Cross-country Emission Tax Effect of Mergers

2020 ◽  
pp. 097674792095809
Author(s):  
Mahelet G. Fikru ◽  
Luis Gautier
Keyword(s):  
Policy Change ◽  
The Other ◽  
Emission Tax ◽  
Profit Shifting ◽  
Other Hand ◽  
Cross Country ◽  
Tax Effect ◽  
Polluting Firms ◽  
Regulatory Landscape

Recent studies show that mergers among polluting firms could affect the regulatory landscape of the industry and trigger a policy change. Using a two-country model, this study examines the effect of a merger size, as measured by the number of merging firms, on the optimal emission tax of another country. We show that, if pollution damages are not too large, a decline in the size of a merger reduces production and profits in that country, which affords a larger tax in the other country due to smaller profit-shifting concerns. On the other hand, if pollution damages are extremely large, a reduction in the size of a merger in one country reduces production in that country, but it also reduces production and emissions in the other country. Thus, the latter can induce a smaller emission tax. The change in the emission tax in both scenarios is consistent with cooperative outcomes.

scholarly journals Amazon, Medtronic, the OECD on Risk Analysis: Thesis on Transfer Pricing

2017 ◽  
Author(s):  
Charles Edward Andrew Lincoln
Keyword(s):  
Supply Chains ◽  
Transfer Pricing ◽  
The United States ◽  
The Other ◽  
Profit Shifting ◽  
Agency Relationships ◽  
Other Hand ◽  
International Tax ◽  
Tax Court ◽  
The U.S

The mission of this thesis is to demonstrate the diverging adherence to contracts of the OECD and US in risk allocation for transfer pricing purposes as featured in BEPS Actions 8-10. The OECD adopts a principal of objective behavioral—non-agency—analysis of economic activity, which is impracticable and unworkable. The OECD denies that accurate legal contracts accurately delineate legal relationship. This implies an inherent fraud in corporate business management, which if true would be criminal in most countries—the OECD is implying everything in writing is a lie. The OECD denies the tax implications of principle-agent legal agency relationships as defined by contract law in its transfer pricing recommendations. On the other hand, the U.S. Tax Court still looks to the agency relationships between corporate entities. The U.S. Tax Court follows the correct approach.Corporate management can be divided between principle and agents. People usually think about management and shareholders, but there are also risk managers and asset managers that can be bifurcated. In terms of management, the bottom of the hierarchy is the managers of the factories. The capital fund managers or the shareholders have all the power—it will be taxed here not at the managers of the factories. The managers at the top of the hierarchy will get the highest level of remuneration. Reliance on contract is the only way that makes sense. Tax is based on legal—rather than equitable—matters. How would one tax equity?Two polar opposites define the alternative approaches to the proper appraisal of income for purposes of taxation for transfer pricing. On the one hand, the United States Tax Court has focused largely on contractual language and terms of agreement. On the other, hand the OECD through BEPS jurisdictions (most of the rest of the world where policies have been formulated) choose to analyze actual economic behavior and reality independent of the mere words chosen by the parties.Globalization and technology have greater importance in our daily lives every day. As technology and industrial processes grow every day, technology leads to greater globalization, and greater globalization of supply chains leads to more efficient and efficient technology. For example, years ago, heart problems would lead to death, but now small “battery” type instruments (pacemakers) can prevent heart attacks. The examples of the health benefits from technology are endless.As technology becomes greater and more efficient, globalization has also created supply chains and industrial production processes that are no longer local. As global supply chains increase in complexity, profits need to be properly allocated to certain jurisdictions for taxation purposes—to raise revenue support government functions for society’s benefit. This is a fundamental issue of international taxation. The leading principle for the allocation is the arm’s length principle, according to which related enterprises must charge prices that would have been charged in the open market. Although the principle’s goal aims at avoiding profit shifting, multinational enterprises for years used to shift profits to low tax jurisdictions to avoid taxes in high tax jurisdictions. In the early part of the 21st century increased to attention to these phenomena has lead to the OECD’s Base Erosion and Profit Shifting (BEPS) project to combat this harmful tax competition. This is the most groundbreaking change to the international tax treaty framework since the 1920s—that was initially set up to facilitate cross-border trade. This BEPS project has led to fundamental proposals—as a type of model law—to change the international tax system.

