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Sample records for economic recovery tax act

  1. The Dutch "Crisis and Recovery Act": Economic recovery and legal ...

    African Journals Online (AJOL)

    In the Netherlands, the 2010 Crisis and Recovery Act aims at speeding up decisionmaking on a wide variety of activities, hoping that after the financial and economic crisis has passed, development projects can immediately be carried out without any delay caused by legal procedures in court or elsewhere. The Act meets ...

  2. the dutch crisis and recovery act: economic recovery and legal crisis

    African Journals Online (AJOL)

    Jonathan

    THE DUTCH CRISIS AND RECOVERY ACT: ECONOMIC RECOVERY AND. LEGAL CRISIS? J Verschuuren. 1 Introduction. Throughout the world, governments are responding to the financial and economic crisis. Such responses vary from supporting the banking system to adopting economic stimulus packages. The latter ...

  3. The Dutch Crisis and Recovery Act: Economic Recovery and Legal Crisis?

    Directory of Open Access Journals (Sweden)

    J Verschuuren

    2010-12-01

    Full Text Available In the Netherlands, the 2010 Crisis and Recovery Act aims at speeding up decisionmaking on a wide variety of activities, hoping that after the financial and economic crisis has passed, development projects can immediately be carried out without any delay caused by legal procedures in court or elsewhere. The Act meets great criticism for many reasons: it allegedly curtails citizen's procedural rights because it focuses almost exclusively on environmental standards as "obstructing" standards that need to be removed, and it infringes international and European Union law. In this note, the legal critique on the Act is analysed. The conclusion is that the sense of urgency surrounding the design of legal measures to address the economic crisis enables the legislature to implement innovations and long-time pending amendments to existing legislation. Most issues have however not been fully or properly considered. Many legal questions will arise when implementing the Act, which will retard rather than expedite projects. It is difficult to predict whether the positive effects of the Crisis and Recovery Act would outweigh the negative aspects. Much depends on the manner in which the authorities will actually apply the Act. Should they implement the Act to its full potential, the effect of the Act in sum will be negative. In that case, the Act may help the economy to recover, but it will bring about a crisis in the legal system. It will, in all probability, also not contribute to sustainable development.

  4. Recovery Act: Billions of Dollars in Education Credits Appear to Be Erroneous. Treasury Inspector General for Tax Administration. Reference Number: 2011-41-083

    Science.gov (United States)

    US Department of the Treasury, 2011

    2011-01-01

    Education credits are available to help offset the costs of higher education for taxpayers, their spouses, and dependents who qualify as eligible students. The American Recovery and Reinvestment Act of 2009 (Recovery Act) amended the Hope Scholarship Tax Credit (Hope Credit) to provide for a refundable tax credit known as the American Opportunity…

  5. Tax incentives and enhanced oil recovery techniques

    International Nuclear Information System (INIS)

    Stathis, J.S.

    1991-05-01

    Tax expenditures-reductions in income tax liability resulting from a special tax provision-are often used to achieve economic and social objectives. The arguments for petroleum production tax incentives usually encompass some combination of enhancing energy security, rewarding risk, or generating additional investment in new technologies. Generally, however, some portion of any tax expenditure is spend on activities that would have occurred anyway. This paper is a review of tax incentives for petroleum production found two to be of questionable merit. Others, including tax preferences for enhanced oil recovery methods, which offered the potential for better returns on the tax dollar. Increased use of enhanced oil recovery techniques could lead to additional environmental costs, however, and these need to be factored into any cost-benefit calculation

  6. Economic and tax issues

    Science.gov (United States)

    Steverson O. Moffat; John L. Greene

    2002-01-01

    Economic conditions and tax policies affect land use decisions everywhere, but their effects on the rate of change in land use are particularly large in the wildland-urban interface. We begin this chapter with a brief economic history of the South and a description of the macroeconomic trends and conditions that affect microeconomics at the wildlandurban interface....

  7. Economic Effects Real Estate Tax

    Directory of Open Access Journals (Sweden)

    Tadić Milan

    2016-06-01

    Full Text Available The real estate tax is usually a fiscal instrument which performs the property tax. When it comes to real property or immovable this term include: apartments, houses, land, cottages, excess housing landscape and more. The real estate tax as a form of the fiscal charges ownership or use of certain forms of real estate, and the revenue from this tax is levied on the area where the property is located regardless of the place of residence of its owner. The tax base for the calculation of this tax usually consists of the market, estimated or annuity value of certain real estate. This form of taxation in the Republic of Serbian applies from 1.1.2012., and its introduction has been replaced by former property taxes. The differences between the two concepts mentioned taxes are numerous and significant. Among the more important are: subject to taxation under the new concept of the real estate rather than law, a taxpayer is any property owner rather than the holder of rights to immovable property tax base is the market value of real estate which is replaced by the payment of taxes per square meter of usable area, the rate of property tax is determined local government, which can not be lower than 0.05% of the estimated value of the real estate nor higher than 0.5% of the appraised value of real estate. The last change, ie. The new law on Property Tax from 5.11.2015. was determined by the tax rate to 20%. The fact that local governments each of them determines the tax rate on real estate which range from high to low rates of multiple, makes this tax is progressive. Progression is particularly expressed in the distinction applied tax rates of developed and undeveloped municipalities, where we have a case that less developed tolerate a higher tax burden, which leads to negative economic effects. However, real estate tax has its own economic and social characteristics which must be aligned with the objectives of tax policy. This means that the real estate tax

  8. The 1986 Act: Tax Reform's Finest Hour or Death Throes of the Income Tax?

    OpenAIRE

    McLure, Charles E. Jr.

    1988-01-01

    Indicates why income tax is inevitably complicated and discusses why the 1986 Act is both more and less complicated than an income tax with a definition of taxable income even closer to the ideal of real economic income. Describes an alternative consumption-based direct tax.

  9. MUNICIPAL TAX HARMONIZATION; ECONOMIC ACTIVITIES

    Directory of Open Access Journals (Sweden)

    Belsy Tortolero

    2014-04-01

    Full Text Available This research work is a desk study to establish the technical and economic criteria that help to minimize double taxation at the municipal level of this tax in Venezuela, specifically for: industrial taxpayer, the taxpayer eventual merchant and / or walking, and to taxpayer service providers and implementers works on Hence the choice of the Tax Harmonisation Law of Municipal Public power in Article 162 of the Code, and the business tax. The methodology is based on the quantitative paradigm, with documentary research design, descriptive level - explanatory. Concluding that the criteria depend on the connecting factors set forth in the Law, and they are the same governing tax under study.

  10. Before and After the Tax Administration Act

    African Journals Online (AJOL)

    NWUuser

    third party would then be required to make payment of taxes from money held ...... Furthermore, the weight, meaning and relevance of some of these factors were .... Van Schalkwyk L "Constitutionality and the Income Tax Act – Revisited" 2004.

  11. New tax law hobbles tax-exempt hospitals.

    Science.gov (United States)

    Goldblatt, S J

    1982-03-01

    The Economic Recovery Tax Act of 1981 left tax-exempt hospitals at a significant disadvantage in the competition for capital. Although the new law's accelerated depreciation schedules and liberalized investment tax credits contain some marginal benefits for tax-exempt hospitals, these benefits are probably more than offset by the impact of the law on charitable giving.

  12. The Economic Effects of Comprehensive Tax Reform

    National Research Council Canada - National Science Library

    1997-01-01

    .... This Congressional Budget Office (CBO) study analyzes the major economic effects of several tax reform plans and finds that much uncertainty surrounds the likelihood and magnitude of the economic gains from tax reform...

  13. Economic Effects of Regional Tax Havens

    OpenAIRE

    Mihir A. Desai; C. Fritz Foley; James R. Hines

    2004-01-01

    How does the opportunity to use tax havens influence economic activity in nearby non-haven countries? Analysis of affiliate-level data indicates that American multinational firms use tax haven affiliates to reallocate taxable income away from high-tax jurisdictions and to defer home country taxes on foreign income. Ownership of tax haven affiliates is associated with reduced tax payments by nearby non-haven affiliates, the size of the effect being equivalent to a 20.8 percent tax rate reducti...

  14. Economic effects on taxing CO2 emissions

    International Nuclear Information System (INIS)

    Haaparanta, P.; Jerkkola, J.; Pohjola, J.

    1996-01-01

    The CO 2 emissions can be reduced by using economic instruments, like carbon tax. This project included two specific questions related to CO 2 taxation. First one was the economic effects of increasing CO 2 tax and decreasing other taxes. Second was the economic adjustment costs of reducing net emissions instead of gross emissions. A computable general equilibrium (CGE) model was used in this analysis. The study was taken place in Helsinki School of Economics

  15. The Ghanaian Economic Recovery

    Science.gov (United States)

    2013-12-01

    NY.GDP.MKTP.KD.ZG. 2 Only Syria, Zambia , Myanmar, and Algeria had slower growth rates in 1966. 3 Ferdinand Bakoup, Republic of Ghana Country Strategy Paper (Accra...available economic data from the World Bank (1961 to 2011). During that time, Ghana’s GDP growth rate deviated significantly from the regional growth rate...quantitative controls, and reduce taxes on agriculture. See Ho-Won Jeong, “Ghana: Lurching Toward Economic Rationality,” World Affairs 159, no. 2

  16. Opportunities in the American Recovery and Reinvestment Act for Supports and Services for Youth Transitioning from Foster Care

    Science.gov (United States)

    Flynn-Khan, Margaret; Langford, Barbara Hanson

    2009-01-01

    To address the economic crisis facing the country, the President signed the American Recovery and Reinvestment Act (ARRA) into law on February 17, 2009. This sweeping legislation provides $789 billion to jumpstart the economy and boost employment. This act includes $463 billion in new spending and $326 billion in tax relief directed at those…

  17. Multifamily Tax Subsidy Income Limits

    Data.gov (United States)

    Department of Housing and Urban Development — Multifamily Tax Subsidy Projects (MTSP) Income Limits were developed to meet the requirements established by the Housing and Economic Recovery Act of 2008 (Public...

  18. 26 CFR 22.0 - Certain elections under the Economic Recovery Tax Act of 1981.

    Science.gov (United States)

    2010-04-01

    ... invalid. (b) Election of special use valuation for qualified real property. This paragraph applies to the election of special use valuation for qualified real property under section 2032A(d)(1) of the Code, as... the Code, (iii) Specifies the property with respect to which the election is made, and (iv) Provides...

  19. 108 AN ASSESSMENT OF TAX RELIEFS AND ECONOMIC ...

    African Journals Online (AJOL)

    As advantageous as the payment of taxes to the government is, as a result of its ... Therefore, this study seeks to examine the nature of tax reliefs available to tax ... in the level of economic activity or tax payer's behaviour, then the tax policy ... The implication of this is that any tax payer that receives earned income shall be.

  20. Impact of Tax Reform Act of 1986 on IRA's Investment Value

    OpenAIRE

    William Reichenstein; Mark L. Cross

    1989-01-01

    The purpose of this study is to present an economic analysis of the tax advantages of deductible and nondeductible IRAs under the 1986 Tax Reform Act. These advantages are compared to those offered by other pension plans. The results show that the tax advantages of deductible IRAs allow for substantially higher values than the value of a similar investment held outside a pension account. The nondeductible IRA does not provide tax advantages over non-IRA investments if investors expect to with...

  1. 26 CFR 5c.168(f)(8)-9 - Pass-through leases-transfer of only the investment tax credit to a party other than the ultimate...

    Science.gov (United States)

    2010-04-01

    ... investment tax credit to a party other than the ultimate user of the property. [Reserved] 5c.168(f)(8)-9...) INCOME TAX (CONTINUED) TEMPORARY INCOME TAX REGULATIONS UNDER THE ECONOMIC RECOVERY TAX ACT OF 1981 § 5c.168(f)(8)-9 Pass-through leases—transfer of only the investment tax credit to a party other than the...

  2. Cultural Norms, the Persistence of Tax Evasion, and Economic Growth

    OpenAIRE

    Dimitrios Varvarigos

    2015-01-01

    I study the effects of tax evasion on economic growth by focusing on the cultural aspects of tax compliance and their effect on the extensive margin of tax evasion. A cultural norm that determines the contemptibility of tax dodging practices links the past incidence of tax evasion with the tax payers’ current incentives to conceal sources of income. This dynamic complementarity may lead to multiple equilibria in the evolution of tax evasion. Due to the latter’s effect on capital accumulation,...

  3. The economic impacts of federal tax reform for investments in short-rotation forest plantations

    International Nuclear Information System (INIS)

    Siegel, W.C.

    1991-01-01

    In discussing the potential contributions of short-rotation forest plantations to the fuel wood supply, a number of economic factors have been considered and analyzed. Very little, however, has been written on the income tax aspects of the subject. The tax treatment of such plantings is an extremely important factor. The federal income tax, in particular, can have a significant impact on production costs and is a major factor in determining the economic feasibility of this type of investment. The major federal Income tax provisions of significance are those that deal with capital expenditures, currently deductible costs and sale receipts. Several alternative tax approaches were available prior to passage of the 1986 Tax Reform Act. The new act's provisions, however, have completely changed the federal income tax treatment of timber income and expenditures, including those associated with short-rotation plantations. This paper analyzes the changes and discusses their economic implications for fuel wood culture

  4. Nigeria Personal Income Tax (Amendment) Act 2011: Implications ...

    African Journals Online (AJOL)

    Amendment) Act 2011 as they affect personal income tax administration in the hands of tax authorities as well as employers, employees and individuals as it relates to compliance issues of payment, collection, and remittance of personal income ...

  5. TAX EVASION THROUGH FICTITIOUS ECONOMIC OPERATIONS, OBSTACLE TO SUSTAINABLE DEVELOPMENT

    OpenAIRE

    SERGIU-BOGDAN CONSTANTIN

    2016-01-01

    Tax evasion means the avoidance of declaring and paying taxes. The purpose of the research is to identify ways and mechanisms of tax evasion through fictitious economic operations and how this kind o tax evasion can influence sustainable development. The principal methods are researching tax evasion cases investigated by the Romanian authorities responsible for combating this phenomenon, court trials on tax evasion and using the bibliographic references in the field. The data used...

  6. Tax Reform Act of 1986: implications and trends.

    Science.gov (United States)

    Harris, R F

    1988-10-01

    The Tax Reform Act of 1986 contains several changes that substantially reduce economic flexibility for not-for-profit hospitals and healthcare systems. These changes, involving limited partnerships, investment tax credit, depreciation, and income deferral plans, among other items, carry several implications. Tax-motivated joint ventures will no longer be attractive to physician investors, donations to hospitals are expected to decline by up to 15 percent, and flexibility in attracting and retaining high-caliber employees is reduced. Efforts to reduce the federal budget deficit and renewed scrutiny of unrelated business income further jeopardize economic flexibility. Another threat is intensified Internal Revenue Service scrutiny of Form 990, which is filed by all not-for-profit organizations with $25,000 or more in annual gross receipts, and Form 990T, which is used to report unrelated business income. Measures to protect facilities' economic flexibility include careful return preparation, alternative recruitment tactics, objective opinions, refusal of high-risk deals, and outside appraisals.

  7. Analisa Korelasi Inflasi, Economic Growth, Economic Structure, Dan Tax Rate Terhadap Tax Revenue Di Negara-negara ASEAN

    OpenAIRE

    Lim, Richard; Toly, Agus Arianto

    2013-01-01

    Penelitian ini bertujuan untuk mengetahui korelasi dari inflasi, economic growth, economic structure serta tax rate terhadap tax revenue di negara-negara Asean. Penelitian ini adalah penelitian kuantitatif dan penelitian ini menggunakan data sekunder mengenai inflasi, economic growth, economic structure, tax rate, serta tax revenue yang diperoleh melalui website world bank yaitu http://data.worldbank.org. Sampel yang digunakan dalam penelitian ini adalah negara-negara Asean tahun 2002 sampai ...

  8. Economic effects on taxing CO{sub 2} emissions

    Energy Technology Data Exchange (ETDEWEB)

    Haaparanta, P. [Helsinki School of Economics (Finland); Jerkkola, J.; Pohjola, J. [The Research Inst. of the Finnish Economy, Helsinki (Finland)

    1996-12-31

    The CO{sub 2} emissions can be reduced by using economic instruments, like carbon tax. This project included two specific questions related to CO{sub 2} taxation. First one was the economic effects of increasing CO{sub 2} tax and decreasing other taxes. Second was the economic adjustment costs of reducing net emissions instead of gross emissions. A computable general equilibrium (CGE) model was used in this analysis. The study was taken place in Helsinki School of Economics

  9. Economic effects on taxing CO{sub 2} emissions

    Energy Technology Data Exchange (ETDEWEB)

    Haaparanta, P [Helsinki School of Economics (Finland); Jerkkola, J; Pohjola, J [The Research Inst. of the Finnish Economy, Helsinki (Finland)

    1997-12-31

    The CO{sub 2} emissions can be reduced by using economic instruments, like carbon tax. This project included two specific questions related to CO{sub 2} taxation. First one was the economic effects of increasing CO{sub 2} tax and decreasing other taxes. Second was the economic adjustment costs of reducing net emissions instead of gross emissions. A computable general equilibrium (CGE) model was used in this analysis. The study was taken place in Helsinki School of Economics

  10. Taxation in Nigeria: an evaluation of the impact of the Companies Income Tax Act

    Directory of Open Access Journals (Sweden)

    Matthew Enya Nwocha

    2017-06-01

    Full Text Available This Paper is written against the background of the need to strengthen Nigeria’s tax laws for optimum contribution to public revenue and economic development in an era of widespread tax evasion and economic recession. The Paper has found among other things that defects and loopholes that exist in the Companies Income Tax Act (CITA is the occasion for widespread tax evasion, the arbitrary and discriminatory application of the Act, and the political manipulation of the process. The result is that the Act is completely encumbered in achieving its objectives. To eliminate these encumbrances, the paper has recommended, among other things, the amendment of the law to place the wide discretionary powers of the president to impose on or exempt companies from taxation under the supervision and authority of the National Assembly and to place the powers of the Federal Board of Inland Revenue to distrain properties of defaulters under the jurisdiction of the courts.

  11. 26 CFR 20.2016-1 - Recovery of death taxes claimed as credit.

    Science.gov (United States)

    2010-04-01

    ... refund of foreign death tax claimed as a credit under section 2014, such tax shall not bear interest for... 26 Internal Revenue 14 2010-04-01 2010-04-01 false Recovery of death taxes claimed as credit. 20... Against Tax § 20.2016-1 Recovery of death taxes claimed as credit. In accordance with the provisions of...

  12. ECONOMIC RELATIONS BETWEEN PERSONAL AND CORPORATE INCOME TAX

    Directory of Open Access Journals (Sweden)

    Tomasz Skica

    2014-06-01

    Full Text Available The main goal of this article is to discuss the mutual economic relations between personal and corporate income taxes. The article consists of three parts. The first is an introduction to these taxes and taxation. The second is the analysis in which the objective of the taxation is discussed. This part represents the trends in research on taxation and clarifies the aspects of taxes that should be considered in an optimal tax system construction. These include solutions which stimulate taxpayer behavior, the economically and socially oriented objectives of taxation, and guides needed for tax equalization. The conclusions are focused on the tax rates in personal and corporate income tax and their influence on economic behavior of firms and individuals. The authors show different points of view on tax rate equalization and discuss its consequences.

  13. Fiscal Sovereignty of Member States and Tax Harmonization on Mutual Assistance for the Recovery of Tax Claims

    Directory of Open Access Journals (Sweden)

    Arina DRAGODAN

    2011-08-01

    Full Text Available This work presents the impact of harmonization of legislation on the recovery of claims relating to taxes and duties by the mutual assistance between the EU Member States for their tax sovereignty. The research is grounded upon previous studies on the same topic conducted in during the research stage within the Graduate School of Public Law and Tax Law at the University of Paris 1 Pantheon-Sorbonne, which was held during the year 2010. The objectives of the work aim at showing that tax sovereignty implies on the one hand the right of the National Parliament to determine taxes. On the other hand, taxation is the most important instrument of economic and social policy of the governments of member states. It is important to note that the States have broad discretion to create their own direct tax systems in a way that ensures best meet their objectives and internal politics as possible. With regard to the methodology, in order to realize this study it was used a combination of research methods, namely: bibliographical research, the systemic method, the logical method and the comparative method. We consider that our scientific approach presents timeliness and usefulness both academics and practitioners.

  14. The economic impact of reduced value added tax rates for groceries

    Directory of Open Access Journals (Sweden)

    Slavomíra Martinková

    2016-12-01

    Full Text Available The value added tax represents one of the most important sources of state budget revenues of EU Member States. The basic value added tax rate is in the EU currently between 15% in Luxembourg to 27% applied in Hungary. The revenues from this tax represent an average of 17.5% of all tax revenues of EU countries and create an average GDP of 7.0% (year 2016, EU 28. As revenues from value added tax represent a stable income of state budget, the legislative changes in the system of value added tax, mainly its reductions as well as its imposition on groceries, can significantly influence further macroeconomic development. In the last year, the government of the Slovak Republic implemented changes in universal indirect taxing in such way that in addition to the standard value added tax rate of 20%, the Act No. 268/2015 on Value added tax adopted in 2016 a decreased value added tax rate of 10% on selected groceries, in order to support domestic producers and reduce the tax burden of low-income and middle-income groups. According to the European Commission (2007, the reduced rate of value added tax in selected cases has its justification and importance in the country's economy. The aim of this paper is to analyse the economic impact of the applied reduced value added tax on food in the Slovak Republic in the context of household expenditures and revenues of the state budget.

  15. Economic Concentration and the Federal Tax Code,

    Science.gov (United States)

    1984-09-01

    Special Analysis G. 0 ...-..... . . . .~....... 677 777 ".47- śf . -2- Retained Earnings: The divergence of the individual from the corporate income tax rate...up to a 38.5 percent tax on S retained earnings. After paying corporate income tax on their income, firms may distribute their earnings to shareholders...months) over net short-term capital losses. They are taxed at the regular corporate income tax rate on the excess of net short-term capital gains over

  16. TAX EVASION THROUGH FICTITIOUS ECONOMIC OPERATIONS, OBSTACLE TO SUSTAINABLE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    SERGIU-BOGDAN CONSTANTIN

    2016-06-01

    Full Text Available Tax evasion means the avoidance of declaring and paying taxes. The purpose of the research is to identify ways and mechanisms of tax evasion through fictitious economic operations and how this kind o tax evasion can influence sustainable development. The principal methods are researching tax evasion cases investigated by the Romanian authorities responsible for combating this phenomenon, court trials on tax evasion and using the bibliographic references in the field. The data used are obtained through open sources of the authorities specialized in combating tax evasion for the cases made public, the media and also from specialised literature. The principal results are that this type of tax evasion is manifested through transactions with “ghost companies”, with offshore companies and transactions between associated enterprises. The main causes of this problem are: high taxation, corruption, inefficient government and tax authorities, no fiscal education and very hard tax legislation. The consequences are that the state budget is affected, the companies that do business legally are affected and also the final consumers, so Romania will not have economic growth and the quality of life will not improve. The main conclusion is that in order to have sustainable development, tax evasion in general and this kind of tax evasion in particular must be eradicated. The measures that have to be taken are to prevent tax evasion and to tighten controls but without violating taxpayers rights and without making abuses

  17. 78 FR 54250 - Federal Acquisition Regulation; Information Collection; American Recovery and Reinvestment Act...

    Science.gov (United States)

    2013-09-03

    ... Recovery Act; d. A narrative description of the employment impact of the Recovery Act funded work; and e... subcontracts awarded to a subcontractor that in the previous tax year had gross income under $300,000, the... data was a sufficient baseline for estimating the number of respondents per year (2,247) that would...

  18. Tax evasion, social norms and economic growth

    OpenAIRE

    Bethencourt, Carlos; Kunze, Lars

    2013-01-01

    This paper proposes a theoretical model to account for the most relevant micro- and macroeconomic empirical facts in the tax evasion literature. To do so, we integrate tax morale into a dynamic overlapping generations model of capital income tax evasion. Tax morale is modeled as a social norm for tax compliance. It is shown that accounting for such nonpecuniary costs of evasion may not only explain (i) why some taxpayers never evade even if the gamble is profitable, and (ii) how a higher tax ...

  19. The Economic Effects of Comprehensive Tax Reform

    Science.gov (United States)

    1997-07-01

    and household level in a coordi- investment takes place but also the mix of investment nated manner. A separate corporate income tax ap- in different...have studied the effects of assets. As another example, allowances for deprecia- the corporate income tax have concluded that it carries tion do not...types equal to over one-half of the tax revenues collected of investments more quickly than others. The result of from the corporate income tax .4 current

  20. Resource Conservation and Recovery Act Information (RCRAInfo)

    Data.gov (United States)

    U.S. Environmental Protection Agency — The Resource Conservation and Recovery Act Information (RCRAInfo) system contains information reported to the state environmental programs on activities and cleanup...

  1. The tax havens between measures of economic stimulation and measures against tax evasion

    Directory of Open Access Journals (Sweden)

    Manea, A. C.

    2010-11-01

    Full Text Available In the literature but also in the legal language there are ever-increasingly met the current economic notions of tax havens, offshore companies, offshore law or double taxation. These concepts are encountered, however, in legislative efforts of combating domestic and international business and tax evasion, because such tax havens, although offering financial benefits to individuals or legal residents, make it virtually impossible to control, by the national tax services, the level of imposed income tax and the fees payable by the taxpayer, and all these through operations under the legislation of the States where there are these tax havens. The terminology of tax havens is replaced in recent years with the more discreet terms. of center of international finance or financial haven.

  2. The South African tax mix and economic growth

    OpenAIRE

    AH de Wet; NJ Schoeman; SF Koch

    2014-01-01

    The research reported in this paper suggests that government fiscal policy can influence economic growth through alterations in the tax mix and the overall size of government spending.   The authors estimate the impact on economic growth of changes in fiscal policy via government expenditure, direct taxation and indirect taxation.  The results show that economic growth is negatively affected by increases in the size of government, as reflected in its expenditures and direct tax revenues, alth...

  3. The South African tax mix and economic growth

    Directory of Open Access Journals (Sweden)

    AH de Wet

    2014-10-01

    Full Text Available The research reported in this paper suggests that government fiscal policy can influence economic growth through alterations in the tax mix and the overall size of government spending.   The authors estimate the impact on economic growth of changes in fiscal policy via government expenditure, direct taxation and indirect taxation.  The results show that economic growth is negatively affected by increases in the size of government, as reflected in its expenditures and direct tax revenues, although significant indirect tax effects are not found.

  4. Tax incentive as a catalyst for economic development in Nigeria ...

    African Journals Online (AJOL)

    An empirical study using a well structured questionnaire survey, the work assesses the relationship that exists between tax incentive and economic development in Nigeria. This study was undertaken primarily to evaluate the effectiveness of tax incentive in developing the Nigerian economy. One hundred and twenty ...

  5. 26 CFR 31.6302(c)-3 - Use of Government depositaries in connection with tax under the Federal Unemployment Tax Act.

    Science.gov (United States)

    2010-04-01

    ... with tax under the Federal Unemployment Tax Act. 31.6302(c)-3 Section 31.6302(c)-3 Internal Revenue...) § 31.6302(c)-3 Use of Government depositaries in connection with tax under the Federal Unemployment Tax... transfer. For the requirement to deposit tax under the Federal Unemployment Tax Act by electronic funds...

  6. CRIMINAL LIABILITY FOR CERTAIN ECONOMIC ACTIVITIES-TAX EVASIOAN

    Directory of Open Access Journals (Sweden)

    Alexandrina Fodor

    2010-12-01

    Full Text Available Evasion is equivalent to the offense or crime, and what is civil or criminal depending on the seriousness and rufnesse. Reasons for this phenomenon in Romania is difficult to quantify and are prevented complex and numerous, among them may be mentioned: many imperfections and speculiarities in the tax laws, the business tax accounting method, not using the national macroeconomic record, massive tax evasion carried out by various interest groups and economic agents only appear to take advantage of loopholes laws lack of a tax code, the principle of confidentiality.

  7. The Effect of Tax Reforms and Tax Compliance on the Economic Development of Developing Countries: A Case Study of Nigeria.

    OpenAIRE

    Ajani, Olawumi Funso

    2011-01-01

    ABSTRACT Since 1980s’ the awareness of the effect of tax reforms and tax compliance on economic development has increased significantly. The positive and effective use of tax revenues influences how taxpayers comply with tax laws. In particular, taxpayers tend to adhere to tax laws and fulfil their obligations when it is evident that the taxes paid are put into proper use by providing the essential public goods and services needed by the citizens. Compliance increases when it is believed t...

  8. The Economics of Work Schedules under the New Hours and Employment Taxes

    OpenAIRE

    Casey B. Mulligan

    2014-01-01

    Hours, employment, and income taxes are economically distinct, and all three are either introduced or expanded by the Affordable Care Act beginning in 2014. The tax wedges push some workers to work more hours per week (for the weeks that they are on a payroll), and others to work less, with an average weekly hours effect that tends to be small and may be in either direction. A conservative estimate of the law's average employment rate impact is negative three percent. The ACA's tax wedges and...

  9. Tax Revenue, Stock Market and Economic Growth of Pakistan

    OpenAIRE

    Muhammad Irfan Javaid Attari; Roshaiza Taha; Muhammad Imran Farooq

    2014-01-01

    The purpose of this paper is to examine the effects of capital market and fiscal policy influences in determining the nexus of economic growth in Pakistan from July 2003 to July 2012. The authors utilize ADF unit root test, Johansen Cointegration test, VECM test, Granger causality test and variance decomposition analysis to test the relationship among tax revenue, stock market and economic growth in Pakistan. Granger causality analysis is used to answer questions whether “Does tax revenue cau...

  10. TAX OPTIMIZATION AS A DECISIVE FACTOR OF ECONOMIC DEVELOPMENT (THE CASE OF POLAND

    Directory of Open Access Journals (Sweden)

    Mykola Andriyash

    2016-11-01

    Full Text Available The main purpose of the paper is to compare the system of taxation and tax optimization in Poland with solutions in the selected EU Member States and its influence on economic development. The paper presents the system of taxation in Poland compared with fiscal solutions in selected EU countries. It also discusses the typology of tax solutions referring to tax optimization in Europe. Methodology. The author used the primary and secondary data from the Central Statistics Office (GUS, Pricewaterhouse Coopers’ research and the Eurostat. The research methods used for the purpose of data analysis included economic analysis of legal acts, descriptive statistics, and comparative analysis. Results showed that the level of tax loading in Poland is more moderate than in other developed countries of the world while the mechanism of administration of taxes and collections is much more successful. The share of receipts collected by the decentralized administration has been increasing steadily since the major administrative reform of 1999 and the local finance law enacted in 2004. Eliminating the category of special sections of industrial production and inclusion of revenues/income to the proposed form of income tax would be very desirable. This would indicate the practical implementation of Smith’s tax principles concerning tax equity and an ability of taxpayer to pay levies. Practical implications. Tax optimization is to balance the tax loading level through offering benefits and preferences which would stimulate the economy of the country and will not cause aggravation of the problem of relocating tax loading from one tax payer to another. Many national states, noticing the phenomena of tax evasion and tax avoidance are implementing or going to implement specific reforms which help to improve the system of tax control with the aim of creating conditions which make tax and collections evasion impossible. Value/originality. The results of the conducted

  11. 136 Tax Revenue, Stock Market and Economic Growth of Pakistan

    Directory of Open Access Journals (Sweden)

    Muhammad Irfan Javaid Attari

    2014-10-01

    Full Text Available The purpose of this paper is to examine the effects of capital market and fiscal policy influences in determining the nexus of economic growth in Pakistan from July 2003 to July 2012. The authors utilize ADF unit root test, Johansen Cointegration test, VECM test, Granger causality test and variance decomposition analysis to test the relationship among tax revenue, stock market and economic growth in Pakistan. Granger causality analysis is used to answer questions whether “Does tax revenue cause the economic growth?” or “Does tax revenue cause the capital market?”. The results demonstrate that there is a bidirectional casualty between tax revenue and economic growth; and a unidirectional causality from capital market to tax revenue. The estimated result shows that growth of Pakistan economy is strongly contributed from the high collection of direct tax revenue and the development of financial market activity. The findings of this paper have important implications to current and potential investors in Pakistan economy to understand the economic condition of Pakistan and to assist them in making their investment decision.

  12. 26 CFR 31.6011(a)-3 - Returns under Federal Unemployment Tax Act.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Returns under Federal Unemployment Tax Act. 31... Provisions of Subtitle F, Internal Revenue Code of 1954) § 31.6011(a)-3 Returns under Federal Unemployment Tax Act. (a) Requirement. Every person shall make a return of tax under the Federal Unemployment Tax...

  13. Financial Transaction Tax: Determination of Economic Impact Under DSGE Model

    Directory of Open Access Journals (Sweden)

    Veronika Solilová

    2015-01-01

    Full Text Available The discussion about the possible taxation of the financial sector has started in the European Union as a result of the financial crisis which has spread to the Europe from the United States in 2008 and consequently of the massive financial interventions by governments made in favour of the financial sector. On 14 February 2013, after rejection of the draft of the directive introducing a common system of financial transaction tax in 2011, the European Commission introduced the financial transaction tax through enhanced cooperation. The aim of the paper is to research economic impact of financial transaction tax on EU (EU27 or EU11 with respect to the DSGE model which was used for the determination of impacts. Based on our analysis the DSGE model can be considered as underestimated in case of the impact on economic growth and an overestimated in case of the revenue collection. Particularly, the overall impact of the financial transaction tax considering cascade effects of securities (tax rate 2.2% and derivatives (tax rate 0.2% is ranged between −4.752 and 1.472 percent points of GDP. And further, is assumed that the relocation effects of business/trade can be in average 40% causes a decline of expected tax revenues in the amount of 13bn EUR. Thus, at a time of fragile economic growth across the EU and the increased risk of recession in Europe, the introduction of the FTT should be undesirable.

  14. Recovery Act. Tapoco project. Cheoah upgrade

    Energy Technology Data Exchange (ETDEWEB)

    Tran, Paul [Alcoa Inc., Alcoa Center, PA (United States)

    2013-10-02

    Under Funding Opportunity Announcement Number: DE-FOA-0000120, Recovery Act: Hydroelectric Facility Modernization, Alcoa Power Generating Inc. (APGI), a fully owned subsidiary of Alcoa Inc., implemented major upgrades at its Cheoah hydroelectric facility near Robbinsville, North Carolina.

  15. Energy Tax versus Carbon Tax. A quantitative macro economical analysis with the HERMES/MIDAS models

    International Nuclear Information System (INIS)

    Karadeloglou, P.

    1992-01-01

    The idea of imposing a tax has been recently put forward as a policy-instrument to induce substitutions aiming at reducing CO[sub 2] overall emissions. One can distinguish two options: recycle tax revenues for energy system restructuring (supply or demand restructuring); or use the corresponding revenues in order to reduce the negative impacts caused on the economic activity by the introduction of the tax. Several papers dealing with only the macroeconomic aspects of the environmental problems have been written. These papers neglect more or less the energy sphere and consider that the energy feedback effects are very small. Macroeconomic impacts of the carbon tax have been examined for the United Kingdom and for the four big European countries elsewhere. In this paper a synthesis of both the energy and the macroeconomic approaches is realized. The approach adopted is global and tries to evaluate the impacts on both the economic and energy system. The main question examined is the effectiveness and impacts of fiscal policy on CO[sub 2] emission and the effects of the adoption of an accommodating policy. Thus, not only the effects of imposing an energy or carbon tax are examined, but also the effects of introducing accommodating measures are studied. The analysis is effected by using the HERMES-MIDAS linked system of models and is limited in analyzing the effects of carbon and energy taxes and the reduction of direct taxes and is effected for four countries namely France, Federal Republic of Germany, Italy and the United Kingdom. In section 2 policy scenarios are described while in sections three and four the results of the policy simulations are presented. In section five we compare the differences of two taxes (energy tax and carbon tax) and in section six the reduction of direct taxation as an accommodating measure is examined. 27 tabs., 10 refs

  16. Energy Tax versus Carbon Tax. A quantitative macro economical analysis with the HERMES/MIDAS models

    Energy Technology Data Exchange (ETDEWEB)

    Karadeloglou, P. [National Technical University of Athens (Greece)

    1992-03-01

    The idea of imposing a tax has been recently put forward as a policy-instrument to induce substitutions aiming at reducing CO{sub 2} overall emissions. One can distinguish two options: recycle tax revenues for energy system restructuring (supply or demand restructuring); or use the corresponding revenues in order to reduce the negative impacts caused on the economic activity by the introduction of the tax. Several papers dealing with only the macroeconomic aspects of the environmental problems have been written. These papers neglect more or less the energy sphere and consider that the energy feedback effects are very small. Macroeconomic impacts of the carbon tax have been examined for the United Kingdom and for the four big European countries elsewhere. In this paper a synthesis of both the energy and the macroeconomic approaches is realized. The approach adopted is global and tries to evaluate the impacts on both the economic and energy system. The main question examined is the effectiveness and impacts of fiscal policy on CO{sub 2} emission and the effects of the adoption of an accommodating policy. Thus, not only the effects of imposing an energy or carbon tax are examined, but also the effects of introducing accommodating measures are studied. The analysis is effected by using the HERMES-MIDAS linked system of models and is limited in analyzing the effects of carbon and energy taxes and the reduction of direct taxes and is effected for four countries namely France, Federal Republic of Germany, Italy and the United Kingdom. In section 2 policy scenarios are described while in sections three and four the results of the policy simulations are presented. In section five we compare the differences of two taxes (energy tax and carbon tax) and in section six the reduction of direct taxation as an accommodating measure is examined. 27 tabs., 10 refs.

  17. Income taxes, public fiscal policy and economic growth

    Directory of Open Access Journals (Sweden)

    Tomasz Wołowiec

    2014-12-01

    Full Text Available The main goal of this article is to find the relationship between public fiscal policy and economic growth. The article consist of a few parts. The first is an introduction, which creates the background for the analysis in the following sections. It shows the main point of view on public fiscal policy especially in the case of personal income tax and creates a framework for the analysis of the relationship between taxation and economic growth. The second part focuses on the relations between central government decisions on taxation and its influence on savings, investments and economic growth. In this part we will find selected analyses of the impact of taxes on economic growth based on the examples of OECD countries. Finally, the last part of the work is a study on fiscal level and tax system structures and economic growth. In this part the authors checks two points of view on taxation. The first is that a low level tax burden is conducive to economic growth, and the second emphasizes negative consequences of decreasing budget tax revenues. The article shows both theoretical and empirical points of view on taxation and influence of government taxation decisions on the economy.

  18. Corporate tax avoidance:does the level of tax aggressiveness depend on economic factors?

    OpenAIRE

    Beyer, B. (Bianca)

    2014-01-01

    Abstract The purpose of this thesis is to find evidence about national-scale economic instability (especially reflected in the impacts of the financial crisis) being present also on a business level, namely in the form of corporate tax avoidance. A broad strand of literature copes with the topic of corporate tax avoidance. The research stems mostly from companies located in the United States. This thesis combines the approa...

  19. Tuition reduction is the key factor determining tax burden of graduate students under the Tax Cuts and Job Act.

    Science.gov (United States)

    Lawston, Patricia M; Parker, Michael T

    2017-01-01

    Background : The proposed Tax Cuts and Jobs Act (H.R.1) has stirred significant public debate on the future of American economics.  While supporters of the plan have championed it as a necessity for economic revitalization, detractors have pointed out areas of serious concern, particularly for low- and middle-income Americans.  One particularly alarming facet of the plan is the radical change to education finance programs and taxation of students in higher education.  Methods :  By analyzing actual income and tuition of a public and a private university student, as well as the 'average' graduate student, we investigated the effect of both the House and Senate versions of H.R. 1 on taxation of students of various family structures.  Results :  Our findings indicate that taxable tuition would be the greatest contributor to graduate student tax burden across all four categories of filing status.  However, when tuition reduction is upheld or a student is on sustaining fees rather than full tuition, graduate students would realize decreases in taxation. Conclusions :  Overall, we conclude that removal of tuition reduction would result in enormous tax burdens for graduate students and their families and that these effects are dependent not only on the status of the student in their degree program but also on their tuition and stipend, and therefore the institution they attend.

  20. Tax Compliance Models: From Economic to Behavioral Approaches

    Directory of Open Access Journals (Sweden)

    Larissa Margareta BĂTRÂNCEA

    2012-06-01

    Full Text Available The paper reviews the models of tax compliance with an emphasis on economic and behavioral perspectives. Although the standard tax evasion model of Allingham and Sandmo and other similar economic models capture some important aspects of tax compliance (i.e., taxpayers’ response to increases in tax rate, audit probability, penalty rate they do not suffice the need for an accurate prediction of taxpayers’ behavior. The reason is that they do not offer a comprehensive perspective on the sociological and psychological factors which shape compliance (i.e., attitudes, beliefs, norms, perceptions, motivations. Therefore, the researchers have considered examining taxpayers’ inner motivations, beliefs, perceptions, attitudes in order to accurately predict taxpayers’ behavior. As a response to their quest, behavioral models of tax compliance have emerged. Among the sociological and psychological factors which shape tax compliance, the ‘slippery slope’ framework singles out trust in authorities and the perception of the power of authorities. The aim of the paper is to contribute to the understanding of the reasons for which there is a need for a tax compliance model which incorporates both economic and behavioral features and why governments and tax authorities should consider these models when designing fiscal policies.

  1. Measuring the Recovery Orientation of ACT

    Science.gov (United States)

    Salyers, Michelle P.; Stull, Laura G.; Rollins, Angela L.; McGrew, John H.; Hicks, Lia J.; Thomas, Dave; Strieter, Doug

    2014-01-01

    Background Approaches to measuring recovery orientation are needed, particularly for programs that may struggle with implementing recovery-oriented treatment. Objective A mixed methods comparative study was conducted to explore effective approaches to measuring recovery orientation of Assertive Community Treatment (ACT) teams. Design Two ACT teams exhibiting high and low recovery orientation were compared using surveys, treatment plan ratings, diaries of treatment visits, and team-leader-reported treatment control mechanisms. Results The recovery-oriented team differed on one survey measure (higher expectations for consumer recovery), treatment planning (greater consumer involvement and goal-directed content), and use of control mechanisms (less use of representative payee, agency-held lease, daily medication delivery, and family involvement). Staff and consumer diaries showed the most consistent differences (e.g., conveying hope and choice) and were the least susceptible to observer bias, but had the lowest response rates. Conclusions Several practices differentiate recovery orientation on ACT teams, and a mixed-methods assessment approach is feasible. PMID:23690285

  2. Tax incentives for the economic activity of small businesses

    Directory of Open Access Journals (Sweden)

    Imanshapieva Mazika Musabekovna

    2012-08-01

    Full Text Available In article it is shown that the developed structure of the Russian small business doesn't answer problems of modernization of economy, taking into account features of subjects of small business necessity of strengthening of a role of a tax policy for regulation of their activity is given reason. The expediency of introduction in the Tax code of the Russian Federation of concepts «subjects of small business», «the small innovative enterprise» is proved. Necessity of specification of conditions and signs of reference of the organizations to subjects of small-scale business is revealed at application of the simplified system of the taxation. The expediency of change of existing approaches to formation of tax base at application of the general system of the taxation is established and recommendations about tax stimulation of economic activity of subjects of small business are offered.

