Own-account work is falling slightly across the United States and European OECD countries

2021 ◽  
Keyword(s):  
United States ◽  
The United States ◽  
Oecd Countries

scholarly journals Income Tax Complexity Faced by Multinational Corporations: A Comparative Study of Canada, the United States, and Other Selected OECD Countries

2021 ◽  
Vol 69 (3) ◽  
pp. 745-790
Author(s):  
Susann Sturm
Keyword(s):  
United States ◽  
Multinational Corporations ◽  
Income Tax ◽  
Transfer Pricing ◽  
The United States ◽  
Oecd Countries ◽  
The Us ◽  
Tax Complexity ◽  
Medium Level ◽  
Foreign Corporations

This study examines the complexity of Canada's corporate income tax system from the perspective of multinational corporations and compares it with the complexity of the US system, also taking into account measures of complexity for 19 other member countries of the Organisation for Economic Co-operation and Development (OECD). The author finds that with regard to the Canadian tax code, the most complex laws are those on corporate reorganization, transfer pricing, and controlled foreign corporations, and with regard to the Canadian tax framework, the most complex areas are tax audits, tax-law enactment, and tax guidance. In comparison with other OECD countries, Canada is remarkably similar to the United States. Both countries have a medium level of overall complexity, and both have a more complex tax code but a less complex tax framework than other countries. However, a closer examination of the Canadian and US tax codes and tax frameworks reveals some significant differences in complexity levels, particularly in respect of certain tax laws.

Chapter II. The World Economy

1974 ◽  
Vol 70 ◽  
pp. 23-37
Keyword(s):  
United States ◽  
World Economy ◽  
Developed Countries ◽  
The United States ◽  
Oecd Countries ◽  
The Other ◽  
Industrial Countries ◽  
The World ◽  
World Economic ◽  
Economic Position

The world economic position and prospects have worsened further in the last three months. In the United States and Japan, in particular, recessionary conditions are proving to be more marked and more prolonged than we had expected, and it looks as though by the end of the year all the major industrial countries, with the possible exception of France, will have experienced at least one quarter in which output has fallen or at best shown no appreciable rise. The other developed countries have fared better, but we no longer expect there to be any growth of output in the OECD area either in the second half of the year or in the year as a whole. In 1975 the position should be rather better, at least by the second half. We expect OECD countries' aggregate GNP to grow by about 2 per cent year-on-year and nearly 3 per cent between the fourth quarters of 1974 and 1975.

Chapter II. The World Economy

1971 ◽  
Vol 56 ◽  
pp. 22-35
Keyword(s):  
United States ◽  
North America ◽  
World Economy ◽  
Western Europe ◽  
The United States ◽  
Oecd Countries ◽  
Industrial Countries ◽  
Slowing Down ◽  
The World ◽  
Real Growth

Developments in the world economy have on the whole been much as we predicted in February. It is becoming increasingly clear that renewed expansion is under way in the United States at a pace which, even if it falls short of the Administration's hopes, is more than compensating for the slowing down in industrial countries outside North America. This deceleration has become quite marked in Japan as well as Western Europe, but we expect a faster pace to be resumed before the end of the year. We still put real growth in OECD countries at around 4 per cent in 1971, unless there is a prolonged steel strike in the United States. This compares with about 2½ per cent last year, and we expect the rising trend to continue into 1972.

Chapter II. The World Economy

1976 ◽  
Vol 77 ◽  
pp. 33-49
Keyword(s):  
United States ◽  
Industrial Production ◽  
World Economy ◽  
Early Stage ◽  
The United States ◽  
Oecd Countries ◽  
The Third ◽  
The World ◽  
Trading Partners ◽  
To Come

It is now clear that output in the OECD countries rose even faster in the early stage of the recovery than we had previously supposed. Between the third quarter of 1975 and the first quarter of 1976 their aggregate GDP appears to have increased at an annual rate of 7 per cent and their industrial production at 12 per cent. By the second quarter, however, stock movements were probably making a substantially smaller contribution to the expansion of demand. The rate of growth of industrial production has slowed down considerably since the spring and the same is probably true of GDP, particularly in view of the effects of the drought on European agricultural output. By the second half of next year we expect the deceleration to become more pronounced in the major countries, particularly the United States. The smaller countries have, however, been lagging behind their bigger trading partners in the recent cycle and their phase of rapid recovery is probably yet to come. In all we expect OECD countries' aggregate GDP to increase in volume by 5½–6 per cent this year and 5 per cent in 1977.