scholarly journals Atletas em movimento: abordagem teórica às migrações de trabalho desportivo

2017 ◽  
Vol 1 (1) ◽  
pp. 52
Author(s):  
Carlos Nolasco
Keyword(s):  
Theoretical Approach ◽  
The Other ◽  
Country Of Birth ◽  
Theoretical Approaches ◽  
Other Hand ◽  
Economic Forces ◽  
Cross Country ◽  
Broad Understanding

ResumoNo desporto contemporâneo é comum encontrar atletas a representar equipas de nacionalidades que não a sua, sendo que em algumas modalidades os jogadores estrangeiros se encontram em maioria em relação aos nacionais. Por outro lado é também comum constatar a presença de atletas que, em virtude de mudança de nacionalidade, representam outros países que não o seu. Estas situações resultam de migrações de trabalho desportivo, em que os atletas à semelhança de outros trabalhadores atravessam fronteiras de países, impelidos por forças sociais, políticas e económicas que os transcendem. As abordagens teóricas feitas a este fenómeno, apesar de recentes, permitem uma compreensão ampla das dinâmicas e complexidades. Este texto propõe-se problematizar as migrações de trabalho desportivo no âmbito das migrações gerais, revisitando as elaborações teóricas que interpretaram esta mobilidade de atletas.Palavras-chave: Migrações. Migrações de Trabalho Desportivo. Desporto. Globalização. Sistema-Mundo.Athletes in motion: theoretical approach to migrations of workers of sportAbstractIn contemporary sport it is common to find athletes representing teams of nationalities other than their own, and in some sports foreign players are majority compared to national players. On the other hand, it is also common to note the presence of athletes who, due to the change of nationality, represent other countries than their country of birth. These situations result from the migration of workers of sport, in which athletes, like other workers, cross country borders driven by social, political and economic forces that transcend them. The theoretical approaches to this phenomenon, although recent, allow a broad understanding of dynamics and complexities. This text proposes to problematize the migrations of workers of sport in the scope of the general migrations, revisiting theoretical elaborations that interpreted this mobility of athletes.Keywords: Migration. Workers of Sport Migration. Sport. Globalization. World-System.Atletas en movimiento: enfoque teórico a las migraciones de trabajo deportivoResumenEn el deporte contemporáneo es común encontrar atletas a representar equipos de nacionalidades que no la suya, siendo que en algunas modalidades los jugadores extranjeros se encuentran en su mayoría en relación a los nacionales. Por otro lado es también común constatar la presencia de atletas que, en virtud de cambio de nacionalidad, representan otros países que no el suyo. Estas situaciones resultan de migraciones de trabajo deportivo, en que los atletas a semejanza de otros trabajadores atravesan fronteras de países, impulsados por fuerzas sociales, políticas y económicas que los trascienden. Los enfoques teóricos hechos a este fenómeno, a pesar de los recientes, permiten una comprensión amplia de las dinámicas y complejidades. Este texto se propone problematizar las migraciones de trabajo deportivo en el marco de las migraciones generales, revisitando las elaboraciones teóricas que interpretaron esta movilidad de atletas.Palabras clave: Migraciones. Migraciones de Trabajo Deportivo. Deportes. Globalización. Sistema-Mundo.