  3. Taxes and Economic Growth in Developing Countries : A Dynamic Panel Approach

    OpenAIRE

    NANTOB, N'Yilimon

    2014-01-01

    This paper looks at the effects of taxes increase on economic growth of 47 developing countries. In developing countries, there is no magic tax strategy to encourage economic growth. Some countries with high tax burdens have high growth rates and some countries with low tax burdens have low growth rates. Despite much theoretical and empirical inquiry as well as political and policy controversy, no simple answer exists concerning the relationship of taxes on economic growth in developing count...

  4. 26 CFR 31.6001-4 - Additional records under Federal Unemployment Tax Act.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Additional records under Federal Unemployment... Federal Unemployment Tax Act. (a) Records of employers. Every employer liable for tax under the Federal Unemployment Tax Act for any calendar year shall, with respect to each such year, keep such records as are...

  5. School Facilities and Tax Credit Bonds

    Science.gov (United States)

    Edelstein, Frederick S.

    2009-01-01

    The tax credit portion of the American Recovery and Reinvestment Act of 2009 (also known as the economic stimulus package or ARRA) has three different entities that can be used for various school construction including new, modernization, renovation and acquisition of sites for school projects. The bond rule notice and allocations have been issued…

  6. 136 Tax Revenue, Stock Market and Economic Growth of Pakistan

    OpenAIRE

    Muhammad Irfan Javaid Attari; Roshaiza Taha; Muhammad Imran Farooq

    2014-01-01

    The purpose of this paper is to examine the effects of capital market and fiscal policy influences in determining the nexus of economic growth in Pakistan from July 2003 to July 2012. The authors utilize ADF unit root test, Johansen Cointegration test, VECM test, Granger causality test and variance decomposition analysis to test the relationship among tax revenue, stock market and economic growth in Pakistan. Granger causality analysis is used to answer questions whether “Does ...

  7. The Americans with Disabilities Act: prescription for tax relief.

    Science.gov (United States)

    Cook, E D; Judice, A K; Hazelwood, A C

    1996-01-01

    As employers, healthcare organizations must comply with Title I of the Americans with Disabilities Act of 1990-Employment Discrimination by Private Entities-which covers virtually all aspects of employment and prohibits employers from discriminating against otherwise qualified job applicants and workers who have disabilities or who become disabled. Further, healthcare organizations must comply with the provisions of Title III of the act-Nondiscrimination on the Basis of Disability by Public Accommodations and in Commercial Facilities-which requires places of public accommodations and commercial facilities to be designed, constructed, and altered in compliance with the accessibility standards of the act. While compliance with the ADA can be costly, four specific sections of the Internal Revenue Code offer tax relief to organizations that meet the guidelines of Titles I and III.

  8. Tax Shift by Economic Functions and Its Effect on Economic Growth in the European Union

    Directory of Open Access Journals (Sweden)

    Irena Szarowská

    2015-01-01

    Full Text Available The aim of the paper is to examine effects of tax shift on economic growth and provide a direct empirical evidence in the European Union (EU. It is used the Eurostat’s definition to categorize tax burden by economic functions and implicit tax rates of consumption, labour and capital are investigated. First, paper summarizes main development of tax shift in a whole EU till 2014 and followed empirical analysis is based on annual panel data of 22 EU Member States in years 1995–2012 (time span is divided into a pre-crisis and a post-crisis period. Explanatory variables are not examined in individual regressions, but the study uses Generalized Method of Moments applied on dynamic panel data and estimations are based on Arellan-Bond estimator (1991. Results confirm positive and statistically significant impact of consumption taxes and weaker but negative effect of labour taxation on economic growth. In a post-crisis period, findings report raising labour taxes as the strongest and the only significant variable. It suggests that harmful effect of labour taxation is enlarging in a time of unfavorable economic conditions. A tax shift on capital taxation has negative but often statistically insignificant impact on economic growth.

  9. Ecological tax reform - an optimal solution?. Critical remarks on the DIW study ''Economic effects of an ecological tax reform''

    International Nuclear Information System (INIS)

    Boehringer, C.; Fahl, H.; Voss, A.

    1994-01-01

    Through the latest expertise of the German institute for economic research (DIW) regarding an ecological tax reform, the discussion about a tax system considering the shortage of the ressource environment and a deficiency of demand regarding the ressource work is newly provoked. The focus of this article is a critical dealing with the methodical procedure of the German institute for economic reserarch when analyzing the national economic effect of a concretely formulated ecological tax law scenario. When assessing the overall economic consequences of a tax reform, it is recommended to use an analysis instrument, which is farly more consistent compared to the instruments by DIW, and which is more problem adequate through the increased resort to financial knowledge. Based on the obvious weakness of the DIW study, a more extensive comprehension for an ecological tax reform is pleaded for, standing out for an application of taxes based on division of labour and oriented to the objective. (orig./UA) [de

  10. Tax Havens in Economic Globalization Era

    OpenAIRE

    Daniela Iuliana Radu

    2014-01-01

    The current economic climate is characterized by the globalization of trade in goods and services, free movement of capital and extensive use of new technological applications in the field of international financial transactions and trade. Despite the fact that most financial institutions are the compliance department rules governing enormous number of transactions conducted daily are insufficient. Classification-JEL:

  11. Optimal fiscal barriers to international economic integration in the presence of tax havens

    DEFF Research Database (Denmark)

    Johannesen, Niels

    2012-01-01

    This paper develops a model where firms can shift profits to tax havens by means of intra-firm loans and countries can protect themselves against profit shifting by taxing cross-border interest flows. The model considers two countries with a scope for welfare improving economic integration....... The first-best tax system has two important characteristics: (i) the tax rate on interest flows to the other country is zero to ensure the optimal level of economic integration; (ii) the tax rate on interest flows to tax havens is high enough to deter profit shifting to tax havens. In second......-best environments, countries face a trade-off between economic integration and protection against tax havens, which causes protection to be suboptimally low. The key to the result is that economic integration makes it easier for multinational firms to circumvent taxes on interest payments to tax havens with conduit...

  12. 75 FR 53153 - Federal Acquisition Regulation; American Recovery and Reinvestment Act of 2009 (the Recovery Act...

    Science.gov (United States)

    2010-08-30

    ... States would not fully implement section 1605 of the Recovery Act. Section 1605 singled out iron and... statute and how best to convey these requirements in the regulations. Because iron and steel are singled...

  13. U.S. tax policies distorting economics of exploration, development ventures

    International Nuclear Information System (INIS)

    Goodman, C.G.

    1991-01-01

    Since the Tax Reform Act of 1986, crude oil production in the United States has declined over 1.5 million b/d despite interim price increases of over 100%. Exploration and development in the U.S., measured by the drilling rig count, footage drilled, reserves replaced, and seismic crew activity, remain near record lows. Two major factors determine the level of U.S. crude oil production: the price of crude oil and the expected return on investments to find and produce new reserves. This article discusses the impact of the U.S. take (tax and fiscal) system generally, and the alternative minimum tax (AMT) system specifically on new investments to find and produce crude oil in the U.S. Over the last 20 years, important policy concerns have motivated U.S. tax reform. Yet its impact on the petroleum resource base of the country was never fully anticipated. The U.S. tax reform movement dramatically and adversely changed the time within which new oil and gas investments can be recovered. In the process, America's new capital recovery policies have produced both regressive and anticompetitive impacts. The charts presented in this article demonstrate these impacts as crude oil prices, revenues, or profitability decline and as the costs of production increase

  14. VALUE ADDED TAX IN THE ECONOMIC CRISIS CONTEXT

    Directory of Open Access Journals (Sweden)

    Mara Cristian

    2011-07-01

    Full Text Available This article tries to present the major aspects concerning the value added tax in the context of economic crisis in European Union countries and Romania. The paper realizes an analysis of the impact of economic crises on VAT in the European space underlining the current situation when the revenues from VAT represent a valuable source of financing the public expenditures. In Romania the economic crises has led to increasing o f VAT rate from 19% to 24%. This measure is an important fiscal measure for the state budget and this study tries to reflect the impact of this VAT rate increase on the public revenues and consumption.

  15. Tax reforms in EU Member States - Tax policy challenges for economic growth and fiscal sustainability – 2012 Report

    OpenAIRE

    European Commission

    2012-01-01

    The 2012 edition of the report ‘Tax reforms in EU Member States’ intends to contribute to the tax policy debate in the EU. Following the successful 2011 edition, the report consists of two parts: i) a short analysis of tax revenue data and an overview of recent tax reforms in Member States, and ii) a discussion of selected up-to-date tax policy topics in the form of two analytical chapters. The first analytical chapter focuses on the economic implications and policy challenges of the EU VAT s...

  16. Economic analysis vs. capital-recovery requirements of power reactor decommissioning

    International Nuclear Information System (INIS)

    Ferguson, J.S.

    1980-01-01

    As a consultant to electric utilities the author often becomes involved in the development of policy for capital recovery and in the determination of depreciation rates that will implement the policy. Utility capital recovery is controlled by generally accepted depreciation accounting practices and by regulatory commission accounting rules and, as a result, can differ significantly from engineering economics. Those involved with decommissioning of power reactors should be aware of the depreciation accounting and regulatory framework that dictates capital recovery requirements, whether their involvement is related to engineering economics or capital recovery. This presentation defines that framework, points out several significant implications (particularly tax), describes several conforming capital-recovery methods, describes several techniques that have been used with the decommissioning component in economic analysis of alternative energy sources, and discusses why those involved in economic analysis should learn the accounting and regulatory framework for capital recovery

  17. The Economic Cost of "Clever" Tax Administration Ideas

    OpenAIRE

    Glenn Jenkins; Bahro BERHAN

    2004-01-01

    In the 1980's it was popular to introduce incentive systems for the promotion of taxpayer compliance. The partial VAT refunds for consumer purchases that are examined in this paper represent one of such schemes. The partial VAT refund system was an idea that was popular amongst professional tax administrators in the 1980s and as a consequence was implemented throughout Central America, Bolivia and Turkey. Such proposals were made with little or no research on the compliance or economic costs ...

  18. Venezuela's Economic Recovery: Is It Sustainable?

    OpenAIRE

    Jake Johnston; Mark Weisbrot

    2012-01-01

    Venezuela’s current growth is generally described as unsustainable, with various negative scenarios put forth, including spiraling debt, inflation, and balance of payments crises. However, these pessimistic forecasts have been far off the mark for most of the past decade. This paper looks at the available economic data to see if Venezuela’s economic recovery could be sustained, or even accelerated. It finds that Venezuela’s current economic growth is sustainable and could continue at the curr...

  19. Wearing the crown of Solomon? Chief Justice Roberts and the Affordable Care Act "tax".

    Science.gov (United States)

    Muise, Robert J; Yerushalmi, David

    2013-04-01

    Attempting to play the role of King Solomon in his PPACA decision, Chief Justice John Roberts split the baby perversely by ruling it was not a tax under the Anti-Injunction Act, which would have likely deprived the Court of jurisdiction to hear this pre-enforcement challenge to the individual mandate, but it was a tax for taxing and spending purposes even though Congress said it was a "penalty" and not a tax. And the Chief Justice had to twist further his "wisdom" to hold that it was not an unconstitutional direct tax, even though that is exactly what it is, if it is a tax in the first instance.

  20. Tax Evasion and Economic Growth in an Endogenous Growth Model

    OpenAIRE

    加藤, 秀弥; KATO, Hideya

    2004-01-01

    This paper presents an endogenous growth model with tax evasion where government expenditures affect production. An individual evades a tax so as to maximize his or her utility, the tax authority controls the detection probability to maximize net tax revenue, and the government chooses the income tax rate to maximize individuals’ utility. The main conclusions are as follows. First, the optical income tax rate with tax evasion is higher than that without tax evasion. Second, the rise in a ...

  1. Economic Recovery vs. Defense Spending.

    Science.gov (United States)

    De Grasse, Robert; Murphy, Paul

    1981-01-01

    Evaluates President Reagan's proposed military buildup in light of the cuts such expenditures would necessitate in approximately 300 domestic programs. Suggests that the dramatic proposed increase in military spending risks higher inflation and slower economic growth. Concludes with a plea for rethinking of Reagan's dramatic shift in national…

  2. Tax reforms - taxes without tax laws

    OpenAIRE

    Varma, Vijaya Krushna Varma

    2009-01-01

    All Direct and Indirect taxes accompanied by tax laws, accounting, auditing and tax returns, can be abolished if a new tax system called "TOP Tax system" is adopted and implemented by all nations. Ultimate economic reforms will relieve 7 billion people of the world from the cobweb of ambiguous and complex tax structures, plethora of tax laws, mandatory and cumbersome accounting, auditing, tax returns and consequent quagmire of all tax related cases. Taxation, tax collection, tax enforce...

  3. The Role of Value Added Tax on Economic Growth of Ethiopia ...

    African Journals Online (AJOL)

    The achievement of economic growth is crucial for countries sustainable development. Recently, Value Added Tax (VAT) becomes a major worldwide tax instrument which enhances economic growth. Being a tax levied on the final consumption of goods and services, VAT is collected at each stage of production and ...

  4. 26 CFR 1.280F-2T - Limitations on recovery deductions and the investment tax credit for certain passenger...

    Science.gov (United States)

    2010-04-01

    ... investment tax credit for certain passenger automobiles (temporary). 1.280F-2T Section 1.280F-2T Internal... TAXES Items Not Deductible § 1.280F-2T Limitations on recovery deductions and the investment tax credit for certain passenger automobiles (temporary). (a) Limitation on amount of investment tax credit—(1...

  5. Capturing Economic Rents From Resources Through Royalties and Taxes

    Directory of Open Access Journals (Sweden)

    Jack M. Mintz

    2012-10-01

    Full Text Available Oil price fluctuations, concerns over the division of resource revenues, and unconventional oil and gas developments are forcing governments to confront the same issue: how to design optimal royalty and corporate tax systems that bring in a publicly acceptable share of revenues without discouraging private investment. This paper surveys tax and royalty systems across six countries, as well as four US states and five Canadian provinces, offering concise analyses of their strengths and shortcomings to describe the best and simplest approaches to both. As in a public-private partnership, government owns the resources and allows private agents to maximize the rents resources generate. An optimal royalty system will thus be rent-based, ensuring that both owner and agent obtain maximally competitive returns so that each has incentives to continue the partnership. Such a system will also be simple, making compliance easy, manipulation difficult, and risks affordable. And it will be stable, instilling in the private sector the confidence needed to invest for the long term. As for corporate income taxes, they should be neutral across business activities, and applied at equal effective rates on economic income, to avoid distorting market forces through subsidies or needless complexity. A clean rent-based tax that allows all costs incurred by producers to be expensed or carried over, along with a corporate income tax system shorn of many of the preferences that negatively affect business activity, should be the way forward for any government looking to update their fiscal regimes for the 21st century.

  6. ACT and Recovery: What We Know About Their Compatibility.

    Science.gov (United States)

    Morse, Gary; Glass, Ashley M H; Monroe-DeVita, Maria

    2016-03-01

    While assertive community treatment (ACT) is a widely implemented evidence-based practice, the extent of its recovery orientation has been debated. A literature search identified 16 empirical articles studying recovery and ACT. These 16 studies were classified as involving stakeholder perceptions, interventions, or fidelity measurement. Stakeholders generally viewed ACT as being recovery oriented; research on both interventions and fidelity measurement showed promising approaches. Overall the literature yielded encouraging findings regarding ACT and recovery, though there remains a dearth of research on the topic. We discuss future directions for research and practice to ensure that ACT programs skillfully support recovery.

  7. Economic Impact of Imposing Excise Tax on Plastic Bottles of Drinks

    Directory of Open Access Journals (Sweden)

    Eugenia Mardanugraha

    2018-03-01

    Full Text Available This research simulates the effect of imposing excise tax on plastic container of drinks towards economic performance of beverage industry in Indonesia and governmentâ˘A ´Zs tax revenue. The results showed that by imposing excise tax on plastic cups and plastic bottles the government would lose tax revenue from value added tax (PPN and corporate income tax (PPh badan more than they gain additional revenue from excise tax. Hence, imposing excise tax on drink containers should serve a clear purpose and an undeniable reason. This paper recommends the government to develop proper excise infrastructure to extend the goods or services to be taxed. This paper also recommends the required stages for extending the excise tax.

  8. Taxes and free economic zones: Russian practice and China experience

    Directory of Open Access Journals (Sweden)

    V. E. Shibanov

    2016-01-01

    Full Text Available Special economic zone – the tool of regional policy of the state used in regions where increase of an economic and social level of development is required, and questions of application of tax benefits and preferences in the territory of a special economic zone acquire special relevance. The purpose of this article is research of the questions concerning the mode of the taxation of special economic zones. In Russia still there is no consensus about the sizes and the special economic zone types, the mechanism of their activity and approach to management. Development of uniform methodology is necessary for the Russian legislation for effective creation of activity of special economic zones taking into account features of a territorial arrangement. This methodology can be developed on the basis of positive experience of functioning of free economic zones of the different countries of the world. In the real work with the help of economic and statistical methods data on development and results of activity of a special economic zone in the territory of the Russian Federation and the China are collected and considered. As an example of successful functioning of the Russian special economic zone the special economic zone "Alabuga" is considered, as an example of functioning in the territory of the China special economic zone Shenzhen and joint industrial park of China and Singapore in the city of Suzhou are considered. The analysis of experience of the China has allowed to draw conclusions on efficiency of development of certain territories of the China through introduction of special economic zones. This fact substantially depends on efficiency of mechanisms of creation and development of economic educations, a possibility of self-government and financial independence in these territories, attraction of the foreign investment capital. There aren't enough these mechanisms in functioning of the Russian special economic zones where concept special

  9. Economic Valuation of a Geothermal Production Tax Credit

    Energy Technology Data Exchange (ETDEWEB)

    Owens, B.

    2002-04-01

    The United States (U.S.) geothermal industry has a 45-year history. Early developments were centered on a geothermal resource in northern California known as The Geysers. Today, most of the geothermal power currently produced in the U.S. is generated in California and Nevada. The majority of geothermal capacity came on line during the 1980s when stable market conditions created by the Public Utility Regulatory Policies Act (PURPA) in 1978 and tax incentives worked together to create a wave of geothermal development that lasted until the early 1990s. However, by the mid-1990s, the market for new geothermal power plants began to disappear because the high power prices paid under many PURPA contracts switched to a lower price based on an avoided cost calculation that reflected the low fossil fuel-prices of the early 1990s. Today, market and non-market forces appear to be aligning once again to create an environment in which geothermal energy has the potential to play an important role in meeting the nation's energy needs. One potentially attractive incentive for the geothermal industry is the Production Tax Credit (PTC). The current PTC, which was enacted as part of the Energy Policy Act of 1992 (EPAct) (P.L. 102-486), provides an inflation-adjusted 1.5 cent per kilowatt-hour (kWh) federal tax credit for electricity produced from wind and closed-loop biomass resources. Proposed expansions would make the credit available to geothermal and solar energy projects. This report focuses on the project-level financial impacts of the proposed PTC expansion to geothermal power plants.

  10. The economic approach to the problem of tax evasion and recommendations for Serbia

    Directory of Open Access Journals (Sweden)

    Milosavljević Valentina

    2016-01-01

    Full Text Available Tax evasion is a global problem and it has severe consequences for every country, regardless of differences in socio-economic and political structure. The basis for tax criminal offenses is embodied in different manifestations of tax evasion, especially when taking into account that tax evasion is also the most important form of informal economy. Since the taxation achieves not only fiscal, but also objectives in the field of economic and social policy, tax evasion has consequences on the economic and socio-political level. After introductory considerations, the paper shows the topicality of this issue, then the analysis of theoretical and practical features of tax evasion, as the basic fiscal criminal offense in the new Criminal Law of the Republic of Serbia, while the economic approach to the problem of tax evasion is based on an analysis of individual behavior of taxpayers.

  11. TAX COMPOSITION AND ECONOMIC GROWTH. A PANEL-MODEL APPROACH FOR EASTERN EUROPE

    Directory of Open Access Journals (Sweden)

    MURA PETRU-OVIDIU

    2015-03-01

    Full Text Available In this paper, we investigate the impact of tax composition on economic growth, based on a panel-model approach. The dataset includes six East-European countries and covers the period 1995-2012. Specifically, the study explores the relative impact of different components of tax revenue (direct and indirect tax revenue, as percentage of total tax revenue on economic growth. The paper adds marginally to the empirical literature, showing how the two types of tax revenue influence economic growth in Eastern Europe, under an extended set of economic and sociopolitical control variables. The most important empirical output, for the 6 investigated East-European countries during 1995-2012, suggests that direct taxes are significant and negatively correlated with economic growth, while indirect taxes exert a positive influence on the dependent variable, though insignificant. As for the control variables, it seems that only freedom from corruption and political stability have a significant impact on economic growth. The study suggests that the design of tax systems in Eastern European countries is in accordance with the Commission’s priorities regarding its growth-friendliness. As for policy implications, governments should continue shifting the tax burden away from labour on to tax bases linked to consumption, property, and combating pollution, with potential positive effects both for growth and for fighting against tax evasion.

  12. Recovery act : states' use of highway infrastructure funds and compliance with the act's requirements.

    Science.gov (United States)

    2009-01-01

    The American Recovery and Reinvestment Act of 2009 (Recovery Act) included more than $48 billion for the Department of Transportations (DOT) investment in transportation infrastructure, including highways, rail, and transit. This testimonybased...

  13. The Effect of Political and Economic Factors on Corporate Tax Rates

    OpenAIRE

    Hansson, Åsa; Porter, Susan; Perry Williams, Susan

    2012-01-01

    Economists and political scientists have long been interested in factors that affect the statutory tax rate on businesses set by federal governments. In this study, we examine the impact of political and economic factors on several measures of tax rates and tax incentives offered across 19 developed countries for the years 1979 through 2005. Our results indicate that while economic conditions such as openness, strategic interaction, budget constraints, economic downturns and an aging populati...

  14. Analyzing the Effect of Economic Variables on Total Tax Revenues in Iran

    OpenAIRE

    Mehdi Basirat; Fatemeh Aboodi; Abdulmajid Ahangari

    2014-01-01

    As the government’s source of revenue, taxes play a major role in the construction and economic development of a country. Accurate knowledge of factors affecting tax revenues provides the policymakers with a clear horizon for economic planning. This study mainly aimed to examine the effect of economic variables on total tax revenues between 1974 and 2011. Accordingly, the Auto regression Distributed Lag (ARDL) Model was used. Results indicated that exchange rate with 0.71398, import with 0.53...

  15. Company Tax Integration in the European Union During Economic Crisis – Why and How?

    NARCIS (Netherlands)

    A. Sting (Anna)

    2014-01-01

    markdownabstract__Abstract__ Company tax integration in the EU is yet to be realised. This article first outlines the main benefits of company tax integration for the Economic and Monetary Union, and also discusses the main legal obstacles the EU Treaties pose for harmonisation of company tax.

  16. Optimal Dynamic Investment Policy under Different Rates for Tax Depreciation and Economic Depreciation

    NARCIS (Netherlands)

    Wielhouwer, J.L.; De Waegenaere, A.M.B.; Kort, P.M.

    1999-01-01

    This paper analyzes the consequences of incorporating a different rate for tax depreciation than for economic depreciation. Firms most often choose their tax depreciation rate in a strategic way. It would therefore be a coincidence if this optimization process leads to a tax depreciation rate that

  17. Resource Conservation and Recovery Act (RCRA)

    International Nuclear Information System (INIS)

    1989-01-01

    This Resource Conservation and Recovery Act (RCRA) Facility Investigation Program Plan has been developed to provide a framework for the completion of RCRA Facility Investigations (RFI) at identified units on the Savannah Rive Site (SRS) facility. As such, the RFI Program Plan provides: technical guidance for all work to be performed, managerial control, a practical, scientific approach. The purpose of this Overview is to demonstrate how the basic RFI Program Plan elements (technical, management, and approach) are interwoven to provide a practical and workable plan. The goal of the RFI Program Plan is to provide a systematic, uniform approach for performance and reporting. In addition, the RFI Program Plan has been developed to be specific to the SRS facility and to adhere to the Environmental Protection Agency (EPA) RFI guidance received as part of the SRS. The US EPA publication ''Characterization of Hazardous Waste Sites'' has been liberally adapted for use in this RFI Program Plan

  18. TAX POLICY OF SERBIA IN THE FUNCTION OF DEVELOPING THE ECONOMIC SYSTEM

    Directory of Open Access Journals (Sweden)

    Jugoslav Anicic

    2012-06-01

    Full Text Available Global mobility of capital and labour impose the issue of optimal tax structure of all countries. In some countries, direct taxes on income and profits are still dominant, while in other the main source of tax incomes are indirect taxes, primarily value added tax (VAT. Tax system of Serbia is specific for its big burdens for work, and smaller burden of profits and property in relation to EU countries. For long-term sustainable economic growth, among other things, more efficient tax system is required. Tax policy should contribute to elimination of essential macroeconomic imbalances of Serbian economy – high unemployment rate and high foreign trade deficit, without endangering international competitiveness of a company and favourable economic environment.

  19. National Weatherization Assistance Program Characterization Describing the Recovery Act Period

    Energy Technology Data Exchange (ETDEWEB)

    Tonn, Bruce Edward [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Rose, Erin M. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Hawkins, Beth A. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2015-10-01

    This report characterizes the U.S. Department of Energy s Weatherization Assistance Program (WAP) during the American Recovery and Reinvestment Act of 2009 (Recovery Act) period. This research was one component of the Recovery Act evaluation of WAP. The report presents the results of surveys administered to Grantees (i.e., state weatherization offices) and Subgrantees (i.e., local weatherization agencies). The report also documents the ramp up and ramp down of weatherization production and direct employment during the Recovery Act period and other challenges faced by the Grantees and Subgrantees during this period. Program operations during the Recovery Act (Program Year 2010) are compared to operations during the year previous to the Recovery Act (Program Year 2008).

  20. Islamic Perspective on the Impact of Ethics and Tax for Nigerian Economic Development

    OpenAIRE

    Aliyu, Almustapha A.; Alkali, Mohammed Yusuf; Alkali, Ibrahim

    2016-01-01

    The tax system, policies, and structures have been one of the significant factors that directly affect the social and economic activities of any nation. Despite the importance of tax, the attitude of the taxpayers, their reaction concerning tax, could in greater sense facilitate or draw back the policies and system from their original intention and purposes, particularly from an Islamic perspective. Islamic tax income is for the benefits of poor, needy and less privileged people in the societ...

  1. Tax Havens and Its Impact on Economic Growth

    OpenAIRE

    McClellan, Collin

    2011-01-01

    This thesis focuses on the effects tax havens have on both developed and developing countries. The work is presented in four chapters. The first chapter builds a framework of the subject by focusing on tax havens and the issues they create. A brief history of tax havens is discussed and essential statistics are presented. The second chapter discusses the effects tax havens have on developing countries. The link between transfer pricing and tax havens is also analyzed. The third chapter identi...

  2. The Aggregate and Distributional Effects of the Tax Reform Act of 1986 on Firm Valuation.

    OpenAIRE

    Givoly, Dan; Hayn, Carla

    1991-01-01

    The authors examine the aggregate and distributional effects of the Tax Reform Act of 1986 on equity values of publicly traded corporations. The results show that the effect of the act on the aggregate equity value of corporations was consistent with the present value of the projected added tax collection from the corporate sector. The cross-sectional variation in the magnitude and direction of the stock price response to the Tax Reform Act of 1986 was a function of both the direct and indire...

  3. Romania's Economic Recovery Strategy in 10 Years

    OpenAIRE

    Gradea Cristina

    2012-01-01

    Globalization, by its proportions, changed the basis and the perspective of the economic life as a fundamental change in human history. Involving major implications, it determined redefining our possibilities and limits of acting at local action. Globalization is a system where the objective function aims the whole in order to eliminate adversity and competition, to generate creative destruction.

  4. TAX COSTS AND CORPORATION DIVIDEND POLICY: Evidence from the 1986 U.S. Tax Reform Acts

    Directory of Open Access Journals (Sweden)

    Siddharta Utama

    2003-02-01

    shareholders with long investment horizons because the tax cost saved from decreasing dividend payout ratios is an increasing function of shareholders’ investment horizon. The empirical tests support the hypothesis and show a negative relationship between the change in incremental tax costs and the change in dividend payout ratios for firms with long average investment horizons.

  5. Federal tax incentives affecting coal and nuclear power economics

    International Nuclear Information System (INIS)

    Chapman, D.

    1982-01-01

    This paper analyzes the effect of federal corporate income tax incentives on coal and nuclear power developments. It estimates (1) the magnitudes of tax incentives in relationship to utility costs, (2) the relative magnitude of benefits going to coal and nuclear facilities, and (3) the influence which the time paths of tax payments and after-tax net income have upon possible incentives for premature construction and excess capacity. Utility planners currently believe that nuclear power enjoys an after-tax competitive advantage over coal plants. Investigation of investment-related credits, deductions, and exclusions in the Internal Revenue Code shows that nuclear power enjoys a more favorable tax subsidy because of its greater capital intensity. In the absence of tax subsidies, no utility would prefer nuclear power to coal generation. Tax changes now under consideration could increase the tax benefits to both without disturbing the differential advantage held by nuclear power. 43 references, 2 figures, 4 tables

  6. The Good, the Bad, and the Ugly! Highlights of the 1996 Major Tax Acts (Effective Immediately!).

    Science.gov (United States)

    Lukaszewski, Thomas E.

    1997-01-01

    Describes four major tax acts which significantly impact businesses and individual taxpayers. Includes important issues affecting businesses, such as changes in minimum wage, depreciable personal property, pensions, and tax credits. Also describes important issues affecting individuals, including changes in spousal IRAs, adoption expense credits,…

  7. Reforestation tax incentives under the American jobs creation act of 2004

    Science.gov (United States)

    Thomas J. Straka; John L. Greene

    2007-01-01

    The American jobs creation act of 2004 made significant changes in the reforestation tax incentives available to private forest owners. Owners can now deduct outright reforestation costs up to $10,000 per year for each qualifying timber property and amortize any additional amount over 8 tax years. to assess the financial benefit the new incentives provide to forest...

  8. Income Tax Act, 1989 (No. 1 of 1989), 6 April 1989.

    Science.gov (United States)

    1989-01-01

    This Saint Lucia Act revises and consolidates the law relating to income tax. It contains the following provisions, among others: 1) income accrued to a married woman is to be taxed in her own name; 2) the spousal deduction is set at $1500; and 3) the child deduction is set at $1000.

  9. Economic and political foundations of local tax structures: an empirical investigation of the tax mix of Flemish municipalities

    OpenAIRE

    Benny Geys; Federico Revelli

    2011-01-01

    This is the authors’ final, accepted and refereed manuscript to the article Building on the revenue structure theory developed by Hettich and Winer (1984, 1988, 1999), this paper is the first to investigate the economic and political determinants of local tax mix choices. We thereby use panel data on 289 municipalities in the Flemish region of Belgium (period 1995-2002), where local governments enjoy extensive fiscal autonomy and have a wide choice of available tax instruments. Estimating ...

  10. ELEMENTS TAX OPTIMIZATION SMALL AND MEDIUM ECONOMIC AGENTS DURING CRISIS

    Directory of Open Access Journals (Sweden)

    Negoescu Gheorghe

    2015-05-01

    Full Text Available In Romania there is a high level of taxation, which dramatically reduces the remaining cash available to economic agents in the conditions in which short and long-term loans are granted at interest rates two to three times higher than in the European, US, and Japan. Failure to pay the debts to the state lead to access (interest, penalties and fines significant delay for one year can double duty. Under these conditions, small businesses are forced to seek personal savings (hopefully to offset debts receivable at IFNs in disadvantageous conditions of interest, or the underworld loan sharks. In these circumstances it is not surprising that the number of corporate bankrupts multiplied. In our attempt to answer PFA alternative employment or as a form of tax optimization.

  11. INNOVATION-LED ECONOMIC DEVELOPMENT THROUGH MARKETING AND TAX INCENTIVES

    Directory of Open Access Journals (Sweden)

    Camelia Surugiu

    2015-09-01

    Full Text Available Specialists and decision-makers recognize the power of innovation in inducing economic growth and development of regions and countries. The question is how to sustain an innovative environment, in order to generate creative ideas for the market. The authors debate two solutions, namely marketing and fiscal policy, but we have to underline that there are other instruments available to induce innovativeness. This paper submits to the attention, the innovation as being one of the main forces which supports economic development and economic recovery. Governments which sustain enterprises’ innovation of products and process will have many chances to transform economies into developed and prosperous ones. But innovation by itself does not bring always success, and that is why marketers, economists and innovators must cooperate for favourable outcomes to occur.

  12. Green taxes: economic theory and empirical evidence from Scandinavia

    International Nuclear Information System (INIS)

    Braennlund, Runar; Gren, Ing-Marie

    1999-01-01

    The prospect of simultaneously achieving a 'greener' environment, increased tax revenues and lower levels of unemployment has made ecological taxes an increasingly popular proposition. This volume examines the possibility of ecological tax reform in the Nordic countries of Denmark, Norway and Sweden. (Author)

  13. An assessment of tax reliefs and economic development in Nigeria ...

    African Journals Online (AJOL)

    Therefore, in as much as the imposition of tax is inevitable, some measures are put in place by the government to reduce the burden of tax on taxpayers. This is aimed at providing the tax payers with a sufficient disposable income which its resultant effect is the improvement of standard of living of the citizenry. For the ...

  14. RETHINKING ECONOMICS-OF-CRIME MODEL OF TAX COMPLIANCE FROM BEHAVIORAL PERSPECTIVE APPLIED TO ROMANIAN CASE

    Directory of Open Access Journals (Sweden)

    Elena Ana Iancu(Nechita

    2016-12-01

    Full Text Available Present paper tackles several research paradigms regarding tax compliance behavior that have been used to understand tax evasion phenomenon and tax avoidance behavior of the taxpayer. These notions have been studied by numerous researchers all over the world as phenomenon of tax evasion has a debating issue on every state agenda for several decades. First economic model of tax compliance behavior was developed in the early 1970s and since then researchers improved the model adding new elements from sociology, psychology, legal studies, finance, game theory, neurosciences, econophysics and others. This paper presents the most important developments of current theories regarding tax compliance behavior starting from the economics-of-crime model,till the 'slippery slope framework ', and more. It creates the premises for a Romanian model of tax compliance behavior according to national characteristics regarding taxpayers attitude towards tax avoidance, risk appetite or aversion upon enforcement of law through punishment and penalty, taxpayers’ trust in authority’s efficient spending of tax collected revenue to public budget and personal beliefs regarding notions like morality, cheating, honesty, social responsibility, loyalty, patriotism, civic duty, guilt, fairness, reciprocity or financial incentives. Recent models of tax compliance behavior underline the importance of the dynamics between all the actors involved in the fiscal system such as government, tax authorities, tax consultants and accountants and the behavior of all other taxpayers as a whole. Current research trends believe that these are mutually related. Another important aspect regarding taxpayer’s attitude towards tax avoidance is its own motivation to voluntarily pay taxes driven by intrinsic beliefs or by fear of penalty coming from enforcement of laws. On the contrary, other taxpayers choose to assume an extra share of risk and decide to avoid taxes hiding in anonymity of

  15. Tuition reduction is the key factor determining tax burden of graduate students under the Tax Cuts and Job Act [version 2; referees: 2 approved

    Directory of Open Access Journals (Sweden)

    Patricia M. Lawston

    2018-02-01

    Full Text Available Background: The proposed Tax Cuts and Jobs Act (H.R.1 has stirred significant public debate on the future of American economics.  While supporters of the plan have championed it as a necessity for economic revitalization, detractors have pointed out areas of serious concern, particularly for low- and middle-income Americans.  One particularly alarming facet of the plan is the radical change to education finance programs and taxation of students in higher education.  Methods:  By analyzing actual income and tuition of a public and a private university student, as well as the ‘average’ graduate student, we investigated the effect of both the House and Senate versions of H.R. 1 on taxation of students of various family structures.  Results:  Our findings indicate that taxable tuition would be the greatest contributor to graduate student tax burden across all four categories of filing status.  However, when tuition reduction is upheld or a student is on sustaining fees rather than full tuition, graduate students would realize decreases in taxation. Conclusions:  Overall, we conclude that removal of tuition reduction would result in enormous tax burdens for graduate students and their families and that these effects are dependent not only on the status of the student in their degree program but also on their tuition and stipend, and therefore the institution they attend.

  16. Department of Energy Recovery Act Investment in Biomass Technologies

    Energy Technology Data Exchange (ETDEWEB)

    None

    2010-11-01

    The American Recovery and Reinvestment Act of 2009 (Recovery Act) provided more than $36 billion to the Department of Energy (DOE) to accelerate work on existing projects, undertake new and transformative research, and deploy clean energy technologies across the nation. Of this funding, $1029 million is supporting innovative work to advance biomass research, development, demonstration, and deployment.

  17. Recovery Act Hospital Alteration Project at Naval Air Station Jacksonville

    Science.gov (United States)

    2010-12-07

    QMAD Quantitative Methods and Analysis Division RLF Rogers Lovelock & Fritz, Incorporated SE Southeast SF Square Feet SOW Statement of Work TMA TRICARE...Finally, the contractor, Rogers Lovelock & Fritz, Incorporated, reported the recipient information required by the Recovery Act. What We Recommend...contractor, Rogers Lovelock & Fritz, Incorporated (RLF), reported the recipient information required by the Recovery Act. Planning: Initially, Project

  18. 26 CFR 1.381(c)(12)-1 - Recovery of bad debts, prior taxes, or delinquency amounts.

    Science.gov (United States)

    2010-04-01

    ... delinquency amounts. 1.381(c)(12)-1 Section 1.381(c)(12)-1 Internal Revenue INTERNAL REVENUE SERVICE...(c)(12)-1 Recovery of bad debts, prior taxes, or delinquency amounts. (a) Carryover requirement. (1... corporation is entitled to the recovery of a bad debt, prior tax, or delinquency amount on account of which a...

  19. Deferred tax analysis and impact on firm's economic efficiency ratios

    Directory of Open Access Journals (Sweden)

    Hana Bohušová

    2005-01-01

    Full Text Available Category of deferred income tax is a complex topic including the whole accounting system and the income tax. Calculation method can be time-consuming and demanding a high quality system of analytical evidence and a system of valuation and demanding the high level of accountants' knowledge. The aim in the theoretical level was to analyze process of calculation and recording of deferred tax. Importance of recording of deferred tax and the impact on financial analysis ratios was analyzed. Fourteen business entities were examined. Deferred tax recording is a legal way to reduce retained earnings a to protect of its careless alocation.

  20. "PAY NOW, ARGUE LATER" RULE – BEFORE AND AFTER THE TAX ADMINISTRATION ACT

    Directory of Open Access Journals (Sweden)

    Carika Keulder

    2013-12-01

    Full Text Available The South African Revenue Service (SARS is entrusted with the duty of collecting tax on behalf of the South African government. In order to ensure effective and prompt collection of taxes, the payment of tax is not suspended pending an objection or an appeal, unless directed otherwise. This is also known as the "pay now, argue later" rule, and, for value-added tax purposes, is provided for in terms of section 36 of the Value-Added Tax Act 89 of 1991. The "pay now, argue later" rule in terms of section 36 of the Value-Added Tax Act prima facie infringes on a taxpayer's right of access to the courts as envisaged in section 34 of the Constitution. This is due to the fact that a taxpayer is obliged to pay tax before being afforded the opportunity to challenge the assessment in a court. In Metcash Trading Ltd v Commissioner for the South African Revenue Service, the Constitutional Court held the "pay now, argue later" rule in terms of section 36 to be constitutional. Olivier, however, does not agree with the court on several matters. Amongst the problems she indicates are that the taxpayer does not have access to the courts at the time the rule is invoked, and that the court did not consider the fact that there might be less invasive means available which would ensure that SARS's duty is balanced with the taxpayer's right of access to the courts. Guidelines were also issued which provide legal certainty regarding the factors SARS may consider in determining whether the payment of tax should be suspended or not. These guidelines also evoked some points of criticism. Since 1 October 2012, the "pay now, argue later" rule has been applied in terms of section 164 of the Tax Administration Act 28 of 2011. The question arises whether this provision addresses the problems identified in respect of section 36 of the Value-Added Tax Act and the guidelines. In comparing these sections, only slight differences emerged. The most significant difference is that

  1. Tax Revenues in the Context of Economic Determinants

    Directory of Open Access Journals (Sweden)

    Alena Andrejovská

    2018-03-01

    Full Text Available Despite the general recognition that taxes are generally a strong policy tool for assessing the macroeconomic impact of the country's alternative tax policies, taxes are often weakened by restrictions on tax revenue measurement. The aim of the contribution is to quantify the impact of selected macroeconomic indicators (gross domestic product, level of employment, public debt, foreign direct investments, effective tax rate, statutory tax rate on the total amount of tax revenues, taking into account the tax competitiveness of the 28 EU member states. There was used methods of three models of regression analysis: the pooling model, the fixed effects model and the random effects model. The hypothesis that the gross domestic product has the greatest impact on tax revenue has been tested. In conclusion, the analysis confirmed that the strongest correlation is between tax revenues and employment rate. Followed by foreign direct investment and gross domestic product. Increasing these determinants by 1 mil. € (increase in employment by 1% would increase tax revenues by 10 072 mil. € at the employment rate, by 383.1 thousand € for gross domestic product and by 434.2 thousand € for foreign direct investment.

  2. Economic/climate recovery scorecards. How climate friendly are the economic recovery packages?

    International Nuclear Information System (INIS)

    Hoehne, N.; Eisbrenner, K.; Phylipsen, D.; Burck, J.; Van der Straeten, L.

    2009-04-01

    As global leaders head to the G20 summit to consider solutions to the current global economic crisis, a new report prepared by Ecofys and Germanwatch for WWF and E3G reveals that many of the economic recovery packages being discussed are a missed opportunity in terms of stimulating a green recovery, and actually run the risk of locking the world into a high-carbon future. The report provides the most detailed and comprehensive analysis to date of the proposed 'stimulus' packages of five key countries - France, Germany, Italy, the UK and the US - as well as the package agreed by the European Union as a whole.

  3. TRENDS IN TAX DEVELOPMENT - EFFICIENCY AND ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    Tanya Todorova

    2017-12-01

    Full Text Available The discussion on the role of the state and the amount of public revenue to maintain a balance between economic stability and social justice lasts for decades. The need for active state participation in the economy and the use of public revenue as a fiscal instrument is tangible. Delayed economic growth rates on global, regional and national level are a challenge to budget stability. In this article, the object of research is taxation, the subject - the trends and challenges to its effectiveness. The aim is to clarify whether there is a clear strategy on the marginal and implicit tax rate on the income of the population by comparing Bulgaria and other newly admitted countries in the EU (Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Slovakia, Slovenia and Romania. The main task is to justify the need to build a long-term strategy to increase the efficiency of labor taxation in order to achieve optimal distribution and redistribution of income.

