On the Timeliness of Tax Reform

This paper analyzes efficient reactions of policy makers to unanticipated tax avoidance. The strategy of many governments is to reform their tax laws and regulations to reduce the effectiveness of elaborate tax avoidance techniques as soon as they are identified. This tax reform process can successfully prevent the widespread use of new tax avoidance strategies, and in that way prevents erosion of the tax base. But it also encourages the rapid development of new tax avoidance techniques by innovators whose competitors are thereby unable to copy their methods -- as a consequence of which, there can be a great premium on being the first to develop and use a new tax avoidance method. An activist reform agenda may therefore divert greater resources into tax avoidance activity, and lead to a faster rate of tax base erosion, than would a less reactive government strategy. Efficient government policy therefore often entails a slow and deliberate pace of tax reform in response to taxpayer innovation.

Accelerated cost recovery system

https://egrove.olemiss.edu/dl_dhs/1032/thumbnail.jp

INFLUENCE OF ACCOUNTING BALANCE INDICATORS ON INVESTMENT EVALUTION

The work considers essential matters of cash flow return on investments. The basic of CFROI® methodology  is the idea  of a company as the integrity of projects. Those projects have different moments and terms of development and effect as well as the various rates of payback. Subject to the goals of the analysis, they are represented as a single consolidated project which generates cash flows within the term of useful life of those assets to which the investments are aimed. The CFROI® is based on the main idea – to determine the inflation-adjusted cash flows in favor of every capital owner and to compare them with the inflation-adjusted historical investments which have been put in the business in consideration of the depreciated cost of non-depreciable  assets according to the internal rate. The work focuses on the detailed analysis of the CFROI® components. All components are considered separately and in connection with each other that makes the single chain determining the cash rate of return on investments. Within the analysis of cash rate of return on investments it is important to determine the duration of life cycle of strategic investments which is directly related to the establishment of the average age of the fixed depreciated tangible assets. When determining the average asset age noteworthy is by what formula it will be calculated. Based on the practical examples the work presents the cases of “artificial rejuvenation” of depreciated assets and “artificial aging” of assets. The work also determines the values of total investments and total cash flows, their effect on calculation of the cash rate of return on investments. Parallel with investments and cash flows there is also considered the role of IRR and MIRR for calculation of CFROI. Together with the investment model of calculation there has been applied calculation with CFROI coefficient which is based on the use of data of the economical depreciation of total investments. Therefore, the operating cash flows are recurrent and reiterated and they create the necessary idea of the profit to be received from a business in future. CFROI® value is measured on the annual basis. It may be subject to modification. Noteworthy is to determine the internal rate of return (IRR) of a business in the current conditions. CFROI® is of analytical predictable  nature. However, it shall be applied with a particular caution. In the final analysis, the purport of the company existence is to return all investments deposited in it and to receive the adequate revenue  which will compensate alternative expenses and bring profit to the company

Planning under the 1981 Economic Recovery Tax Act

Originally published by: Touche Ross & Co.

A study of factors involved in the question of purchase or rental of electronic computer systems

Thesis (M.B.A.)--Boston Universit

Haier online-leasing plan

Classificação JEL: R20; Z120Considering the recent intensified competitiveness that characterizes the market environment of household appliance, Haier being one of them, is striving tooth and nail to barricade itself from the impending dangers that emanate from internal and external environments in order to have competitive advantage. This paper will work on leasing plan of Haier to gain a better profit. The fact that leasing business is still in its early stages in China, but with the high levels of customer loyalty and positive perception of Haier’s hi-tech products, people tend to believe in our products and professional services, so it is easier to get attention from our target customers and become successful in this new area. Besides， China Internet has made great progress in the overall environment, popularization and development of Internet industry applications and that information enlighten us that this may be an opportunity which we can use with leasing plan to reach numerous potential customers. The idea of renting home appliance is interesting for a new business model. Consumer purchase habits are changing, leading quite often nowadays to the emergence of new business models. Following on from house, apartment and vehicle rentals, the rental business has now spread to household goods such as electrical appliances, DIY tools and even clothing. The need to balance household budgets, greater geographical mobility and new consumer habits are all reasons why many people prefer not to invest long term in equipment for the home. In France a start-up called Neo Squat, founded last year, rents out furniture in Paris. Customers choose the length of time they wish to rent and can in the end buy the items if they so wish. It may be a sofa but equally a refrigerator, as household appliance renting seems to be a promising business with numerous advantages.Considerando a crescente e intensificada competitividade que caracteriza o ambiente de mercado dos electrodomésticos, a Haier como um dos principais players, está-se esforçando para se proteger contra os perigos iminentes que emanam dos ambientes internos e externos. Este artigo funcionará no plano de locação da Haier para obter um melhor lucro. O fato de que o negócio de locação ainda estar nos seus estágios iniciais na China, mas com os altos níveis de fidelidade do cliente e a percepção positiva dos produtos de alta tecnologia da Haier, as pessoas tendem a acreditar nos produtos e serviços profissionais, por isso é mais fácil chamar a atenção de nossos clientes-alvo. Além disso, a China fez grandes progressos no ambiente geral da Internet, nomeadamente nos aplicativos. Esta pode ser uma oportunidade que podemos usar com o plano de locação para alcançar numerosos clientes potenciais. A ideia de alugar aparelho doméstico é interessante para um novo modelo de negócio. Os hábitos de compra do consumidor estão mudando, levando bastante frequentemente ao surgimento de novos modelos de negócios. Seguindo a partir de aluguer de casas, veículos e aluguer de veículos, o negócio de aluguer espalhou-se agora para produtos domésticos, como electrodomésticos, ferramentas de bricolage e até roupas. A necessidade de equilibrar orçamentos domésticos, maior mobilidade geográfica e novos hábitos de consumo são razões pelas quais muitas pessoas preferem não investir na propriedade de longo prazo em equipamentos para o lar. Na França, um empreendimento chamado Neo Squat, fundado no ano passado, aluga mobiliário em Paris. Os clientes escolhem o período de tempo que desejam alugar e podem, no final, comprar os itens se assim o desejarem. Pode ser um sofá, mas igualmente um frigorifico, como o aluguer de aparelhos domésticos parece ser um negócio promissor com inúmeras vantagens