EMISSION TAXES AND STANDARDS IN A GENERAL EQUILIBRIUM WITH PRODUCTIVITY DISPERSION AND ABATEMENT

2016 ◽  
Vol 21 (8) ◽  
pp. 1857-1886
Author(s):  
Zhe Li ◽  
Shouyong Shi
Keyword(s):  
General Equilibrium ◽  
Market Power ◽  
Equilibrium Model ◽  
Emission Intensity ◽  
General Equilibrium Model ◽  
The Other ◽  
Emission Tax ◽  
Emission Taxes ◽  
Abatement Technology ◽  
Other Hand

We incorporate emission into a general equilibrium model with rich dispersion in productivity among monopolistically competitive plants. Emission is modeled as a by-product of goods production. An abatement technology is available to the plants for reducing emission. We compare an emission tax with an emission intensity standard. The tax is shown to dominate the standard in welfare for all values of market power if either productivity is sufficiently dispersed or the abatement technology is not effective. On the other hand, if productivity dispersion is small and the abatement technology is effective, there exists sufficiently strong market power so that the standard will dominate the tax in welfare. Even in the case where the standard unambiguously induces a higher output of dirty goods than the tax, the general equilibrium framework is necessary for ranking the two policies in welfare.

A study of cometary eruptions through OH radio-lines

1999 ◽  
Vol 173 ◽  
pp. 249-254
Author(s):  
A.M. Silva ◽  
R.D. Miró
Keyword(s):  
Short Duration ◽  
Growth Curves ◽  
The Other ◽  
Initial Mass ◽  
Radio Lines ◽  
Other Hand ◽  
Sudden Rise

AbstractWe have developed a model for theH2OandOHevolution in a comet outburst, assuming that together with the gas, a distribution of icy grains is ejected. With an initial mass of icy grains of 108kg released, theH2OandOHproductions are increased up to a factor two, and the growth curves change drastically in the first two days. The model is applied to eruptions detected in theOHradio monitorings and fits well with the slow variations in the flux. On the other hand, several events of short duration appear, consisting of a sudden rise ofOHflux, followed by a sudden decay on the second day. These apparent short bursts are frequently found as precursors of a more durable eruption. We suggest that both of them are part of a unique eruption, and that the sudden decay is due to collisions that de-excite theOHmaser, when it reaches the Cometopause region located at 1.35 × 105kmfrom the nucleus.

Closing the GAP—A 5Å Scanning Microscope

1969 ◽  
Vol 27 ◽  
pp. 6-7
Author(s):  
A. V. Crewe
Keyword(s):  
Normal Form ◽  
The Other ◽  
Resolving Power ◽  
Scanning Microscope ◽  
Conventional Microscope ◽  
Other Hand ◽  
Closing The Gap ◽  
Thermal Sources ◽  
Better Than ◽  
Transmission Microscope

We have become accustomed to differentiating between the scanning microscope and the conventional transmission microscope according to the resolving power which the two instruments offer. The conventional microscope is capable of a point resolution of a few angstroms and line resolutions of periodic objects of about 1Å. On the other hand, the scanning microscope, in its normal form, is not ordinarily capable of a point resolution better than 100Å. Upon examining reasons for the 100Å limitation, it becomes clear that this is based more on tradition than reason, and in particular, it is a condition imposed upon the microscope by adherence to thermal sources of electrons.

Life Beyond 1MeV

1980 ◽  
Vol 38 ◽  
pp. 30-33
Author(s):  
K.H. Westmacott
Keyword(s):  
Electron Microscopy ◽  
Past Experience ◽  
The Other ◽  
Good Case ◽  
Other Hand ◽  
The U.S

Life beyond 1MeV – like life after 40 – is not too different unless one takes advantage of past experience and is receptive to new opportunities. At first glance, the returns on performing electron microscopy at voltages greater than 1MeV diminish rather rapidly as the curves which describe the well-known advantages of HVEM often tend towards saturation. However, in a country with a significant HVEM capability, a good case can be made for investing in instruments with a range of maximum accelerating voltages. In this regard, the 1.5MeV KRATOS HVEM being installed in Berkeley will complement the other 650KeV, 1MeV, and 1.2MeV instruments currently operating in the U.S. One other consideration suggests that 1.5MeV is an optimum voltage machine – Its additional advantages may be purchased for not much more than a 1MeV instrument. On the other hand, the 3MeV HVEM's which seem to be operated at 2MeV maximum, are much more expensive.