  4. Dance business - accounting, tax, legal and economic connections

    OpenAIRE

    Svitlík, Jan

    2010-01-01

    The thesis summarizes the most important conditions and duties of the beginning and process of dance business of sole trader from tax, accounting and business law view. Theoretic part mainly deals with the choice of legal form of business, tax accounting as an example of evidence of business process of sole trader and calculation of tax liability of sole trader. Practical part describes business process of dance school and applies to this real example some of the information of theoretic part...

  5. The Economic Implications of Introducing Carbon Taxes in South Africa

    DEFF Research Database (Denmark)

    Arndt, Thomas Channing

    2014-01-01

    carbon adjustments. Results indicate that a phased-in carbon tax of US$30 per ton of CO2 can achieve national emissions reductions targets set for 2025. Relative to a baseline with free disposal of CO2, constant world prices and no change in trading partner behavior, the preferred tax scenario reduces......South Africa is considering introducing a carbon tax to reduce greenhouse gas emissions. Following a discussion of the motivations for considering a carbon tax, we evaluate potential impacts using a dynamic economywide model linked to an energy sector model including a detailed evaluation of border...

  6. Economic effects of a carbon tax in Belgium

    International Nuclear Information System (INIS)

    Bossier, F.; De Rous, R.

    1992-01-01

    This paper proposes to evaluate the consequences of the introduction of a carbon tax for the Belgian economy. To this end, two scenarios are studied. The first scenario introduces a carbon tax of about 23.5 ecus per ton of CO 2 emitted and the second scenario combines the tax with incentives to energy savings investments. The results suggest that the tax, alone, is not sufficient to meet the international requirements as far as a stabilization of CO 2 emissions is required. It is therefore suggested that a policy-mix of pure taxation measures with various forms of subsidies to investments should be achieved. (author)

  7. A Legal and Economic Analysis of Austria's Double Tax Treaty Network with Developing Countries

    OpenAIRE

    Braun, Julia; Fuentes Hernandez, Daniel

    2014-01-01

    To what degree developing countries gain from signing double tax treaties is being hotly debated. In this paper, we analyze the Austrian tax treaty policy. Combining legal and economic perspectives, we find that developing countries are likely to expect both positive and negative impacts from signing a double tax treaty (DTT) with Austria. On the one hand, the results of our econometric analysis suggest that middle-income countries that sign a DTT with Austria may expect an inc...

  8. Islamic Perspective on the Impact of Ethics and Tax for Nigerian Economic Development

    Directory of Open Access Journals (Sweden)

    Almustapha A. Aliyu

    2016-12-01

    Full Text Available The tax system, policies, and structures have been one of the significant factors that directly affect the social and economic activities of any nation. Despite the importance of tax, the attitude of the taxpayers, their reaction concerning tax, could in greater sense facilitate or draw back the policies and system from their original intention and purposes, particularly from an Islamic perspective. Islamic tax income is for the benefits of poor, needy and less privileged people in the society. Even though, policies on tax approved tax avoidance and made it legal, however, tax evasion is illegal in all society because it will deviate from its purpose. The most significant point, however, evading taxes by the people is viewed as unethical behaviour in any economy as the consequences could be greater to the economy and society. Several countries used Islamic system of tax because of the ethics of the system and possibly fewer evasions by the Muslims. Given that, with the number of the Nigerian Muslims, adoption of Islamic tax system will improve the revenue generation, and thereby enhance the economic development of Nigerian economy.

  9. TAX COMPONENT OF FISCAL POLICY OF INCREASE COMPETITIVENESS OF NATIONAL ECONOMICS

    Directory of Open Access Journals (Sweden)

    A. Danilov

    2013-08-01

    Full Text Available The article is devoted to the problems of using fiscal levers to regulate the national economy competitiveness. What kind of tax levers should be used in order to increase the competitiveness of the national economy is justified. Taxes are the main source of fiscal revenue of the country, which depends on the inherent principles of optimizing the tax system, determined Ukraine's withdrawal from the crisis and raising the country's competitiveness. It is proposed differentiation in income tax rates, depending on whether the company is engaged in innovation and investment activity or not. Changing the rate of value added tax in a downward will reduce the revenue of the country. For enterprises that are not exporting products to decrease the amount of working capital for a certain period Fiscal policy that promotes the removal of the country's financial and economic crisis and the increasing competitiveness of the state, should be challenging. In order to implement incentive effects of taxes set forth in the tax code, we propose a linear programming model of the budget (revenue and expenditure . Building the economic and mathematical optimization model with possible actions challenging the tax factors of individual taxes and the possibilities of using the proceeds of certain taxes on certain items of expenditure budget.

  10. 26 CFR 20.2207A-1 - Right of recovery of estate taxes in the case of certain marital deduction property.

    Science.gov (United States)

    2010-04-01

    ... exercise right of recovery. Failure of an estate to exercise a right of recovery under this section upon a... 26 Internal Revenue 14 2010-04-01 2010-04-01 false Right of recovery of estate taxes in the case... REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF...

  11. 77 FR 13388 - Treasury Inspector General for Tax Administration; Privacy Act of 1974: Computer Matching Program

    Science.gov (United States)

    2012-03-06

    ... DEPARTMENT OF THE TREASURY Treasury Inspector General for Tax Administration; Privacy Act of 1974...: Notice. SUMMARY: Pursuant to 5 U.S.C. 552a, the Privacy Act of 1974, as amended, notice is hereby given... Administration. Beginning and Completion Dates: This program of computer matches is expected to commence on March...

  12. How Taxes and Spending on Education Influence Economic Growth in Poland

    Directory of Open Access Journals (Sweden)

    Michał Konopczyński

    2014-09-01

    Full Text Available This paper investigates the relationship between economic growth in Poland and four types of taxes and human capital investment. We primarily rely on an exogenous growth model that merges the Mankiw-Romer-Weil model, augmented with learning-by-doing and spillover-effects, with selected elements from the literature on optimal taxation. We demonstrate that in the period 2000-2011, economic growth in Poland was primarily due to a rapid increase in the human capital stock (at a rate of 5% per annum and only secondarily due to the accumulation of productive capital (2.7% annually. Simulations of tax cuts suggest that income taxes and consumption taxes restrict economic growth equally heavily. Simultaneously reducing all tax rates by 5 percentage points (pp in Poland should increase annual GDP growth by approximately 0.4 pp. Increasing spending on education by 1 pp of GDP would increase the growth rate by approximately 0.3 pp.

  13. THE IMPACT OF THE CORPORATE TAX ON THE ECONOMIC DEVELOPMENT. THE CASE OF ROMANIA

    Directory of Open Access Journals (Sweden)

    STĂNCULESCU SIMONA MARILENA

    2017-10-01

    Full Text Available t The tax accounting system in Romania suffers many changes from one year to another. We assume that these changes occur in order to have a positive impact on the Romanian economy. One of the most important taxes collected by the state is the corporate tax. In this paper we aim to show the impact of the corporate tax on the economic development of Romania. We selected the period between 2003 and 2015. We provide an argument for the selection of the indicators which describe the economic development. For the period analyzed we described the changes in the regulations regarding the income tax, the impact on the economic development (assessed in terms of foreign direct investment and the correlation between the two.

  14. IMPACT OF TAX EVASION ON THE ECONOMIC GROWTH IN THE EUROPEAN UNION

    Directory of Open Access Journals (Sweden)

    FLORIN BOȘTINĂ

    2017-12-01

    Full Text Available The relevance of the research topic emerges from the fact that an important part of the fiscal revenues is lost annually through activities of fiscal planning, fiscal circumvention and tax evasion, undertaken by the private sector. In this respect, the aim of the paper is to estimate, by using the econometric analysis, the impact of tax evasion on the economic growth in the European Union for the period 1997-2010 for which the data was available. For the tax evasion it have been used index as a proxy that optimizes by maximum. Thus the main hypothesis (that the index tax evasion positively influences the economic growth was not rejected, even after including some specific control variables in the regressive models. In other words, as tax evasion is increased the economic growth is likely to decrease.

  15. ANALYSIS OF PROVIDING A FAIR TAX TREATMENT IN THE ECONOMIC ENVIRONMENT OF THE NEW TAX SPECIFIC TO THE ACTIVITIES IN TOURISM SINCE 2017

    OpenAIRE

    NICOLAE ECOBICI; GABRIELA BUŞAN

    2016-01-01

    The work is in the applied research line and aims to analyze the legal provisions on specific tax regarding the measure in which this tax would ensure an equal tax treatment in the economic environment that would comply with the principle of proportionality. The specific tax will take effect from January 1st, 2017 in Romania for the activities in tourism and hotels field, restaurants, bars and public food services. The research methods are based on analysis and comparison. The pap...

  16. Integrating remediation and resource recovery: On the economic conditions of landfill mining

    International Nuclear Information System (INIS)

    Frändegård, Per; Krook, Joakim; Svensson, Niclas

    2015-01-01

    Highlights: • We compare two remediation scenarios; one with resource recovery and one without. • Economic analysis includes relevant direct costs and revenues for the landfill owner. • High degrees of metal and/or combustible contents are important economic factors. • Landfill tax and the access to a CHP can have a large impact on the result. • Combining landfill mining and remediation may decrease the project cost. - Abstract: This article analyzes the economic potential of integrating material separation and resource recovery into a landfill remediation project, and discusses the result and the largest impact factors. The analysis is done using a direct costs/revenues approach and the stochastic uncertainties are handled using Monte Carlo simulation. Two remediation scenarios are applied to a hypothetical landfill. One scenario includes only remediation, while the second scenario adds resource recovery to the remediation project. Moreover, the second scenario is divided into two cases, case A and B. In case A, the landfill tax needs to be paid for re-deposited material and the landfill holder does not own a combined heat and power plant (CHP), which leads to disposal costs in the form of gate fees. In case B, the landfill tax is waived on the re-deposited material and the landfill holder owns its own CHP. Results show that the remediation project in the first scenario costs about €23/ton. Adding resource recovery as in case A worsens the result to −€36/ton, while for case B the result improves to −€14/ton. This shows the importance of landfill tax and the access to a CHP. Other important factors for the result are the material composition in the landfill, the efficiency of the separation technology used, and the price of the saleable material

  17. Integrating remediation and resource recovery: On the economic conditions of landfill mining

    Energy Technology Data Exchange (ETDEWEB)

    Frändegård, Per, E-mail: per.frandegard@liu.se; Krook, Joakim; Svensson, Niclas

    2015-08-15

    Highlights: • We compare two remediation scenarios; one with resource recovery and one without. • Economic analysis includes relevant direct costs and revenues for the landfill owner. • High degrees of metal and/or combustible contents are important economic factors. • Landfill tax and the access to a CHP can have a large impact on the result. • Combining landfill mining and remediation may decrease the project cost. - Abstract: This article analyzes the economic potential of integrating material separation and resource recovery into a landfill remediation project, and discusses the result and the largest impact factors. The analysis is done using a direct costs/revenues approach and the stochastic uncertainties are handled using Monte Carlo simulation. Two remediation scenarios are applied to a hypothetical landfill. One scenario includes only remediation, while the second scenario adds resource recovery to the remediation project. Moreover, the second scenario is divided into two cases, case A and B. In case A, the landfill tax needs to be paid for re-deposited material and the landfill holder does not own a combined heat and power plant (CHP), which leads to disposal costs in the form of gate fees. In case B, the landfill tax is waived on the re-deposited material and the landfill holder owns its own CHP. Results show that the remediation project in the first scenario costs about €23/ton. Adding resource recovery as in case A worsens the result to −€36/ton, while for case B the result improves to −€14/ton. This shows the importance of landfill tax and the access to a CHP. Other important factors for the result are the material composition in the landfill, the efficiency of the separation technology used, and the price of the saleable material.

  18. Special Report "The American Recovery and Reinvestment Act and the Department of Energy"

    Energy Technology Data Exchange (ETDEWEB)

    None

    2009-03-01

    The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law on February 17, 2009, as a way to jumpstart the U.S. economy, create or save millions of jobs, spur technological advances in science and health, and invest in the Nation's energy future. This national effort will require an unprecedented level of transparency and accountability to ensure that U.S. citizens know where their tax dollars are going and how they are being spent. As part of the Recovery Act, the Department of Energy will receive more than $38 billion to support a number of science, energy, and environmental initiatives. Additionally, the Department's authority to make or guarantee energy-related loans has increased to about $127 billion. The Department plans to disburse the vast majority of the funds it receives through grants, cooperative agreements, contracts, and other financial instruments. The supplemental funding provided to the Department of Energy under the Recovery Act dwarfs the Department's annual budget of about $27 billion. The infusion of these funds and the corresponding increase in effort required to ensure that they are properly controlled and disbursed in a timely manner will, without doubt, strain existing resources. It will also have an equally challenging impact on the inherent risks associated with operating the Department's sizable portfolio of missions and activities and, this is complicated by the fact that, in many respects, the Recovery Act requirements represent a fundamental transformation of the Department's mission. If these challenges are to be met successfully, all levels of the Department's structure and its many constituents, including the existing contractor community; the national laboratory system; state and local governments; community action groups and literally thousands of other contract, grant, loan and cooperative agreement recipients throughout the Nation will have to strengthen existing or

  19. Economical photovoltaic power generation with heat recovery

    Science.gov (United States)

    Ascher, G.

    1977-01-01

    Three designs for conversion of solar radiation to electricity and thermal energy are analyzed. The objective of these converters is to increase the electric and thermal output for each photovoltaic array so as to lower the cell cost relative to the amount of energy delivered. An analysis of the economical aspects of conversion by photovoltaic cells with heat recovery is carried out in terms of hypothetical examples. Thus, it is shown that the original cost of say $40,000 per generated kilowat can be reduced to $572.00 per kilowatt by increasing the original electric output of 1 kW to 10 kW in electricity and 60 kW in thermal energy. The newly derived specific cost is only 1.4 percent of the original one. It is expected that a cost reduction of roughly 2% of the present specific cost per kilowatt will greatly stimulate public acceptance of photovoltaic terrestrial conversion to electricity.

  20. The economics of aquifer storage recovery technology

    International Nuclear Information System (INIS)

    David, R.; Pyne, G.

    2014-01-01

    Aquifer storage recovery (ASR) technology is increasingly being utilized around the world for storing water underground through one or more wells during wet months and other times when water is available for storage. The water is then recovered from the same wells when needed to meet a growing variety of water supply objectives. The economics of ASR constitute the principal reason for its increasing utilization. ASR unit capital costs are typically less than half those of other water supply and water storage alternatives. Unit operating costs are usually only slightly greater than for conventional production well-fields. Marginal costs for ASR storage and recovery provide a powerful tool for making more efficient use of existing infrastructure, providing water supply sustainability and reliability at relatively low cost. The opportunity exists for a careful analysis of the net present value of ASR well-fields, addressing not only the associated capital and operating costs but also the value of the benefits achieved for each of the water supply objectives at each site. (Author)

  1. The economics of aquifer storage recovery technology

    Energy Technology Data Exchange (ETDEWEB)

    David, R.; Pyne, G.

    2014-10-01

    Aquifer storage recovery (ASR) technology is increasingly being utilized around the world for storing water underground through one or more wells during wet months and other times when water is available for storage. The water is then recovered from the same wells when needed to meet a growing variety of water supply objectives. The economics of ASR constitute the principal reason for its increasing utilization. ASR unit capital costs are typically less than half those of other water supply and water storage alternatives. Unit operating costs are usually only slightly greater than for conventional production well-fields. Marginal costs for ASR storage and recovery provide a powerful tool for making more efficient use of existing infrastructure, providing water supply sustainability and reliability at relatively low cost. The opportunity exists for a careful analysis of the net present value of ASR well-fields, addressing not only the associated capital and operating costs but also the value of the benefits achieved for each of the water supply objectives at each site. (Author)

  2. 26 CFR 1.6072-3 - Income tax due dates postponed in case of China Trade Act corporations.

    Science.gov (United States)

    2010-04-01

    ... Trade Act corporations. 1.6072-3 Section 1.6072-3 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT... Documents § 1.6072-3 Income tax due dates postponed in case of China Trade Act corporations. (a) With... tax return of any corporation organized under the China Trade Act of 1922 (15 U.S.C. ch. 4), as...

  3. Optimal tax rate and economic growth. Evidence from Nigeria and South Africa

    Directory of Open Access Journals (Sweden)

    Olufemi Muibi SAIBU

    2015-05-01

    Full Text Available The recent economic crisis had made developing countries to look inward for financial resources to finance development. The readily alternative is the tax revenues however, the possible adverse direct and indirect effects of tax on productivity and work efforts as well as on aggregate consumption had make some African countries (especially Nigeria and South Africa reluctant in implementing far reaching tax policy reform. This paper examines optimal tax burden and real output growth Nigeria and South Africa, two of the top four economies in Africa. The paper empirically determined what should be the optimal tax rate for Nigeria and South Africa-the two leading economies in Africa. The paper found that nonlinearity hypothesis in the effects of tax in the case of South Africa is rejected while a significant nonlinear relationship is found in the case of Nigeria. The results suggest that the growth-maximizing tax rate is about 15% of per capita GDP for South Africa and 30% for Nigeria. At that tax rate, the economic growth rate would be around 6% and 8% instead of the actual mean growth rate of 2.84% and 4.51% for South Africa and Nigeria respectively. The paper concluded the current tax burden in the two countries may be sub-optimal and may hurt long term sustainable growth process in the two countries

  4. Tax Evasion and the Impact on Economic Growth Acta Universitatis Danubius. OEconomica

    Directory of Open Access Journals (Sweden)

    Shkendije Demalijaj Ukaj

    2014-12-01

    Full Text Available The level of taxation is very important for the development of current and future of a country and fiscal policy should always be considered as an important factor in the behavior of participants and their ability to tax evasion and informality. Government fiscal policies can trigger tax increase under pressure, especially in situations such as economic crisis, inflation, unemployment, instability, when the burden of this obligation grows, its effects are considered to take them to tax evasion and informality (Dragomir. et al. 2011. However, these reasons do not relate to all the great presence of this phenomenon in Kosovo, taking into account the recent economic crisis has not reflected in the economy of Kosovo and the Kosovo tax burden is among the lowest in the region, but leading cause of tax evasion and informality can be considered above the corruption of public administration officials including tax and customs officials, insufficient staff for his fighting, weak rule of law, as well as lower fiscal culture for paying taxes. For this reason the scope of this paper will be the theoretical treatment of the informal economy and tax evasion in view of tax avoidance, meaning, characteristics and their effects on the economy and possible recommendations on these viewpoints.

  5. Impact of recent Federal tax and R and D initiatives on enhanced oil recovery

    International Nuclear Information System (INIS)

    Brashear, J.P.; Biglarbigi, K.; Ray, M.R.

    1991-01-01

    The National Energy Strategy contains two major elements designed to increase oil production from known reservoirs in the contiguous United States: (1) a tax credit for specific investment and injectant costs for qualified enhanced oil recovery (EOR) projects; and (2) a highly focused, public-private cooperative R ampersand D program. Both are currently being implemented by the Department of the Treasury and the Department of Energy, respectively. The present paper estimates the potential reserve additions and impacts on public treasuries at oil prices between $22 and $34/Bbl. The new Federal tax credit, alone, could doubler current proved EOR reserves at oil prices in the $22/Bbl range and increase them by about one-third at prices in the $30/Bbl range. The effect of technology advances alone could also about double EOR reserves at these prices. The combination of technology advances and the tax incentive synergistically amplifies the effects on potential EOR reserves

  6. The impact of tax forms on economic growth: Evidence from Serbia

    Directory of Open Access Journals (Sweden)

    Kalaš Branimir

    2017-01-01

    Full Text Available The aim of the paper is to show the relevance of nexus between tax forms and economic growth and how they affect on gross domestic product in Serbia for the period 2006-2015. The impact is manifested through the analysis of three main tax forms: personal income tax (PIT, corporate income tax (CIT and value-added tax (VAT and their effect on the macroeconomic indicator as gross domestic product (GDP. The analysis is for a period of ten years in Serbia, where the regression model is constructed so that the GDP is defined as the dependent variable, while the tax forms are set as independent variables. To ensure correctly specified regression model, authors used the next test: VIF test, BP and BPG test, as well as Ramsey reset test. Results show a high degree of positive correlation between the observed variables and the positive impact of the personal income tax, corporate income tax and value-added tax on the gross domestic product, but it is only the impact of value added tax statistically significant.

  7. Tax reform in emerging transition: Is Kosovo’s Government and NGOs mathematical economics rational?

    OpenAIRE

    Mulaj, Isa

    2009-01-01

    Tax reform in small emerging democracies is difficult to measure what effects is likely to produce due to countries’ aggregate political and economic vulnerabilities. If both are taken as remaining relatively stable, then it is easier to discuss what impact the reform introduced may have in the economy and her stakeholders. In absence of a monetary policy, the Government of Kosovo in mid-2008 adopted the changes in tax rates taking effect from January 2009, with the aim to foster economic gro...

  8. The effective use of property tax incentives for economic development

    OpenAIRE

    Daphne A. Kenyon; Adam H. Langley; Bethany P. Paquin

    2013-01-01

    To make property-tax incentives for business more effective, do not approve every incentive request, target use of incentives, avoid incentive wars, cooperate with surrounding localities, and conduct regular evaluations.

  9. Tax incentives and Made in Nigeria goods | Somorin | Economic and ...

    African Journals Online (AJOL)

    Made in Nigeria” concept and Companies that engage in made in Nigeria goods. It will explore how tax incentives can accelerate the growth of companies engaged in manufacturing of such made in Nigeria goods. From this paper, written ...

  10. A CUT VIEW CONCERNING THE ECONOMICAL TRANSFORMATION GENERATED BY THE WEALTH TAX: SEIZURE FOR BAHTIYAR HAN

    Directory of Open Access Journals (Sweden)

    Başak ERGÜDER

    2014-10-01

    Full Text Available market and monopoly as target in eliminating the shortages caused by the money supply shortages and high inflation rates in Turkey during World War II. But the hidden goal of this this law was to realize an economical transformation. The classification of the taxpayers as G (Non-muslims, M (Muslims, D (Proselyte and E (Foreigners, the inclination towards real estates owners and merchants in tax assessment, tax collection made mostly in İstanbul caused a problematic table in terms of taxation principles. 87 per cent of all taxpayers in Turkey was non-muslims and 54 per cent was in İstanbul. 68 per cent of the taxes accrued in Turkey was accrued in Istanbul and 70 per cent of the taxes collected in the country was paid in İstanbul. It can be clearly seen in this table that this tax could not realise the principle of universality and equality and that the outputs of Wealth Tax was to realize the economical transformation. In this study, the outputs of the economical transformation generated by the Wealth Tax Law will be analyzed in terms of Turkification of the economy. Although the target of reducing the money supply and decreasing the inflation rates were not accomplished via Wealth Tax Law, the economic transformation, which was the hidden goal of the law, was realized. In this study it will be focused in the role of SEE’s and public organizations in the sales and seizures made due to Wealth Tax. The seizure of Bahtiyar Han’s possessions by the Soil Products Office will be analyzed. This case deserves to be discussed and analyzed in terms of showing the mentality of the economical transformation and of the role of the public organizations in this period.

  11. ANALYSIS OF PROVIDING A FAIR TAX TREATMENT IN THE ECONOMIC ENVIRONMENT OF THE NEW TAX SPECIFIC TO THE ACTIVITIES IN TOURISM SINCE 2017

    Directory of Open Access Journals (Sweden)

    NICOLAE ECOBICI

    2016-12-01

    Full Text Available The work is in the applied research line and aims to analyze the legal provisions on specific tax regarding the measure in which this tax would ensure an equal tax treatment in the economic environment that would comply with the principle of proportionality. The specific tax will take effect from January 1st, 2017 in Romania for the activities in tourism and hotels field, restaurants, bars and public food services. The research methods are based on analysis and comparison. The paper specifically follows the way in which the specific tax will influence the taxpayers, corporate tax payers currently operating in the areas listed above, as they are obliged to replace the corporate tax with a fixed tax until 2017. This tax influenced only by the entity's ability to produce income (useful surface of the location, commercial venue (area and location, category and seasonality of activities, it no longer takes into account the actual obtained profit. We believe that in those areas was rather necessary to establish a minimum tax, not a fixed tax. We welcome the calculation and substantiation mode of the specific tax depending on the national average set at the level of 2014 based on the tax data from NAFA and other institutes and business organizations in these areas, however, after the analysis, we believe that this tax, although is going to ensure more efficient collection of tax claims from a larger number of taxpayers and is going to facilitate the reduction of tax evasion level from certain taxpayers and it will also facilitate the large taxpayers who usually due a lower tax than the performed profit.

  12. Distributional and regional economic impact of energy taxes in Belgium

    International Nuclear Information System (INIS)

    Vandyck, Toon; Van Regemorter, Denise

    2014-01-01

    We analyse the macroeconomic and distributional effects of increased oil excises in Belgium by combining a regional Computable General Equilibrium (CGE) model with a microsimulation framework that exploits the rich detail of household-level data. The link between the CGE model and the microlevel is top–down, feeding changes in commodity prices, factor returns and employment by sector into a microsimulation model. The results suggest that policymakers face an equity-efficiency trade-off driven by the choice of revenue recycling options. When the additional revenue is used to raise welfare transfers to households, the reform is beneficial for lower income groups, but output levels decrease in all regions. However, when the energy tax revenue is used to lower distortionary labour taxes, the tax shift is slightly regressive. In this case, national GDP is hardly affected but regional production levels diverge. The impact of the environmental tax reform on income distribution depends strongly on changes in factor prices and welfare payments, whereas sector composition is an important determinant for regional impact variation. - Highlights: • We study the impact of oil excises across regions and households in Belgium. • Lower income groups gain if the revenue is used to raise welfare payments. • If labour taxes are reduced, the reform is only slightly regressive. • The differential impact across households is driven by factor price changes. • Sector composition is a crucial determinant for impact variation across regions

  13. The clause against tax avoidance in the Guidelines of the project on the change of the Tax Ordinance Act of April 2013

    Directory of Open Access Journals (Sweden)

    Marta Gordon

    2013-12-01

    Full Text Available The demand to tighten tax regulations has been updated on both international and domestic level due to the fact that taxpayers are increasingly using aggressive practices of tax avoidance. For this reason, the Minister of Finance formulated and published on the 30th April 2013 the Guidelines of the project on the change of the Tax Ordinance Act. According to the suggestions included therein, introduced to the Tax Ordinance Act would be the clause against tax avoidance along with instruments protecting taxpayers’ interests in the process of applying the aforementioned clause. The study includes a critical discussion of the solutions suggested by the Minister of Finance also in terms of problems which may arise in the process of their practical application. Reservations have mainly been made about both the project’s compliance with the Constitution, since the criteria of the clause application are too general, and formal imperfection of the regulations suggested.

  14. 26 CFR 25.2207A-1 - Right of recovery of gift taxes in the case of certain marital deduction property.

    Science.gov (United States)

    2010-04-01

    ... section 2519. (b) Failure of a person to exercise the right of recovery. (1) The failure of a person to... 26 Internal Revenue 14 2010-04-01 2010-04-01 false Right of recovery of gift taxes in the case of... SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES GIFT TAX; GIFTS MADE AFTER DECEMBER...

  15. 26 CFR 1.280F-1T - Limitations on investment tax credit and recovery deductions under section 168 for passenger...

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 3 2010-04-01 2010-04-01 false Limitations on investment tax credit and... Limitations on investment tax credit and recovery deductions under section 168 for passenger automobiles and... the amount of investment tax credit determined under section 46(a) and recovery deductions under...

  16. 26 CFR 1.170-3 - Contributions or gifts by corporations (before amendment by Tax Reform Act of 1969).

    Science.gov (United States)

    2010-04-01

    ... Tax Reform Act of 1969). (a) In general. The deduction by a corporation in any taxable year for... 26 Internal Revenue 3 2010-04-01 2010-04-01 false Contributions or gifts by corporations (before amendment by Tax Reform Act of 1969). 1.170-3 Section 1.170-3 Internal Revenue INTERNAL REVENUE SERVICE...

  17. The Non-Linear Effect of Corporate Taxes on Economic Growth

    Directory of Open Access Journals (Sweden)

    Huňady Ján

    2015-03-01

    Full Text Available The paper deals with the problem of taxation and its potential impact on economic growth and presents some new empirical insights into this topic. The main aim of the paper is to verify an assumed nonlinear impact of corporate tax rates on economic growth. Based on the theory of public finance and taxation, we hypothesize that at relatively low tax rates it is possible that the impact of taxation on economic growth become slightly positive. On the other hand when the tax rates are higher a negative impact of taxation on economic growth could be expected. Despite the fact that the most of the existing studies find a negative linear relationship between these variables, we can also find strong support for a non-linear relationship from several theoretical models as well as some empirical studies. Based on panel data fixed-effects econometric models, we, as well, find empirical evidence for a non-linear relationship between nominal and effective corporate tax rates and economic growth. Our data consists of annual observations for the period 1999 to 2011 for EU Member States. Based on the results, we also estimated the optimal level of the corporate tax rate in terms of maximizing economic growth in the average of the EU countries.

  18. Handling value added tax (VAT) in economic evaluations: should prices include VAT?

    Science.gov (United States)

    Bech, Mickael; Christiansen, Terkel; Gyrd-Hansen, Dorte

    2006-01-01

    In health economic evaluations, value added tax is commonly treated as a transfer payment. Following this argument, resources are valued equal to their net-of-tax prices in economic evaluations applying a societal perspective. In this article we argue that if there is the possibility that a new healthcare intervention may expand the healthcare budget, the social cost of input factors should be the gross-of-tax prices and not the net-of-tax prices. The rising interest in cost-benefit analysis and the use of absolute thresholds, net benefit estimates and acceptability curves in cost-effectiveness analysis makes this argument highly relevant for an appropriate use of these tools in prioritisation.

  19. Tax Revenue in Sub-Saharan Africa; Effects of Economic Policies and Corruption

    OpenAIRE

    Dhaneshwar Ghura

    1998-01-01

    An analysis of data for 39 sub-Saharan African countries during 1985–96 indicates that the variations in tax revenue-GDP ratios within this group are influenced by economic policies and the level of corruption. Namely, these ratios rise with declining inflation, implementation of structural reforms, rising human capital (a proxy for the provision of public services by the government), and declining corruption. The paper confirms that the tax revenue ratio rises with income, and that elements ...

  20. Tax Evasion and the Impact on Economic Growth Acta Universitatis Danubius. OEconomica

    OpenAIRE

    Shkendije Demalijaj Ukaj

    2014-01-01

    The level of taxation is very important for the development of current and future of a country and fiscal policy should always be considered as an important factor in the behavior of participants and their ability to tax evasion and informality. Government fiscal policies can trigger tax increase under pressure, especially in situations such as economic crisis, inflation, unemployment, instability, when the burden of this obligation grows, its effects are considered to take them t...

  1. Can Fiscal Policy Stimulus Boost Economic Recovery?

    OpenAIRE

    Agnello, L.; Sousa, R.

    2011-01-01

    We assess the role played by fiscal policy in explaining the dynamics of asset markets. Using a panel of ten industrialized countries, we show that a positive fiscal shock has a negative impact in both stock and housing prices. However, while stock prices immediately adjust to the shock and the effect of fiscal policy is temporary, housing prices gradually and persistently fall. Consequently, the attempts of fiscal policy to mitigate stock price developments (e.g. via taxes on capital gains) ...

  2. Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy

    Science.gov (United States)

    2010-07-22

    Mankiw , Principles of Economics (Ft. Worth, Dryden Press, 1998), p556, and Robert J. Barro, “Are Government Bonds Net Wealth?” Journal of Political...CRS Report for Congress Prepared for Members and Committees of Congress Economic Recovery: Sustaining U.S. Economic Growth in a Post...2. REPORT TYPE 3. DATES COVERED 00-00-2010 to 00-00-2010 4. TITLE AND SUBTITLE Economic Recovery: Sustaining U.S. Economic Growth in a Post

  3. Recovery Act Final Project Report -- Transportation Electrification

    Energy Technology Data Exchange (ETDEWEB)

    Gogineni, Kumar

    2013-12-31

    ChargePoint America demonstrated the viability, economic and environmental benefits of an electric vehicle-charging infrastructure. Electric vehicles (EVs) and plug-in electric vehicles (PHEVs) arrived in late 2010, there was a substantial lack of infrastructure to support these vehicles. ChargePoint America deployed charging infrastructure in ten (10) metropolitan regions in coordination with vehicle deliveries targeting those same regions by our OEM partners: General Motors, Nissan, Fisker Automotive, Ford, smart USA, and BMW. The metropolitan regions include Central Texas (Austin/San Antonio), Bellevue/Redmond (WA), Southern Michigan, Los Angeles area (CA), New York Metro (NY), Central Florida (Orlando/Tampa), Sacramento (CA), San Francisco/San Jose (CA), Washington DC and Boston (MA). ChargePoint America installed more than 4,600 Level 2 (220v) SAE J1772™ UL listed networked charging ports in home, public and commercial locations to support approximately 2000 program vehicles. ChargePoint collected data to analyze how individuals, businesses and local governments used their vehicles. Understanding driver charging behavior patterns will provide the DoE with critical information as EV adoption increases in the United States.

  4. HARMONIZATION OF TAX SYSTEMS IN THE EAEU COUNTRIES IN THE CONDITIONS OF DEEPENING ECONOMIC INTEGRATION

    Directory of Open Access Journals (Sweden)

    Aleksandr V. Ishkhanov

    2018-03-01

    Full Text Available The present article analyzes the viewpoints of scientists of different economic directions on the possibility and expediency of tax policy coordination in the countries-participants of economic and monetary associations. The authors assess the role of tax instruments in the regional integration associations, study the differences in the tax systems of the countries of the Eurasian Economic Union, which restrain the integration processes within the union. The influence of the fiscal policy of the EAEU member countries on the state of their economies is studied. The authors of the article believe that, in the context of deepening integration in the EAEU, the deliberate distribution of powers in the field of tax regulation between state and supranational authorities ensuring a consistent approximation of tax systems of the participating countries taking into account the economic situation and interests of all members of the association, gains particular relevance. The measures on ensuring the elimination of double taxation within the union are proposed. The authors come to the conclusion that it is necessary to harmonize the tax policies of the member countries of the association. At the same time, the harmonization of taxation in the countries of the union should become a condition, the observance of which is necessary for the formation of a currency zone in the territory of the Unified Energy System. The article presents a set of measures aimed at ensuring equal conditions for taxing business in the EAEU. Particular attention is paid to the study of the possibility of expanding the revenues and expenditures of the unified budget of the EAEU with a view to providing financial support to projects aimed at accelerating the processes of economic and monetary integration. The authors consider it expedient to redistribute part of the national income of the participating countries to the depressed regions of the association, provided that these measures

  5. Education Funding Crisis in the Suburbs: The Impact of the 2007-09 Recession Recovery Policies and the New York State Tax Levy Cap on School District Financial Planning Practices

    Science.gov (United States)

    Galligan, John J.; Annunziato, Anthony

    2017-01-01

    This article examines the impact of the fiscal recovery policies stemming from the 2007-09 economic recession and the implementation of the 2011 New York State Property Tax Levy Cap on the budgets of school districts located within a Long Island, New York suburban township. The research basis of this paper is based on two studies conducted by the…

  6. Long-Run Nexus between Tax Revenue on Economic Performance: Empirical Evidence from Malaysia

    OpenAIRE

    Roshaiza Taha; Nanthakumar Loganathan

    2014-01-01

    Taxation is main source of government income and has direct linkages with economic performance for most of countries. This study attempts to investigate the long-run nexus between economic performance and tax revenue for Malaysia as a developing nation with dynamic economic progress for the last 2 decades. To determine the long-run nexus, we used the structural breaks effects with the conjunction of ARDL cointegration analysis along with causality analysis. The empirical finding successfully ...

  7. The economic impact of a rural land tax on selected commercial farms in Kwazulu-Natal, South Africa

    Directory of Open Access Journals (Sweden)

    MAG Darroch

    2012-10-01

    Full Text Available This study investigates the economic impact of a land tax implemented under the Local Government Municipal Property Rates Act No. 6 of 2004 on commercial farms using five case studies with five-year data sets in the Mtonjaneni and Umgeni municipal districts of KwaZulu-Natal. The case farms’ ability to pay annual rates between 0.25 per cent and 1 per cent of the value of improved land using real annual economic profit with and without rebates of up to 70 per cent proposed by the Department: Provincial and Local Government ranged from zero to five out of five years, with a mean of two out of five years. A 2 per cent land tax rate with such rebates could also be financed only in two out of five years on average. These results suggest that proposed annual land tax rates of 1.5 per cent (Mtonjaneni or 1 per cent (Umgeni on these specific farms would markedly reduce the incentive to invest in farm improvements

  8. Tax Revenue and Economic Growth: A Study of Nigeria and Ghana

    Directory of Open Access Journals (Sweden)

    Francis Chinedu Egbunike

    2018-03-01

    Full Text Available Tax revenue is frequently considered as an alternative form of sustainable financing within a stable and predictable fiscal environment to promote growth and enable governments to finance their social and infrastructural needs. The objective of the study is to examine the effect of tax revenue on economic growth of Nigeria and Ghana. The study used multiple regressions as tools of analysis. The study finds a positive impact of tax revenue on the gross domestic product of Nigeria and Ghana confirming prior studies. The study recommended among others that adequate measure to ensure that revenue generated from the tax is effectively utilized to develop and grow the economy.DOI: 10.15408/sjie.v7i2.7341

  9. Impact of Direct and Indirect Tax on the Nigerian Economic Growth

    Directory of Open Access Journals (Sweden)

    Oyebisi Mary Ogundana

    2017-11-01

    Full Text Available This research examined the direct and indirect impact of taxation on the Nigerian economic growth. This research centered on two major objectives by focusing on the trend of direct and indirect tax and the impact of the Nigerian tax system on the growth of the economy.  The research adopted the descriptive research design.  The secondary source of data was also engaged as this data was from CBN statistical bulletin and the annual reports from 1994-2013. The research also used the ordinary least square regression technique. With the use of E-views 7.1 to analyze the data, the first objective was achieved by using graphical analysis while the second objective used ordinary least square regression analysis. The results reveal that the direct and indirect tax have a positive impact on the economy of Nigeria. Therefore, it is recommended that government should take advantage of taxation and promote tax system in Nigeria.

  10. The economics of the CDM levy: Revenue potential, tax incidence and distortionary effects

    International Nuclear Information System (INIS)

    Fankhauser, Samuel; Martin, Nat

    2010-01-01

    A levy on the Clean Development Mechanism and other carbon trading schemes is a potential source of finance for climate change adaptation. An adaptation levy of 2% is currently imposed on all CDM transactions which could raise around $500 million between now and 2012. This paper analyses the scope for raising further adaptation finance from the CDM, the economic costs (deadweight loss) of such a measure and the incidence of the levy, that is, the economic burden the levy would impose on the buyers and sellers of credits. We find that a levy of 2% could raise up to $2 billion a year in 2020 if there are no restrictions on demand. This could rise to $10 billion for a 10% tax. Restrictions on credit demand (called supplementarity limits, the requirement that most emission abatement should happen domestically) curtail trade volumes and consequently tax revenues. They also alter the economic impact of the CDM levy. Without supplementarity restrictions sellers (developing countries) bear two-thirds of the cost of the tax. If there are supplementarity limits they can pass on the tax burden to buyers (developed countries) more or less in full. Without supplementarity restrictions the distortionary effect of the levy (its deadweight loss) rises sharply with the tax rate. With them the deadweight loss is close to zero.

  11. Exploring the Economic Value of EPAct 2005's PV Tax Credits

    Energy Technology Data Exchange (ETDEWEB)

    Bolinger, Mark; Wiser, Ryan; Ing, Edwin

    2006-03-28

    The market for grid-connected photovoltaics (PV) in the US has grown dramatically in recent years, driven in large part by PV grant or ''buy-down'' programs in California, New Jersey, and many other states. The recent announcement of a new 11-year, $3.2 billion PV program in California suggests that state policy will continue to drive even faster growth over the next decade. Federal policy has also played a role, primarily by providing commercial PV systems access to tax benefits, including accelerated depreciation (5-year MACRS schedule) and a business energy investment tax credit (ITC). With the signing of the Energy Policy Act of 2005 (EPAct) on August 8, the federal government is poised to play a much more significant future role in supporting both commercial and residential PV systems. Specifically, EPAct increased the federal ITC for commercial PV systems from 10% to 30% of system costs, and also created a new 30% ITC (capped at $2000) for residential solar systems. Both changes went into effect on January 1, 2006, and--absent an extension (for which the solar industry has already begun lobbying)--will last for a period of two years: the new residential ITC will expire, and the 30% commercial ITC will revert back to 10%, on January 1, 2008. How much economic value do these new and expanded federal tax credits really provide to PV system purchasers? And what implications might they hold for state/utility PV grant programs? Using a generic (i.e., non-state-specific) cash flow model, this report explores these questions. We begin with a discussion of the taxability of PV grants and their interaction with federal credits, as this issue significantly affects the analysis that follows. We then calculate the incremental value of EPAct's new and expanded credits for PV systems of different sizes, and owned by different types of entities. We conclude with a discussion of potential implications for purchasers of PV systems, as well as for

  12. 26 CFR 1.269-7 - Relationship of section 269 to sections 382 and 383 after the Tax Reform Act of 1986.

    Science.gov (United States)

    2010-04-01

    ... the principal purpose of an acquisition is the evasion or avoidance of Federal income tax. [T.D. 8388... 383 after the Tax Reform Act of 1986. 1.269-7 Section 1.269-7 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Items Not Deductible...

  13. Business Recovery Strategies in the Economic Crisis of Recession ...

    African Journals Online (AJOL)

    This paper examines Nigeria's theoretical economic foundation, the consequence of recession generally and specifically on the Gross Domestic Product (GDP) growth rate (2008-2010) and on companies together with customers reaction. Business recovery strategies for an upturn over the economic crisis of recession in ...

  14. CO2 taxes as economic tool for energy efficiency analysis of CO2 tax impact on energy efficiency projects in Latvia

    International Nuclear Information System (INIS)

    Blumberga, D.; Blumberga, M.; Veidenbergs, I.

    2005-01-01

    The intended purpose of the carbon tax is to reduce CO 2 emissions. This tax can play a significant role in the implementation of energy saving projects. The paper evaluates three market mechanisms for reducing greenhouse gas emissions: joint implementation, emissions trading and CO 2 taxes. The first market mechanism - pilot phase of joint implementation (Activities Implemented Jointly) opened the minds of specialists to the GHG emission reduction potential of energy efficiency projects. The second mechanism was implemented after Latvia had accepted the National Allocation Plan to start emission trading. The third mechanism is based on the introduction of a carbon tax, which will come into force in Latvia in July 2005. This paper describes the potential impact of this tax that could promote development of energy efficiency projects. The authors worked out an evaluation methodology to calculate the impact of CO 2 taxes on emissions levels and the potential value of such taxes. The proposed methodology is applicable to district heating companies and governmental institutions, defining links between the energy efficiency and CO 2 taxes and showing ways of justifying these taxes both economically and environmentally. (authors)

  15. Measuring the Economic Impact of a State's Tax Structure on an Elderly Population.

    Science.gov (United States)

    Bell, William G.; And Others

    1987-01-01

    Developed new methodology for estimating economic impact of state and local taxation on different age groups and applied methodology to taxpayers, classified by age, in Florida. Found that older households experienced same tax burden as did younger households. (Author/NB)

  16. METHODS OF INCREASING THE ROLE OF THE CORPORATE TAX IN THE ECONOMIC AND SOCIAL DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Abrudan Leonard Calin

    2009-05-01

    Full Text Available In this paper we will discuss about the implications of the corporate tax in the field of economical and social development. In the beginning we will present the results of the introduction of the new quota (16% as budgetary receipts and after that we wi

  17. 26 CFR 1.280F-3T - Limitations on recovery deductions and the investment tax credit when the business use percentage...

