPENDITURES""; ""CORPORATE TAXES: REFORM ISSUES AND EVALUATION OF FEDERAL EXPENDITURES""; ""Library of Congress Cataloging-in-Publication Data""; ""Contents""; ""Preface""; ""Chapter 1: Corporate Tax Expenditures: Information on Estimated Revenue Losses and Related Federal Spending Programs""; ""Why GAO Did This Study""; ""What GAO Recommends""; ""What GAO Found""; ""Abbreviations""; ""Background""; ""Estimated Revenue Losses from Corporate Tax Expenditures and the Number of Corporate Tax Expenditures Have Increased Since 1986""

""More Than Two-Thirds of Corporate Tax Expenditures Are Also Used by Individuals""""Corporate Tax Expenditures Span Many Budget Functions; One-Third of Corporate-Only Tax Expenditures Share a Similar Purpose with Federal Spending Programs""; ""Corporate Tax Expenditures Span Many Budget Functions, and Estimated Corporate Revenue Losses Are Concentrated in Two Budget Functions""; ""Corporate-Only Tax Expenditures Support Certain""; ""Activities or Entities and May Seek to Contribute to Broader National Results""; ""One-Third of the Tax Expenditures Used Only by""

""Corporations Appear to Share a Similar Purpose with Federal Spending Programs""""Agency Comments and Our Evaluation""; ""Appendix I. Objectives, Scope, and Methodology""; ""Trend Analysis of Treasury Tax Expenditure Estimates""; ""Fiscal Year 2011 Analysis of Treasury Tax Expenditure Estimates and Internal Revenue Service Data on Number""; ""of Recipients""; ""Comparison of Estimated Revenue Losses and Federal Outlays and Reported Purpose and Those Federal Activities That Appear to Share a Similar Purpose""

""Appendix II. Fifty-Six Tax Expenditures with Estimated Corporate and Individual Revenue Losses Reported by Treasury, by Largest Estimated Corporate Revenue Losses, 2011""""Appendix III. Twenty-Four Tax Expenditures with Only Estimated Corporate Revenue Losses Reported by Treasury, by Largest Estimated Corporate Revenue Losses, 2011""; ""Appendix IV. Number of Corporate Taxpayer Recipients for Corporate-Only""; ""Tax Expenditures, 2010""; ""Appendix V. Reported Purpose Supporting a Specific Activity or Entity for 24 Corporate- Only Tax Expenditures""

""Appendix VI. Federal Activities That Appear to Share a Similar Purpose to 24 Corporate-Only Tax Expenditures""""End Notes""; ""Chapter 2: Corporate Tax Expenditures: Evaluations of Tax Deferrals and Graduated Tax Rates*""; ""Why GAO Did This Study""; ""What GAO Recommends""; ""What GAO Found""; ""Abbreviations""; ""Background""; ""Evaluation of Tax Deferrals""; ""Deferral Is Viewed by Many as Promoting Competitiveness""; ""Numerous Business Decisions Are Affected by Deferral and Each Has Consequences for Efficiency""

""Informed Judgments about Deferral�s Equity Require Information about Ultimate Beneficiaries""

Notes:

Includes index.

Description based on online resource; title from PDF title page (ebrary, viewed January 21, 2015).

ISBN:

1-63463-659-7

OCLC:

899739126