£67.59

Offshore Profit Shifting & U.S. Tax Code Weaknesses: Analyses & the Apple Inc Case Study (Economic Issues, Problems and Perspectives)

Trade & Tax Balance

Price data last checked 51 day(s) ago - refreshing...

View at Amazon

Price History & Forecast

Last 40 days • 40 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 40 days • 2 price levels

Days at Price

Current Price

Price Analysis

Most common price: £65 (39 days, 97.5%)

Price range: £65 - £68

Price levels: 2 different prices over 40 days

Description

On 21 May 2013, the Permanent Subcommittee on Investigations (PSI) of the U.S. Senate Homeland Security and Government Affairs Committee held a hearing that was a continuation of a series of reviews conducted by the Subcommittee on how individual and corporate taxpayers are shifting billions of dollars offshore to avoid U.S. taxes. This book examines those hearings and how Apple Inc., a U.S. multinational corporation, has used a variety of offshore structures, arrangements, and transactions to shift billions of dollars in profits away from the United States and into Ireland, where Apple has negotiated a special corporate tax rate of less than two percent. This book examines how Apple Inc. transferred the economic rights to its intellectual property through a cost sharing agreement with its own offshore affiliates, and was thereby able to shift tens of billions of dollars offshore to a low tax jurisdiction and avoid U.S. tax. Apple Inc then utilised U.S. tax loopholes, including the so-called "check-the-box" rules, to avoid U.S. taxes on $44 billion in taxable offshore income over the past four years, or about $10 billion in tax avoidance per year. The book also examines some of the weaknesses and loopholes in certain U.S. tax code provisions, including transfer pricing, Subpart F, and related regulations, that enable multinational corporations to avoid U.S. taxes.

Product Specifications

Format: hardcover
ASIN: 1628084790
Category: Books > Subjects > Business, Finance & Law > Accounting > Specialities > Trade & Tax Balance
Domain: Amazon UK
Release Date: 01 September 2013
Listed Since: 29 June 2013

Barcode

No barcode data available

Offshore Profit Shifting & U.S. Tax Code Weaknesses: Analyses & the Apple Inc Case Study (Economic Issues, Problems and Perspectives)

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Corporate Profit Shifting: An Examination of Data, Issues, & Curbs

Offshore Tax Evasion: A Review of Voluntary Disclosure Programs (Economic Issues, Problems and Perspectives)

Nova Science Corporate Inversions - Tax Reform & Motivation

OFFSHORE TAX EVASION: U.S. Efforts to Collect Unpaid Taxes & the Credit Suisse Case (Government Procedures and Operations)

Jurisdiction to Tax Corporate Income Pursuant to the Presumptive Benefit Principle: A Critical Analysis of Structural Paradigms Underlying Corporate ... for Reform (International Taxation, 70)

International Tax Evasion in the Global Information Age

Global Tax Governance: What is Wrong with It and How to Fix It

TAXING US MULTINATIONAL CORPORATIONS: Policy Options & Considerations (Business Economics in a Rapidly-changing World)

The Intellectual Property Holding Company: Tax Use and Abuse from Victoria's Secret to Apple (Cambridge Intellectual Property and Information Law)

International Taxation in America, 2013 Edition - CREATESPACE

Tax Havens: How Globalization Really Works (Cornell Studies in Money)

Kluwer Law International - Structuring Cross-Border Transactions

Springer - Regulation of Corporate Tax Avoidance (Ius Gentium 12)

Corporate & International Taxation: Analyses & Reforms (Economic Issues, Problems and Prespectives)

Transfer Pricing in Action

Tax Arbitrage: Trawling the International Tax System

Transfer Pricing in a Post-BEPS World (EUCOTAX Series on European Taxation)

Kluwer Law International - Double Non-taxation and Hybrid Entities

Springer Transfer Pricing and Valuation in Corporate Taxation

Outlaw Paradise: Why Countries Become Tax Havens

Combating Fiscal Fraud and Empowering Regulators: Bringing tax money back into the COFFERS

Selectivity in State Aid Law and the Methods for the Allocation of the Corporate Tax Base (Eucotax Series on European Taxation)

International Business Taxation: A Study in the Internationalization of Business Regulation

Foreign Earned Income Tax Exclusion for Individuals: Analyses & Alternatives