    Science.gov (United States)

    2010-04-01

    ... investment tax credit when the business use percentage of listed property is not greater than 50 percent... recovery deductions and the investment tax credit when the business use percentage of listed property is... limitations with respect to the amount allowable as an investment tax credit under section 46(a) and the...

  18. Types of adaptation of the system of enterprise economic security to the impact of subjects of tax regulation

    Directory of Open Access Journals (Sweden)

    Pohorelov Yurii S.

    2014-01-01

    Full Text Available The article offers the authors’ approach to identification of types of adaptation of the system of enterprise economic security to negative influence of subjects of tax regulation. It determines composition of these subjects and, separately, regulation subjects that form fundamental grounds of the tax sphere and subjects of effective influence, which directly interact with entrepreneurial structures and realise tax regulation of their activity in practice. As regards direct adaptation of the system of enterprise economic security, the article offers to mark out its individual types with respect to the set goal, essence of changes in the system of economic security, degree of its manageability and nature of accumulated changes. Moreover, the article offers a list of catalysts and inhibitors of adaptation of the system of enterprise economic security to impact of subjects of tax regulation. It also marks out adaptation parameters of the system of enterprise economic security to the impact of subjects of tax regulation and provides their gradations.

  19. CONSIDERATIONS ON FISCAL POLICY AS A TOOL OF ECONOMIC RECOVERY

    Directory of Open Access Journals (Sweden)

    Stoichin Elena Mădălina

    2012-03-01

    Full Text Available One of the most important components of social and economic life is the public finances, with direct implications on the formation and distribution of gross domestic product. State, in order to establish their own funds to set up the concept according to which, any natural or legal person carrying out an income or owns a dime in the category of those taxable in the State due to tax or duty. Starting from these considerations, the paper analyses, on the one side, the influencing factors and effects of increasing fiscal pressure, and, on the other side, the role of fiscal policy in the economic relaunch.

  20. System Prerequisites for Economic Recovery of Russia

    Directory of Open Access Journals (Sweden)

    Sergei Semenovich Gubanov

    2016-03-01

    Full Text Available In the latest issue of the Journal we informed our readers about the 7th International Conference “Strategy and Tactics of Socio-Economic Reforms” that was held in December 2015 in Vologda. The event was dedicated to the 25th anniversary of ISEDT RAS. Renowned Russian scientists, chief editors of social science publications and representatives of regional and local authorities delivered their reports at the plenary sessions of the conference. The report delivered by Sergei Gubanov, Doctor of Economics, Professor, Chief Editor of the journal “Economist”, was considered to be of great interest by the conference participants. Here we outline the main provisions of the report* touching upon the key issues that would help resolve economic and social problems that Russia is facing at the current stage of its development

  1. American Recovery and Reinvestment Act: Clean Cities Project Awards

    Energy Technology Data Exchange (ETDEWEB)

    2016-08-01

    Each Clean Cities project award under the American Recovery and Reinvestment Act included a diverse group of stakeholders who worked together to lay the foundation for their communities to adopt alternative fuels and petroleum reduction strategies. This document provides a snapshot of the impact of each project and highlights the partners and Clean Cities coalitions who helped transform local and regional transportation markets through 25 projects impacting 45 states.

  2. Economic metal recovery from fly ash

    Energy Technology Data Exchange (ETDEWEB)

    Gilliam, T.M.; Canon, R.M.; Egan, B.Z.; Kelmers, A.D.; Seeley, F.G.; Watson, J.S.

    1982-08-01

    Results are presented to show that fly ash can be an economical source of Al/sub 2/O/sub 3/, Fe/sub 2/O/sub 3/ and several other metals. Two processes are examined in detail, the direct acid leach of ash with hydrochloric acid and a pressure digestion-acid leach method. An economic evaluation is presented for each process, and direct acid leaching is considered the most attractive process. The benefits derived from using such a process are discussed. (15 refs.)

  3. 78 FR 48866 - Nationwide Categorical Waivers Under the American Recovery and Reinvestment Act of 2009 (Recovery...

    Science.gov (United States)

    2013-08-12

    ... fixtures, exterior, LED color- changing direct view lighting fixtures, and multicolor DMX-512 LED wash and... recipients of EERE Recovery Act funds, and from suppliers, distributors, retailers and trade associations... was not identified through a thorough search by EERE, MEP and several trade groups. Direct line...

  4. Making a Lasting Impression: Recovery Act Reporting At Hanford - 12528

    Energy Technology Data Exchange (ETDEWEB)

    Tebrugge, Kimberly; Disney, Maren [CH2MHILL Plateau Remediation Company, Richland, WA (United States)

    2012-07-01

    The award of American Recovery and Reinvestment Act funding came with an unprecedented request for transparency to showcase to the American public how the stimulus funding was being put to work to achieve the goals put forth by the U.S. Government. At the U.S. Department of Energy Hanford Site, this request manifested in a contract requirement to provide weekly narrative, photos and video to highlight Recovery Act-funded projects. For DOE contractor CH2M HILL Plateau Remediation Company (CH2M HILL), the largest recipient of Hanford's funding, the reporting mechanism evolved into a communications tool for documenting the highly technical cleanup, then effectively sharing that story with the DOE and its varying stakeholder audiences. The report set the groundwork for building a streaming narrative of week-by-week progress. With the end of the Recovery Act, CH2M HILL is applying lessons learned from this stringent, transparent reporting process to its long-term reporting and communications of the progress being made in nuclear decommissioning at Hanford. (authors)

  5. Role of economics in endangered species act activities related to Snake River salmon

    International Nuclear Information System (INIS)

    Woodruff, E.J.; Huppert, D.D.

    1993-01-01

    The development of recovery actions for the species of Snake River Salmon listed under the Endangered Species Act (ESA) must consider a wide range of actions covering the different life-cycles of the species. This paper examines the possible role of economic analysis in assisting in selection of actions to undertake and draws heavily on similar opinions presented by others in the region

  6. Tax revenue in Mississippi communities following implementation of smoke-free ordinances: an examination of tourism and economic development tax revenues.

    Science.gov (United States)

    McMillen, Robert; Shackelford, Signe

    2012-10-01

    There is no safe level of exposure to tobacco smoke. More than 60 Mississippi communities have passed smoke-free ordinances in the past six years. Opponents claim that these ordinances harm local businesses. Mississippi law allows municipalities to place a tourism and economic development (TED) tax on local restaurants and hotels/motels. The objective of this study is to examine the impact of these ordinances on TED tax revenues. This study applies a pre/post quasi-experimental design to compare TED tax revenue before and after implementing ordinances. Descriptive analyses indicated that inflation-adjusted tax revenues increased during the 12 months following implementation of smoke-free ordinances while there was no change in aggregated control communities. Multivariate fixed-effects analyses found no statistically significant effect of smoke-free ordinances on hospitality tax revenue. No evidence was found that smoke-free ordinances have an adverse effect on the local hospitality industry.

  7. Do 'green' taxes work? Decoupling environmental pressures and economic growth

    DEFF Research Database (Denmark)

    Andersen, Mikael Skou

    2005-01-01

    This essay intends to shed light on whether environmental taxation can help to decouple environmental pressures from economic growth, a policy outcome widely desired and particularly pressing in the context of climate change where radical measures are needed to curb CO2 build up....

  8. Report: Response to Congressional Request on Signage Requirements for Projects Funded by the Recovery Act

    Science.gov (United States)

    Report #10-X-0175, August 2, 2010. EPA developed two forms of guidance that discuss the need for recipients to display a Recovery Act logo to communicate to the public that the project is a Recovery Act investment.

  9. Cleanups In My Community (CIMC) - Recovery Act Funded Cleanups, National Layer

    Data.gov (United States)

    U.S. Environmental Protection Agency — This data layer provides access to Recovery Act Funded Cleanup sites as part of the CIMC web service. The American Recovery and Reinvestment Act was signed into law...

  10. ERDYM: Economic Recovery Dynamics Model. Volume 1. Modifications and Simulations.

    Science.gov (United States)

    1984-05-01

    Government revenues are comprised of the personal income tax, corporate income tax , state and local taxes (including federal excise taxes), and social...investment and the lagged change in the effective corporate income tax rate--i.e., taking into account changes in all the tax laws affecting... Corporate Income Tax Returns. We have relied on IRS data to develop an industry distribution of assets and liabilities. But these numbers have very little

  11. The economic and environmental impacts of biofuel taxes on heating plants in Sweden

    Energy Technology Data Exchange (ETDEWEB)

    Braennlund, R.; Kristroem, B.; Sisask, A.

    1998-12-31

    Sweden`s energy policy is currently based on a large-scale introduction of biofuels. Following a 1980 nuclear power referendum, the current plan is to phase out nuclear power, replacing nuclear energy with renewable energy sources. This policy is supported by various tax breaks for biofuels. There is an ongoing discussion about a restructuring of the energy tax system, which will have far-reaching impact on the markets for biofuels. This paper evaluates the impact of changes in current energy taxation by analyzing a panel of approximately 150 district heating plants in Sweden. We estimate plant-specific production functions and derive the economic repercussions of the tax. We also estimate the resulting changes of emissions of sulfur, NOX and particulates and assess the externality costs Arbetsrapport 258. 6 refs, 4 figs, 11 tabs

  12. The economic and environmental impacts of biofuel taxes on heating plants in Sweden

    International Nuclear Information System (INIS)

    Braennlund, R.; Kristroem, B.; Sisask, A.

    1998-01-01

    Sweden's energy policy is currently based on a large-scale introduction of biofuels. Following a 1980 nuclear power referendum, the current plan is to phase out nuclear power, replacing nuclear energy with renewable energy sources. This policy is supported by various tax breaks for biofuels. There is an ongoing discussion about a restructuring of the energy tax system, which will have far-reaching impact on the markets for biofuels. This paper evaluates the impact of changes in current energy taxation by analyzing a panel of approximately 150 district heating plants in Sweden. We estimate plant-specific production functions and derive the economic repercussions of the tax. We also estimate the resulting changes of emissions of sulfur, NOX and particulates and assess the externality costs Arbetsrapport 258. 6 refs, 4 figs, 11 tabs

  13. The state and the economic recovery

    Directory of Open Access Journals (Sweden)

    Viorica JELEV

    2010-06-01

    Full Text Available World economy undergoes the century’s most serious crisis. At the same time, worldwide population is facing the food and energy crises, the climate change, poverty and a strong economic outlook uncertainty. Several developed countries feel the recession effects, while developing countries record lower development assistance levels. This trend may impact considerably those vulnerable and marginalized groups, especially women (according to the World Bank’s programmes. On this background, the state must have an active role; the decisions to be further made by the European leaders at micro and macroeconomic level will affect the worldwide population.

  14. Long-term economic benefits attributed to IVF-conceived children: a lifetime tax calculation.

    Science.gov (United States)

    Connolly, Mark P; Pollard, Michael S; Hoorens, Stijn; Kaplan, Brian R; Oskowitz, Selwyn P; Silber, Sherman J

    2008-09-01

    To evaluate whether lifetime future net tax revenues from an in vitro fertilization (IVF)-conceived child are substantial enough to warrant public subsidy relative to the mean IVF treatment costs required to obtain 1 live birth. Mathematical generational accounting model. The model estimates direct financial interactions between the IVF-conceived child and the government during the child's projected lifetime. In the model, we accrue IVF costs required to conceive the child to the government, and then we estimate future net tax revenue to the federal and state governments from this individual, offset by direct financial transfers from the government (eg, child allowances, education, Medicare, and Social Security). We discount lifetime costs and gross tax payments at Treasury Department rates to establish the present value of investing in IVF. We applied US Congressional Budget Office projected changes in tax rates over the course of the model. An IVF-conceived child, average in every respect (eg, future earnings, healthcare consumption, and life expectancy), represents a net positive return to the government. Based on an average employed individual born in 2005, the projected net lifetime tax contribution is US $606,200. Taking into consideration IVF costs and all direct financial interactions, the net present value is US $155,870. Lifetime net taxes paid from a child relative to the child's initial IVF investment represent a 700% net return to the government in discounted US dollars from fully employed individuals. This suggests that removing barriers to IVF would have positive tax benefits for the government, notwithstanding its beneficial effect on overall economic growth.

  15. Resource Conservation and Recovery Act, Part B permit application

    International Nuclear Information System (INIS)

    1991-02-01

    The Waste Isolation Pilot Plant (WIPP) project was authorized by the Department of Energy National Security and Military Applications of Nuclear Energy Authorization Act of 1980 (Public Law 96-164) as a research and development facility to demonstrate the safe, environmentally sound disposal of transuranic (TRU) radioactive wastes derived from the defense activities of the United States. The WIPP facility is owned and operated by the US Department of Energy (DOE). The TRU waste to be received at WIPP consists largely of such items as laboratory glassware and utensils, tools, scrap metal, shielding, personnel protection equipment, and solidified sludges from the treatment of waste water. Approximately 60 percent of this waste is ''mixed,'' that is, it is also contaminated with hazardous waste or hazardous waste constituents as defined by the Resource Conservation and Recovery Act (RCRA) and by the New Mexico Hazardous Waste Management Regulations (HWMR-5). Therefore, emplacement of TRU mixed waste in the WIPP repository is subject to regulation under HWMR-5 and RCRA. The permit application under the Resource Conservation and Recovery Act for WIPP is divided into five volumes. This document, Volume 3, is Appendix C2 continued. This appendix contains information on shipping; inventories of chemicals present in waste; chemical compatibility of wastes; the methodology to determine compatibility; analytical data regarding volatile organic compounds (VOC), metals, and solvents; and a description of sampling programs of waste drum gases

  16. Resource Conservation and Recovery Act Part B permit application

    International Nuclear Information System (INIS)

    1991-02-01

    The Waste Isolation Pilot Plant (WIPP) project was authorized by the Department of Energy National Security and Military Applications of Nuclear Energy Authorization Act of 1980 (Public Law 96-164) as a research and development facility to demonstrate the safe, environmentally sound disposal of transuranic (TRU) radioactive wastes derived from the defense activities of the United States. The WIPP facility is owned and operated by the US Department of Energy (DOE). The TRU waste to be received at WIPP consists largely of such items as laboratory glassware and utensils, tools, scrap metal, shielding, personnel protection equipment, and solidified sludges from the treatment of waste water. Approximately 60 percent of this waste is ''mixed,'' that is, it is also contaminated with hazardous waste or hazardous waste constituents as defined by the Resource Conservation and Recovery Act (RCRA) and by the New Mexico Hazardous Waste Management Regulations (HWMR-5). Therefore, emplacement of TRU mixed waste in the WIPP repository is subject to regulation under HWMR-5 and RCRA. The permit application under the Resource Conservation and Recovery Act for WIPP is divided into five volumes. This document, Volume 1, contains a site and facility description of WIPP; procedures for waste analysis and characterization, testing, monitoring, inspection, and training; hazard prevention, safety and security plans; plans for closure; and a discussion of other applicable laws. Also included are maps, photographs, and diagrams of the facilities and surrounding areas. 180 refs., 75 figs., 24 tabs

  17. Resource Conservation and Recovery Act, Part B Permit Application

    International Nuclear Information System (INIS)

    1991-02-01

    The Waste Isolation Pilot Plant (WIPP) project was authorized by the Department of Energy National Security and Military Applications of Nuclear Energy Authorization Act of 1980 (Public Law 96-164) as a research and development facility to demonstrate the safe, environmentally sound disposal of transuranic (TRU) radioactive wastes derived from the defense activities of the United States. The WIPP facility is owned and operated by the US Department of Energy (DOE). The TRU waste to be received at WIPP consists largely of such items as laboratory glassware and utensils, tools, scrap metal, shielding, personnel protection equipment, and solidified sludges from the treatment of waste water. Approximately 60 percent of this waste is ''mixed,'' that is, it is also contaminated with hazardous waste or hazardous waste constituents as defined by the Resource Conservation and Recovery Act (RCRA) and by the New Mexico Hazardous Waste Management Regulations (HWMR-5). Therefore, emplacement of TRU mixed waste in the WIPP repository is subject to regulation under HWMR-5 and RCRA. The permit application under the Resource Conservation and Recovery Act for WIPP is divided into five volumes. This document, Volume 2, contains Appendices B1, C1, and C2. These appendices describe the surface hydrology of the area, provide a description of the physical and chemical characteristics of wastes to be placed in WIPP, and outline a waste analysis plan which gives an overview of the total waste inventory planned for WIPP. 34 refs., 107 figs., 27 tabs

  18. Resource Conservation and Recovery Act, Part B Permit Application

    International Nuclear Information System (INIS)

    1991-02-01

    The Waste Isolation Pilot Plant (WIPP) project was authorized by the Department of Energy National Security and Military Applications of Nuclear Energy Authorization Act of 1980 (Public Law 96-164) as a research and development facility to demonstrate the safe, environmentally sound disposal of transuranic (TRU) radioactive wastes derived from the defense activities of the United States. The WIPP facility is owned and operated by the US Department of Energy (DOE). The TRU waste to be received at WIPP consists largely of such items as laboratory glassware and utensils, tools, scrap metal, shielding, personnel protection equipment, and solidified sludges from the treatment of waste water. Approximately 60 percent of this waste is ''mixed,'' that is, it is also contaminated with hazardous waste or hazardous waste constituents as defined by the Resource Conservation and Recovery Act (RCRA) and by the New Mexico Hazardous Waste Management Regulations (HWMR-5). Therefore, emplacement of TRU mixed waste in the WIPP repository is subject to regulation under HWMR-5 and RCRA. The permit application under the Resource Conservation and Recovery Act for WIPP is divided into five volumes. This document, Volume 4, contains Appendices C3, C4, and D1--D10. These appendices cover information on environmental impacts, site characterization, geology and hydrology of the area, monitoring of the environment, compatibility of waste forms and containers, and removal of volatile organic compounds (VOC)

  19. Resource Conservation and Recovery Act: Part B, Permit application

    International Nuclear Information System (INIS)

    1991-02-01

    The Waste Isolation Pilot Plant (WIPP) project was authorized by the Department of Energy National Security and Military Applications of Nuclear Energy Authorization Act of 1980 (Public Law 96-164) as a research and development facility to demonstrate the safe, environmentally sound disposal of transuranic (TRU) radioactive wastes derived from the defense activities of the United States. The WIPP facility is owned and operated by the US Department of Energy (DOE). The TRU waste to be received at WIPP consists largely of such items as laboratory glassware and utensils, tools, scrap metal, shielding, personnel protection equipment, and solidified sludges from the treatment of waste water. Approximately 60 percent of this waste is ''mixed,'' that is, it is also contaminated with hazardous waste or hazardous waste constituents as defined by the Resource Conservation and Recovery Act (RCRA) and by the New Mexico Hazardous Waste Management Regulations (HWMR-5). Therefore, emplacement of TRU mixed waste in the WIPP repository is subject to regulation under HWMR-5 and RCRA. The permit application under the Resource Conservation and Recovery Act for WIPP is divided into five volumes. This document, Volume 5, contains Appendices E1, H1, I1--3, K1, K2, and L1. These appendices cover a RCRA ground water monitoring waiver, a list of job titles, the operational closure plan, the waste retrieval plan for wastes placed during the test phase, and listings of agreements between WIPP, DOE, and various state and federal agencies. 91 refs., 21 figs., 3 tabs

  20. Economic security: an essential component of recovery.

    Science.gov (United States)

    Cook, Judith A; Mueser, Kim T

    2013-03-01

    People with psychiatric disabilities often face complex financial situations that make them unable to exercise choice in how their financial resources are allocated to needs including health care, housing, education, leisure pursuits, and other important life activities. One avenue to address these barriers is by helping people increase their financial literacy or knowledge of how to manage and budget their money effectively, accumulate assets, and reduce or deal with debt. However, our field has not focused sufficient attention on improving the financial literacy of the people we serve. Unfortunately, people with mental illness are significantly less likely to have any savings than those without mental illness. This makes them excellent candidates for state and federal programs that help low-income individuals accumulate savings that are exempt from asset limits for all federal means-tested programs. Growing out of these efforts, a field known as "asset-based welfare" has evolved to understand the role of assets in the promotion of individual and collective welfare. In an uncertain economy, the time is right for the field of psychiatric rehabilitation to expand its focus to include community and economic development activities that promote financial security. PsycINFO Database Record (c) 2013 APA, all rights reserved

  1. Supplementary material for the report 'Economic/climate recovery scorecards. How climate friendly are the economic recovery packages?'

    International Nuclear Information System (INIS)

    Hoehne, N.; Eisbrenner, K.; Phylipsen, D.; Burck, J.; Van der Straeten, L.

    2009-03-01

    As global leaders head to the G20 summit to consider solutions to the current global economic crisis, a new report prepared by Ecofys and Germanwatch for WWF and E3G reveals that many of the economic recovery packages being discussed are a missed opportunity in terms of stimulating a green recovery, and actually run the risk of locking the world into a high-carbon future. The report provides the most detailed and comprehensive analysis to date of the proposed 'stimulus' packages of five key countries - France, Germany, Italy, the UK and the US - as well as the package agreed by the European Union as a whole.

  2. People, Aid and institutions in socio-economic recovery

    NARCIS (Netherlands)

    Hilhorst, Thea; Weijs, Bart; Haar, van der Gemma

    2017-01-01

    An estimated 2 billion people live in countries affected by fragility, conflict and violence. Extreme poverty is increasingly concentrated in these areas, and governments and international agencies seek avenues to enable socio-economic recovery and to support people as they try to rebuild their

  3. IRS’ Administration of the Crude Oil Windfall Profit Tax Act of 1980.

    Science.gov (United States)

    1984-06-18

    because the windfall profit tax is deductible on both individual and corporate income tax returns and thus reduces the producer’s income tax liability...examinations generally are about 3 years more current than corporate income tax examinations, cross-tax-year coordina- - S . tion is needed to avoid...annual individual or corporate income tax return. In any case, taxpayers summarize the supporting net income limitation calculation on Form 6249

  4. The reform of the European energy tax directive: Exploring potential economic impacts in the EU27

    International Nuclear Information System (INIS)

    Rocchi, Paola; Serrano, Mònica; Roca, Jordi

    2014-01-01

    The aim of this study is to analyze the effect that the Energy Tax Directive reform proposed in 2011 would have, if implemented, on the level of prices in the different sectors of the 27 countries of the European Union. We apply a multiregional and multisectoral model of trade flows that takes into account all the intersectoral and intercountry interdependences in the production processes. Using the World Input–Output Database we perform two different simulations. The first one considers the tax changes proposed by the reform; the second one shows the impact the reform would have entailed if it were applied also to sectors belonging to the European Trade System. The main finding of the first simulation shows that the new energy tax regime would have had a low economic cost in terms of impact on prices (less than 1% in all the countries). So, the concerns about competitiveness do not find empirical support in our results, suggesting the need for further analyses to find out the reasons that caused the failure of a reform that was an important step to introduce a taxation explicitly linked to CO 2 emissions. The second simulation, however, leads to strongly different results, pointing out the relevance of maintaining significant economic incentives to reduce carbon emissions for the European Trade System sectors, by improving the emission market performance or by applying carbon taxation also to these sectors. - Highlights: • We analyze the reform of the European energy tax proposed in 2011, rejected in 2012. • We simulate what potential economic effect this reform would have if implemented. • We find that this reform would have weak effects on prices in all 27 EU countries. • We study the effect of the reform if applied to European emission market sectors. • In this second scenario, the economic impacts would have been much stronger

  5. Economic, environmental and international trade effects of the EU Directive on energy tax harmonization

    International Nuclear Information System (INIS)

    Kohlhaas, Michael; Schumacher, Katja; Diekmann, Jochen; Schumacher, Dieter; Carmes, Martin

    2005-01-01

    In October 2003, the European Union introduced a Directive, which widens the scope of the EU's minimum taxation system from mineral oils to all energy products including coal, natural gas and electricity. It aims at reducing distortions that currently exist between Member States as well as between energy products. In addition, it increases previous minimum tax rates and thus the incentive to use energy more efficiently. The Directive will lead to changes in the energy tax schemes in a number of countries, in particular some southern Member Countries (Greece, Spain, Portugal) and most of the new Member States. In this paper, we analyze the effects of the EU energy tax harmonization with GTAP-E, a computable general equilibrium model. Particular focus is placed on the Eastern European countries, which became new members of the EU in May 2004. We investigate the effects of the tax harmonization on overall economic growth and sectoral development. Special attention is paid to international trade in order to analyze if competitiveness concerns, which have been forwarded in the context of energy taxation are valid. Furthermore, the effect on energy consumption and emissions and thus the contribution to the EU's climate change targets is analyzed

  6. Micro-economic modelling of biofuel system in France to determine tax exemption policy under uncertainty

    International Nuclear Information System (INIS)

    Rozakis, S.; Sourie, J.-C.

    2005-01-01

    Liquid biofuel support program launched in 1993 in France is implemented through tax exemptions to biofuels produced by agro-industrial chains. Activity levels are fixed by decree and allocated by the government to the different chains. Based on earmarked budget increase voted in parliament, total quantity of biofuels will be increased by 50% in the horizon 2002-2003. A micro-economic biofuel activity model containing a detailed agricultural sector component, that is represented by 700 farms, is used to estimate costs and surpluses generated by the activity at the national level as well as tax exemption levels. Furthermore, Monte Carlo simulation has been used to search for efficient tax exemptions policies in an uncertain environment, where biofuel profitability is significantly affected by petroleum price and soja cake prices. Results suggest that, for the most efficient units both at the industry level (large size biomass conversion units) and at the agricultural sector level (most productive farms), unitary tax exemptions could be decreased by 10-20% for both biofuels, ethyl ether and methyl ester, with no risk for the viability of any existing chain. (author)

  7. Micro-economic modelling of biofuel system in France to determine tax exemption policy under uncertainty

    International Nuclear Information System (INIS)

    Rozakis, S.; Sourie, J.-C.

    2005-01-01

    Liquid biofuel support program launched in 1993 in France is implemented through tax exemptions to biofuels produced by agro-industrial chains. Activity levels are fixed by decree and allocated by the government to the different chains. Based on earmarked budget increase voted in the parliament, total quantity of biofuels will be increased by 50% in the horizon 2002-2003. A micro-economic biofuel activity model containing a detailed agricultural sector component, that is represented by 700 farms, is used to estimate costs and surpluses generated by the activity at the national level as well as tax exemption levels. Furthermore, Monte Carlo simulation has been used to search for efficient tax exemptions policies in an uncertain environment, where biofuel profitability is significantly affected by petroleum price and soja cake prices. Results suggest that, for the most efficient units both at the industry level (large size biomass conversion units) and at the agricultural sector level (most productive farms), unitary tax exemptions could be decreased by 10-20% for both biofuels, ethyl ether and methyl ester, with no risk for the viability of any existing chain

  8. Economic benefits from food recovery at the retail stage: an application to Italian food chains.

    Science.gov (United States)

    Giuseppe, Aiello; Mario, Enea; Cinzia, Muriana

    2014-07-01

    The food supply chain is affected by losses of products near to their expiry date or damaged by improper transportation or production defects. Such products are usually poorly attractive for the consumer in the target market even if they maintain their nutritional properties. On the other hand undernourished people face every day the problem of fulfilling their nutritional needs usually relying on non-profit organizations. In this field the food recovery enabling economic benefits for donors is nowadays seen as a coherent way to manage food products unsalable in the target market for various causes and thus destined to be discarded and disposed to landfill thus representing only a cost. Despite its obvious affordability the food recovery is today not always practiced because the economic benefits that could be achieved are barely known. The paper aims at presenting a deterministic mathematical model for the optimization of the supply chain composed by retailers and potential recipients that practice the food recovery, taking into account the benefits recognized to donors and the management costs of the food recovery. The model determines the optimal time to withdraw the products from the shelves as well as the quantities to be donated to the non-profit organizations and those to be sent to the livestock market maximizing the retailer profit. The results show that the optimal conditions ensuring the affordability of the food recovery strategy including the tax reliefs and cost saving for the retailers outperforms the profit achievable in absence of such a system. Copyright © 2014 Elsevier Ltd. All rights reserved.

  9. Informal administrative acts in public economic law

    International Nuclear Information System (INIS)

    Bauer, H.

    1987-01-01

    The article deals with agreements between the administration and citizens, which play a considerable part in public commercial law and in atomic energy law. The legal basis can be the doctrine of administrative legal relationship, which clarifies the reciprocity and multilaterality of the legal relationship. In the future informal administrative acts will have an increasing meaning. (CW) [de

  10. An investigation on economic growth and tax: A case study of D8 countries from 1990 to 2009

    Directory of Open Access Journals (Sweden)

    Nahid Abedini Najafabadi

    2012-10-01

    Full Text Available Experiences of different countries with efficient tax systems have shown that the high share of tax resources than non-tax sources could prevent many unpleasant economical events. In other words, an efficient tax system could ensure economic system against many different risks. Tax is also a primary source for developing economy used by government. In this study, we investigate the relationship between economic growth and tax among D8 countries using panel data from 1990 to 2009. The results indicate growth domestic product is the most important factor and these governments could collect more tax as the economic figures improve. The results of our survey show that an increase of one percent on GDP will increase taxable income for about 0.0014119 percent. The tourism has more impact since an increase of one unit in tourism's income; taxable income will increase for about 10.26257 units. One the contrary to other variables, unemployment has a negative impact on taxable income.

  11. Economic analysis of the energy and carbon tax for the sustainable development

    Energy Technology Data Exchange (ETDEWEB)

    Oh, J.K.; Cho, G.L. [Korea Energy Economics Institute, Euiwang (Korea)

    2001-12-01

    The concept of 'Sustainable Development' has been playing a very important role since seventies. Countries all over the world, whether developed or developing, strive to achieve their economic development in a sustainable way. U.N Conference on Environment and Development held in 1992 at Rio was instrumental in the movement of the sustainable development. Korea is not an exception in this movement as Presidential Commission on Sustainable Development (PCSD) was established in September 2000. The Climate Change occupies the heart of the sustainable development. In response to the urgent need to protect global climate, the U.N. Convention on Climate Change (1992) and the Kyoto Protocol (1997) were adopted. An analysis is required to respond effectively and sustainedly to the issue of climate change. Energy sector is the main contributor to the emissions of greenhouse gases. Consequently, this study aims to analyse the implication of the energy{center_dot}carbon tax for the benefit of present and future generation, its impact on economy, industry, and energy. It also studies new elements related to the differential impact of energy carbon tax on income classes. We developed 'Overlapping Generation Equilibrium model' which consists of eleven industry, three income classes, time span of 100 years. Scenario analysis was performed for the case of the reduction of carbon dioxide emissions by 20 percent in 2010 and afterward in comparison with its 'Business As Usual' path. Three major analysis preformed are as follows: 1. Numerical computation was done on the differential impact of the carbon tax on three income classes. 2. The impact on various generation was calculated. 3. Most importantly, the hypothesis of 'Double Dividend' was tested. This study cautiously concludes that carbon tax recycling by the reduction of the corporate income tax may increase GDP despite the reduction of the emissions of carbon dioxides. The results of this

  12. Northeast China while Implementing the Economic Recovery Plan

    Directory of Open Access Journals (Sweden)

    Izotov D. A.

    2009-06-01

    Full Text Available Based on the analysis of China’s official statistics, intermediate results of the realization of the Northeast China’s Economic Recovery Plan are summarized, and the efficiency of measures taken in 2003-2007 is evaluated. It is shown that the large-scale reforms going on in Northeast China will inevitably affect its trade-economic relations with the neighboring constituent entities of the Russian Federation and will considerably determine external conditions of development of their economy in the foreseeable future

  13. 75 FR 16498 - Buy American Exceptions Under the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2010-04-01

    ... Reinvestment Act of 2009 (Pub. L. 111-05, approved February 17, 2009) (Recovery Act), and implementing guidance... stalls at the River Terrace Senior Apartments. FOR FURTHER INFORMATION CONTACT: Dominique G. Blom, Deputy... the Recovery Act and OMB's implementing guidance published on April 23, 2009 (74 FR 18449), this...

  14. Who Will Stimulate the Economic Recovery: A Ghost Story

    Science.gov (United States)

    Niederjohn, M. Scott; Schug, Mark C.; Wood, William C.

    2010-01-01

    The U.S. economy took a historic nosedive in 2007-2010. It was the worst downturn since the Great Depression of the 1930s. However, evidence is emerging which suggests the country is in the midst of an economic recovery. In February 2010, the U.S. Commerce Department reported that GDP rose at a 5.9 percent annual rate in October through December…

  15. 75 FR 70962 - California Green Trade Corridor Transportation Investment Generating Economic Recovery (TIGER)

    Science.gov (United States)

    2010-11-19

    ... DEPARTMENT OF TRANSPORTATION Maritime Administration [Docket Number 2010-0103] California Green Trade Corridor Transportation Investment Generating Economic Recovery (TIGER) AGENCY: Department of... California Green Trade Corridor Transportation Investment Generating Economic Recovery (TIGER) grant. An...

  16. Resource Conservation and Recovery Act, Part B Permit Application

    International Nuclear Information System (INIS)

    1993-01-01

    The Waste Isolation Pilot Plant (WIPP) Project was authorized by the US Department of Energy 5 (DOE) National Security and Military Applications of the Nuclear Energy Authorization Act of 1980 (Public Law 96-164). Its legislative mandate is to provide a research and development facility to demonstrate the safe disposal of radioactive waste resulting from national defense programs and activities. To fulfill this mandate, the WIPP facility has been designed to perform scientific investigations of the behavior of bedded salt as a repository medium and the interactions between the soft and radioactive wastes. In 1991, DOE proposed to initiate a experimental Test Phase designed to demonstrate the performance of the repository. The Test Phase activities involve experiments using transuranic (TRU) waste typical of the waste planned for future disposal at the WIPP facility. Much of this TRU waste is co-contaminated with chemical constituents which are defined as hazardous under HWMR-7, Pt. II, sec. 261. This waste is TRU mixed waste and is the subject of this application. Because geologic repositories, such as the WIPP facility, are defined under the Resource Conservation and Recovery Act (RCRA) as land disposal facilities, the groundwater monitoring requirements of HWMR-7, PLV, Subpart X, must be addressed. HWMR-7, Pt. V, Subpart X, must be addressed. This appendix demonstrates that groundwater monitoring is not needed in order to demonstrate compliance with the performance standards; therefore, HWMR-7, Pt.V, Subpart F, will not apply to the WIPP facility

  17. Carbon taxes and tradeable emissions permits: the economic impacts of climate change policies in New Zealand

    Energy Technology Data Exchange (ETDEWEB)

    Chisholm, A.; Porter, M. [Tasman Institute (Australia)

    1994-12-31

    Examines the potential economic impacts on New Zealand of climate change policy covering carbon taxes, expanding forest areas as carbon sinks (including selling plantation based emission credits to other OECD nations), and emissions quotas. It is concluded that climate change policy appears to offer high short-term economic costs and little prospect of longer-term economic gain, apart from uncertain environmental benefits. If the Government pursues an active policy to stabilise gross emissions of carbon dioxide at 1990 levels, short term losses in national output and real spending power could be around 0.5 to 1% of GDP. Any major intervention by the New Zealand Government to alter energy use patterns would bring about structural changes in the economy. 4 tabs., 12 refs.

  18. Value Added Tax Impacton Economic Activity: Importance, Implication and Assessment –The Romanian Experience

    Directory of Open Access Journals (Sweden)

    Mariana MUREȘAN

    2014-12-01

    Full Text Available This paper studies the impact of VAT upon the economic activity in Romania. By developing a new mathematical model we offer several dy-namic and effcient possibilities for observing the modifcations caused by the temporary reduc-tion of taxes upon the personal incomes which suggest that the resulting additional incomes are often saved and less consumed. Analyzing several temporary reductions in incomes, the model describes also a scheme regarding the developments of economic growth. Based on this scheme, are revealed the different arrangements in which a present economic activity infuences a future one. According to the proposed model, it is highlighted that the national income increases as a response to the aggregated demand.

  19. Potential Mississippi oil recovery and economic impact from CO2 miscible flooding

    International Nuclear Information System (INIS)

    Moring, J.A.; Rogers, R.E.

    1991-01-01

    Maturing of Mississippi oil reservoirs has resulted in a steady decline in crude oil production in the state. This paper reports that, to evaluate the potential of enhanced recovery processes, particularly in the use of the state's large CO 2 reserves, for arresting this trend, the subject study was performed. A computer data base of over 1315 Mississippi reservoirs was established. All reservoirs were screened for applicability of the carbon dioxide miscible process. With models developed by the National Petroleum Council and DOE, incremental oil that could be produced from the carbon dioxide miscible process was calculated. Under selected economic conditions, carbon dioxide miscible flooding with utilization of carbon dioxide from the state's Norphlet formation (3-7 tcf reserves of high-purity CO 2 ) could produce 120 million barrels of incremental oil in Mississippi. Incremental state revenues as a consequence of this production were calculated to be $45 million of severance taxes, $50 million of corporate income taxes, and $60 million of royalty payments, expressed as present values

  20. Property taxes and economic development. An approach to the relationship between property taxes and the investment of Antioquia's municipalities

    Directory of Open Access Journals (Sweden)

    Santiago Tobón Zapata

    2013-06-01

    Full Text Available This paper discusses the relationship between the levels of investment in health and education made by the municipalities and the collection of property taxes. A data panel methodology was used with a sample of 97 municipalities in the department of Antioquia (Colombia for the period 2000 - 2008. According to the results, it is possible to conclude that there is no relationship between the levels of autonomous investment in education and the collection of property taxes. On the other hand, in relation to health investments, a negative relationship was found between property tax collection and autonomous investment in health. Finally, in addition to the initial scope proposed, a positive relationship was shown between the collection of property taxes and investments in the development of roads and infrastructure.

  1. 26 CFR 1.162-10T - Questions and answers relating to the deduction of employee benefits under the Tax Reform Act of...

    Science.gov (United States)

    2010-04-01

    ... of employee benefits under the Tax Reform Act of 1984; certain limits on amounts deductible... and Corporations § 1.162-10T Questions and answers relating to the deduction of employee benefits... amendment of section 404(b) by the Tax Reform Act of 1984 affect the deduction of employee benefits under...

  2. 77 FR 71131 - Implementation of the Middle Class Tax Relief and Job Creation Act of 2012; Establishment of a...

    Science.gov (United States)

    2012-11-29

    ... access to OADEs. Some OADEs are marketers that make autodialed calls on behalf of other entities, e.g... adopts the existing definition in its rules, as set forth in the TCPA context, and defines an ``emergency.... Definitions. As noted above, the Tax Relief Act does not define ``automatic dialing'' or ``robocall...

  3. The Economic and Philosophical Aspects of the Socialization of Tax Redistribution of the Population’s Income

    Directory of Open Access Journals (Sweden)

    Lubkovskyi Serhii A.

    2017-11-01

    Full Text Available The article is aimed at a theoretical substantiation of possibilities and prospects of socialization of the tax redistribution of incomes of population as a direction of harmonization of its fiscal and regulatory functions, on the one hand, as well as private and public interests, on the other. The interrelation of social and tax policy in the mentioned sphere was explored for possibilities and potential of expansion of functional purpose of the tax redistribution of incomes of individuals in the direction of its socialization. The author has proposed and substantiated the introduction to the scientific apparatus of the terms of «socialization of the tax redistribution of incomes of individuals», «socialization of tax policy» in general, as well as «socialization of tax policy in the sphere of income taxation of individuals». In addition, the need to allocate the function of socialization together with the principle of socialization of the income taxation of individuals have been proved. It has been proposed to move from the proportional to the progressive income taxation of individuals with emphasis on the need to take into account the socio-economic situation of the payer, its inclination and sustainability to both socio-economic and fiscal risks, as well as the mandatory targeting of the tax redistribution of population incomes in order to solve the key problems of social development.

  4. Economic effects of using carbon taxes to reduce carbon dioxide emissions in major OECD countries. Final report

    International Nuclear Information System (INIS)

    1992-01-01

    A tax on fossil fuels designed to obtain a 20 percent reduction in emissions of carbon dioxide by the year 2020 would lower output among major OECD nations by 1 to 3 1/2 percent. The tax required to achieve a 20% reduction in emissions of carbon dioxide by 2020 ranged from $489.4 (Sweden) per metric ton of carbon to $2,427.9 (Japan) per ton of carbon. The tax required for the U.S. was $720.6 per ton. In the U.S., a tax per $100 per ton of carbon would equate to a tax of $70.68 per short ton of coal, $11.42 per barrel of oil, $1.66 per MCF of natural gas and 0.27 per gallon of gasoline. The study is part of a multi-phase effort to gauge the economic consequences of various measures being discussed by the international community to mitigate the possibility of global climate change by limiting emissions of carbon dioxide from fossil fuel use. The study assumed that the carbon tax program would be revenue neutral in that increased revenues from the carbon tax would be offset by reductions in personal income taxes

  5. Implications of the 2017 Tax Cuts and Jobs Act for Public Health.

    Science.gov (United States)

    Glied, Sherry

    2018-03-22

    The recently passed Tax Cuts and Jobs Act will reduce total federal revenues by about 4% between 2018 and 2027. The law makes multiple changes to the taxation of individuals and corporations. It also repeals the Affordable Care Act's (ACA's) individual mandate penalties, which will erase some of the gains in insurance coverage achieved since implementation of the ACA's coverage expansions. The resulting increases in rates of uninsurance will likely lead to increased uncompensated care and deflect hospitals and health departments from addressing other prevention and public health needs. In addition, the law is expected to lead to substantial increases in the federal debt and, consequently, to calls for reductions in spending on entitlement programs, particularly Medicare, and on discretionary programs, including public health. Many other provisions of the law could also have second-order effects on public health. (Am J Public Health. Published online ahead of print March 22, 2018: e1-e3. doi:10.2105/AJPH.2018.304388).

  6. Economic assessment of a proposed integrated resource recovery facility

    International Nuclear Information System (INIS)

    Burnett, J.S.

