Allocating business income between capital and labor under a dual income tax the case of Iceland /
"In contrast to most Scandinavian countries, Iceland allocates the income of closely held businesses (CHBs) between capital and labor based on administratively set minimum wages rather than an imputed return to book assets. This paper contrasts the relative tax burdens of the current minimum wa...
| Основни автори: | Matheson, Thornton, (Author), Kollbeins, Pall, (Author) |
|---|---|
| Формат: | Електронен |
| Език: | English |
| Публикувано: |
[Washington, D.C.] :
International Monetary Fund,
℗♭2012.
|
| Серия: |
IMF working paper ;
WP/12/263. |
| Предмети: | |
| Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=516430 |
| Подобни документи: |
Print version::
Allocating Business Income between Capital and Labor under a Dual Income Tax: The Case of Iceland. |
Съдържание:
- Cover; Abstract; Contents; I. Introduction; II. Capital-Based vs. Labor-Based Allocation Methods; Figures; 1. Marginal Tax Rates for GAM and MWM; 2. Average Tax Rates for GAM and MWM; 3. Evolution of Income Tax Rates, Iceland 1990-2010; III. Iceland's Dual Income Tax; A. The Minimum Wage Allocation Method; 4. Number of Businesses by Type, Iceland 1999-2010; Tables; 1. Evolution of Statutory Minimum Wages for CHBs in Iceland, 2000-10; B. The 20/50 Allocation Method; 2. CHB Wages and Dividends 2000-09; 3. Simulation of Shift from MWM to 20/50 Method for Tax Years 2000-09.
- 5. MTRs for Different Forms of BusinessC. Asset-Based Allocation Methods: NAM and GAM; 6. Change in Numbers of Businesses by Type, Iceland 2000-10; 4. GAM Annual Totals 2000-09; 5. NAM Annual Totals 2000-09; 6. GAM Income Distribution 2009; 7. NAM Income Distribution 2009; 8. GAM 7 Percent Sectoral Distribution 2009; 9. GAM 15 Percent Sectoral Distribution 2009; 10. NAM 7 Percent Sectoral Distribution 2009; IV. Conclusions and Areas for Further Research; 11. NAM 15 Percent Sectoral Distribution 2009; References.