The Permissibility of Crowd Funding Within South Asia

2019 ◽  
pp. 951-965
Author(s):  
Michael D'Rosario ◽  
Aaron Busary ◽  
Kairav Raval
Keyword(s):  
United States ◽  
South Asia ◽  
South Asian ◽  
The United States ◽  
Oecd Countries ◽  
The South ◽  
Asian Region ◽  
Jobs Act ◽  
Regulatory Models ◽  
South Asian Region

The chapter will extend upon the extant literature by considering the permissibility of crowdfunding practices within the South Asian region. There is a genuine dearth of research considering these matters, with little research considering the history and permissibility of crowdfunding methodologies within the noted nations. As such the contribution of the chapter is twofold, firstly it represents amongst the first coherent assessments of the use of crowdsourcing based fundraising methodologies within the South Asian region. Secondly it responds to the dearth of research considering the legal permissibility of such practices within the noted nations, while also contrasting the regulatory models of India, Bangladesh, and Sri Lanka with the regulatory models evidenced within selected OECD countries and pertinently the recently reformed model of regulation within the United States, specifically chapter 12 of the Jobs Act (2013).

The United States Is No Longer a Land of Upward Mobility and Opportunity

2021 ◽  
pp. 127-135
Author(s):  
Mark Robert Rank ◽  
Lawrence M. Eppard ◽  
Heather E. Bullock
Keyword(s):  
United States ◽  
Adult Children ◽  
American Dream ◽  
Intergenerational Mobility ◽  
Upward Mobility ◽  
The United States ◽  
Oecd Countries ◽  
Industrialized Countries ◽  
The Past ◽  
Better Than

Chapter 16 explores the extent of economic mobility in the United States compared with other industrialized countries. The amount of relative intergenerational mobility as measured by the intergenerational elasticity statistic is lower in the United States than in most other OECD countries. Furthermore, the extent to which adult children are earning more than their parents has been declining over the past 50 years. The American dream of each generation doing economically better than the previous generation is becoming harder to achieve. We are a society in which the rungs on the ladder of opportunity have grown further apart, resulting in greater numbers of Americans struggling and falling further behind.

Coal: Abundant But Problematic

2016 ◽  
Author(s):  
Michael B. McElroy
Keyword(s):  
United States ◽  
Natural Gas ◽  
Co2 Emissions ◽  
Energy Use ◽  
The United States ◽  
Oecd Countries ◽  
Time Interval ◽  
Economic Activities ◽  
Unit Energy ◽  
Asian Pacific

coal accounted for 30.3% of total global energy consumption in 2011, the highest share since 1969 (BP 2012a). Since coal on a per unit energy basis is the most prolific of the fossil fuels in terms of CO2 emissions, this fact alone underscores the magnitude of the challenge we face in addressing the climate issue. Emissions of CO2 from oil and natural gas, expressed on a per unit energy basis, amount to approximately 78% and 54% of those from coal. In 2010, 43% of global CO2 emissions were derived from coal, 36% from oil, and 20% from natural gas. China was responsible for 49.3% of total coal consumed worldwide in 2011. The United States (13.5%), India (7.9%), and Japan (3.2%) ranked 2 through 4. Consumption in the Asian Pacific region amounted to 71.2% of the global total in 2011, as compared to 14.3% in North America (the United States, Canada, and Mexico) and 13.4% in Europe and Eurasia (including the Russian Federation and Ukraine). Coal accounted for 70% of total energy use in China in 2011 (65.5% in 2013), as compared to 22% in the United States. Use of coal increased in China by 9.7% in 2011 relative to 2010. In contrast, consumption in the United States declined by 0.46% over the same period. BP (2012b) projects that demand for coal in OECD countries will decrease by 0.8% per year between 2011 and 2030. The projected falloff in OECD countries is offset by growth of 1.9% per year over the same time interval in non- OECD countries. China, in the BP projection, remains the world’s largest consumer of coal in 2030 (52% of total global consumption). The growth rate in China is expected to drop, though, from 9% per year over the decade 2000 to 2010, to 3.5% between 2010 and 2020, falling further to 0.4% between 2020 and 2030. The trend, as indicated in the BP analysis, reflects the assumption of a shift to less coal- intensive economic activities, combined with an improvement in overall energy efficiency. India is projected to surpass the United States in terms of total demand for coal by 2024.

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