    1993-01-01

    This report comprises an initial economic and market appraisal of the proposals made by Materials Recycling Management (MRM) Ltd for a commercial plant engaged in waste treatment and energy recovery. The MRM design is an integrated waste handling system for commercial and industrial non hazardous wastes and civic amenity wastes. After primary separation into three selected broad waste categories, wastes are processed in the plant to recover basic recyclables such as paper, timber, plastics and metals. A quantity of material is directed for composting and the remainder converted into a fuel and combusted on site for energy recovery. Wastes unworthy of processing would be sent for disposal. A basic technical review has been undertaken. The focus of this review has been on the main processing plant where materials are segregated and the fuel and compost produced. (author)

  7. Taxes, Estonian state budget and economic crises. Maksud, riigi eelarve ja majanduskriis

    Directory of Open Access Journals (Sweden)

    Olev Raju

    2013-01-01

    Full Text Available Recession has sharply erected the question of tax burden and the optimal proportion of different kinds of taxes among the incomes of the budget. Indirect taxes and consumption taxes, which proportion is different according to different methodologies, dominate in Estonian state budget. The buoyancy of a tax system based on taxes of that kind is especially weak during the recession. Difficulties concerning the incomes of budget have arisen the necessity for lifting taxes, which is possible as the tax burden is low now. But a sharp question of the optimal level of taxes is going to be raised. A formula for indirect tax optimum according to Ramsey taxes and Slutski decomposition has been proposed in the article.

  8. The economic and environmental effects of a carbon tax in South Africa: A dynamic CGE modelling approach

    Directory of Open Access Journals (Sweden)

    Jan Van Heerden

    2016-12-01

    South Africa’s National Treasury released its Carbon Tax Policy Paper in May 2013. The paper proposed a R120/tCO2-equiv. levy on coal, gas and petroleum fuels. Here, we model the possible impacts of such a tax on the South African economy using the computable general equilibrium (CGE 53-sector model of the University of Pretoria’s Department of Economics. The model shows that the carbon tax has the capacity to decrease South Africa’s greenhouse gas (GHG emissions by between 1 900MtCO2-equiv. and 2 300MtCO2-equiv. between 2016 and 2035. The extent of emissions reductions is most sensitive to the rate at which tax exemptions are removed. Recycling of carbon tax revenue reduces the extent of emissions reductions due to the fact that economic growth is supported. The manner in which carbon tax revenue is recycled back into the economy is therefore important in terms of the extent of emissions reductions achieved, but not as significant as the influence of different exemption schedules. The model shows the carbon tax to have a net negative impact on South Africa’s gross domestic product (GDP relative to the baseline under all exemption regimes and all revenue recycling options assessed. The negative impact of the carbon tax on GDP is, however, greatly reduced by the manner in which the tax revenue is recycled. Recycling in the form of a production subsidy for all industries results in the lowest negative impact on GDP.

  9. 77 FR 17456 - Buy American Exception Under the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2012-03-26

    ...-2138-01] Buy American Exception Under the American Recovery and Reinvestment Act of 2009 AGENCY... exception to the Buy American Provisions of the American Recovery and Reinvestment Act of 2009 (ARRA or... future years on electricity. The contract specifications required that all exterior photovoltaic...

  10. Crisis and economic recovery in the states of the northern border. Analysis of economic cycles

    Directory of Open Access Journals (Sweden)

    Eliseo Díaz González

    2012-01-01

    Full Text Available This paper analyzes the prospect of economic recovery and the comovement of regional and national economy with a focus on business cycles theory in 1997–2010. We estimate the trend and cycle of composition of growth in each entity with the Hodrick–Prescott filter and an autoregressive model, using employment data. The evidence shows that Nuevo Leon has the capacity to return to its trend growth, but Baja California and Chihuahua has less possibility. Finally, short–term dynamics of these economies shows that the degree of synchronization with the national economy seems to play for the recovery of growth.

  11. DEEPENING SOCIAL INEQUALITIES AND SLOWING DOWN ECONOMIC GROWTH DUE TO CORRUPTION, UNDERGROUND ECONOMY AND TAX EVASION

    Directory of Open Access Journals (Sweden)

    Adrian-Ducu, MATEI

    2014-11-01

    Full Text Available The article highlights some sources of inequalities in a globalized world which does not only generate positive impact. In the event it is mismanaged, globalization can give life to a mechanism facilitating tax evasion and, in the same time, ensuring for a small group of individuals, a power position not only when negotiating inside a company but also across the political life of a society. Moreover, the most important traits of corruption and underground economy are marked out in relation to the deepening of social inequality in Romania. These negative phenomena are also present due to the malfunctioning of the market, strengthened monopolies, hindered competition and excessive use of asymmetric information. In the current context of an economic and financial crisis, one much linked to trust, phenomena such as corruption, underground economy and tax evasion have become omnipresent, hot topics in both Romania and Europe. This is how the economy is taken over and significant resources of the public budget are missed by the state. The consequences are severe and can lead to incapacity to ensure a decent standard of living and ultimately social peace. A continuous attempt to curb these phenomena could and should be a priority and a method to settle the public financial equilibrium in Europe and in Romania in particular.

  12. A tax on sugar sweetened beverages in Colombia: Estimating the impact on overweight and obesity prevalence across socio economic levels.

    Science.gov (United States)

    Vecino-Ortiz, Andres I; Arroyo-Ariza, Daniel

    2018-05-26

    Colombia has a high prevalence of overweight (56%) and obesity (19%) among adults and is experiencing a growing trend in the prevalence of associated chronic conditions. Evidence suggests that sugar sweetened beverages (SSB) are associated to overweight/obesity, and that taxes on these beverages could reduce their associated health consequences. This paper assesses the potential effect of different levels of a SSB tax in Colombia on overweight and obesity prevalence. Using peer-reviewed local data on own-price elasticity of SSB, we applied a comparative risk assessment strategy to simulate the effect of the SSB tax on a nationally representative nutritional survey with 7140 adults in 2010 (ENSIN, 2010). Our results varied depending on the tax scenario, pass-through assumption and household socio economic strata (SES). We found that among individuals belonging to lower SES households, the SSB tax would reduce overweight and obesity between 1.5-4.9 and 1.1-2.4 percentage points (p tax rate of at least 75 cents of Colombian peso (0.75 COP) per milliliter (24% of the average price) is needed to have statistically significant effects on both overweight and obesity prevalence among lower SES households. The results of this study suggest that a SSB tax could reduce the overweight and obesity prevalence in Colombia, especially among lower SES households. This study shows that SSB taxes have a particularly beneficial effect in the most vulnerable population. Additional social and individual benefits, or individual costs arising from the tax are not assessed in this research, implying that even larger health gains could be observed. Copyright © 2018 Elsevier Ltd. All rights reserved.

  13. Economical Recovery of By-products in the Mining Industry

    Energy Technology Data Exchange (ETDEWEB)

    Berry, J.B.

    2001-12-05

    The U.S. Department of Energy (DOE) Office of Industrial Technologies, Mining Industry of the Future Program, works with the mining industry to further the industry's advances toward environmental and economic goals. Two of these goals are (1) responsible emission and by-product management and (2) low-cost and efficient production (DOE 1998). DOE formed an alliance with the National Mining Association (NMA) to strengthen the basis for research projects conducted to benefit the mining industry. NMA and industry representatives actively participate in this alliance by evaluating project proposals and by recommending research project selection to DOE. Similarly, the National Research Council (NRC) has recently and independently recommended research and technology development opportunities in the mining industry (NRC 2001). The Oak Ridge National Laboratory (ORNL) and Colorado School of Mines engineers conducted one such project for DOE regarding by -product recovery from mining process residue. The results of this project include this report on mining industry process residue and waste with opportunity for by-product recovery. The U.S. mineral processing industry produces over 30,000,000 metric tons per year of process residue and waste that may contain hazardous species as well as valuable by-products. This study evaluates the copper, lead, and zinc commodity sectors which generate between 23,300,000 and 24,000,000 metric tons per year. The distribution of residual elements in process residues and wastes varies over wide ranges* because of variations in the original ore content as it is extracted from the earth's crust. In the earth's crust, the elements of interest to mining fall into two general geochemical classifications, lithophiles and chalcophiles** (Cox 1997). Groups of elements are almost always present together in a given geochemical classification, but the relative amounts of each element are unique to a particular ore body. This paper

  14. Integration of Tax Administration to Curb Import and Domestic Tax Evasions in Ghana

    Directory of Open Access Journals (Sweden)

    John Adu Kwame

    2013-12-01

    Full Text Available As part of the Government of Ghana’s plans to maximize tax mobilization, it recently integrated its Regional Collection Agencies (RCA namely; the Internal Revenue Service (IRS, Customs Excise and Preventive service (CEPS and the Value Added Tax (VAT Services into the Ghana Revenue Authority (GRA. This research aims to find out whether Ghana’s tax administration reform of integrating the RCA into GRA has dealt with the inefficiencies in tax administration with respect to personal income tax, company tax, value added tax (VAT, import duties and self employed tax collection. To that end, questionnaires, interviews, observation and the Ministry of Finance and Economic Planning’s (MoFEP data on tax revenues were analyzed to establish whether there has been some level of efficiency in the mobilization of these taxes. From the field observation, it was discovered that many taxpayers in Ghana are not being issued receipts which could ensure proper accounting. Surprisingly, tax collectors from the RCAs were aware of this but refuse to act. Even though most of the taxes were not being collected, analysis of data from MoFEP showed an increase in revenue collection in the last four years and this has been attributed to the tax administration integration. The effect of tax evasion on the Ghanaian economy has also been thoroughly discussed

  15. Cutting Provincial Corporate Income Tax Rates to Promote Investment, Employment and Economic Growth

    Directory of Open Access Journals (Sweden)

    Ergete Ferede

    2016-03-01

    Full Text Available This communiqué is based on the following paper: The Costliest Tax of All: Raising Revenue Through Corporate Tax Hikes can be Counter-Productive for the Provinces by Ergete Ferede and Bev Dahlby.

  16. OPTICAL FIBER SENSOR TECHNOLOGIES FOR EFFICIENT AND ECONOMICAL OIL RECOVERY

    Energy Technology Data Exchange (ETDEWEB)

    A. Wang; H. Xiao; R. May

    1999-10-29

    Efficient and complete recovery of petroleum reserves from existing oil wells has proven difficult due to a lack of robust instrumentation that can monitor processes in the downhole environment. Commercially available sensors for measurement of pressure, temperature, and fluid flow exhibit shortened lifetimes in the harsh downhole conditions, which are characterized by high pressures (up to 20 kpsi), temperatures up to 250 C, and exposure to chemically reactive fluids. Development of robust sensors that deliver continuous, real-time data on reservoir performance and petroleum flow pathways will facilitate application of advanced recovery technologies, including horizontal and multi-lateral wells. The main objective of the research program is to develop cost-effective, reliable fiber sensor instrumentation for real-time monitoring and /or control of various key parameters crucial to efficient and economical oil production. This report presents the detailed research work and technical progress from October 1, 1998 to September 30, 1999. The research performed over the first year of the program has followed the schedule as proposed, and solid research progress has been made in specification of the technical requirements, design and fabrication of the SCIIB sensor probes, development of the sensor systems, development of DSP-based signal processing techniques, and construction of the test systems. These technical achievements will significantly help to advance continued research on sensor tests and evaluation during the second year of the program.

  17. The impact of a carbon tax on economic growth and carbon dioxide emissions in Ireland

    NARCIS (Netherlands)

    Conefrey, Thomas; Fitz Gerald, John D.; Valeri, Laura Malaguzzi; Tol, Richard S J

    2013-01-01

    This paper analyses the medium-term effects of a carbon tax on growth and CO2 emissions in Ireland, a small open economy. We find that a double dividend exists if the carbon tax revenue is recycled through reduced income taxes. If the revenue is recycled by giving a lump-sum transfer to households,

  18. TAX LOADING AND ITS IMPACT ON ECONOMIC ACTIVITY OF THE ORGANIZATIONS

    Directory of Open Access Journals (Sweden)

    Nailya D. Zaripova

    2014-01-01

    Full Text Available In article the mechanism of calculation of tax loading, its value and influence on activity of the organizations reveals. Differentiation of concepts tax loading, tax burden, weight of the taxation is given. Other indicators characterizing the taxation of the organization are considered.

  19. OPTICAL FIBER SENSOR TECHNOLOGIES FOR EFFICIENT AND ECONOMICAL OIL RECOVERY

    Energy Technology Data Exchange (ETDEWEB)

    Anbo Wang; Kristie L. Cooper; Gary R. Pickrell

    2003-06-01

    Efficient recovery of petroleum reserves from existing oil wells has been proven to be difficult due to the lack of robust instrumentation that can accurately and reliably monitor processes in the downhole environment. Commercially available sensors for measurement of pressure, temperature, and fluid flow exhibit shortened lifetimes in the harsh downhole conditions, which are characterized by high pressures (up to 20 kpsi), temperatures up to 250 C, and exposure to chemically reactive fluids. Development of robust sensors that deliver continuous, real-time data on reservoir performance and petroleum flow pathways will facilitate application of advanced recovery technologies, including horizontal and multilateral wells. This is the final report for the four-year program ''Optical Fiber Sensor Technologies for Efficient and Economical Oil Recovery'', funded by the National Petroleum Technology Office of the U.S. Department of Energy, and performed by the Center for Photonics Technology of the Bradley Department of Electrical and Computer Engineering at Virginia Tech from October 1, 1999 to March 31, 2003. The main objective of this research program was to develop cost-effective, reliable optical fiber sensor instrumentation for real-time monitoring of various key parameters crucial to efficient and economical oil production. During the program, optical fiber sensors were demonstrated for the measurement of temperature, pressure, flow, and acoustic waves, including three successful field tests in the Chevron/Texaco oil fields in Coalinga, California, and at the world-class oil flow simulation facilities in Tulsa, Oklahoma. Research efforts included the design and fabrication of sensor probes, development of signal processing algorithms, construction of test systems, development and testing of strategies for the protection of optical fibers and sensors in the downhole environment, development of remote monitoring capabilities allowing real

  20. Non-conventional fuel tax credit

    International Nuclear Information System (INIS)

    Soeoet, P.M.

    1988-01-01

    Coal-seam methane, along with certain other non-conventional fuels, is eligible for a tax credit. This production tax credit allowed coal-seam methane producers to receive $0.7526 per million Btu of gas sold during 1986. In 1987, this credit rose to $0.78 per million Btu. The tax credit is a very significant element of the economic analysis of current coal-seam methane projects. In today's spot market, gas prices are around $1.50 per million Btu. Allowing for costs of production, the gas producer will net more income from the tax credit than from the sale of the gas. The Crude Oil Windfall Profit Tax Act of 1980 is the source of this tax credit. There were some minor changes made by subsequent legislation, but most of the tax credit has remained intact. Wells must be drilled by 1990 to qualify for the tax credit but the production from such wells is eligible for the tax credit until 2001. Projections have been made, showing that the tax credit should increase to $0.91 per million Btu for production in 1990 and $1.34 per million Btu in 2000. Variables which may decrease the tax credit from these projections are dramatically lower oil prices or general economic price deflation

  1. The simple economics of motor vehicle pollution: A case for fuel tax

    International Nuclear Information System (INIS)

    Montag, Josef

    2015-01-01

    The volume of pollution produced by an automobile is determined by driver's behavior along three margins: (i) vehicle selection, (ii) kilometers driven, and (iii) on-road fuel economy. The first two margins have been studied extensively, however the third has received scant attention. How significant is this ‘intensive margin’? What would be the optimal policies when it is taken into account? The paper develops and analyzes a simple model of the technical and behavioral mechanisms that determine the volume emissions produced by a car. The results show that an optimal fuel tax would provide drivers with appropriate incentives along all three margins and that only public information is needed for a fuel tax to be set optimally. In contrast, an optimal distance tax would require private information. Lastly, relative to the optimal fuel tax, a simple uniform fuel tax is shown to be progressive. Thus, being already deployed worldwide, a uniform fuel tax is an attractive second-best policy. These findings should be accounted for when designing new mechanisms to alleviate motor vehicle pollution. -- Highlights: •The paper analyzes motor vehicle pollution and optimal policy responses. •The intensive margin of vehicle use (on-road fuel consumption) is modeled explicitly. •An optimal fuel tax requires only public information, unlike an optimal distance tax. •Fuel taxes should remain the core instrument for car pollution control. •Other policies, such as a car tax, may complement fuel taxes but are not substitutes

  2. 26 CFR 301.6316-7 - Payment of Federal Insurance Contributions Act taxes in foreign currency.

    Science.gov (United States)

    2010-04-01

    ... the correct equivalent in dollars, whether it be the official rate, the open market rate, or any other... Director of International Operations shall be considered as payment of tax in an amount equal to the U.S...

  3. A proposal of ecologic taxes based on thermo-economic performance of heat engine models

    International Nuclear Information System (INIS)

    Barranco-Jimenez, M. A.; Ramos-Gayosso, I.; Rosales, M. A.; Angulo-Brown, F.

    2009-01-01

    Within the context of Finite-Time Thermodynamics (FTT) a simplified thermal power plant model (the so-called Novikov engine) is analyzed under economical criteria by means of the concepts of profit function and the costs involved in the performance of the power plant. In this study, two different heat transfer laws are used, the so called Newton's law of cooling and the Dulong-Petit's law of cooling. Two FTT optimization criteria for the performance analysis are used: the maximum power regime (MP) and the so-called ecological criterion. This last criterion leads the engine model towards a mode of performance that appreciably diminishes the engine's wasted energy. In this work, it is shown that the energy-unit price produced under maximum power conditions is cheaper than that produced under maximum ecological (ME) conditions. This was accomplished by using a typical definition of profits function stemming from economics. The MP-regime produces considerably more wasted energy toward the environment, thus the MP energy-unit price is subsidized by nature. Due to this fact, an ecological tax is proposed, which could be a certain function of the price difference between the MP and ME modes of power production. (author)

  4. A Proposal of Ecologic Taxes Based on Thermo-Economic Performance of Heat Engine Models

    Directory of Open Access Journals (Sweden)

    Fernando Angulo-Brown

    2009-11-01

    Full Text Available Within the context of Finite-Time Thermodynamics (FTT a simplified thermal power plant model (the so-called Novikov engine is analyzed under economical criteria by means of the concepts of profit function and the costs involved in the performance of the power plant. In this study, two different heat transfer laws are used, the so called Newton’s law of cooling and the Dulong-Petit’s law of cooling. Two FTT optimization criteria for the performance analysis are used: the maximum power regime (MP and the so-called ecological criterion. This last criterion leads the engine model towards a mode of performance that appreciably diminishes the engine’s wasted energy. In this work, it is shown that the energy-unit price produced under maximum power conditions is cheaper than that produced under maximum ecological (ME conditions. This was accomplished by using a typical definition of profits function stemming from economics. The MP-regime produces considerably more wasted energy toward the environment, thus the MP energy-unit price is subsidized by nature. Due to this fact, an ecological tax is proposed, which could be a certain function of the price difference between the MP and ME modes of power production.

  5. A proposal of ecologic taxes based on thermo-economic performance of heat engine models

    Energy Technology Data Exchange (ETDEWEB)

    Barranco-Jimenez, M. A. [Departamento de Ciencias Basicas, Escuela Superior de Computo del IPN, Av. Miguel Bernal Esq. Juan de Dios Batiz U.P. Zacatenco CP 07738, D.F. (Mexico); Ramos-Gayosso, I. [Unidad de Administracion de Riesgos, Banco de Mexico, 5 de Mayo, Centro, D.F. (Mexico); Rosales, M. A. [Departamento de Fisica y Matematicas, Universidad de las Americas, Puebla Exhacienda Sta. Catarina Martir, Cholula 72820, Puebla (Mexico); Angulo-Brown, F. [Departamento de Fisica, Escuela Superior de Fisica y Matematicas del IPN, Edif. 9 U.P. Zacatenco CP 07738, D.F. (Mexico)

    2009-07-01

    Within the context of Finite-Time Thermodynamics (FTT) a simplified thermal power plant model (the so-called Novikov engine) is analyzed under economical criteria by means of the concepts of profit function and the costs involved in the performance of the power plant. In this study, two different heat transfer laws are used, the so called Newton's law of cooling and the Dulong-Petit's law of cooling. Two FTT optimization criteria for the performance analysis are used: the maximum power regime (MP) and the so-called ecological criterion. This last criterion leads the engine model towards a mode of performance that appreciably diminishes the engine's wasted energy. In this work, it is shown that the energy-unit price produced under maximum power conditions is cheaper than that produced under maximum ecological (ME) conditions. This was accomplished by using a typical definition of profits function stemming from economics. The MP-regime produces considerably more wasted energy toward the environment, thus the MP energy-unit price is subsidized by nature. Due to this fact, an ecological tax is proposed, which could be a certain function of the price difference between the MP and ME modes of power production. (author)

  6. EPA Linked Open Data: Resource Conservation and Recovery Act Handlers (RCRA)

    Data.gov (United States)

    U.S. Environmental Protection Agency — RCRAInfo is EPA’s comprehensive information system that supports the Resource Conservation and Recovery Act (RCRA) of 1976 and the Hazardous and Solid Waste...

  7. Recovery Act: Advanced Direct Methanol Fuel Cell for Mobile Computing

    Energy Technology Data Exchange (ETDEWEB)

    Fletcher, James H. [University of North Florida; Cox, Philip [University of North Florida; Harrington, William J [University of North Florida; Campbell, Joseph L [University of North Florida

    2013-09-03

    ABSTRACT Project Title: Recovery Act: Advanced Direct Methanol Fuel Cell for Mobile Computing PROJECT OBJECTIVE The objective of the project was to advance portable fuel cell system technology towards the commercial targets of power density, energy density and lifetime. These targets were laid out in the DOE’s R&D roadmap to develop an advanced direct methanol fuel cell power supply that meets commercial entry requirements. Such a power supply will enable mobile computers to operate non-stop, unplugged from the wall power outlet, by using the high energy density of methanol fuel contained in a replaceable fuel cartridge. Specifically this project focused on balance-of-plant component integration and miniaturization, as well as extensive component, subassembly and integrated system durability and validation testing. This design has resulted in a pre-production power supply design and a prototype that meet the rigorous demands of consumer electronic applications. PROJECT TASKS The proposed work plan was designed to meet the project objectives, which corresponded directly with the objectives outlined in the Funding Opportunity Announcement: To engineer the fuel cell balance-of-plant and packaging to meet the needs of consumer electronic systems, specifically at power levels required for mobile computing. UNF used existing balance-of-plant component technologies developed under its current US Army CERDEC project, as well as a previous DOE project completed by PolyFuel, to further refine them to both miniaturize and integrate their functionality to increase the system power density and energy density. Benefits of UNF’s novel passive water recycling MEA (membrane electrode assembly) and the simplified system architecture it enabled formed the foundation of the design approach. The package design was hardened to address orientation independence, shock, vibration, and environmental requirements. Fuel cartridge and fuel subsystems were improved to ensure effective fuel

  8. A socioeconomic assessment of Forest Service American Recovery and Reinvestment Act projects: eight case studies

    Science.gov (United States)

    Susan Charnley; Pamela J. Jakes; John Schelhas

    2011-01-01

    The American Recovery and Reinvestment Act of 2009 aimed to create jobs and jumpstart the economy while addressing the Nation’s social and environmental needs. The U.S. Department of Agriculture, Forest Service, received $1.15 billion in recovery funding to support projects in wildland fire management, capital improvement and maintenance, and biomass utilization. This...

  9. Species recovery in the United States: Increasing the effectiveness of the Endangered Species Act

    Science.gov (United States)

    Daniel M. Evans; Judy P. Che-Castaldo; Deborah Crouse; Frank W. Davis; Rebecca Epanchin-Niell; Curtis H. Flather; R. Kipp Frohlich; Dale D. Goble; Ya-Wei Li; Timothy D. Male; Lawrence L. Master; Matthew P. Moskwik; Maile C. Neel; Barry R. Noon; Camille Parmesan; Mark W. Schwartz; J. Michael Scott; Byron K. Williams

    2016-01-01

    The Endangered Species Act (ESA) has succeeded in shielding hundreds of species from extinction and improving species recovery over time. However, recovery for most species officially protected by the ESA - i.e., listed species - has been harder to achieve than initially envisioned. Threats to species are persistent and pervasive, funding has been insufficient...

  10. 76 FR 24043 - Buy American Exceptions Under the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2011-04-29

    ... Minneapolis Public Housing Authority for the purchase and installation of compact fluorescent lamps (CFLs) and... Under the American Recovery and Reinvestment Act of 2009 AGENCY: Office of the Assistant Secretary for Public and Indian Housing, HUD. ACTION: Notice. SUMMARY: In accordance with the American Recovery and...

  11. Tobacco and taxes: A winning strategy | IDRC - International ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    2010-12-14

    Dec 14, 2010 ... The government has accepted and acted upon the report's recommendation that there should be incremental increases on tobacco taxes, ... illnesses lead to a lesser economic burden on the health system. ... Related articles ...

  12. Audit Report on "The Department of Energy's American Recovery and Reinvestment Act -- Florida State Energy Program"

    Energy Technology Data Exchange (ETDEWEB)

    None

    2010-06-01

    have adversely impacted Florida's ability to meet the goals of the SEP and the Recovery Act. Specifically: (1) Florida used about $8.3 million to pay for activities that did not meet the intent of the Recovery Act to create new or save existing jobs. With the approval of the Department, Florida used these funds to pay for rebates related to solar energy projects that had been completed prior to passage of the Recovery Act; (2) State officials did not meet Florida's program goals to obligate all Recovery Act funds by January 1, 2010, thus delaying projects and preventing them from achieving the desired stimulative economic impact. Obligations were delayed because Florida officials selected a number of projects that either required a lengthy review and approval process or were specifically prohibited. In June 2009, the Department notified Florida that a number of projects would not be approved; however, as of April 1, 2010, the State had not acted to name replacement projects or move funds to other projects; (3) Florida officials had not ensured that 7 of the 18 award requirements for Recovery Act funding promulgated by the Department had been passed down to sub-recipients of the award, as required; and, (4) Certain internal control weaknesses that could jeopardize the program and increase the risk of fraud, waste and abuse were identified in the Solar Energy System Incentives Program during our September 2009 visit to Florida. These included a lack of separation of duties related to the processing of rebates and deficiencies in the written procedures for grant managers to review and approve rebates. From a forward looking perspective, absent aggressive corrective action, these weaknesses threaten Florida's efforts to meet future Recovery Act goals. In response to our review, Florida took corrective action to incorporate the additional award requirements in sub-recipient documents. It also instituted additional controls to correct the internal control

  13. Different Tax Systems among Nations and International Tax Avoidance

    OpenAIRE

    栗原, 克文

    2008-01-01

    As economic globalization proceeds, tax policies of one nation influence others more and greater pressures are imposed on tax systems and tax administrations.The possibility of tax avoidance will expand if cross-border transactions are abused.Specifically, tax system differentials among countries increase the opportunity for tax avoidance.Under some tax avoidance schemes, foreign entities which have no or little economic substance are used to create artificial losses, so that they can minimiz...

  14. Environmental taxes

    Directory of Open Access Journals (Sweden)

    Zoran Šinković

    2013-01-01

    Full Text Available Environmental taxes should result in an improvement or prevention of deterioration of the environment. Although more advanced than previously existing Act on Excise Duty on Passenger Cars, Other Motor Vehicles, Vessels and Aircrafts from the 1997th year, the new law will hardly Croatia bring visible environmental benefit. Its application should not be expected to reduce the negative impacts of road traffic on air quality and greenhouse gas emissions until it does not clearly define how it will be at least part of the funds collected under this levy will be spent on measures to encourage the use of say hybrid or electric vehicles. Yet we should not neglect the fact that there is still need to work on educating people about the importance of environmental protection and any measures to be taken in the sphere of environmental protection should follow economic policies with a particular community or a country.

  15. The Economic Effects of the Corporate Income Tax: Changing Revenues and Changing Views

    OpenAIRE

    Alan J. Auerbach

    1984-01-01

    This paper reviews recent empirical research studying the impact of the U.S. corporate income tax on the behavior of firms. Four areas are discussed:(1) The extent to which dividend taxation imposes a "double tax" on corporate source earnings;(2) The historical impact of tax incentives on the incentives to investand the value of corporate equity;(3) The effects of limited loss offset provisions on the incentives to invest in risky assets; and(4) The determinants of corporate leverage.

  16. Economic and public health impact of 2007-2010 tobacco tax increases in Ukraine.

    Science.gov (United States)

    Ross, Hana; Stoklosa, Michal; Krasovsky, Konstantin

    2012-07-01

    To evaluate the impact of the dynamic 2007-2010 tobacco tax policy in Ukraine on cigarette prices, cigarette consumption, tobacco tax revenue and the tobacco industry's price strategy. Using data on cigarette sales, cigarette prices, income and tobacco control policies, price elasticities of cigarette demand in Ukraine were estimated using two methods. Annual data were used to generate point price elasticity estimates, while monthly data were used in a two-step Engle-Granger procedure. The point price elasticity estimate is data sensitive and ranges from -0.11 to -0.62, centring around -0.32. The regression model estimates a long-run price elasticity of -0.28. Cigarette consumption fell by 13% in 2009 and 15% in 2010 while the tax revenue increased by US$700 million and by US$500 million in 2009 and 2010, respectively, compared to the previous year. Tax increases have changed the tobacco industry's price strategy from one of shielding consumers from the impact of smaller tax hikes in 2007-2008, to one of increasing industry net-of-tax prices, after recent, larger tax increases. The higher real tobacco excise taxes of 2009 and 2010 have significantly reduced tobacco consumption in Ukraine, resulting in encouraging public health and fiscal gains. It will be important for cigarette prices/taxes to keep pace with inflation and income growth for this impact to be sustained.

  17. Recovery from chemical, biological, and radiological incidents. Critical infrastructure and economic impact considerations

    Energy Technology Data Exchange (ETDEWEB)

    Franco, David Oliver [Sandia National Lab. (SNL-CA), Livermore, CA (United States); Yang, Lynn I. [Sandia National Lab. (SNL-CA), Livermore, CA (United States); Hammer, Ann E. [Sandia National Lab. (SNL-CA), Livermore, CA (United States)

    2012-06-01

    To restore regional lifeline services and economic activity as quickly as possible after a chemical, biological or radiological incident, emergency planners and managers will need to prioritize critical infrastructure across many sectors for restoration. In parallel, state and local governments will need to identify and implement measures to promote reoccupation and economy recovery in the region. This document provides guidance on predisaster planning for two of the National Disaster Recovery Framework Recovery Support Functions: Infrastructure Systems and Economic Recovery. It identifies key considerations for infrastructure restoration, outlines a process for prioritizing critical infrastructure for restoration, and identifies critical considerations for promoting regional economic recovery following a widearea disaster. Its goal is to equip members of the emergency preparedness community to systematically prioritize critical infrastructure for restoration, and to develop effective economic recovery plans in preparation for a widearea CBR disaster.

  18. 75 FR 69453 - Buy American Exceptions Under the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2010-11-12

    ... Reinvestment Act of 2009 (Pub. L. 111-05, approved February 17, 2009) (Recovery Act), and implementing guidance... conditioning units and Ground Fault Circuit Interrupter (GFCI) outlets for the Riverdale Senior Apartments... implementing guidance published on April 23, 2009 (74 FR 18449), this notice advises the public that, on...

  19. Techno-economic analysis of resource recovery technologies for wastewater treatment plants

    DEFF Research Database (Denmark)

    Boiocchi, Riccardo; Matafome, Beatriz; Loureiro da Costa Lira Gargalo, Carina

    2017-01-01

    resource-recovery treatment units: (a) a chemical precipitation process, for recovery of iron phosphate fertilizer; (b) the Exelys technology, for increased biogas production; and, (c) the Phosnix technology, for recovery of struvite fertilizer. Seven upgrade strategies/flowsheets employing different...... upgrading combinations involving chemical precipitation and Exelys technologies were not found economical for the given plant. Sensitivity analyses on the economic evaluation criteria have demonstrated that the results obtained are robust against uncertainties in influent wastewater characteristics...

  20. Concept of Tax Advising Within Tax Optimization

    OpenAIRE

    Svitlana Bychkova; Makarova Nadiya

    2013-01-01

    Tax advising is strictly individual service requiring knowledge in the fields of law, tax and accounting. Tax advising includes not only advising on taxation models depending on the economic entity type of activity, but it also deals with issues of tax optimization. In the article the authors have offered their views on the concept of tax consulting in the area of tax optimization (tax planning). The subject matter has been a set of the most rational and important settings that allow you to u...

  1. The Evolution of Economic Thought Regarding the Role of Taxes in Securing the Welfare of Population

    Directory of Open Access Journals (Sweden)

    Lavrenkova Iryna M.

    2017-11-01

    Full Text Available The article is concerned with researching the evolution of theories of taxation and its role in the regulation of the welfare of population. The evolution of tax theories is divided into six stages. At the first stage of formation of ideas of tax regulation, the tax was considered only as obligatory payment of each member of society for the minimal volume of services on the part of the State (ensuring personal safety and safety of property. The second stage of the evolution of taxation theories is setting the question of equivalence of the taxes paid and the services received from the State. The third stage is characterized by attention to the impact of income tax on the level of individual and social welfare, including the impact of corporate taxes on the level of remuneration and employment of population. The fourth stage relates to the determination of the optimal correlation between direct and indirect taxes in order to ensure the growth of public welfare. The fifth stage is characterized by an increasing role of the institutional aspect of taxation, especially its behavioral component. The sixth stage is related to the change of approaches to defining the essence of welfare, which is complemented by the ecological component. One of the directions for further researches is a systematization of the tax instrumentarium, which was used in the western practice and could be used in the future in Ukraine.

  2. Recessions and Tax-Cuts: Economic Cycles' Impact on Individual Giving, Philanthropy, and Higher Education

    Science.gov (United States)

    Drezner, Noah D.

    2006-01-01

    Few researchers have examined how individual giving to higher education is effected by the economy, specifically during downturns and periodic changes in tax laws. Further understanding the relationship between the economy's cycles and philanthropic giving, including the correlation of tax cuts to donations, will help colleges and universities…

  3. The economic impact of taxes on refined petroleum products in the Philippines

    International Nuclear Information System (INIS)

    Boyd, R.; Uri, N.D.

    1993-01-01

    This paper uses an aggregate modelling approach to assess the impact of taxes on refined petroleum products on the Philippine economy. The effects of removing the 48% tax on premium and regular gasoline and the 24% tax on other refined petroleum products on prices and quantities are examined. For example, the consequences of a complete elimination of refined petroleum product taxes would be an increase in output by all producing sectors of about 3.7% or about 2.65 hundred billion Philippine pesos, a rise in the consumption of goods and services by about 13.6% or 4.2 hundred billion Philippine pesos, a rise in lower tax revenue for the government of 62.4% or 2.8 hundred billion Philippine pesos. When subjected to sensitivity analyses, the results are reasonably robust. (author)

  4. Economic and legal problems arising in connection with an EC tax on carbon dioxide emissions

    International Nuclear Information System (INIS)

    Ressing, W.

    1993-01-01

    Having regard to maintaining the competitiveness of the German industry, the German Federal Government decided not to start a solo attempt with introducing in Germany a tax on CO 2 emissions, but instead is backing a proposed directive of the EC Commission, suggesting such tax to be established in the EC member states. There are various concepts on the table open for debate, intended to safeguard competitiveness of the industries by a mix of principles including e.g.: conditionality, the tax to be neutral in its effect on revenue, conditions for tax relieves for energy-intensive business, and tax relieves for investment into technologies and equipment for CO 2 abatement. (orig.) [de

  5. 3 CFR - Ensuring Responsible Spending of Recovery Act Funds

    Science.gov (United States)

    2010-01-01

    ... long-term public benefits by, for example, investing in technological advances in science and health to... protection, and other infrastructure that will provide long-term economic benefits; fostering energy..., aquarium, zoo, golf course, or swimming pool.” (b) In exercising their available discretion to commit...

  6. Final Scientific/Technical Report [Recovery Act: Districtwide Geothermal Heating Conversion

    Energy Technology Data Exchange (ETDEWEB)

    Chatterton, Mike [McKinstry, Meridian, ID (United States)

    2014-02-12

    The Recovery Act: Districtwide Geothermal Heating Conversion project performed by the Blaine County School District was part of a larger effort by the District to reduce operating costs, address deferred maintenance items, and to improve the learning environment of the students. This project evaluated three options for the ground source which were Open-Loop Extraction/Re-injection wells, Closed-Loop Vertical Boreholes, and Closed-Loop Horizontal Slinky approaches. In the end the Closed-Loop Horizontal Slinky approach had the lowest total cost of ownership but the majority of the sites associated with this project did not have enough available ground area to install the system so the second lowest option was used (Open-Loop). In addition to the ground source, this project looked at ways to retrofit existing HVAC systems with new high efficiency systems. The end result was the installation of distributed waterto- air heat pumps with water-to-water heat pumps installed to act as boilers/chillers for areas with a high ventilation demand such as they gymnasiums. A number of options were evaluated and the lowest total cost of ownership approach was implemented in the majority of the facilities. The facilities where the lowest total cost of ownership approaches was not selected were done to maintain consistency of the systems from facility to facility. This project had a number of other benefits to the Blaine County public. The project utilizes guaranteed energy savings to justify the levy funds expended. The project also developed an educational dashboard that can be used in the classrooms and to educate the community on the project and its performance. In addition, the majority of the installation work was performed by contractors local to Blaine County which acted as an economic stimulus to the area during a period of recession.

  7. Tax Expenditures in Croatia

    Directory of Open Access Journals (Sweden)

    Vjekoslav Bratić

    2006-06-01

    Full Text Available The tax system of the Republic of Croatia contains a large number of very diverse kinds of tax expenditures whose the declared aim is to achieve certain social and economic objectives. This paper considers all the items that constitute tax expenditures in Croatia, within the systems of the personal income tax, corporate income tax, and real estate transfer tax and value added tax. The objective of the article is to determine the real level of tax expenditures per form of tax in the 2001-2004 period. We hypothesised that the tax expenditures in the analysed forms of tax are both high and growing, which was ultimately borne out, for almost all the analysed items in the tax forms considered are growing.

  8. 18 CFR 367.102 - Accounts 408.1 and 408.2, Taxes other than income taxes.

    Science.gov (United States)

    2010-04-01

    ... COMPANY ACT OF 2005, FEDERAL POWER ACT AND NATURAL GAS ACT UNIFORM SYSTEM OF ACCOUNTS FOR CENTRALIZED... taxes, state unemployment insurance, franchise taxes, Federal excise taxes, social security taxes, and...

  9. The economic impact of state cigarette taxes and smoke-free air policies on convenience stores.

    Science.gov (United States)

    Huang, Jidong; Chaloupka, Frank J

    2013-03-01

    To investigate whether increasing state cigarette taxes and/or enacting stronger smoke-free air (SFA) policies have negative impact on convenience store density in a state, a proxy that is determined by store openings and closings, which reflects store profits. State-level business count estimates for convenience stores for 50 states and District of Columbia from 1997 to 2009 were analysed using two-way fixed effects regression techniques that control for state-specific and year-specific determinants of convenience store density. The impact of tax and SFA policies was examined using a quasi-experimental research design that exploits changes in cigarette taxes and SFA policies within a state over time. Taxes are found to be uncorrelated with the density of combined convenience stores and gas stations in a state. Taxes are positively correlated with the density of convenience stores; however, the magnitude of this correlation is small, with a 10% increase in state cigarette taxes associated with a 0.19% (pconvenience stores per million people in a state. State-level SFA policies do not correlate with convenience store density in a state, regardless whether gas stations were included. These results are robust across different model specifications. In addition, they are robust with regard to the inclusion/exclusion of other state-level tobacco control measures and gasoline prices. Contrary to tobacco industry and related organisations' claims, higher cigarette taxes and stronger SFA policies do not negatively affect convenience stores.

  10. The Comprehensive Addiction and Recovery Act: Opioid Use Disorder and Midwifery Practice.

    Science.gov (United States)

    Murphy, Jeanne; Goodman, Daisy; Johnson, M Christina; Terplan, Mishka

    2018-03-01

    The federal response to the opioid use disorder crisis has included a mobilization of resources to encourage office-based pharmacotherapy with buprenorphine, an effort culminating in the 2016 Comprehensive Addiction and Recovery Act, signed into law as Public Law 114-198. The Comprehensive Addiction and Recovery Act was designed to increase access to treatment with special emphasis on services for pregnant women and follow-up for infants affected by prenatal substance exposure. In this effort, the Comprehensive Addiction and Recovery Act laudably expands eligibility for obtaining a waiver to prescribe buprenorphine to nurse practitioners and physician assistants. However, certified nurse-midwives and certified midwives, who care for a significant proportion of pregnant and postpartum women and attend a significant proportion of births in the United States, were not included in the Comprehensive Addiction and Recovery Act legislation. In this commentary, we argue that an "all-hands" approach to providing office-based medication-assisted treatment for opioid use disorder is essential to improving access to treatment. Introduced in the House of Representatives in September 2017, the Addiction Treatment Access Improvement Act (H.R. 3692) would allow midwives to apply for the federal waiver to prescribe buprenorphine and is supported by the American College of Obstetricians and Gynecologists and the American College of Nurse-Midwives. We support this change and encourage the U.S. Congress to act quickly to allow midwives to prescribe medication-assisted treatment for pregnant women with opioid use disorder.

  11. Economic effects of a carbon tax: with a general equilibrium illustration for Belgium

    International Nuclear Information System (INIS)

    Proost, S.; Regemorter, D. Van

    1992-01-01

    The feasibility and efficiency arguments of an international and a national carbon tax are analysed. It is argued that an internationally organized carbon tax can be a good instrument for implementing an international CO 2 abatement strategy. Less efficient instruments like national CO 2 reduction emission objectives are more likely to be implemented. A national carbon tax is analysed as a policy instrument to reach such an internationally agreed national CO 2 emission reduction objective. This is done for Belgium using a dynamic general equilibrium model. (author)

  12. 77 FR 24740 - Notice of Lodging of Settlement Agreement Under the Resource Conservation And Recovery Act and...

    Science.gov (United States)

    2012-04-25

    ... DEPARTMENT OF JUSTICE Notice of Lodging of Settlement Agreement Under the Resource Conservation And Recovery Act and the Emergency Planning and Community Right-to-Know Act Notice is hereby given... Recovery Act (``RCRA''), 42 U.S.C. 6901, et seq., and the Emergency Planning and Community Right-to-Know...

  13. Surplus Facilities and Resource Conservation and Recovery Act Closure program plan, fiscal year 1992

    International Nuclear Information System (INIS)

    Hughes, M.C.; Wahlen, R.K.; Winship, R.A.

    1991-10-01

    The Surplus Facilities and Resource Conservation and Recovery Act Closure program is responsible to US Department of Energy Field Office, Richland for the safe, cost-effective surveillance, maintenance, and decommissioning of surplus facilities at the Hanford Site. The Surplus Facilities and Resource Conservation and Recovery Act Closure program is also responsible to US Department of Energy Field Office, Richland for the program management of specific Resource Conservation and Recovery Act closures at the Hanford Site. This program plan addresses only the surplus facilities. The criteria used to evaluate each factor relative to decommissioning are based on the guidelines presented by the US Department of Energy Field Office, Richland, Environmental Restoration Division. The guidelines are consistent with the Westinghouse Hanford Company commitment to decommission Hanford Site retired facilities in the safest and most cost-effective way achievable. This document outlines the plan for managing these facilities until disposal

  14. Environmental taxes

    DEFF Research Database (Denmark)

    Ekins, P.; Andersen, Mikael Skou; Vos, H.