Can the Academic Self-Concept be Positive and Realistic?

2005 ◽  
Vol 19 (3) ◽  
pp. 129-132 ◽  
Author(s):  
Reimer Kornmann
Keyword(s):  
Academic Performance ◽  
Opposite Effect ◽  
Self Esteem ◽  
Point Of View ◽  
The Other ◽  
Self Concept ◽  
High Ability ◽  
Self Image ◽  
Other Hand

Summary: My comment is basically restricted to the situation in which less-able students find themselves and refers only to literature in German. From this point of view I am basically able to confirm Marsh's results. It must, however, be said that with less-able pupils the opposite effect can be found: Levels of self-esteem in these pupils are raised, at least temporarily, by separate instruction, academic performance however drops; combined instruction, on the other hand, leads to improved academic performance, while levels of self-esteem drop. Apparently, the positive self-image of less-able pupils who receive separate instruction does not bring about the potential enhancement of academic performance one might expect from high-ability pupils receiving separate instruction. To resolve the dilemma, it is proposed that individual progress in learning be accentuated, and that comparisons with others be dispensed with. This fosters a self-image that can in equal measure be realistic and optimistic.

Stories and the Self

2020 ◽  
Vol 32 (2) ◽  
pp. 47-58 ◽  
Author(s):  
Stefan Krause ◽  
Markus Appel
Keyword(s):  
Meta Analysis ◽  
The Self ◽  
The Other ◽  
Lower Degree ◽  
Contrast Effects ◽  
Self Perception ◽  
Self Perceptions ◽  
Other Hand ◽  
The One ◽  
Implicit And Explicit

Abstract. Two experiments examined the influence of stories on recipients’ self-perceptions. Extending prior theory and research, our focus was on assimilation effects (i.e., changes in self-perception in line with a protagonist’s traits) as well as on contrast effects (i.e., changes in self-perception in contrast to a protagonist’s traits). In Experiment 1 ( N = 113), implicit and explicit conscientiousness were assessed after participants read a story about either a diligent or a negligent student. Moderation analyses showed that highly transported participants and participants with lower counterarguing scores assimilate the depicted traits of a story protagonist, as indicated by explicit, self-reported conscientiousness ratings. Participants, who were more critical toward a story (i.e., higher counterarguing) and with a lower degree of transportation, showed contrast effects. In Experiment 2 ( N = 103), we manipulated transportation and counterarguing, but we could not identify an effect on participants’ self-ascribed level of conscientiousness. A mini meta-analysis across both experiments revealed significant positive overall associations between transportation and counterarguing on the one hand and story-consistent self-reported conscientiousness on the other hand.

Don’t Put Me in This Group

2019 ◽  
Vol 50 (2) ◽  
pp. 80-93
Author(s):  
Jort de Vreeze ◽  
Christina Matschke
Keyword(s):  
Positive Emotions ◽  
Negative Emotions ◽  
Negative Information ◽  
The Self ◽  
The Other ◽  
Other Hand ◽  
Group Memberships

Abstract. Not all group memberships are self-chosen. The current research examines whether assignments to non-preferred groups influence our relationship with the group and our preference for information about the ingroup. It was expected and found that, when people are assigned to non-preferred groups, they perceive the group as different to the self, experience negative emotions about the assignment and in turn disidentify with the group. On the other hand, when people are assigned to preferred groups, they perceive the group as similar to the self, experience positive emotions about the assignment and in turn identify with the group. Finally, disidentification increases a preference for negative information about the ingroup.

ON THE OTHER HAND

1961 ◽  
Vol 6 (6) ◽  
pp. 222-223
Author(s):  
Edwin G. Boring
Keyword(s):  
The Other ◽  
Other Hand
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