    EXECUTIVE SUMMARY1.Although the 5th Environmental Action Programme of the EU in 1992 recommended the greater use of economic instruments such as environmental taxes, there has been little progress in their use since then at the EU level. At Member State level, however, there has been a continuing...... increase in the use of environmental taxes over the last decade, which has accelerated in the last 5-6 years. This is primarily apparent in Scandinavia, but it is also noticeable in Austria, Belgium, France, Germany, The Netherlands and the United Kingdom.2.Evaluation studies of 16 environmental taxes have...... been identified and reviewed in this report. Within the limitations of the studies, it appears that these taxes have been environmentally effective (achieving their environmental objectives) and they seem to have achieved such objectives at reasonable cost. Examples of particularly successful taxes...

  15. Taxing energy

    International Nuclear Information System (INIS)

    Deacon, R.; DeCanio, S.; Frech, H.E. III; Johnson, M.B.

    1990-01-01

    In this book, the authors have produced an analysis of state energy taxation. Their factual findings are of particular relevance to California and other states in their consideration of severance taxes on oil production. It turns out, for example, that while California's tax burden on oil producers is slightly below average among the states, the combined revenues from taxes and royalties (expressed as a percent of the value of production) indicate that California is not easy on oil producers. In fact, California's oil tax system appears to be particularly well suited to its oil industry. Much of the production in the state is relatively high-cost and economically marginal. The state must tread carefully in taxing this production, lest it force it to be curtailed

  16. ANALYSISTHE POLITICAL AND ECONOMIC FACTORS OF ANTI-INCOME TAX AVOIDANCE SYSTEM BETWEEN TAIWAN ANDCHINA

    Directory of Open Access Journals (Sweden)

    Chia-Jen Chang

    2012-07-01

    Full Text Available This study found that the main reasons, which lead to a more stringent Anti-Income Tax Avoidance in China than in Taiwan, are as follows by analysis thedifferences of Cross-Strait (Taiwan and China Anti-Income Tax Avoidancepolicies and the process of law regulation. First, the executive department inChina has higher autonomy to regulate Anti-Income Tax Avoidance; whereasTaiwan’s regulations need to reflect citizens’ demand. Second, foreign-fundedenterprises have less impact on Anti-IncomeTax Avoidance in China; however,multinational enterprises in Taiwan have strong influence on it. Third, China hasthe large scale of domestic market, but Taiwan is a typical export-orientedeconomic system. Forth, most multinational enterprises in China are belonged tocentral government. Nevertheless, they are private-owned in Taiwan.

  17. How tax incentives affect the economics of solar energy equipment in the state of North Carolina

    International Nuclear Information System (INIS)

    McGuffey, B.; Brooks, B.; Shirley, L.

    1998-01-01

    To promote and encourage the use of solar energy, the state of North Carolina has put in place one of the most favorable corporate energy tax credit packages in the country. The capital cost of solar energy systems can be reduced 50 to 70% by state and federal tax incentives. The available incentives for solar equipment installation are (1) a 35% state tax credit, up to a one year maximum of $25,000, from North Carolina; (2) a 10% unlimited federal tax credit; and (3) a 5-year federal accelerated depreciation schedule. To promote residential solar systems, the state has provided a residential credit of 40% up to a one year maximum of $1,500

  18. Build back better principles for economic recovery: case study of the Victorian bushfires.

    Science.gov (United States)

    Mannakkara, Sandeeka; Wilkinson, Suzanne

    This paper looks at developing build back better (BBB) principles for economic recovery using the 2009 Victorian bushfires in Australia as a case study. The concept behind BBB-based economic recovery is to rejuvenate the economy in disaster-affected communities along with rebuilding to create resilient sustainable communities. A review of the literature identified several principles that can be applied to economic recovery to build back better. Data were collected in 2010 and 2011 by conducting semi- structured interviews with stakeholders who were directly involved in the Victorian bushfires recovery efforts, along with reports and other documentation. The recovery in Victoria displayed the use of BBB-based initiatives for economic recovery. The successes and shortcomings contributed to the creation of a modified list of BBB principles for economic recovery, including: creating an economic strategy based on thorough data collection; providing effective funding through grants and flexible low-interest loans; establishing business advice and mentoring services; providing incentives for businesses; assisting speedy rebuilding of business buildings; providing subsidised employee training and up-skilling programmes; and promoting local businesses through advertising.

  19. Recovery Act - Sustainable Transportation: Advanced Electric Drive Vehicle Education Program

    Energy Technology Data Exchange (ETDEWEB)

    Caille, Gary

    2013-12-13

    The collective goals of this effort include: 1) reach all facets of this society with education regarding electric vehicles (EV) and plug–in hybrid electric vehicles (PHEV), 2) prepare a workforce to service these advanced vehicles, 3) create web–based learning at an unparalleled level, 4) educate secondary school students to prepare for their future and 5) train the next generation of professional engineers regarding electric vehicles. The Team provided an integrated approach combining secondary schools, community colleges, four–year colleges and community outreach to provide a consistent message (Figure 1). Colorado State University Ventures (CSUV), as the prime contractor, plays a key program management and co–ordination role. CSUV is an affiliate of Colorado State University (CSU) and is a separate 501(c)(3) company. The Team consists of CSUV acting as the prime contractor subcontracted to Arapahoe Community College (ACC), CSU, Motion Reality Inc. (MRI), Georgia Institute of Technology (Georgia Tech) and Ricardo. Collaborators are Douglas County Educational Foundation/School District and Gooru (www.goorulearning.org), a nonprofit web–based learning resource and Google spin–off.

  20. American Recovery and Reinvestment Act (ARRA) FEMP Technical Assistance

    Energy Technology Data Exchange (ETDEWEB)

    Robert P. Breckenridge; Thomas R. Wood

    2010-08-01

    The purpose of this document is to evaluate the opportunity for Letterkenny Army Depot (LEAD or the Depot) to utilize biogenic methane, which may be available in shale formations under the Depot, to provide a supplemental source of natural gas that could allow the Depot to increase energy independence. Both the Director and Deputy of Public Works at the Depot are supportive in general of a methane production project, but wanted to better understand the challenges prior to embarking on such a project. This report will cover many of these issues. A similar project has been successfully developed by the U. S. Army at Ft. Knox, KY, which will be explained and referred to throughout this report as a backdrop to discussing the challenges and opportunities at LEAD, because the geologic formations and possibilities at both sites are similar. Prior to discussing the opportunity at LEAD, it is important to briefly discuss the successful methane recovery operation at Ft. Knox, because it is applicable to the projected approach for the LEAD methane system. The Ft. Knox project is an excellent example of how the U. S. Army can use an onsite renewable resource to provide a secure energy source that is not dependent on regional energy networks and foreign oil. At Ft. Knox, the U. S. Army contracted (through a utility co-op) with an energy production company to drill wells, establish a distribution infrastructure, and provide the equipment needed to prepare and compress the produced methane gas for use by base operations. The energy production company agreed to conduct the exploratory investigation at Ft. Knox with no cost to the government, as long as they could be granted a long-term contract if a reliable energy resource was established. The Depot is located, in part, over an Ordovician Age shale formation that may have the potential for producing biogenic methane, similar to the Devonian Age shale found beneath Ft. Knox. However, the Ordovician Age Shale beneath the

  1. Energy taxes, resource taxes and quantity rationing for climate protection

    Energy Technology Data Exchange (ETDEWEB)

    Eisenack, Klaus [Oldenburg Univ. (Germany). Dept. of Economics; Edenhofer, Ottmar; Kalkuhl, Matthias [Potsdam-Institut fuer Klimafolgenforschung e.V., Potsdam (Germany)

    2010-11-15

    Economic sectors react strategically to climate policy, aiming at a re-distribution of rents. Established analysis suggests a Pigouvian emission tax as efficient instrument, but also recommends factor input or output taxes under specific conditions. However, existing studies leave it open whether output taxes, input taxes or input rationing perform better, and at best only touch their distributional consequences. When emissions correspond to extracted ressources, it is questionable whether taxes are effective at all. We determine the effectiveness, efficiency and functional income distribution for these instruments in the energy and resource sector, based on a game theoretic growth model with explicit factor markets and policy instruments. Market equilibrium depends on a government that acts as a Stackelberg leader with a climate protection goal. We find that resource taxes and cumulative resource quantity rationing achieve this objective efficiently. Energy taxation is only second best. Mitigation generates a substantial ''climate rent'' in the resource sector that can be converted to transfer incomes by taxes. (orig.)

  2. Energy, exergy, environmental and economic analysis of industrial fired heaters based on heat recovery and preheating techniques

    International Nuclear Information System (INIS)

    Shekarchian, M.; Zarifi, F.; Moghavvemi, M.; Motasemi, F.; Mahlia, T.M.I.

    2013-01-01

    Highlights: • 4-E analysis of a typical industrial grade fired heater unit is studied. • This analysis is accomplished for the first time in this study. • Heat recovery and air preheating lead to substantial reduction in the fuel consumption. • The company’s current costs are tremendously reduced by these methods. • The methods lead to mitigation in GHG emission and to reduction in the associated taxes. - Abstract: Fired heaters are ubiquitous in both the petroleum and petrochemical industries, due to it being vital in their day to day operations. They form major components in petroleum refineries, petrochemical facilities, and processing units. This study was commissioned in order to analyze the economic benefits of incorporating both heat recovery and air preheating methods into the existing fired heater units. Four fired heater units were analyzed from the energy and environmental point of views. Moreover, the second law efficiency and the rate of irreversibility were also analyzed via the exergy analysis. Both analyses was indicative of the fact that the heat recovery process enhances both the first and second law efficiencies while simultaneously assisting in the production of high and low pressure water steam. The implementation and usage of the process improves the thermal and exergy efficiencies from 63.4% to 71.7% and 49.4%, to 54.8%, respectively. Additionally, the heat recovery and air preheating methods leads to a substantial reduction in fuel consumption, in the realm of up to 7.4%, while also simultaneously decreasing heat loss and the irreversibility of the unit. Nevertheless, the results of the economic analysis posits that although utilizing an air preheater unit enhances the thermal performance of the system, due to the air preheater’s capital and maintenance costs, incorporating an air preheater unit to an existing fired heater is not economically justifiable. Furthermore, the results of the sensitivity analysis and payback period

  3. Alcohol policy and taxation in South Africa: an examination of the economic burden of alcohol tax.

    Science.gov (United States)

    Ataguba, John Ele-Ojo

    2012-01-01

    Alcohol consumption accounts for over 4% of the global burden of disease and an even higher figure in developing countries. Several policies have been proposed to curb the negative impact of alcohol misuse. Apart from South Africa, which has witnessed a rapid development in alcohol policy, such policies are poorly developed in most African countries. South Africa uses taxation as a policy lever, in line with international evidence, to reduce alcohol consumption. However, the problem of alcohol abuse still exists. The objective of this article is to present an analysis of alcohol tax incidence for the first time in South Africa. This was done for each category of alcohol tax (wines, spirits, beer and traditional brew [sorghum beer]) and for alcohol tax as a whole. The paper also uses the results to point to the areas where a greater understanding of the issues surrounding alcohol abuse needs to be developed. Data were drawn from the 2005/06 South African Income and Expenditure Survey. Reported expenditures on alcohol beverages were used to obtain the tax component paid by households. This was done under certain assumptions relating to alcohol content and the price per litre of alcohol. Per adult equivalent consumption expenditure was used as the measure of relative living standards and concentration curves and Kakwani indices to assess relative progressivity of alcohol taxes. Statistical dominance tests were also performed. Most sorghum beer and malt beer drinkers were in the poorer quintiles. The reverse was the case for wines and spirits. Overall, alcohol tax in South Africa was regressive (Kakwani index -0.353). The individual categories were found to be regressive. The most regressive tax was that on sorghum beer (Kakwani index -1.01); the least regressive was that on spirits (Kakwani index -0.09), although this was not statistically significant at conventional levels. These results were confirmed by the test of dominance. In South Africa, there has been a

  4. Economic Impacts of the 1997 EU Energy Tax: Simulations with Three EU-Wide Models

    International Nuclear Information System (INIS)

    Jansen, H.; Klaassen, G.

    2000-01-01

    In March 1997 the European Commission adopted a proposal that increases existing minimum levels of taxation on mineral oils by around 10 to 25% and introduces excises for other energy products. This paper analyses the macroeconomic impacts of the proposal. It employs three models: HERMES, GEM-E3, and E3ME. All models confirm that the proposal will have positive macroeconomic impacts when the tax revenues are used to reduce social security contributions paid by employers. For the EU as a whole, both GDP and employment are expected to be higher and CO2 emissions are 0.9 to 1.6 percent lower. The positive EU-wide effects can be observed in practically all member states. The sector impacts are modest, with the energy sector expected to face the most negative impacts. Differences between model results are due to the model type (general equilibrium or macro-econometric), the EU countries covered and the way tax exemptions were handled. Crucial assumptions to obtain the 'double dividend' are the modelling of the labour market and the impacts on EU external trade. The sensitivity of the results for the use of tax revenues, tax exemptions and tax rate increases is assessed. 21 refs

  5. Tax avoidance, tax evasion, and tax flight: Do legal differences matter?

    OpenAIRE

    Schneider, Friedrich; Kirchler, Erich; Maciejovsky, Boris

    2001-01-01

    Although from an economic point of view, legal considerations apart, tax avoidance, tax evasion and tax flight have similar effects, namely a reduction of revenue yields, and are based on the same desire to reduce the tax burden, it is likely that individuals perceive them as different and as unequally fair. Overall, 252 fiscal officers, business students, business lawyers, and entrepreneurs produced spontaneous associations to a scenario either describing tax avoidance, tax evasion, or tax f...

  6. Geography and recovery under the U.S. Endangered Species Act.

    Science.gov (United States)

    Carroll, Carlos; Vucetich, John A; Nelson, Michael P; Rohlf, Daniel J; Phillips, Michael K

    2010-04-01

    The U.S. Endangered Species Act (ESA) defines an endangered species as one "at risk of extinction throughout all or a significant portion of its range." The prevailing interpretation of this phrase, which focuses exclusively on the overall viability of listed species without regard to their geographic distribution, has led to development of listing and recovery criteria with fundamental conceptual, legal, and practical shortcomings. The ESA's concept of endangerment is broader than the biological concept of extinction risk in that the "esthetic, ecological, educational, historical, recreational, and scientific" values provided by species are not necessarily furthered by a species mere existence, but rather by a species presence across much of its former range. The concept of "significant portion of range" thus implies an additional geographic component to recovery that may enhance viability, but also offers independent benefits that Congress intended the act to achieve. Although the ESA differs from other major endangered-species protection laws because it acknowledges the distinct contribution of geography to recovery, it resembles the "representation, resiliency, and redundancy" conservation-planning framework commonly referenced in recovery plans. To address representation, listing and recovery standards should consider not only what proportion of its former range a species inhabits, but the types of habitats a species occupies and the ecological role it plays there. Recovery planning for formerly widely distributed species (e.g., the gray wolf [Canis lupus]) exemplifies how the geographic component implicit in the ESA's definition of endangerment should be considered in determining recovery goals through identification of ecologically significant types or niche variation within the extent of listed species, subspecies, or "distinct population segments." By linking listing and recovery standards to niche and ecosystem concepts, the concept of ecologically

  7. Recovery Act. Advanced Load Identification and Management for Buildings

    Energy Technology Data Exchange (ETDEWEB)

    Yang, Yi [Eaton Corporation, Menomonee Falls, WI (United States); Casey, Patrick [Eaton Corporation, Menomonee Falls, WI (United States); Du, Liang [Eaton Corporation, Menomonee Falls, WI (United States); He, Dawei [Eaton Corporation, Menomonee Falls, WI (United States)

    2014-02-12

    In response to the U.S. Department of Energy (DoE)’s goal of achieving market ready, net-zero energy residential and commercial buildings by 2020 and 2025, Eaton partnered with the Department of Energy’s National Renewable Energy Laboratory (NREL) and Georgia Institute of Technology to develop an intelligent load identification and management technology enabled by a novel “smart power strip” to provide critical intelligence and information to improve the capability and functionality of building load analysis and building power management systems. Buildings account for 41% of the energy consumption in the United States, significantly more than either transportation or industrial. Within the building sector, plug loads account for a significant portion of energy consumption. Plug load consumes 15-20% of building energy on average. As building managers implement aggressive energy conservation measures, the proportion of plug load energy can increase to as much as 50% of building energy leaving plug loads as the largest remaining single source of energy consumption. This project focused on addressing plug-in load control and management to further improve building energy efficiency accomplished through effective load identification. The execution of the project falls into the following three major aspects; An intelligent load modeling, identification and prediction technology was developed to automatically determine the type, energy consumption, power quality, operation status and performance status of plug-in loads, using electric waveforms at a power outlet level. This project demonstrated the effectiveness of the developed technology through a large set of plug-in loads measurements and testing; A novel “Smart Power Strip (SPS) / Receptacle” prototype was developed to act as a vehicle to demonstrate the feasibility of load identification technology as a low-cost, embedded solution; and Market environment for plug-in load control and management solutions

  8. Payments-in-lieu-of-taxes under the Nuclear Waste Policy Act

    International Nuclear Information System (INIS)

    Barth, M.C.

    1984-01-01

    The (PILOT) program that is provided for in the Nuclear Waste Policy Act (NWPA) of 1982 is discussed. Following a description of the Act's PILOT provisions, existing programs which may be relevant to designing a PILOT program under NWPA are reviewed. The final section of the paper presents a number of conceptual issues that may need to be addressed in considering such a program

  9. 75 FR 29584 - Notice of Lodging of Consent Decree Under the Resource Conservation and Recovery Act

    Science.gov (United States)

    2010-05-26

    ..., to obtain a permit under the Resource Conservation and Recovery Act (``RCRA'') for its ownership and... emissions from the TMW at the facility; perform trial and risk burns for the TMW to identify appropriate incinerator level and risk based operating and control parameters for the unit; file a notification and...

  10. Hanford Facility resource conservation and recovery act permit general inspection plan

    International Nuclear Information System (INIS)

    Beagles, D.B.

    1995-12-01

    The Hanford Facility Resource Conservation and Recovery Act Permit, General Inspection Requirements, includes a requirement that general facility inspections be conducted of the 100, 200 East, 200 West, 300, 400, and 1100 Areas and the banks of the Columbia River. This inspection plan describes the activities that shall be conducted for a general inspection of the Hanford Facility

  11. The Disappearing State Corporate Income Tax

    OpenAIRE

    Cornia, Gary; Edmiston, Kelly D.; Sjoquist, David L.; Wallace, Sally

    2005-01-01

    This paper examines alternative explanations for the decline over the past two decades in state corporate income taxes relative to the state economy. We employ a survey of state tax administrators, individual tax returns from Georgia and Utah, and panel data to explore the importance of tax policy, tax planning, and economic factors on the trend in state corporate taxes. We find that corporate tax planning and economic factors account for much of the relative decline, and that state tax polic...

  12. Export taxes and sectoral economic growth: evidence from cotton and yarn markets in Pakistan

    OpenAIRE

    Hudson, Darren; Ethridge, Don

    1999-01-01

    Pakistan used an export tax on raw cotton from 1988-1995 in order to suppress the internal price of cotton to benefit the domestic yarn industry. An analysis was conducted to estimate the impact of this policy on both the cotton and yarn sectors. These effects were simulated using the results of a structural econometric model of these sectors of Pakistan's economy. Results indicated that the export tax had a negative impact on the growth rate in the cotton sector, while having little or no im...

  13. Mandates, buyouts and fuel-tax rebates: Some economic aspects of biofuel policies using the UK as an example

    International Nuclear Information System (INIS)

    Swinbank, Alan; Tranter, Richard; Jones, Philip

    2011-01-01

    Many governments mandate the blending of biofuels with fossil fuel supplies. The paper raises the possibility that some firms might choose not to respect such mandates, and cites the UK's experience, where a buyout of the obligation is possible. A simple economic framework is then used to explore some implications of mandate buyouts, including situations when buyouts and road-fuel-tax rebates are applied together. Finally, it discusses the design of buyout-mandate schemes that could release raw materials from biofuel production, following a future world food price shock. - Research Highlights: → Many governments mandate the blending of biofuels with fossil fuels. → Some allow firms to buyout the obligation. → Buyouts change the economic incentives firms face. → We use an economic framework to analyse buyouts of biofuel mandates. → Buyouts could alleviate the impact of biofuel mandates on rising food prices.

  14. S.743: A bill entitled the National Energy Efficiency and Development Tax Act of 1991, introduced in the Senate of the United States, One Hundred Second Congress, First Session, March 21, 1991

    International Nuclear Information System (INIS)

    Anon.

    1991-01-01

    The bill would amend certain sections of the Internal Revenue Act to provide tax incentives for renewable energy production. Qualified technologies include solar thermal, photovoltaic, wind, geothermal (other than dry steam), and biomass. The bill would also limit exclusion from gross income for parking and allow exclusion for employer subsidies for mass transit and van pooling. A tax credit would be allowed for retrofitting of home oil heaters. The bill would allow exclusion from gross income for energy and water conservation subsidies provided by public utilities. The Safe and Efficient Vehicles Incentive Act of 1991 is included in this bill. The net income limitation on percentage depletion would not apply to oil and gas wells and a crude oil production credit would be available for maintaining economically marginal wells. There is a credit for crude oil and natural gas exploration and development and the intangible drilling costs would be removed from the Alternative Minimum Tax. Several other credits for the petroleum industry are described

  15. An Economic Recovery with Little Sign of Inflation Acceleration

    DEFF Research Database (Denmark)

    Hallett, Andrew Hughes

    This paper investigates the possibility that there has been a structural shift in inflation (upward) in the euro area since the recovery in 2014 or 2015. From the perspective of policy, it is important to be sure that any such shifts are significant statistically, sustained or likely to be sustai...

  16. Africa's 'Recovery': Economic Growth, Governance and Social Protest

    African Journals Online (AJOL)

    The reality behind the alleged recovery of Africa from the 2008/09 global financial meltdown, which has been well advertised by multilateral financial agencies, needs investigation, partly because the institutions' political agenda appears to be to further integrate the continent into a highly volatile world economy, as well as ...

  17. Untangling the causal relationship between tax burden distribution and economic growth in 23 OECD countries: Fresh evidence from linear and non-linear Granger causality

    Directory of Open Access Journals (Sweden)

    Sami Saafi

    2017-12-01

    Full Text Available The aim of the paper is to investigate the linear and nonlinear causality between a set of alternative tax burden ratios and economic growth in 23 OECD countries. To that end, the linear causality approach of Toda– Yamamoto (1995 and the nonparametric causality method of Kyrtsou and Labys (2006 are applied to annual data spanning from 1970 to 2014. Results obtained from the nonlinear causality test tend to reject the neutrality hypothesis for the tax structure–growth relationship in 19 of the 23 OECD countries. In the majority of the countries under investigation, the evidence is in line with the growth hypothesis where causality running from economic growth to tax burden ratios was detected in Australia, Denmark, Finland, Japan, New Zealand, and Norway. The opposite causality running from tax structure to economic growth was found in Germany, Netherlands, Portugal, and Sweden. In contrast, the neutrality hypothesis was supported in Austria, Italy, Luxembourg, and the USA, whereas the feedback hypothesis was supported in Turkey and the UK. Additional robustness checks show that when the signs of variations are taken into account, there is an asymmetric causality running from positive tax burden shocks to positive per capita GDP shocks for Belgium, France, and Turkey. Overall, our findings suggest that policy implications of the tax structure-economic growth relationships should be interpreted with caution, taking into account the test-dependent and country-specific results.

  18. 36. INVESTING IN RECOVERY – AN ECONOMIC AS WELL AS MORAL IMPERATIVE

    Science.gov (United States)

    McDaid, David

    2018-01-01

    Abstract Overall Abstract: ‘Recovery’ is a key concept in mental health policy around the globe. The World Health Organization has called for ‘a recovery-based approach that puts the emphasis on supporting individuals with mental disorders and psychosocial disabilities to achieve their own aspirations and goals’. Investing in evidence-based actions to help foster recovery should therefore be core to any system of support for anyone experiencing schizophrenia or other severe mental health problems. While there is clearly a moral imperative to maximise opportunities for recovery, the economic case for action can also be compelling and complementary. However, the opportunity to make an economic argument to support investment in recovery is not always taken, and even when made it is often too narrow in ambition and scope to have a major influence policy and practice. This presentation will highlight examples of the economic potential of recovery-focused services in health, employment, education and housing services. It will look at strengths and weaknesses in the way in which economic evidence is presented to policy makers, including the extent to which implementation challenges have been considered. It will argue that in making the economic case for recovery it is just as vital to look at the role of the messenger as well as the message that is being communicated.

  19. 27 Business Recovery Strategies in the Economic Crisis of ...

    African Journals Online (AJOL)

    User

    2012-01-24

    Jan 24, 2012 ... great depression 1929 that lasted for 43 months, the Asian economic collapse .... understand current situation and what the key drivers of performance have been and will be .... Academic Staff Union of Universities (ASUU).

  20. Malaysian Economic Crisis: Causes, Effects, Recovery Actions and Lessons Learned

    National Research Council Canada - National Science Library

    Hashim, Amir

    2000-01-01

    .... At the start of the crisis, Malaysia adopted a tight fiscal and monetary policy in response of the economic environment prevailing at that time it was obvious that the initial policy package resulted...

  1. Citizen Support for Northern Ohio Community College Funding Initiatives during an Economic Recession Recovery

    Science.gov (United States)

    Flores, Patricia

    2013-01-01

    The current research, "Citizen Support for Northern Ohio Community College Funding Initiatives during an Economic Recession Recovery", asks the question: Do the citizens of Northern Ohio support community college funding during difficult economic times? Based on the theory of Stakeholder Analysis, the purpose of this concurrent,…

  2. The potential for economic recovery of metals from the Sillamaee site

    International Nuclear Information System (INIS)

    Davis, G.A.

    2000-01-01

    Preliminary analysis indicates that there is the potential for economic recovery of lanthanum, scandium, niobium, and strontium metals from a small portion of the Sillamaee tailings pond. There are, however, many economic and technical uncertainties that need to be resolved before a more definitive statement can be made

  3. White Certificates for energy efficiency improvement with energy taxes: A theoretical economic model

    International Nuclear Information System (INIS)

    Oikonomou, Vlasis; Jepma, Catrinus; Becchis, Franco; Russolillo, Daniele

    2008-01-01

    In this paper we analyze interactions of two energy policy instruments, namely a White Certificates (WhC) scheme as an innovative policy instrument for energy efficiency improvement and energy taxation. These policy instruments differ in terms of objectives and final impacts on the price of electricity. We examine the effect of these policy instruments in the electricity sector, focusing on electricity producers and suppliers in a competitive market. Using microeconomic theory, we identify synergies between market players and demonstrate the total effect on the electricity price when suppliers internalize the behaviour of producers in their decisions. This model refers to an ideal market situation of full liberalization. The cases we examine consist of electricity producers with and without a carbon tax, electricity suppliers with and without an electricity tax, and with WhC obligations. Furthermore, we present a parallel implementation of WhC for electricity suppliers with carbon tax on electricity producers and an electricity tax with WhC obligations to electricity suppliers. We demonstrate differences in optimization behaviour of producers and suppliers. Based on a couple of cases of WhC with carbon and electricity taxes, various positive and negative effects of both schemes in terms of target achievement and efficiency are present, which can lead to an added value of such schemes in the policy mix, although uncertainties of outcomes are quite high. A basic finding is that in a merit order several parameters can increase final electricity price after the implementation of different policies: demand for electricity and electricity supply cost at a large scale and then follow the level of level of obligation for energy saving, level of penalty, and price of WhC (representing the marginal costs of energy saving projects). The impact magnitude of parameters depends on the values chosen and on the initial position of suppliers (i.e. if their actual behaviour deviates

  4. 75 FR 29569 - Recovery Policy RP9526.1, Hazard Mitigation Funding Under Section 406 (Stafford Act)

    Science.gov (United States)

    2010-05-26

    ...] Recovery Policy RP9526.1, Hazard Mitigation Funding Under Section 406 (Stafford Act) AGENCY: Federal... the final Recovery Policy RP9526.1, Hazard Mitigation Funding Under Section 406 (Stafford Act), which... mitigation discretionary funding available under Section 406 of the Robert T. Stafford Disaster Relief and...

  5. Modeling imbalanced economic recovery following a natural disaster using input-output analysis.

    Science.gov (United States)

    Li, Jun; Crawford-Brown, Douglas; Syddall, Mark; Guan, Dabo

    2013-10-01

    Input-output analysis is frequently used in studies of large-scale weather-related (e.g., Hurricanes and flooding) disruption of a regional economy. The economy after a sudden catastrophe shows a multitude of imbalances with respect to demand and production and may take months or years to recover. However, there is no consensus about how the economy recovers. This article presents a theoretical route map for imbalanced economic recovery called dynamic inequalities. Subsequently, it is applied to a hypothetical postdisaster economic scenario of flooding in London around the year 2020 to assess the influence of future shocks to a regional economy and suggest adaptation measures. Economic projections are produced by a macro econometric model and used as baseline conditions. The results suggest that London's economy would recover over approximately 70 months by applying a proportional rationing scheme under the assumption of initial 50% labor loss (with full recovery in six months), 40% initial loss to service sectors, and 10-30% initial loss to other sectors. The results also suggest that imbalance will be the norm during the postdisaster period of economic recovery even though balance may occur temporarily. Model sensitivity analysis suggests that a proportional rationing scheme may be an effective strategy to apply during postdisaster economic reconstruction, and that policies in transportation recovery and in health care are essential for effective postdisaster economic recovery. © 2013 Society for Risk Analysis.

  6. 26 CFR 31.6302(c)-1 - Use of Government depositories in connection with taxes under Federal Insurance Contributions Act...

    Science.gov (United States)

    2010-04-01

    ... Saturdays, Sundays, and Federal holidays. Example 1. For the eighth-monthly period April 1-3, 1991, Employer...) Exceptions—(1) Monthly returns. The provisions of this section are not applicable with respect to taxes for... SOURCE EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE Administrative Provisions of Special...

  7. Keeping up with the Cadillacs: What Health Insurance Disparities, Moral Hazard, and the Cadillac Tax Mean to The Patient Protection and Affordable Care Act.

    Science.gov (United States)

    Fletcher, Rebecca Adkins

    2016-03-01

    A major goal of The Patient Protection and Affordable Care Act is to broaden health care access through the extension of insurance coverage. However, little attention has been given to growing disparities in access to health care among the insured, as trends to reduce benefits and increase cost sharing (deductibles, co-pays) reduce affordability and access. Through a political economic perspective that critiques moral hazard, this article draws from ethnographic research with the United Steelworkers (USW) at a steel mill and the Retail, Wholesale and Department Store Union (RWDSU) at a food-processing plant in urban Central Appalachia. In so doing, this article describes difficulties of health care affordability on the eve of reform for differentially insured working families with employer-sponsored health insurance. Additionally, this article argues that the proposed Cadillac tax on high-cost health plans will increase problems with appropriate health care access and medical financial burden for many families. © 2014 by the American Anthropological Association.

  8. Designing a Successful Transportation Project: Lessons Learned from the Clean Cities American Recovery and Reinvestment Act Projects

    Energy Technology Data Exchange (ETDEWEB)

    Kelly, K.; Singer, M.

    2017-09-01

    The largest source of funding for alternative fuel vehicle and infrastructure projects in the U.S. Department of Energy's Clean Cities program's history came from the American Recovery and Reinvestment Act (Recovery Act). In 2009, the 25 cost-share projects totaled nearly $300 million in federal government investment. This effort included the involvement of 50 Clean Cities coalitions and their nearly 700 stakeholder partners who provided an additional $500 million in matching funds to support projects in their local communities. In total, those 25 projects established 1,380 alternative fueling stations and put more than 9,000 alternative fuel and advanced technology vehicles on the road. Together, these projects displaced 154 million gasoline gallon equivalents (GGE) of petroleum and averted 254,000 tons of greenhouse gas (GHG) emissions, while supporting U.S. energy independence and contributing to regional economic development. During post-project interviews, project leaders consistently cited a number of key components - ranging from technical and logistical factors, to administrative capabilities - for accomplishing an effective and impactful project. This report summarizes the high-level project design and administrative considerations for conducting a successful transportation project.

  9. Designing a Successful Transportation Project: Lessons Learned from the Clean Cities American Recovery and Reinvestment Act Projects

    Energy Technology Data Exchange (ETDEWEB)

    Kelly, Kay L. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Singer, Mark R. [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2017-09-28

    The largest source of funding for alternative fuel vehicle and infrastructure projects in the U.S. Department of Energy's Clean Cities program's history came from the American Recovery and Reinvestment Act (Recovery Act). In 2009, the 25 cost-share projects totaled nearly $300 million in federal government investment. This effort included the involvement of 50 Clean Cities coalitions and their nearly 700 stakeholder partners who provided an additional $500 million in matching funds to support projects in their local communities. In total, those 25 projects established 1,380 alternative fueling stations and put more than 9,000 alternative fuel and advanced technology vehicles on the road. Together, these projects displaced 154 million gasoline gallon equivalents (GGE) of petroleum and averted 254,000 tons of greenhouse gas (GHG) emissions, while supporting U.S. energy independence and contributing to regional economic development. During post-project interviews, project leaders consistently cited a number of key components - ranging from technical and logistical factors, to administrative capabilities - for accomplishing an effective and impactful project. This report summarizes the high-level project design and administrative considerations for conducting a successful transportation project.

  10. Materials and Fuels Complex Hazardous Waste Management Act/Resource Conservation and Recovery Act Storage and Treatment Permit Reapplication, Environmental Protection Agency Number ID4890008952

    Energy Technology Data Exchange (ETDEWEB)

    Holzemer, Michael J. [Idaho National Lab. (INL), Idaho Falls, ID (United States); Hart, Edward [Idaho National Lab. (INL), Idaho Falls, ID (United States)

    2015-04-01

    Hazardous Waste Management Act/Resource Conservation and Recovery Act Storage and Treatment Permit Reapplication for the Idaho National Laboratory Materials and Fuels Complex Hazardous Waste Management Act/Resource Conservation and Recovery Act Partial Permit, PER-116. This Permit Reapplication is required by the PER-116 Permit Conditions I.G. and I.H., and must be submitted to the Idaho Department of Environmental Quality in accordance with IDAPA 58.01.05.012 [40 CFR §§ 270.10 and 270.13 through 270.29].

  11. Tax Havens, Growth, and Welfare

    OpenAIRE

    Chu, Hsun; Lai, Ching-Chong; Cheng, Chu-Chuan

    2013-01-01

    This paper develops an endogenous growth model featuring tax havens, and uses it to examine how the existence of tax havens affects the economic growth rate and social welfare in high-tax countries. We show that the presence of tax havens generates two conflicting channels in determining the growth effect. First, the public investment effect states that tax havens may erode tax revenues and in turn decrease the government’s infrastructure expenditure, thereby reducing growth. Second, the t...

  12. Mapping Tax Compliance

    DEFF Research Database (Denmark)

    Boll, Karen

    2014-01-01

    Tax compliance denotes the act of reporting and paying taxes in accordance with the tax laws. Current social science scholarship on tax compliance can almost entirely be divided into behavioural psychology analyses and critical tax studies. This article, which presents two cases of how tax...... compliance is constructed, challenges the explanatory reaches of today's social science approaches, arguing that an alternative approach to understanding tax compliance is worthwhile exploring. This other choice of approach, inspired by actor–network theory (ANT), adopts a more practice-oriented focus...... that studies tax compliance where it takes place as well as what it is made of. Consequently, this article argues that tax compliance is a socio-material assemblage and that complying is a distributed action. The article concludes by highlighting how an ANT approach contributes to the further theoretical...

  13. Vegetation and moisture performance on a Resource Conservation and Recovery Act-equivalent landfill cap at the Hanford site

    International Nuclear Information System (INIS)

    Kemp, C.J.; Sackschewsky, M.R.

    1997-03-01

    Landfills, as defined under the Resource Conservation and Recovery Act of 1976 (RCRA) can receive waste materials from commercial and industrial operations, residences, and other sources. Sanitary landfills that are used to dispose of solid waste require a landfill cover that meets RCRA requirements to prevent leaching of water through buried wastes and to isolate the waste for a period of 30 years. The purpose of a RCRA landfill cover is to 'protect public health, to prevent land, air, and water pollution, and conserve the state's natural, economic, and energy resources' (Washington Administrative Code [WAC] 173-304). The hypothesis of this study were as follows: (1) amending soil nitrogen would enhance perennial grass biomass; (2) the amount of biomass produced by commercially-available wheatgrass species would be similar to bluebunch wheatgrass; and (3) the vegetative biomass, as required by WAC-173-304, would not be produced in a semiarid climate

  14. 76 FR 51397 - Notice of Lodging of Settlement Agreement Under the Resource Conservation and Recovery Act and...

    Science.gov (United States)

    2011-08-18

    ... DEPARTMENT OF JUSTICE Notice of Lodging of Settlement Agreement Under the Resource Conservation and Recovery Act and the Emergency Planning and Community Right-to-Know Act Notice is hereby given... Planning and Community Right-to-Know Act (``EPCRA''), 42 U.S.C. 11001, et seq. The Complaint alleges that...

  15. The New Tax Credits: How Much Will They Offset Higher Student Fees in California? Report 09-22

    Science.gov (United States)

    Jones, Jessika

    2009-01-01

    The American Recovery and Reinvestment Act (ARRA) significantly increases federal tax credits for people who pay for college education. For many families, these tax credits will offset most of the recent fee increases at University of California (UC), California State University (CSU), and the community colleges. Some students will likely be…

  16. Environmental and economic results achieved by Cornare in implementing the remunerative tax in eastern Antioquia 1997 - 2005

    International Nuclear Information System (INIS)

    Quintero V, John Fredy

    2008-01-01

    A summary of the development was carried out that has had since 1995 and even the 2005 the program of remunerative tax executed by CORNARE, in which the environmental management in the process of implementation is visualized, evolution and environmental as economic results, through the reduction of the load contaminant poured to the superficial water sources in terms of DBO 5 and SST, like in the destination of the resources obtained by this tax that elevate to the 11.600 million pesos in the period evaluated, and that in their great majority they were destined to finance jointly projects of saneamiento basic municipal. It will be able to be observed how in the private sector better results in the reduction of the polluting load have been had, whereas the policeman represents the greater load generated and spilled without treatment, in special the municipalities or regions with population and absence of PTAR, as they are some from the pertaining ones to the river basin of the Negro River. In general, comparing the year of 1997 with the 2005, was relative a semester reduction of polluting load for all the region of CORNARE of 24% for DBO 5 and 35% for SST

  17. Tax Evasion in a Model of Endogenous Growth

    OpenAIRE

    Been-Lon Chen

    2003-01-01

    This paper integrates tax evasion into a standard AK growth model with public capital. In the model, the government optimizes the tax rate, while individuals optimize tax evasion. It studies tax rate, tax evasion and economic growth, and compares them with otherwise identical economies except those without tax evasion. It inquires into the effects of three government policies on tax rate, tax evasion, and economic growth. It finds that an increase in both unit cost of tax evasion and punishme...

  18. Does a Progressive PIT Stabilize the Economy? A Comparison of Progressive and Flat Taxes

    Directory of Open Access Journals (Sweden)

    Krajewski Piotr

    2017-03-01

    Full Text Available The aim of the article is to examine the impact of progressive personal income tax rates and the effectiveness of this tax as an automatic economic stabilizer. The assessment of automatic stabilizers is based on the estimates of tax cyclical components. The study shows that the output elasticity of PIT is higher than one, which means that the analysed tax acts relatively efficiently as an automatic stabilizer. However, it was also observed that the tax progressivity is not the main reason of the effectiveness of a progressive PIT as an automatic stabilizer. The study shows that changes in progressive rates of PIT, contrary to widespread opinions, have little effect on the effectiveness of passive fiscal policy. Personal income tax acts as automatic stabilizer mostly due not to the progressive tax rates, but because of the sensitivity of employment to GDP fluctuations.

  19. Carbon taxes: Their benefits, liabilities

    International Nuclear Information System (INIS)

    Kaufmann, R.K.; Thompson, L.L.J.

    1993-01-01

    A carbon tax holds much promise for helping to reduce global greenhouse gas emissions, but administration will be a problem. Non-compliance, tilting the economic scales in favor of one energy source at the expense of another, and questions of equity between and within nations all must be addressed if the market-based efficiencies of a carbon tax are to become a concrete global reality. This article discusses carbon taxes in the following topic areas: how to set the rates for carbon taxes; administering the tax; international cooperation; type or form of tax; tax adjustments in existing taxes

  20. Regional decision-making and competitive funding : metropolitan planning organizations and the transportation investments generating economic recovery program.

    Science.gov (United States)

    2014-08-01

    Transportation benefits and economic stimulus were behind the creation of the Transportation Investment Generating Economic Recovery (TIGER) program in 2009. New transportation funding programs exist in a landscape of other programs, and in addition ...

  1. Agreement of the silent partnership – tax and legal consequences of its conclusion and execution

    Directory of Open Access Journals (Sweden)

    Monika Zieniewicz

    2016-12-01

    Full Text Available The institution of the silent partnership is not currently regulated by any legal act in the Polish legal system, although its importance in practice is not in doubt. As every action made in the economic sphere and economic execution of the contract is associated with specific effects on the basis of the tax laws. However, due to the lack of statutory regulation of the institution of silent partnership problematic is the question of determining the effects of tax legislation. Therefore, special attention is needed to determine the issue of these effects on the basis of income tax, tax on goods and services, transfer tax and the tax on inheritance and donations, as well as the question of liability for the tax liabilities of the silent partnership.

  2. Techno-economic analysis and optimization of the heat recovery of utility boiler flue gas

    International Nuclear Information System (INIS)

    Xu, Gang; Huang, Shengwei; Yang, Yongping; Wu, Ying; Zhang, Kai; Xu, Cheng

    2013-01-01

    Highlights: • Four typical flue gas heat recovery schemes are quantitatively analyzed. • The analysis considers thermodynamic, heat transfer and hydrodynamics factors. • Techno-economic analysis and optimization design are carried out. • High-stage steam substitute scheme obtains better energy-saving effect. • Large heat transfer area and high flue gas resistances weaken overall performance. - Abstract: Coal-fired power plants in China consume nearly half of available coals, and the resulting CO 2 emissions cover over 40% of total national emissions. Therefore, reducing the energy expenditure of coal-fired power plants is of great significance to China’s energy security and greenhouse gas reduction programs. For coal-fired power plants, the temperature of a boiler’s exhaust gas reaches 120–150 °C or even higher. The thermal energy of boiler’s exhaust accounts for approximately 3–8% of the total energy of fuel input. Given these factors, we conducted a techno-economic analysis and optimization design of the heat recovery system using boiler exhaust gas. This research is conformed to the principles of thermodynamic, heat transfer, and hydrodynamics. Based on the data from an existing 1000 MW typical power generation unit in China, four typical flue gas heat recovery schemes are quantitatively analyzed from the thermodynamics perspective. The impacts of flue gas heat recovery on net work output and standard coal consumption rate of various schemes are performed. Furthermore, the transfer area of heat recovery exchanger and the draft fan work increment due to the flue gas pressure drop are analyzed. Finally, a techno-economic analysis of the heat recovery schemes is conducted, and some recommendations on optimization design parameters are proposed, with full consideration of various factors such as the decrease on fuel cost due to energy conservation as well as the investment cost of heat recovery retrofitting. The results revealed that, high

  3. American Recovery and Reinvestment Act: North Fork Skokomish Powerhouse at Cushman No. 2 Dam

    Energy Technology Data Exchange (ETDEWEB)

    Fischer, Steve [DBA Tacoma Power, WA (United States); McCarty, Patrick [DBA Tacoma Power, WA (United States)

    2013-09-30

    The objective of this project was to add generating capacity on an in-stream flow release at Tacoma Power's Cushman hydroelectric project, Cushman No. 2 Dam, FERC Project P-460. The flow that is being used to generate additional electricity was being discharged from a valve at the base of the dam without recovery of the energy. A second objective to the project was to incorporate upstream fish passage by use of a fish collection structure attached to the draft tubes of the hydroelectric units. This will enable reintroduction of native anadromous fish above the dams which have blocked fish passage since the late 1920's. The project was funded in part by the American Recovery and Reinvestment Act through the Department of Energy, Office of Energy, Efficiency and Renewable Energy, Wind and Water Power Program.

  4. Savannah River Site Footprint Reduction Results under the American Recovery and Reinvestment Act - 13302

    Energy Technology Data Exchange (ETDEWEB)

    Flora, Mary [Savannah River Nuclear Solutions Bldg. 730-4B, Aiken, SC 29808 (United States); Adams, Angelia [United States Department of Energy Bldg. 730-B, Aiken, SC 29808 (United States); Pope, Robert [United States Environmental Protection Agency Region IV Atlanta, GA 30303 (United States)

    2013-07-01

    The Savannah River Site (SRS) is an 802 square-kilometer United States Department of Energy (US DOE) nuclear facility located along the Savannah River near Aiken, South Carolina, managed and operated by Savannah River Nuclear Solutions. Construction of SRS began in the early 1950's to enhance the nation's nuclear weapons capability. Nuclear weapons material production began in the early 1950's, eventually utilizing five production reactors constructed to support the national defense mission. Past operations have resulted in releases of hazardous constituents and substances to soil and groundwater, resulting in 515 waste sites with contamination exceeding regulatory thresholds. More than 1,000 facilities were constructed onsite with approximately 300 of them considered radiological, nuclear or industrial in nature. In 2003, SRS entered into a Memorandum of Agreement with its regulators to accelerate the cleanup using an Area Completion strategy. The strategy was designed to focus cleanup efforts on the 14 large industrial areas of the site to realize efficiencies of scale in the characterization, assessment, and remediation activities. This strategy focuses on addressing the contaminated surface units and the vadose zone and addressing groundwater plumes subsequently. This approach streamlines characterization and remediation efforts as well as the required regulatory documentation, while enhancing the ability to make large-scale cleanup decisions. In February 2009, Congress approved the American Reinvestment and Recovery Act (ARRA) to create jobs and promote economic recovery. At SRS, ARRA funding was established in part to accelerate the completion of environmental remediation and facility deactivation and decommissioning (D and D). By late 2012, SRS achieved 85 percent footprint reduction utilizing ARRA funding by accelerating and coupling waste unit remediation with D and D of remnant facilities. Facility D and D activities were sequenced and

  5. Short-run Economic Assessment of the Transportation Recovery Policy After an Earthquake

    Directory of Open Access Journals (Sweden)

    Koike Atsushi

    2017-01-01

    Full Text Available This paper develops a short-run economic damage assessment model. The model contains two sub models. One is the conventional traffic assignment model, which calculates traveling time under the damaged transportation infrastructure. The other is the economic damage assessment model, which determines the decrease in production level in the short run. This method facilitates the identification of critical infrastructure that could reduce the economic damage when the disaster occurs. As a case study, we applied this model to several recovery plans for transport facilities. The results suggest that the proposed comprehensive model should be considered as a prevention plan.

  6. 76 FR 72449 - Notice of Buy American Waiver Under the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2011-11-23

    ... manufactured goods used in and incorporated into a project funded through the Academic Research Infrastructure... iron, steel, and manufactured goods used in and incorporated into a project funded through the Academic... Recovery Act projects funded by the Academic Research Infrastructure--Recovery and Reinvestment Program...

  7. Phosphorus recovery from municipal wastewater: An integrated comparative technological, environmental and economic assessment of P recovery technologies.

    Science.gov (United States)

    Egle, L; Rechberger, H; Krampe, J; Zessner, M

    2016-11-15

    Phosphorus (P) is an essential and limited resource. Municipal wastewater is a promising source of P via reuse and could be used to replace P derived from phosphate rocks. The agricultural use of sewage sludge is restricted by legislation or is not practiced in several European countries due to environmental risks posed by organic micropollutants and pathogens. Several technologies have been developed in recent years to recover wastewater P. However, these technologies target different P-containing flows in wastewater treatment plants (effluent, digester supernatant, sewage sludge, and sewage sludge ash), use diverse engineering approaches and differ greatly with respect to P recycling rate, potential of removing or destroying pollutants, product quality, environmental impact and cost. This work compares 19 relevant P recovery technologies by considering their relationships with existing wastewater and sludge treatment systems. A combination of different methods, such as material flow analysis, damage units, reference soil method, annuity method, integrated cost calculation and a literature study on solubility, fertilizing effects and handling of recovered materials, is used to evaluate the different technologies with respect to technical, ecological and economic aspects. With regard to the manifold origins of data an uncertainty concept considering validity of data sources is applied. This analysis revealed that recovery from flows with dissolved P produces clean and plant-available materials. These techniques may even be beneficial from economic and technical perspectives under specific circumstances. However, the recovery rates (a maximum of 25%) relative to the wastewater treatment plant influent are relatively low. The approaches that recover P from sewage sludge apply complex technologies and generally achieve effective removal of heavy metals at moderate recovery rates (~40-50% relative to the WWTP input) and comparatively high costs. Sewage sludge ash is

  8. Advertising’s Elusive Economic Rationale: is there a case for limiting tax relief?

    OpenAIRE

    Driver, Ciaran

    2015-01-01

    Advertising and its effects have been debated for well over a century. In the last few decades a generally sceptical view of the benefits of advertising has been overturned by a series of academic advances in economics that detail a variety of ways in which advertising may affect the economy and society. This academic work has however been paralleled by a growing popular and political opposition to advertising and its social effects. In this article, the positive economic case for advertising...

  9. 26 CFR 31.3221-4 - Exception from supplemental tax.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Exception from supplemental tax. 31.3221-4...) EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE Railroad Retirement Tax Act (Chapter 22, Internal Revenue Code of 1954) Tax on Employers § 31.3221...

  10. 26 CFR 31.3211-3 - Employee representative supplemental tax.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Employee representative supplemental tax. 31... (CONTINUED) EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE Railroad Retirement Tax Act (Chapter 22, Internal Revenue Code of 1954) Tax on Employee...

  11. 26 CFR 31.3221-1 - Measure of employer tax.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Measure of employer tax. 31.3221-1 Section 31... TAXES AND COLLECTION OF INCOME TAX AT SOURCE EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE Railroad Retirement Tax Act (Chapter 22, Internal Revenue Code of 1954) Tax on Employers § 31.3221-1...

  12. 26 CFR 31.3201-1 - Measure of employee tax.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Measure of employee tax. 31.3201-1 Section 31... TAXES AND COLLECTION OF INCOME TAX AT SOURCE EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE Railroad Retirement Tax Act (Chapter 22, Internal Revenue Code of 1954) Tax on Employees § 31.3201-1...

  13. Causes and consequences of the Spanish economic crisis: Why the recovery is taken so long?

    Directory of Open Access Journals (Sweden)

    Carballo-Cruz Francisco

    2011-01-01

    Full Text Available Spain is currently facing its worst crisis in the last fifty years. The crisis began as an extension of the international financial crisis, but the internal imbalances accumulated in the pre-crisis period aggravated the situation. At present their incomplete adjustment is making difficult the economic recovery. This paper describes the evolution of the economic crisis in Spain. The real estate sector and the banking sector are analyzed in detail, as they played a key role in the detonation and the deepening of the crisis. The results of the main reforms carried out so far are also carefully examined. It also discusses the main factors that have delayed the economic recovery up to now (unemployment and indebtedness, and present some alternatives to define an exit strategy.

  14. Heat Transfer Reactor Experiment (HTRE)-3 Container Storage Unit Resource Conservation Recovery Act closure plan

    International Nuclear Information System (INIS)

    Spry, M.J.

    1992-11-01

    This document describes the closure of the HTRE-3 Container Storage Unit under the requirements of the Resource Conservation and Recovery Act. The unit's location, size, history, and current status are described. The document also summarizes the decontamination and decommissioning efforts performed in 1983 and provides an estimate of,waste residues remaining in the HTRE-3 assembly. A risk evaluation was performed that demonstrates that the residue does not pose a hazard to public health or the environment. Based on the risk evaluation, it is proposed that the HTRE-3 Container Storage Unit be closed in its present condition, without further decontamination or removal activities

  15. Resource Conservation and Recovery Act (RCRA) closure sumamry for the Uranium Treatment Unit

    International Nuclear Information System (INIS)

    1996-05-01

    This closure summary has been prepared for the Uranium Treatment Unit (UTU) located at the Y-12 Plant in Oak Ridge, Tennessee. The actions required to achieve closure of the UTU area are outlined in the Closure Plan, submitted to and approved by the Tennessee Department of Environmental and Conservation staff, respectively. The UTU was used to store and treat waste materials that are regulated by the Resource Conservation and Recovery Act. This closure summary details all steps that were performed to close the UTU in accordance with the approved plan

  16. The Industry – a Vulnerable Source of Economic Recovery in Romania

    Directory of Open Access Journals (Sweden)

    Anca DACHIN

    2012-01-01

    Full Text Available In a globalized world the exogenous shocks and related instabilities of economic variables have negative effects on the economic growth of each country. Increased sensitivity to shocks shows higher economic vulnerability and the persistence of its factors and features reveal structural deficiencies of the economy. Industry is a category of resource with a decreasing share in GDP in the European Union in the past decades, but still gives the first signs of slowdown in activity before crisis. The industrial production in Romania had a fast recovery among the EU Member States in 2011 based on the increase of the external demand. The paper focuses on the exposure of the Romanian industry to further economic instability by using an empirical analysis of short-term statistics. Since a high share of the Romanian industrial exports are EU oriented, the commercial channel is an important factor that may affect the post-crisis economic growth if the structural vulnerability does not decrease.

  17. The impact of cost recovery on electric utilities' Clean Air Act compliance strategies

    International Nuclear Information System (INIS)

    Bensinger, D.L.

    1993-01-01

    By 1995, over 200 electric power plant units in twenty one states must comply with Phase I of the acid rain requirements in Title IV of the 1990 Clean Air Act Amendments (CAAA). By the year 2000, an additional 2200 units must comply with the Title IV. Compliance costs are expected to necessitate significant electricity rate increases. In order to recover their compliance costs, utilities must file rate increase requests with state public utility commissions (PUC's), and undergo a rate proceeding involving public heatings. Because of the magnitude of cost and the complexity of compliance options, including interaction with Titles I and III of the CAAA, extensive PUC reviews of compliance strategies are likely. These reviews could become as adversarial as the nuclear prudence reviews of the 1980's. A lack of understanding of air pollution and the CAA by much of the general public and the flexibility of compliance options creates an environment conducive to adverse public reaction to the cost of complying with the Clean Air Act. Public attitudes toward pollution control technologies will be greatly affected by these hearings, and the early plant hearings will shape the utility rate making process under the Clean Air Act. Inadequate cost recovery due to constrained compliance strategies or adverse hearings could significantly inhibit industry willingness to invest in certain control technologies or advanced combustion technologies. There are already signs that Clean Air Act compliance will be the prudence issue of the 1990's for utilities, even where state statutes mandate particular compliance approaches. Specific actions should be undertaken now by the utility industry to improve the probability of sound cost recovery decisions, preserve compliance options, including multimedia strategies, and avoid the social- and cost-acceptance problems of nuclear power

  18. Tax havens: Features, operations and solving tax evasion problems

    OpenAIRE

    Obradović-Ćuk, Jelena; Mitić, Petar; Dinić, Vladimir

    2016-01-01

    Tax haven offers minimal or no tax liability to foreign individuals and enterprises in economically and politically stable environment, where little or no financial information is shared with foreign tax authorities. The aim of this research is to create a comprehensive overview of the characteristics and operations of tax havens, as well as to point out to the ways to overcome the problem of tax evasion. The methodology used in the work is characteristic of social science research: analysis,...

  19. Corporate income tax

    OpenAIRE

    Popová, Barbora

    2014-01-01

    1 RESUMÉ Corporate Income Tax The aim of this diploma thesis on "Corporate Income Tax" is to outline the current legal background of the corporate income tax and asses and evaluate the most substantial changes regarding the Act no. 586/1992 Coll., Income Tax Act, as amended that have become effective as of January 1, 2014. The changes discussed in this thesis include especially, but are not limited to, the changes adopted in connection with the recodification of Czech Civil Law. This thesis c...

  20. The economics of recovery after pancreatic surgery: detailed cost minimization analysis of an enhanced recovery program.

    Science.gov (United States)

    Kagedan, Daniel J; Devitt, Katharine S; Tremblay St-Germain, Amélie; Ramjaun, Aliya; Cleary, Sean P; Wei, Alice C

    2017-11-01

    Clinical pathways (CPW) are considered safe and effective at decreasing postoperative length of stay (LoS), but the effect on economic costs is uncertain. This study sought to elucidate the effect of a CPW on direct hospitalization costs for patients undergoing pancreaticoduodenectomy (PD). A CPW for PD patients at a single Canadian institution was implemented. Outcomes included LoS, 30-day readmissions, and direct costs of hospital care. A retrospective cost minimization analysis compared patients undergoing PD prior to and following CPW implementation, using a bootstrapped t test and deviation-based cost modeling. 121 patients undergoing PD after CPW implementation were compared to 74 controls. Index LoS was decreased following CPW implementation (9 vs. 11 days, p = 0.005), as was total LoS (10 vs. 11 days, p = 0.003). The mean total cost of postoperative hospitalization per patient decreased in the CPW group ($15,678.45 CAD vs. $25,732.85 CAD, p = 0.024), as was the mean 30-day cost including readmissions ($16,627.15 CAD vs. $29,872.72 CAD, p = 0.016). Areas of significant cost savings included laboratory tests and imaging investigations. CPWs may generate cost savings by reducing unnecessary investigations, and improve quality of care through process standardization and decreasing practice variation. Copyright © 2017 International Hepato-Pancreato-Biliary Association Inc. Published by Elsevier Ltd. All rights reserved.

  1. 26 CFR 7.57(d)-1 - Election with respect to straight line recovery of intangibles.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 14 2010-04-01 2010-04-01 false Election with respect to straight line recovery... ACT OF 1976 § 7.57(d)-1 Election with respect to straight line recovery of intangibles. (a) Purpose... Tax Reform Act of 1976. Under this election taxpayers may use cost depletion to compute straight line...

  2. Entropy Maximization as a Basis for Information Recovery in Dynamic Economic Behavioral Systems

    Directory of Open Access Journals (Sweden)

    George Judge

    2015-02-01

    Full Text Available As a basis for information recovery in open dynamic microeconomic systems, we emphasize the connection between adaptive intelligent behavior, causal entropy maximization and self-organized equilibrium seeking behavior. This entropy-based causal adaptive behavior framework permits the use of information-theoretic methods as a solution basis for the resulting pure and stochastic inverse economic-econometric problems. We cast the information recovery problem in the form of a binary network and suggest information-theoretic methods to recover estimates of the unknown binary behavioral parameters without explicitly sampling the configuration-arrangement of the sample space.

  3. Payments-Equal-To-Taxes (PETT): An interpretation of Sections 116(c) (3) and 118(b) (4) of the Nuclear Waste Policy Act of 1982, as amended

    International Nuclear Information System (INIS)

    Benson, A.; Moore, W.E.; Lesko, R.

    1991-01-01

    The Payments-Equal-To-Taxes (PETT) program breaks new ground in government interaction by creating a tax-like transfer of funds from the federal government to states and local government. The PETT program is one of the financial assistance provisions of the Nuclear Waste Policy Act of 1982, as amended [42 U.S.C. 10101, et seq.] (NWPAA). The NWPAA charges the US DOE with, among other things, the responsibility for investigation of potential sites and for licensing, constructing, and operating a repository for high-level radioactive waste and spent fuel and an MRS facility. The NWPAA also called for financial assistance to the jurisdictions in which the repository and MRS facility are to be located. One of the financial impacts to the jurisdictions would be loss of tax revenue since the Supremacy clause of the Constitution prohibits jurisdictions from taxing the federal government. The objective of the PETT program is to provide payments that will offset this loss. Since the NWPAA authorizes continued site characterization activities only in the state of Nevada, the focus of this paper will be on the PETT program in Nevada. However, the information presented here generally applied to implementation of the program in other states where site characterization activities have been conducted

  4. The Economics of Brazil's Ethanol-Sugar Markets, Mandates, and Tax Exemptions

    NARCIS (Netherlands)

    Drabik, D.; Gorter, de H.; Just, D.R.; Timilsina, G.R.

    2015-01-01

    Sugarcane in Brazil is processed into sugar and/or ethanol, often in flex plants that can switch between the two products. We develop an economic model of flex plants, export demands, and two domestic fuel demand curves for a blend of ethanol with gasoline consumed by conventional cars, and ethanol

  5. Linking Hospital and Tax data to support research on the economic impacts of hospitalization

    Directory of Open Access Journals (Sweden)

    Claudia Sanmartin

    2017-04-01

    This project has created a unique linked database that will support research on the economic consequences of ‘health shocks’ for individuals and their families, and the implications for income, labour and health policies. This database represents a new and unique resource that will fill an important national data gap, and enable a wide range of relevant research.

  6. Tax competition and tax harmonization in the European Union

    Directory of Open Access Journals (Sweden)

    Danuše Nerudová

    2004-01-01

    Full Text Available The article deals with the problems of tax competition and harmonization within the European Union. It reveals the single difficulties connected with harmonization, identifies the problems arising from tax competition and points out the harmful tax competition as well. Single compulsory harmonized tax base in connection with prevailing tax competition in the area of tax rates is the suggested solution in the scope of direct taxation. As the solution in the area of indirect taxation could serve the introduction of “principle of origin”. This would cause remarkable administrative costs decrease not only for economic subjects but for tax authorities as well.

  7. Minimum Wage and Maximum Hours Standards Under the Fair Labor Standards Act. Economic Effects Studies.

    Science.gov (United States)

    Wage and Labor Standards Administration (DOL), Washington, DC.

    This report describes the 1966 amendments to the Fair Labor Standards Act and summarizes the findings of three 1969 studies of the economic effects of these amendments. The studies found that economic growth continued through the third phase of the amendments, beginning February 1, 1969, despite increased wage and hours restrictions for recently…

  8. Effects of labour migration on economic development during economic downturn and recovery

    Directory of Open Access Journals (Sweden)

    Milan Palát

    2012-01-01

    Full Text Available International labour migration is mainly promoted by economic interests. This paper focuses on the period before and after the economic crisis and puts together important facts regarding motivation to labour migration and provides explanations of its causes and impacts on the macroeconomic level. The economic explanation why is migration so severely restricted is that migration policies are essentially distributive tools, aiming at reducing negative effects of migration on wages and unemployment among natives and moreover, we may stress out the gradualist tendencies of migration and such migration restrictions can mitigate supply-side shocks that may negatively affect incomes or jobs of some specific groups. A partial objective of the practical part of the paper is to evaluate relationships between the rate of migration and selected economic indicators using adequate quantitative methods. While the correlation between the crude rate of net migration and the GDP per capita is very low, the existence of correlation between the crude rate of net migration and the unemployment rate is evident in the most of analysed countries. Statistical insignificance of correlation indices in some countries can be then attributed to structural problems of those economies.

  9. Who Pays the Gasoline Tax?

    OpenAIRE

    Chernick, Howard; Reschovsky, Andrew

    1997-01-01

    Analyzes panel data over 11 years (both backward from 1982 and forward from 1982) to determine the average gasoline tax burden. Considers links between economic mobility, gasoline consumption, and excise tax increases.

  10. Taxation of Outbound Direct Investment: Economic Principles and Tax Policy Considerations

    OpenAIRE

    Michael P Devereux

    2008-01-01

    This paper reviews economic principles for optimality of the taxation of international profit, from both a global and national perspective. It argues that for traditional systems based on the residence of the investor or the source of the income, nothing less than full harmonization across countries can achieve global optimality. The conditions for national optimality are more difficult to identify, but are most likely to imply source-based taxation. However, source-based taxation requires an...

  11. Tax evasion and the law in Nigeria

    Directory of Open Access Journals (Sweden)

    Enya Matthew Nwocha

    2017-12-01

    Full Text Available This paper has dealt with the incidence of tax evasion and how the law in Nigeria has tackled the problem. It came against the background of massive tax evasion in the country which has resulted in the loss of needed revenue for development. Most individuals eligible to pay tax are not usually amenable to doing so willingly thereby resulting in tax evasion and tax avoidance. Neglect or refusal to pay tax invariably attracts various ranges of punishment. All of these issues have been discussed in this paper under introduction, conceptual framework, grounds for imposition of tax, statutory provisions on tax evasion, reasons for and implications of tax evasion, recommendations and conclusion. The paper in discussing the subject has focused on the principal tax legislations in the country, namely, the Personal Income Tax Act, Companies Income Tax Act, and the Federal Inland Revenue Service Act.

  12. Assessment of a progressive electricity tax

    International Nuclear Information System (INIS)

    2000-01-01

    Progressive electricity tax implies that the tax rate increases with consumption so that the tax paid per kWh consumed increases when the consumption increases beyond a certain level. This elucidation discusses principal and practical aspects of such a tax. It is advised against the establishment of a progressive electricity tax. The objections are of principal, economical and administrative character

  13. Assessing the impact of the U.S. Endangered Species Act recovery planning guidelines on managing threats for listed species.

    Science.gov (United States)

    Troyer, Caitlin M; Gerber, Leah R

    2015-10-01

    The Endangered Species Act (ESA) of the United States was enacted in 1973 to prevent the extinction of species. Recovery plans, required by 1988 amendments to the ESA, play an important role in organizing these efforts to protect and recover species. To improve the use of science in the recovery planning process, the Society for Conservation Biology (SCB) commissioned an independent review of endangered species recovery planning in 1999. From these findings, the SCB made key recommendations for how management agencies could improve the recovery planning process, after which the U.S. Fish and Wildlife Service and the National Marine Fisheries Service redrafted their recovery planning guidelines. One important recommendation called for recovery plans to make threats a primary focus, including organizing and prioritizing recovery tasks for threat abatement. We sought to determine the extent to which results from the SCB study were incorporated into these new guidelines and whether the SCB recommendations regarding threats manifested in recovery plans written under the new guidelines. Recovery planning guidelines generally incorporated the SCB recommendations, including those for managing threats. However, although recent recovery plans have improved in their treatment of threats, many fail to adequately incorporate threat monitoring. This failure suggests that developing clear guidelines for monitoring should be an important priority in improving ESA recovery planning. © 2015 Society for Conservation Biology.

  14. Practical model for economic optimization of a heat recovery plate heat exchanger and its examination

    Energy Technology Data Exchange (ETDEWEB)

    Lepach, T.; Marttila, E.; Hammo, S.

    1997-12-31

    This report presents a practical model for designers whose job it is to dimension a plate heat exchanger used especially in heat recovery systems for ventilation. Special attention was given to the economic optimization of such a unit. The first part of the report presents the most important types of heat exchangers and then goes on to present those that are normally used in ventilation systems for heat recovery. The second part discusses the operating costs, investments required and the savings in costs that can be achieved through heat recovery. The third part takes a look at the theory of heat transfer and the characteristics of heat exchanger. In the finally part, a utilization of this model is presented. The results from this are discussed in the following. The developed equations have been calculated and plotted by the use of the numeric software MATLAB. The code used for calculation with MATLAB is listed in the appendix. (orig.) 16 refs.

  15. Energy and exergy recovery in a natural gas compressor station – A technical and economic analysis

    International Nuclear Information System (INIS)

    Kostowski, Wojciech J.; Kalina, Jacek; Bargiel, Paweł; Szufleński, Paweł

    2015-01-01

    Highlights: • Energy and exergy flow in a natural gas compressor station. • Operational efficiency only 18.3% vs. 35.1% nominal. • 3 energy/exergy recovery systems proposed. • Up to 168.9 GW h/y electricity and 6.5 GW h/y heat recoverable. • Legal obstacles: operators not allowed to produce electricity. - Abstract: The paper presents possible solutions to improve the thermodynamic performance of a natural gas compressor station equipped with various type of compressor units and operated at part-load conditions. A method for setting a simplified energy and exergy balance based on the available metering information has been presented. For a case study plant, it has been demonstrated that the current part-load operation leads to a significant decrease in energy and exergy efficiency compared to the nominal state of machinery. Three alternative improvement strategies have been proposed: (1) installation of a heat recovery hot water generator for covering the existing heat demand of the plant; (2) installation of a heat recovery thermal oil heater for covering the existing heat demand and driving an organic Rankine cycle (ORC) for electricity generation; (3) installation of a heat recovery thermal oil heater with and ORC and gas expanders for switching into full-load operation of the gas turbine unit. Energy and exergy performance of the proposed strategies as well as their economic feasibility have been analyzed. The second scenario involving an ORC unit provides the highest local energy savings, however, its economic feasibility is not achieved under the current part-load operating conditions. A hypothetic scenario of the same station operated at full-load due to an increased gas transmission capacity demonstrate the economic feasibility (possible under optimistic price conditions). Finally, it has been shown that the possibility of waste energy recovery from natural gas transmission systems (in particular, from compressor stations) depends on legal

  16. Application and design of an economizer for waste heat recovery in a cogeneration plant

    Directory of Open Access Journals (Sweden)

    Martić Igor I.

    2016-01-01

    Full Text Available Energy increase cost has required its more effective use. However, many industrial heating processes generate waste energy. Use of waste-heat recovery systems decreases energy consumption. This paper presents case study of waste heat recovering of the exhaust flue gas in a 1415 kWe cogeneration plant. This waste heat can be recovered by installing an economizer to heat the condensed and fresh water in thermal degasification unit and reduce steam use for maintaining the temperature of 105˚C for oxygen removal. Design methodology of economizer is presented.

  17. The economic recovery in the Central and Eastern European EU countries

    Directory of Open Access Journals (Sweden)

    Elena GURGU

    2011-03-01

    Full Text Available Following the recession in 2008-09, the economies of the eight EU countries in central and Eastern Europe outside the euro area (CEE are recovering gradually, albeit with significant differences across countries. The expansion in economic activity is currently being driven primarily by exports as domestic demand remains subdued. Those countries that accumulated relatively more substantial internal and external imbalances before the financial crisis suffered more severe contractions in output during the crisis, and most of them face a more sluggish economic recovery.

  18. Modelling of an industrial NGL-Recovery unit considering environmental and economic impacts

    International Nuclear Information System (INIS)

    Sharratt, P. N.; Hernandez-Enriquez, A.; Flores-Tlacuahuac, A.

    2009-01-01

    In this work, an integrated model is presented that identifies key areas in the operation of a cryogenic NGL-recovery unit. This methodology sets out to provide deep understanding of various interrelationship across multiple plant operating factors including reliability, which could be essential for substantial improvement of process performance. The integrated model has been developed to predict the economic and environmental impacts of a real cryogenic unit (600 MMCUF/D) during normal operation, and has been built in Aspen TM. (Author)

  19. Fighting Harmful Tax Competition Generated by Offshore Jurisdictions

    Directory of Open Access Journals (Sweden)

    Dan Drosu Saguna

    2015-03-01

    Full Text Available Harmful tax competition is not just tax system, but can also undermine the interests of local communities and the environment. Tax havens are a huge drain of resources from other countries (basic non tax haven to offshore areas. To operate, tax havens are supported economically, politically, and socially by high tax states. Also, by encouraging savings, it boosts investment and capital formation. Because they are low tax jurisdictions, they exert a higher tax on tax rates worldwide.

  20. The centrality of community dynamics in the socio-economic recovery of devastated communities.

    Science.gov (United States)

    Gomez, A; Atallah, W; Bidaisee, S; Patel, C; Amuleru-Marshall, O

    2009-11-01

    To assess and explore the health and socio-economic outcomes of Jubilee, a community on the Caribbean island of Grenada hit by Hurricane Ivan in 2004 and to identify remaining barriers to recovery. The assessment consisted of a mixed methods approach employing observations, household surveys, in-depth interviews and focus groups. Eighty-five per cent of the residents live in a single-family home type dwelling which is occupied by multiple families. Twenty-seven per cent of the respondents depended on a river or stream for water and 83% utilized an outdoor pit latrine. Construction accounted for 28% of the employment while 16% reported having no occupation. Public and private transportation was limited and 48% of the residents lived on less than one United States of America (US) dollar per day. Access to healthcare was reported by 89% and the prevalence of diabetes and hypertension was identified by 13% and 30% of the residents respectively. Social fragmentation within the community represents a barrier that keeps the community from developing common goals leading to full economic recovery. Jubilee has not fully recovered from the effects of Hurricane Ivan, but progress has been made in the reconstruction effort. These efforts have addressed the most immediate and basic needs of the community, mainly utility service infrastructure and home repairs. However issues related to the community's economic recovery are still unresolved.

  1. Electricity: taxes on emission liabilities. An examination of the economic effectiveness of Polluter Pays Principles

    International Nuclear Information System (INIS)

    Rahman, A.M.; Edwards, C.A.

    2004-01-01

    In spite of the resolutions of Conference of Parties on Climate Change (COP7), policy practitioners in many countries are currently obligated to react to perceived domestic environmental damages. Like few other sectors, utilities, especially, coal-based electricity generation is often identified as a major source of emission. Since the generating companies and end-users have joint interests in profit maximization but may dichotomize in their activities, the policy practitioners are struggling in designing a unique domestic emission policy. Both law and economic theory suggest that companies should be made to pay the costs of the pollution through assignment and enforcement of full liability--Polluter Pays Principles--and then pass these incurred costs on to end-users by charging higher rates per kWh of electricity usage. Questioning this full liability in designing emission policy with implicit weighting of welfare gains and losses to society as a whole, a three-group (consumers, producers and victims of the emission) supply-demand model is developed, and the net welfare effects are analyzed. With plausible parameter values, our analysis shows that the intermediate liabilities over a full or zero liability are preferable on both economic efficiency and equity grounds. However, the model is quite sensitive to the parameter values

  2. TCF1 and LEF1 act as T-cell intrinsic HTLV-1 antagonists by targeting Tax.

    Science.gov (United States)

    Ma, Guangyong; Yasunaga, Jun-ichirou; Akari, Hirofumi; Matsuoka, Masao

    2015-02-17

    Human T-cell leukemia virus type 1 (HTLV-1) is a delta-type retrovirus that induces malignant and inflammatory diseases during its long persistence in vivo. HTLV-1 can infect various kinds of cells; however, HTLV-1 provirus is predominantly found in peripheral CD4 T cells in vivo. Here we find that TCF1 and LEF1, two Wnt transcription factors that are specifically expressed in T cells, inhibit viral replication through antagonizing Tax functions. TCF1 and LEF1 can each interact with Tax and inhibit Tax-dependent viral expression and activation of NF-κB and AP-1. As a result, HTLV-1 replication is suppressed in the presence of either TCF1 or LEF1. On the other hand, T-cell activation suppresses the expression of both TCF1 and LEF1, and this suppression enables Tax to function as an activator. We analyzed the thymus of a simian T-cell leukemia virus type 1 (STLV-1) infected Japanese macaque, and found a negative correlation between proviral load and TCF1/LEF1 expression in various T-cell subsets, supporting the idea that TCF1 and LEF1 negatively regulate HTLV-1 replication and the proliferation of infected cells. Thus, this study identified TCF1 and LEF1 as Tax antagonistic factors in vivo, a fact which may critically influence the peripheral T-cell tropism of this virus.

  3. ECONOMIC MEASURES DESIGNED BY INTERNATIONAL FINANCIAL INSTITUTION IN ORDER TO MACROSTABILIZE AND TO AUGUMENT ECONOMIC RECOVERY PROCESS

    Directory of Open Access Journals (Sweden)

    Anca\tMaria\tPARASCHIV

    2015-06-01

    Full Text Available The recent economic crisis has affected the world economy in general, but the contagion degree for each member economy was different, depending on the specific economic situation existing at the crisis debut. Some European economies were very seriously affected, especially those who have expressed a number of internal and external imbalances in the pre-crisis period, and who did not take countermeasures. The economic crisis and the recession that followed were felt strong also in the USA, but the flexibility of the US economy and the measures taken since the onset of the crisis allowed a faster recovery than in European vulnerable economies. The accommodative US monetary policy permitted to avert liquidity crises and to clean the bank balance sheets, which was also a premise of resuming lending in order to get out of the recession. In this article we conducted an extensive analysis of management measures adopted in different states which are carrying out programs with IFIs, taking into account both short-term effects and implications of these economic policy measures in the medium and long term horizon.

  4. Can parked cars and carbon taxes create a profit? The economics of vehicle-to-grid energy storage for peak reduction

    International Nuclear Information System (INIS)

    Freeman, Gerad M.; Drennen, Thomas E.; White, Andrew D.

    2017-01-01

    This article discusses a five-year, hourly economic model of vehicle-to-grid energy storage for peak reduction. Several scenarios are modeled for a participant using a 60 kW-h capacity battery electric vehicle, such as the Tesla Model S or Chevrolet Bolt, in the New York City area using pricing data for the years 2010 through 2014. Sensitivity analysis identifies that variables such as one-way power efficiency and battery lifetime are the major factors influencing the economics of selling electricity back to the grid. Although it is shown that vehicle-to-grid electricity sales can create positive economic benefits, the magnitudes are small due to the cost of added degradation to the vehicle's battery and are not likely to entice the average electric vehicle owner to participate. However, over the five-year period, the potential economic benefits of this technology have shown a promising trend. A carbon dioxide tax is examined as a potential policy measure to encourage vehicle-to-grid adoption. The implementation of a carbon dioxide tax is shown to create additional opportunities for economic gain but, these benefits are dependent on the grid's electricity generation portfolio. Added benefits from the tax are also small in magnitude considering current international carbon prices. - Highlights: • Three scenarios of vehicle-to-grid storage for peak reduction are proposed. • Average annual savings generated by vehicle-to-grid are small but positive. • Savings have remained positive or increased during 2010–2014. • Moderate carbon tax policies can generate extra savings, but they are small.

  5. Excise Tax Avoidance: The Case of State Cigarette Taxes

    Science.gov (United States)

    DeCicca, Philip; Kenkel, Donald; Liu, Feng

    2013-01-01

    We conduct an applied welfare economics analysis of cigarette tax avoidance. We develop an extension of the standard formula for the optimal Pigouvian corrective tax to incorporate the possibility that consumers avoid the tax by making purchases in nearby lower-tax jurisdictions. To provide a key parameter for our formula, we estimate a structural endogenous switching regression model of border-crossing and cigarette prices. In illustrative calculations, we find that for many states, after taking into account tax avoidance the optimal tax is at least 20 percent smaller than the standard Pigouvian tax that simply internalizes external costs. Our empirical estimate that tax avoidance strongly responds to the price differential is the main reason for this result. We also use our results to examine the benefits of replacing avoidable state excise taxes with a harder-to-avoid federal excise tax on cigarettes. PMID:24140760

  6. Excise tax avoidance: the case of state cigarette taxes.

    Science.gov (United States)

    DeCicca, Philip; Kenkel, Donald; Liu, Feng

    2013-12-01

    We conduct an applied welfare economics analysis of cigarette tax avoidance. We develop an extension of the standard formula for the optimal Pigouvian corrective tax to incorporate the possibility that consumers avoid the tax by making purchases in nearby lower tax jurisdictions. To provide a key parameter for our formula, we estimate a structural endogenous switching regression model of border-crossing and cigarette prices. In illustrative calculations, we find that for many states, after taking into account tax avoidance the optimal tax is at least 20% smaller than the standard Pigouvian tax that simply internalizes external costs. Our empirical estimate that tax avoidance strongly responds to the price differential is the main reason for this result. We also use our results to examine the benefits of replacing avoidable state excise taxes with a harder-to-avoid federal excise tax on cigarettes. Copyright © 2013 Elsevier B.V. All rights reserved.

  7. Financial Integration and Tax Efficiency –Premises of Antitrust Policy and Economic Growth

    Directory of Open Access Journals (Sweden)

    Mihai Mărginean

    2016-01-01

    Full Text Available The aims of this paper is to highlight the relationship between financial integration, taxation and anti-monopoly policy.We will focus on the arguments that come to strengthen that the effectiveness of anti-monopoly policy depends on effective measures in the area of taxation and hence the effects of taxation. Basically, in our analysis, we built a research that stressed the importance of interplay between the variables involved and the objective of economic growth. Noting that the public income and expeenditures (item that showing the importance of administration sector in the economy, depends on effective antitrust policy. For this analysis, we used data between 2008 and 2014 from the Competition Council and Eurostat.

  8. Taxing the Rich

    OpenAIRE

    Landier, Augustin; Plantin, Guillaume

    2013-01-01

    Affluent households can respond to taxation with means that are not economically viable for the rest of the population, such as sophisticated tax plans and international tax arbitrage. This article studies an economy in which an inequality-averse social planner faces agents who have access to a tax-avoidance technology with subadditive costs, and who can shape the risk profile of their income as they see fit. Subadditive avoidance costs imply that optimal taxation cannot be progre...

  9. Lessons from comparative effectiveness research methods development projects funded under the Recovery Act.

    Science.gov (United States)

    Zurovac, Jelena; Esposito, Dominick

    2014-11-01

    The American Recovery and Reinvestment Act of 2009 (ARRA) directed nearly US$29.2 million to comparative effectiveness research (CER) methods development. To help inform future CER methods investments, we describe the ARRA CER methods projects, identify barriers to this research and discuss the alignment of topics with published methods development priorities. We used several existing resources and held discussions with ARRA CER methods investigators. Although funded projects explored many identified priority topics, investigators noted that much work remains. For example, given the considerable investments in CER data infrastructure, the methods development field can benefit from additional efforts to educate researchers about the availability of new data sources and about how best to apply methods to match their research questions and data.

  10. Specific Features of Functioning of the Corporate Tax Management

    Directory of Open Access Journals (Sweden)

    Tkachyk Lesya P.

    2013-12-01

    Full Text Available The article identifies and reveals the essence of functional elements of corporate tax management, which are tax planning, tax analysis, tax accounting and reporting, tax control and tax monitoring. The article builds a functional model of corporate tax management that reflects interaction of its functional elements in the process of realisation of tax activity of economic subjects. Pursuant to this model, the corporate tax management is conducted in several stages, namely: development of alternative variants of tax activity, analysis of alternative variants of tax activity, selection of the optimal variant of tax activity, realisation of tax activity, control over realisation of tax activity and development of measures of increase of efficiency of tax management. Application of the functional model of corporate tax management, which envisages use of all instruments, allows optimisation of tax payments of economic subjects.

  11. An Empirical Investigation into Causality of Unsafe Act and Recovery during EOP Simulation

    Energy Technology Data Exchange (ETDEWEB)

    Choi, Sun Yeong; Jung, Won Dea [Korea Atomic Energy Research Institute, Daejeon (Korea, Republic of)

    2014-08-15

    A data collection worksheet and guideline to collect HRA (Human Reliability Analysis) data with simulator data sources were developed for the HRA data handbook project by KAERI. Using the data worksheet, simulator data were collected and analyzed for an HRA qualitative database. The purpose of this paper is to define the causalities of operators' UAs (Unsafe Acts) ending in an inappropriate component manipulation and recovery during an EOP (Emergency Operating Procedure) operation, and to show some results for the causality from a case study. The reason we suggest the causality of an UA is because an inappropriate manipulation during an EOP operation can be resulted by the causality among operators in an MCR (Main Control Room). Therefore, a 'causality' data field was inserted into the data worksheet to identify the real initiator, and related operators for an inappropriate component manipulation. With this 'causality' data field, an HRA analyzer can establish who caused an UA (or a recovery) and who was involved in the process. They can also calculate the HEP (Human Error Probability) grouped by the initiator if they are interested in the HEP by the initiator.

  12. Evidence of recovery of Juniperus virginiana trees from sulfur pollution after the Clean Air Act.

    Science.gov (United States)

    Thomas, Richard B; Spal, Scott E; Smith, Kenneth R; Nippert, Jesse B

    2013-09-17

    Using dendroisotopic techniques, we show the recovery of Juniperus virginiana L. (eastern red cedar) trees in the Central Appalachian Mountains from decades of acidic pollution. Acid deposition over much of the 20th century reduced stomatal conductance of leaves, thereby increasing intrinsic water-use efficiency of the Juniperus trees. These data indicate that the stomata of Juniperus may be more sensitive to acid deposition than to increasing atmospheric CO2. A breakpoint in the 100-y δ(13)C tree ring chronology occurred around 1980, as the legacy of sulfur dioxide emissions declined following the enactment of the Clean Air Act in 1970, indicating a gradual increase in stomatal conductance (despite rising levels of atmospheric CO2) and a concurrent increase in photosynthesis related to decreasing acid deposition and increasing atmospheric CO2. Tree ring δ(34)S shows a synchronous change in the sources of sulfur used at the whole-tree level that indicates a reduced anthropogenic influence. The increase in growth and the δ(13)C and δ(34)S trends in the tree ring chronology of these Juniperus trees provide evidence for a distinct physiological response to changes in atmospheric SO2 emissions since ∼1980 and signify the positive impacts of landmark environmental legislation to facilitate recovery of forest ecosystems from acid deposition.

  13. Tax Compliance Inventory: TAX-I Voluntary tax compliance, enforced tax compliance, tax avoidance, and tax evasion.

    Science.gov (United States)

    Kirchler, Erich; Wahl, Ingrid

    2010-06-01

    Surveys on tax compliance and non-compliance often rely on ad hoc formulated items which lack standardization and empirical validation. We present an inventory to assess tax compliance and distinguish between different forms of compliance and non-compliance: voluntary versus enforced compliance, tax avoidance, and tax evasion. First, items to measure voluntary and enforced compliance, avoidance, and evasion were drawn up (collected from past research and newly developed), and tested empirically with the aim of producing four validated scales with a clear factorial structure. Second, findings from the first analyses were replicated and extended to validation on the basis of motivational postures. A standardized inventory is provided which can be used in surveys in order to collect data which are comparable across research focusing on self-reports. The inventory can be used in either of two ways: either in its entirety, or by applying the single scales independently, allowing an economical and fast assessment of different facets of tax compliance.

  14. Agreement of the silent partnership – tax and legal consequences of its conclusion and execution

    OpenAIRE

    Monika Zieniewicz

    2016-01-01

    The institution of the silent partnership is not currently regulated by any legal act in the Polish legal system, although its importance in practice is not in doubt. As every action made in the economic sphere and economic execution of the contract is associated with specific effects on the basis of the tax laws. However, due to the lack of statutory regulation of the institution of silent partnership problematic is the question of determining the effects of tax legislation. Therefore, speci...

  15. Assessing long-run economic benefits attributed to an IVF-conceived singleton based on projected lifetime net tax contributions in the UK.

    Science.gov (United States)

    Connolly, M; Gallo, F; Hoorens, S; Ledger, W

    2009-03-01

    Over the past decade, demand for fertility treatments has increased as a result of delaying time to first pregnancy and growing awareness and acceptance of available treatment options. Despite increasing demand, health authorities often view infertility as a low health priority and consequently limit access to treatments by rationing and limiting funds. To assess the long-term economic benefits attributed to in vitro fertilization (IVF)-conceived children, we developed a health investment model to evaluate whether state-funded IVF programmes in the UK represent sound fiscal policies. Based on the average investment cost to conceive an IVF singleton, we describe the present value of net taxes derived from gross taxes paid minus direct government transfers received (e.g. education, health, pension) over the lifetime of the child. To establish the present value of investing in IVF, we have discounted all costs from benefits (i.e. lifetime taxes paid) using UK Treasury department rates based on a singleton delivery with similar characteristics for education, earnings, health and life expectancy to a naturally conceived child. The lifetime discounted value of net taxes from an IVF-conceived child with mother aged 35 is pound 109,939 compared with pound 122,127 for a naturally conceived child. The lifetime undiscounted net tax contribution for the IVF-conceived child and naturally conceived child are pound 603,000 and pound 616,000, respectively. An investment of pound 12,931 to achieve an IVF singleton is actually worth 8.5-times this amount to the UK Treasury in discounted future tax revenue. The analysis underscores that costs to the health sector are actually investments when a broader government perspective is considered over a longer period of time.

  16. Environmental and economic benefits of the recovery of materials in a municipal solid waste management system.

    Science.gov (United States)

    De Feo, Giovanni; Ferrara, Carmen; Finelli, Alessio; Grosso, Alberto

    2017-12-07

    The main aim of this study was to perform a Life cycle assessment study as well as an economic evaluation of the recovery of recyclable materials in a municipal solid waste management system. If citizens separate erroneously waste fractions, they produce both environmental and economic damages. The environmental and economic evaluation was performed for the case study of Nola (34.349 inhabitants) in Southern Italy, with a kerbside system that assured a source separation of 62% in 2014. The economic analysis provided a quantification of the economic benefits obtainable for the population in function of the achievable percentage of source separation. The comparison among the environmental performance of four considered scenarios showed that the higher the level of source separation was, the lower the overall impacts were. This occurred because, even if the impacts of the waste collection and transport increased, they were overcome by the avoided impacts of the recycling processes. Increasing the source separation by 1% could avoid the emission of 5 kg CO 2 eq. and 5 g PM10 for each single citizen. The economic and environmental indicators defined in this study provide simple and effective information useful for a wide-ranging audience in a behavioural change programme perspective.

  17. Results From the Audit of DOD’s American Recovery and Reinvestment Act of 2009 Initial Data Quality Review Implementation

    Science.gov (United States)

    2009-11-03

    Results From the Audit of DoD’s American Recovery and Reinvestment Act of 2009 Initial Data Quality Review Implementation Memorandum No. D-2010-RAM...number. 1. REPORT DATE 03 NOV 2009 2. REPORT TYPE 3. DATES COVERED 00-00-2009 to 00-00-2009 4. TITLE AND SUBTITLE Results From the Audit of...SUBJECT: Results From the Audit of DOD’ s American Recovery and Reinvestment Act of2009 Initial Data Quality Review Implementation (Report No. D

  18. HANFORD TANK FARM RESOURCE CONSERVATION and RECOVERY ACT (RCRA) CORRECTIVE ACTION PROGRAM

    International Nuclear Information System (INIS)

    KRISTOFZSKI, J.G.

    2007-01-01

    As a consequence of producing special nuclear material for the nation's defense, large amounts of extremely hazardous radioactive waste was created at the US Department of Energy's (DOE) Hanford Site in south central Washington State. A little over 50 million gallons of this waste is now stored in 177 large, underground tanks on Hanford's Central Plateau in tank farms regulated under the Atomic Energy Act and the Resource, Conservation, and Recovery Act (RCRA). Over 60 tanks and associated infrastructure have released or are presumed to have released waste in the vadose zone. In 1998, DOE's Office of River Protection established the Hanford Tank Farm RCRA Corrective Action Program (RCAP) to: (1) characterize the distribution and extent of the existing vadose zone contamination; (2) determine how the contamination will move in the future; (3) estimate the impacts of this contamination on groundwater and other media; (4) develop and implement mitigative measures; and (5) develop corrective measures to be implemented as part of the final closure of the tank farm facilities. Since its creation, RCAP has made major advances in each of these areas, which will be discussed in this paper

  19. Economic valuation of the environmental impact of logging residue recovery and nutrient compensation

    International Nuclear Information System (INIS)

    Boerjesson, P.

    2000-01-01

    In this paper, the environmental impact of logging residue recovery (LRR) and nutrient compensation (NC) in Sweden is analysed and evaluated economically. Logging reside recovery and recirculation of wood ash can generate local environmental benefits, such as reduced soil acidification and, primarily in southern Sweden, also improved nitrogen balance and reduced nutrient leaching from forest land. Recovery of residues leads to a slight increase in net emissions of carbon dioxide, compared with on site decomposition, but this increase is small compared with the net emissions of carbon dioxide from fossil fuel cycles. The impact of toxic compounds is estimated to be insignificant, as is that on biodiversity, when current guidelines for forestry management methods are followed. The total cost, including direct costs and environmental costs/benefits, of LRR and NC is estimated to be about 1.1, 3.3 and 4.6 US dollars/GJ in southern, central and northern Sweden, respectively. For comparison, the current direct cost of LRR, excluding NC, is, on average, about 4.0 US dollars/GJ in Sweden. Almost one-third of the Swedish forest fuel potential is estimated to be located in the south, but this potential varies from about 50 to over 100 PJ per year depending on the assumptions made. Thus, when local environmental benefits are also considered, the overall economic benefit derived from the utilisation of forest fuels could increase significantly in southern Sweden, where large quantities of logging residues are available. (author)

  20. Waiting for tax credits

    International Nuclear Information System (INIS)

    Sheinkopf, K.

    1992-01-01

    This article examines the effect of tax credits and related legislation under consideration by Congress on the economics of the renewable energy industry. The topics discussed in the article include conflicting industry opinion on financial incentives, the effectiveness of current incentives, and alternative approaches. The article also includes a sidebar on tax incentives offered by state programs

  1. TAX AMNESTY : SEBUAH HARAPAN TERHADAP CAPITAL INFLOW

    Directory of Open Access Journals (Sweden)

    Nanik Sisharini

    2017-02-01

    Full Text Available Taxation policy reforms has been done by the government with the issuance of Law No. 11 year 2016 about Tax Amnesty. The background of the issuance of this law : a there is still treasure the community both in the country and foreign who have not yet fully reported in the Annual Tax Income, b to increase state revenues and economic growth as well as awareness and compliance community in the implementation of tax obligations . Although the government wants tax amnesty� to secure tax revenue, but in general they wants it for the repatriation of capital. The goal is to increase the liquidity is getting tighter, so eventually bank deposits can be cheaper, bank lending rates fell and investment will� increase. In addition, the quality of economic growth will increase by decreasing of unemployment, inequality, and poverty. To obtain a Tax Amnesty, the tax payer must disclose truthfully how the property owned which have not paid or partially paid taxes in the Letter of Statement and pay the ransom that provisions stipulated in the Act, and not subject to administrative sanctions taxation and criminal sanctions in the area of taxation. The ransom money to be paid in full to the state treasury through the Bank Perception (Bank elected to hold funds Tax Amnesty. Institution Tax Amnesty container fund is 19 Banks, 19 securities firms, and 18 of the Investment Manager. Tax payers who intend to bring �funds owned to Indonesian territory, at least to invest of 3 years commencing from the funds transferred by the tax payer to the Special Account through the Bank Perception. Investment instruments include in the form of government securities of the Republic of Indonesia, the bonds of State BUMN, bond financing institution owned by the government, financial investments in the Bank's perception, bonds private companies whose trade is supervised by the Financial Services Authority, infrastructure investment through government cooperation with corporate

  2. Tax me if you can

    DEFF Research Database (Denmark)

    Jacobsen, Catrine; Piovesan, Marco

    2016-01-01

    in the presence of a tax frame suggesting that participants use the tax as an excuse to rationalize their dishonest act. In addition, we tested whether adding an explanation for the adoption of the tax would increase honesty. We find evidence for reversed dishonesty with participants reporting significantly more...

  3. Tax me if you can

    DEFF Research Database (Denmark)

    Jacobsen, Catrine; Piovesan, Marco

    in the presence of a tax frame suggesting that participants use the tax as an excuse to rationalize their dishonest act. In addition, we tested whether adding an explanation for the adoption of the tax would increase honesty. We find evidence for reversed dishonesty with participants reporting significantly more...

  4. 26 CFR 31.3111-4 - Liability for employer tax.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Liability for employer tax. 31.3111-4 Section...) EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE Federal Insurance Contributions Act (Chapter 21, Internal Revenue Code of 1954) Tax on Employers...

  5. 26 CFR 31.3301-1 - Persons liable for tax.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Persons liable for tax. 31.3301-1 Section 31... TAXES AND COLLECTION OF INCOME TAX AT SOURCE EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE Federal Unemployment Tax Act (Chapter 23, Internal Revenue Code of 1954) § 31.3301-1 Persons liable for...

  6. 26 CFR 31.3111-1 - Measure of employer tax.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Measure of employer tax. 31.3111-1 Section 31... TAXES AND COLLECTION OF INCOME TAX AT SOURCE EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE Federal Insurance Contributions Act (Chapter 21, Internal Revenue Code of 1954) Tax on Employers § 31.3111...

  7. 26 CFR 31.3101-1 - Measure of employee tax.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Measure of employee tax. 31.3101-1 Section 31... TAXES AND COLLECTION OF INCOME TAX AT SOURCE EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE Federal Insurance Contributions Act (Chapter 21, Internal Revenue Code of 1954) Tax on Employees § 31.3101...

  8. Women's Issues Are Economic Issues.

    Science.gov (United States)

    Schroeder, Patricia

    1983-01-01

    Faulty laws, unfair practices, and years of tradition in the workplace keep women from economic equality. The Economic Equity Act proposed by Congress will address inequalities in tax and retirement matters, the need for better dependent care, nondiscrimination in insurance, regulatory reform, and child support enforcement. (IS)

  9. System of National Accounts as an Information Base for Tax Statistics

    Directory of Open Access Journals (Sweden)

    A. E. Lyapin

    2017-01-01

    Full Text Available The article is devoted to those aspects of the system of national accounts, which together perform the role of information base of tax statistics. In our time, the tax system is one of the main subjects of the discussions about the methods and directions of its reform.Taxes are one of the main factors of regulation of the economy and act as an incentive for its development. Analysis of tax revenues to the budgets of different levels will enable to collect taxes and perform tax burden for various industries. From the amount of tax revenue it is possible to judge scales of reproductive processes in the country. It should be noted that taxes in the SNA are special. As mentioned earlier, in the SNA, taxes on products are treated in the form of income. At the same time, most economists prefer, their consideration in the form of consumption taxes, and taxes on various financial transactions (for example: taxes on the purchase/sale of securities are treated as taxes on production, including in cases when there are no services. It would be rational to revise and amend the SNA associated with the interpretation of all taxes and subsidies, to ensure better understanding and compliance with user needs.Taxes are an integral part of any state and an indispensable element of economic relations of any society. In turn, taxes and the budget are inextricably linked, as these relations have a clearly expressed, objective bilateral character. Taxes are the main groups of budget revenues, which makes it possible to finance all the government agencies and expenditure items, as well as the implementation of institutional subsidy units that make up the SNA sector “non-financial corporations”.The second side story is that taxes – a part of the money that is taken from producers and households. The total mass of taxes depends on the composition of taxes, tax rates, tax base and scope of benefits. The bulk of tax revenues also depends on possible changes in

  10. A Review of Factors for Tax Compliance

    Directory of Open Access Journals (Sweden)

    Nicoleta BARBUTA-MISU

    2011-03-01

    Full Text Available The aim of this paper is to identify the variables of tax compliance analysed by researchers from various countries and adapting them to the Romanian conditions to create a model to include factors that influence decision of tax compliance. Tax compliance has been studied in economics by analysing the individual decision of a representative person between paying taxes and evading taxes. In the research of tax compliance have been done many empirical studies that emphasized the impact of a wide variety of potential determinants of voluntary compliance with individual income/profit tax filing and reporting obligations. The most important determinants identified are: economic factors as the level of income, audit probabilities, tax audit, tax rate, tax benefits, penalties, fines and other non-economic factors as attitudes toward taxes, personal, social and national norms, perceived fairness etc.

  11. Environmental, economic, and energy impacts of material recovery facilities. A MITE Program evaluation

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-10-01

    This report documents an evaluation of the environmental, economic, and energy impacts of material recovery facilities (MRFs) conducted under the Municipal Solid Waste Innovative Technology Evaluation (MITE) Program. The MITE Program is sponsored by the US Environmental Protection Agency to foster the demonstration and development of innovative technologies for the management of municipal solid waste (MSW). This project was also funded by the National Renewable Energy Laboratory (NREL). Material recovery facilities are increasingly being used as one option for managing a significant portion of municipal solid waste (MSW). The owners and operators of these facilities employ a combination of manual and mechanical techniques to separate and sort the recyclable fraction of MSW and to transport the separated materials to recycling facilities.

  12. Tax Law

    NARCIS (Netherlands)

    Schaper, Marcel; Hage, Jaap; Waltermann, Antonia; Akkermans, Bram

    2017-01-01

    Taxes are compulsory, unrequited payments to government. This chapter discusses the goals of taxation and provides an introduction to the most important taxes: taxes on income, taxes on goods and services, and taxes on property. Furthermore, the chapter offers insights to procedural issues of

  13. Recovery Act: Alpena Biorefinery and Alpena Biorefinery Lignin Separation Final Technical Report

    Energy Technology Data Exchange (ETDEWEB)

    Retsina, Theodora [American Process Inc., Atlanta, GA (United States)

    2016-12-19

    The Alpena Biorefinery (AB) was constructed in Alpena, Michigan, at the Decorative Panels International hardboard manufacturing facility. The goal of the AB was to demonstrate a modular, technically successful, and financially viable process of making cellulosic ethanol from woody biomass extract at wood processing facilities. At full capacity, the AB can produce 894,200 gallons per year of cellulosic ethanol and 696,000 gallons per year of aqueous potassium acetate, using extract from northern hardwood and aspen woodchips feedstock. The project objectives and the value proposition of AB promote the national goals of energy independence, greenhouse gas reduction, and green job creation and retention. A successful outcome of the Alpena Biorefinery project has been commercial sales of the first ever cellulosic ethanol RINS generated from woody biomass in the US, under the EPA’s Renewable Fuels Standard Program. We believe that American Process is also likely the first company in the world to produce commercial quantities of cellulosic ethanol from mixed forest residue. Life Cycle Analysis performed by Michigan Institute of Technology found that the entire life cycle greenhouse gas emissions from the plant’s cellulosic ethanol were only 25 percent that of petroleum-based gasoline. They found the potassium acetate runway de-icer coproduct generates up to 45 percent less greenhouse gases than the production of conventional potassium acetate. The Alpena Biorefinery project created 31 permanent jobs for direct employees and helped retain 200 jobs associated with the existing Decorative Panels International facility, by increasing its economic viability through significant savings in waste water treatment costs. The AB project has been declared a Michigan Center of Energy Excellence and was awarded a $4 million State of Michigan grant. The project also received New Market Tax Credit financing for locating in an economically distressed community. All other equity funds

  14. A taxing environment: evaluating the multiple objectives of environmental taxes.

    Science.gov (United States)

    Miranda, Marie Lynn; Hale, Brack W

    2002-12-15

    Environmental taxes have attracted attention in recent years as a tool to internalize environmental externalities. This paper evaluates Sweden's experience with environmental taxes in the energy sector by examining how environmental taxes compare with estimated environmental externalities associated with the use of oil, coal, natural gas, and forest residue fuels. We also analyze how environmental taxes influence fuel choices in the energy sector by comparing the production, environmental, and tax costs for the same fuels. We find that (i) the Swedish environmental taxes correspond imperfectly with environmental costs; (ii) the Swedish tax and subsidy system introduces changes in fuel choice decisions; (iii) the energy users are responding to the incentives created by the tax and subsidy systems in ways that are consistent with economic theory; and (iv) the Swedish experience with environmental taxes and subsidies bears directly on wider evaluations of energy policy approaches internationally.

  15. International cooperation in good tax governance

    OpenAIRE

    Alicja Brodzka

    2013-01-01

    In times of crisis and uncertainty the countries look for solutions that will protect tax revenues from tax base erosion. In attempts of increasing the level of tax collection they try to fight tax avoidance and tax evasion. Among the difficult challenges faced by governments, there are also aspects of maintaining their competitive position and keeping measures to stimulate countries’ economic development. Among the issues related to fiscal policy there are also the matters of good tax govern...

  16. Recovery of flue gas energy in heat integrated IGCC power plants using the contact economizer system

    CSIR Research Space (South Africa)

    Madzivhandila, V

    2010-10-01

    Full Text Available Asia Pacific Confederation of APCChE 2010 Chemical Engineering Congress October 5-8, 2010, Taipei � �� Recovery of flue gas energy in heat integrated IGCC power plants using the contact economizer system Vhutshilo Madzivhandilaa, Thokozani... temperature and the thermal efficiency of the plant. The 13th Asia Pacific Confederation of APCChE 2010 Chemical Engineering Congress October 5-8, 2010, Taipei � �� 1. Introduction The IGCC (Integrated Gasification Combined Cycle) is one...

  17. Solar-generated steam for oil recovery: Reservoir simulation, economic analysis, and life cycle assessment

    International Nuclear Information System (INIS)

    Sandler, Joel; Fowler, Garrett; Cheng, Kris; Kovscek, Anthony R.

    2014-01-01

    Highlights: • Integrated assessment of solar thermal enhanced oil recovery (TEOR). • Analyses of reservoir performance, economics, and life cycle factors. • High solar fraction scenarios show economic viability for TEOR. • Continuous variable-rate steam injection meets the benchmarks set by conventional steam flood. - Abstract: The viability of solar thermal steam generation for thermal enhanced oil recovery (TEOR) in heavy-oil sands was evaluated using San Joaquin Valley, CA data. The effectiveness of solar TEOR was quantified through reservoir simulation, economic analysis, and life-cycle assessment. Reservoir simulations with continuous but variable rate steam injection were compared with a base-case Tulare Sand steamflood project. For equivalent average injection rates, comparable breakthrough times and recovery factors of 65% of the original oil in place were predicted, in agreement with simulations in the literature. Daily cyclic fluctuations in steam injection rate do not greatly impact recovery. Oil production rates do, however, show seasonal variation. Economic viability was established using historical prices and injection/production volumes from the Kern River oil field. For comparison, this model assumes that present day steam generation technologies were implemented at TEOR startup in 1980. All natural gas cogeneration and 100% solar fraction scenarios had the largest and nearly equal net present values (NPV) of $12.54 B and $12.55 B, respectively. Solar fraction refers to the steam provided by solar steam generation. Given its large capital cost, the 100% solar case shows the greatest sensitivity to discount rate and no sensitivity to natural gas price. Because there are very little emissions associated with day-to-day operations from the solar thermal system, life-cycle emissions are significantly lower than conventional systems even when the embodied energy of the structure is considered. We estimate that less than 1 g of CO 2 /MJ of refined

  18. Last hope: tax exemption

    International Nuclear Information System (INIS)

    Anon

    2016-01-01

    Economically it is not possible to make money with old depreciated nuclear power plants because of the success of renewable energies, It is only the expectation on significant tax relief that keeps the power plants in operation.

  19. 75 FR 37456 - Green Retrofit Program of Title XII of the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2010-06-29

    ... DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR-5376-N-55] Green Retrofit Program of... Affordable Housing Preservation must collect certain data to administer the Green Retrofit Program (GRP... Title of Proposal: Green Retrofit Program of Title XII of the American Recovery and Reinvestment Act of...

  20. New Mexico Forest Inventory and Analysis: American Recovery and Reinvestment Act Project, Field Report: 2010-2012

    Science.gov (United States)

    Mary Stuever; John Capuano

    2014-01-01

    For a 3-year period, from 2010-2012, the New Mexico Forestry Division utilized contractors to collect Forest Inventory and Analysis (FIA) data in New Mexico. Funded through the American Recovery and Reinvestment Act, the State partnered with the Interior West FIA Program. Together, both agencies collected data on approximately 6,450 plots. This effort represents the...

  1. 77 FR 11163 - Notice of Buy American Waiver Under the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2012-02-24

    ...) companies world-wide were identified that manufacture ABS approved anchors of superior holding anchors. Of... NATIONAL SCIENCE FOUNDATION Notice of Buy American Waiver Under the American Recovery and Reinvestment Act of 2009 AGENCY: National Science Foundation (NSF). ACTION: Notice. SUMMARY: NSF is hereby...

  2. 76 FR 35920 - Notice of Buy American Waiver Under the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2011-06-20

    ... antifouling system was done by UAF in 2009. Only two sources were identified world-wide and none were... NATIONAL SCIENCE FOUNDATION Notice of Buy American Waiver Under the American Recovery and Reinvestment Act of 2009 AGENCY: National Science Foundation (NSF). ACTION: Notice. SUMMARY: NSF is hereby...

  3. Recovery Act: SeaMicro Volume Server Power Reduction Research Development

    Energy Technology Data Exchange (ETDEWEB)

    Gary Lauterbach

    2012-03-22

    Cloud data centers are projected to be the fastest growing segment of the server market through 2015, according to IDC. Increasingly people and businesses rely on the Cloud to deliver digital content quickly and efficiently. Recovery Act funding from the Department of Energy has helped SeaMicro's technologies enhance the total cost of operation, performance and energy efficiency in large data center and Cloud environments. SeaMicro's innovative supercomputer fabric connects thousands of processor cores, memory, storage and input/output traffic. The company's fabric supports multiple processor instruction sets. Current systems featuring SeaMicro technology typically use one quarter the power and take one sixth the space of traditional servers with the same compute performance, yet deliver up to 12 times the bandwidth per core. Mozilla and eHarmony are two customers successfully using SeaMicro's technology. Numerous non-public customers have been successfully using the SeaMicro product in test and production facilities. As a result of the Recovery Act funding from the U.S. Department of Energy, more than 50 direct jobs were created at SeaMicro. To date, they primarily have been high-value, engineering jobs. Hardware, software and manufacturing engineering positions have been created, as well as sales and sales engineering. The positions have allowed SeaMicro to significantly accelerate engineering development and accelerate commercialization. As a result, commercialization and delivery to market are months ahead of initial schedule. Additional jobs were indirectly created through the development of the SeaMicro product. Through many years of research and hard work prior to receipt of public funding, SeaMicro was awarded 2 patents for its work. SeaMicro's product led the way for industry leaders to reconsider the market for low power servers and create new product lines. With valuable support of the U.S. Department of Energy and through Sea

  4. Education Issues Raised by S.744: The Border Security, Economic Opportunity, and Immigration Modernization Act

    Science.gov (United States)

    Murphy, Garrett

    2014-01-01

    This brief report summarizes the requirements for undocumented immigrants set forth by the Border Security, Economic Opportunity, and Immigration Modernization Act (S.744). Assuming that S.744 will move forward in Congress, the report also examines issues having to do with certain language, civics and government, and education/training provisions…

  5. Technical characterization and economic evaluation of recovery of flare gas in various gas-processing plants

    International Nuclear Information System (INIS)

    Zolfaghari, Mohabbat; Pirouzfar, Vahid; Sakhaeinia, Hossein

    2017-01-01

    Today in the worldwide quest for production and economic preference, only industries will survive that have proper solutions for waste disposal and environmental pollution. In industrial applications, a blow down network of gases is used in order to control system pressure and safety instruments. At the end of this network, the excess gases are burnt in the flare tower, which have severe consequences on the environment. Different methods have been proposed and several alternatives have been introduced for reduction and recovery of flaring gases. In this paper, three methods including gas to liquid (GTL), gas turbines generation (GTG) and gas to ethylene (GTE) are introduced and compared with the best method from economic point of view being identified. For this purpose, a natural gas sample is taken from Asalloyeh Refinery Plant and the process has been simulated using Aspen HYSYS. Meanwhile, estimation of the capital and operating costs and evaluation of the processes involved were made using Aspen Capital Cost Estimator. According to the results obtained, production of the electric power from flaring gases is one of the most economical methods. GTG method, with an annual profit of about 480e+006 $, has a greater ROR percent. - Highlights: • Three methods including GTL, GTG and GTE are developed for flare gas recovery. • The processes has been simulated using Aspen HYSYS. • Estimation of the capital and operating costs of the processes were made. • According to the results obtained, GTG is one of the most economical methods. • GTE method has the highest annual benefit, it has the lowest ROR percent.

  6. Applying waste heat recovery system in a sewage sludge dryer – A technical and economic optimization

    International Nuclear Information System (INIS)

    Tańczuk, Mariusz; Kostowski, Wojciech; Karaś, Marcin

    2016-01-01

    Highlights: • A modernization of waste heat recovery system in a sludge drying plant is proposed. • Energy performance analysis rejected the downsize case of modernization. • Optimal system sizes regarding Net Present Value and Net Present Value Ratio do not coincide. • Up to 683 MW h/y of chemical energy savings for optimal heat exchanger size. • Higher profitability for the larger heat exchanger cases: paybacks below 3.65 years. - Abstract: Drying of digested sewage sludge, as an important alternative to sludge disposal at dumping sites, should comply with the requirements of high energy efficiency as well as economic feasibility. The technical and economic optimization analysis of installing a waste process heat recovery unit in a medium-temperature belt dryer operated in a municipal waste water treatment plant was carried out. Inlet capacity of the plant is 1.83 Mg of wet sludge per hour. The post-process air was indicated as a source of waste heat and the configuration of a heat recovery system was proposed. The main objective of the research was to find the optimal size of a chosen type of waste heat recovery heat exchanger for preheating ambient air to the process. The maximization of Net Present Value, and, alternatively, also Net Present Value Ratio were selected for the objective function of the optimization procedure. Simulation of yearly operation of waste heat exchanger was made for a range of different heat exchanging areas (101–270 m"2) regarding given parameters of a post-process air and different temperatures of ambient air. Energy performance of the modernization was evaluated and economic indices were calculated for each of the analyzed cases. The location of the maximum of optimization function was found and the calculations show higher profitability of the cases with larger waste heat exchanger. It can be concluded that the location of optimum of the objective function is very sensitive to the price of natural gas supplied to the

  7. Economic Assessment for Recycling Critical Metals From Hard Disk Drives Using a Comprehensive Recovery Process

    Science.gov (United States)

    Nguyen, Ruby Thuy; Diaz, Luis A.; Imholte, D. Devin; Lister, Tedd E.

    2017-09-01

    Since the 2011 price spike of rare earth elements (REEs), research on permanent magnet recycling has blossomed globally in an attempt to reduce future REE criticality. Hard disk drives (HDDs) have emerged as one feasible feedstock for recovering valuable REEs such as praseodymium, neodymium, and dysprosium. Nevertheless, current processes for recycling electronic waste only focus on certain metals as a result of feedstock and metal price uncertainties. In addition, there is a perception that recycling REEs is unprofitable. To shed some light on the economic viability of REE recycling from U.S. HDDs, this article combines techno-economic information of an electro-hydrometallurgical process with end-of-life HDD availability in a simulation model. The results showed that adding REE recovery to an HDD base and precious metal recovery process was profitable given current prices. Recovered REEs from U.S. HDDs could meet up to 5.2% rest-of-world (excluding China) neodymium magnet demand. Feedstock, aluminum, and gold prices are key factors to recycling profitability. REEs contributed 13% to the co-recycling profit.

  8. A novel process for recovery of fermentation-derived succinic acid: process design and economic analysis.

    Science.gov (United States)

    Orjuela, Alvaro; Orjuela, Andrea; Lira, Carl T; Miller, Dennis J

    2013-07-01

    Recovery and purification of organic acids produced in fermentation constitutes a significant fraction of total production cost. In this paper, the design and economic analysis of a process to recover succinic acid (SA) via dissolution and acidification of succinate salts in ethanol, followed by reactive distillation to form succinate esters, is presented. Process simulation was performed for a range of plant capacities (13-55 million kg/yr SA) and SA fermentation titers (50-100 kg/m(3)). Economics were evaluated for a recovery system installed within an existing fermentation facility producing succinate salts at a cost of $0.66/kg SA. For a SA processing capacity of 54.9 million kg/yr and a titer of 100 kg/m(3) SA, the model predicts a capital investment of $75 million and a net processing cost of $1.85 per kg SA. Required selling price of diethyl succinate for a 30% annual return on investment is $1.57 per kg. Copyright © 2013 Elsevier Ltd. All rights reserved.

  9. Exergo-economic analysis of finned tube for waste heat recovery including phase change heat transfer

    International Nuclear Information System (INIS)

    Wu, Shuang Ying; Jiu, Jing Rui; Xiao, Lan; Li, You Rong; Liu, Chao; Xu, Jin Liang

    2013-01-01

    In this paper, an exergo-economic criterion, i.e. the net profit per unit transferred heat load, is established from the perspective of exergy recovery to evaluate the performance of finned tube used in waste heat recovery. Also, the dimensionless exergy change number is introduced to investigate the effect of the flow (mechanical) exergy loss rate on the recovered thermal exergy. Selecting R245fa as a working fluid and exhaust flue gas as a heat source, the effects of the internal Reynolds number Re_i, the external Reynolds number Re_o , the unit cost of thermal exergy ε_q , the geometric parameter of finned tube η_oβ and the phase change temperature T_v etc. on the performance of finned tube are discussed in detail. The results show that the higher T_v and η_oβ, and lower Re_i may lead to the negligible flow(mechanical) exergy loss rate. There exists an optimal value of Re_i where the net profit per unit transferred heat load peaks, while the variations of Re_o, ε_q and T_v cause monotonic change of the net profit per unit transferred heat load. The phase change temperature exerts relatively greater influence on the exergo-economic performance of finned tube in comparison with other parameters. And there exists a critical phase change temperature, where the net profit per unit transferred heat load is equal to zero.

  10. Characterization of sediment in a leaching trench RCRA (Resource Conservation and Recovery Act) site

    International Nuclear Information System (INIS)

    Zimmerman, M.G.; Kossik, C.D.

    1988-01-01

    Hazardous materials potentially were disposed of into a pair of leaching trenches from 1975 until Resource Conservation and Recovery Act (RCRA) regulations were imposed in 1985. These leaching trenches now are used for disposal of nonhazardous process water. The typical effluent (approximately 3 million gal/d) consisted of water with trace quantities of laboratory, maintenance, and fuel fabrication process chemicals. The largest constituent in the waste stream was uranium in low concentrations. This paper describes the project used to analyze and characterize the sediments in and below the leaching trenches. Two phases of sediment sampling were performed. The first phase consisted of taking samples between the bottom of the trenches and groundwater to locate contamination in the deep sediments under the trenches. To accomplish this sampling, a series of wells were drilled, and samples were obtained for every five feet in depth. The second phase consisted of samples taken at three depths in a series of positions along each trench. Sampling was completed to determine contamination levels in the shallow sediments and loose material washed into the trenches from the process sewer system. The project results were that no measurable contamination was found in the deep sediments. Measurable contamination from metals, such as chromium and nickel, was found in the shallow sediments. The primary contaminant in the shallow sediments was uranium. The concentration of contaminants decreased rapidly to near-background levels at shallow depths below the bottoms of the trenches

  11. Resource Conservation and Recovery Act Industrial Sites quality assurance project plan: Nevada Test Site, Nevada

    International Nuclear Information System (INIS)

    1994-06-01

    This quality assurance project plan (QAPjP) describes the measures that shall be taken to ensure that the environmental data collected during characterization and closure activities of Resource Conservation and Recovery Act (RCRA) Industrial Sites at the Nevada Test Site (NTS) are meaningful, valid, defensible, and can be used to achieve project objectives. These activities are conducted by the US Department of Energy Nevada Operations Office (DOE/NV) under the Nevada Environmental Restoration (ER) Project. The Nevada ER Project consists of environmental restoration activities on the NTS, Tonopah Test Range, Nellis Air Force Range, and eight sites in five other states. The RCRA Industrial Sites subproject constitutes a component of the Nevada ER Project. Currently, this QAPjP is limited to the seven RCRA Industrial Sites identified within this document that are to be closed under an interim status and pertains to all field- investigation, analytical-laboratory, and data-review activities in support of these closures. The information presented here supplements the RCRA Industrial Sites Project Management Plan and is to be used in conjunction with the site-specific subproject sampling and analysis plans

  12. Using variances to comply with resource conservation and recovery act treatment standards

    International Nuclear Information System (INIS)

    Ranek, N.L.

    2002-01-01

    When a waste generated, treated, or disposed of at a site in the United States is classified as hazardous under the Resource Conservation and Recovery Act and is destined for land disposal, the waste manager responsible for that site must select an approach to comply with land disposal restrictions (LDR) treatment standards. This paper focuses on the approach of obtaining a variance from existing, applicable LDR treatment standards. It describes the types of available variances, which include (1) determination of equivalent treatment (DET); (2) treatability variance; and (3) treatment variance for contaminated soil. The process for obtaining each type of variance is also described. Data are presented showing that historically the U.S. Environmental Protection Agency (EPA) processed DET petitions within one year of their date of submission. However, a 1999 EPA policy change added public participation to the DET petition review, which may lengthen processing time in the future. Regarding site-specific treatability variances, data are presented showing an EPA processing time of between 10 and 16 months. Only one generically applicable treatability variance has been granted, which took 30 months to process. No treatment variances for contaminated soil, which were added to the federal LDR program in 1998, are identified as having been granted.

  13. Impact of the resource conservation and recovery act on energy facility siting

    International Nuclear Information System (INIS)

    Tevepaugh, C.W.

    1982-01-01

    The Resource Conservation and Recovery Act (RCRA) of 1976 is a multifaceted approach to the management of both solid and hazardous waste. The focus of this research is on the RCRA mandated proposed regulations for the siting of hazardous waste disposal facilities. This research is an analysis of the interactions among hazardous waste disposal facilities, energy supply technologies and land use issues. This study addresses the impact of RCRA hazardous waste regulations in a descriptive and exploratory manner. A literature and legislative review, interviews and letters of inquiry were synthesized to identify the relationship between RCRA hazardous waste regulations and the siting of selected energy supply technologies. The results of this synthesis were used to determine if and how RCRA influences national land use issues. It was found that the interaction between RCRA and the siting of hazardous waste disposal facilities required by energy supply technologies will impact national land use issues. All energy supply technologies reviewed generate hazardous waste. The siting of industrial functions such as energy supply facilities and hazardous waste disposal facilities will influence future development patterns. The micro-level impacts from the siting of hazardous waste disposal facilities will produce a ripple effect on land use with successive buffer zones developing around the facilities due to the interactive growth of the land use sectors

  14. Environmental Restoration Contractor Resource Conservation and Recovery Act Permit Implementation Plan

    International Nuclear Information System (INIS)

    Lewis, R.A.

    1996-05-01

    This document contains the revised Environmental Restoration Contractor (ERC) Implementation Plan for compliance with the Dangerous Waste and Hazardous and Solid Waste Amendment portions of the Resource Conservation and Recovery Act (RCRA) Permit for the Treatment, Storage, and Disposal of Dangerous Waste (hereafter referred to as the open-quotes Permitclose quotes). The Permit became effective on September 28, 1994. The ERC has developed the Permit Implementation Plan to ensure that the Permit is properly implemented within the ERC project and functions. The plan contains a list of applicable permit conditions, descriptions, responsible organizations, and the status of compliance. The ERC's responsibilities for Permit implementation are identified within both project and functional organizations. Project Managers are responsible for complying with conditions specific to a particular treatment, storage, or disposal (TSD) unit. TSD-specific compliance in include items such as closure plan deliverables, reporting and record keeping requirements, or compliance with non-unit-specific tasks such as spill reporting and emergency response. Functional organizations are responsible for sitewide activities, such as coordinating Permit modifications and developing personnel training programs

  15. achieving sustainable development through tax harmonization

    African Journals Online (AJOL)

    RAYAN_

    policies is a great challenge for governments; tax harmonization can be adopted for ... and the development trajectory of taxing state in diverse ways. For ... revenue is lost development opportunity.3 The existence of high corporate tax rate in a .... 26 This is levied pursuant to the Tertiary Education Trust Fund Tax Act 2011.

  16. Employment impacts of alcohol taxes.

    Science.gov (United States)

    Wada, Roy; Chaloupka, Frank J; Powell, Lisa M; Jernigan, David H

    2017-12-01

    There is strong scientific evidence supporting the effectiveness of increasing alcohol taxes for reducing excessive alcohol consumption and related problems. Opponents have argued that alcohol tax increases lead to job losses. However, there has been no comprehensive economic analysis of the impact of alcohol taxes on employment. To fill this gap, a regional macroeconomic simulation model was used to assess the net impact of two hypothetical alcohol tax increases (a 5-cent per drink excise tax increase and a 5% sales tax increase on beer, wine, and distilled spirits, respectively) on employment in Arkansas, Florida, Massachusetts, New Mexico, and Wisconsin. The model accounted for changes in alcohol demand, average state income, and substitution effects. The employment impact of spending the new tax revenue on general expenditures versus health care was also assessed. Simulation results showed that a 5-cent per drink additional excise tax on alcoholic beverages with new tax revenues allocated to general expenditures increased net employment in Arkansas (802 jobs); Florida (4583 jobs); Massachusetts (978 jobs); New Mexico (653 jobs); and Wisconsin (1167 jobs). A 5% additional sales tax also increased employment in Arkansas (789 jobs; Florida (4493 jobs); Massachusetts (898 jobs); New Mexico (621 jobs); and Wisconsin (991 jobs). Using new alcohol tax revenues to fund health care services resulted in slightly lower net increases in state employment. The overall economic impact of alcohol tax increases cannot be fully assessed without accounting for the job gains resulting from additional tax revenues. Copyright © 2017 Elsevier Inc. All rights reserved.

  17. Everyday Representations of Tax Avoidance, Tax Evasion, and Tax Flight: Do Legal Differences Matter?

    OpenAIRE

    Kirchler, Erich; Maciejovsky, Boris; Schneider, Friedrich

    2001-01-01

    From an economic point of view, legal considerations apart, tax avoidance, tax evasion and tax flight have similar effects, namely a reduction of revenue yields, and are based on the same desire to reduce the tax burden. Due to legal differences and moral concerns it is, however, likely that individuals perceive them as different and as unequally fair. Overall, 252 fiscal officers, business students, business lawyers, and entrepreneurs produced spontaneous associations to a scenario either de...

  18. Distributional consequences of environmental taxes

    International Nuclear Information System (INIS)

    Klinge Jacobsen, H.; Birr-Pedersen, K.; Wier, M.

    2001-11-01

    Environmental taxes imposed on households have been introduced in many countries. However, few countries have reached the level of environmental taxation that is seen in Denmark today, although many are considering shifting the tax burden towards the consumption that is harming the environment. The total tax burden imposed on households in Denmark in the form of taxes on energy use of all kinds, water consumption and waste production, etc., is considerable. This paper analyses the individual taxes as well as the combination of all these taxes and duties related to environmental concerns, including taxes on heating, transport fuels, electricity, water, waste, plastic bags, registration of cars, annual car use, pesticides, etc. The distributional effect of taxes is examined in relation to household income, socio-economic class, residential location and family status. The shifting of the tax structure from high marginal income tax to consumption-based taxes, especially environmental taxes, might have distributional impacts amongst income groups which have not been considered part of the tax policy. The taxes are compared with respect to distributional impact. Do the effects of the different taxes vary to such an extent that this should be considered when designing tax policies? The hypothesis is that some environmental taxes associated with luxury income are less regressive than the average environmental tax. The results suggest that in Denmark taxes on petrol and registration duties for cars are progressive, whereas most other environmental taxes are regressive, especially the green taxes on water, retail containers and CO 2 . The distributional impacts are illustrated using household consumption survey data and data covering household expenditures on energy. The energy taxes and the more recently introduced green taxes are compared. The project is combining the direct and the indirect effect of taxes. The direct effect considers the taxes imposed directly on

  19. The Implementation of the AIFMD in Dutch Tax Law

    NARCIS (Netherlands)

    Vermeulen, H.; Elink Schuurman, J.H.

    2014-01-01

    In this article, the authors explain the amendments to Dutch tax law as a result of the recent implementation of the Alternative Investment Fund Managers Directive. Changes were made to the Dutch Corporate Income Tax Act, the Dutch Dividend Withholding Tax Act and the Dutch General Tax Act. Given

  20. ECONOMIC POTENTIAL RECOVERY – A EUROPEAN CHALLENGE IN THE MEDIUM TERM

    Directory of Open Access Journals (Sweden)

    Rãdulescu Andrei

    2012-12-01

    Full Text Available The waves of the worst global financial and economic crisis since World War II have seriously affected the economy of the Euro Area. The first wave of the global crisis determined the worst recession in decades for the member states of the region. At present, the Monetary Union is confronted with the second wave of the crisis – the public debt problem. Despite the efforts adopted and implemented by the European policymakers over the past quarters, the sovereign debt crisis is far from over. Spain has recently become the “favourite target” of the financial markets. Among the consequences of the waves of the crisis for the Euro Area one can mention the potential output decline and the economic divergence (asymmetric evolution of member countries. In this context, the potential output recovery and the relaunch of the real economic convergence process represent the main challenges for the policymakers in the medium run. This paper analyses the evolution of potential GDP of the member countries of European Monetary Union (12. I employ the Hodrick-Prescott methodology on data from the World Bank Database. According to the results, the economic potential of the member states of the Euro Area (12 decreased to the lowest level of the past decades. At the same time, the analysis presents the differences exiting across the member states in terms of potential output. Some countries suffered an important potential output loss over the past quarters (it seems that Greece and Portugal have become asymmetric shocks in the Monetary Union. For these countries, the first wave of the global crisis transformed in a permanent shock. The decline of investments and the depreciation of human capital over the past quarters express a huge probability that potential output is going to maintain at a low level in the Euro Area over the following years. The recovery of potential GDP towards the pre-crisis levels is dependent on a higher participation rate

  1. Settlement of Tax Disputes in the Russian Federation and Germany

    Directory of Open Access Journals (Sweden)

    Anastasiya Alexandrovna Konyukhova

    2015-01-01

    Full Text Available This article is devoted to the settlement of tax disputes in the Russian Federation and the Federal Republic of Germany. The features of the conflict settlement mechanism are both shown in the stage of administrative and judicial review. In accordance with German law, the administrative stage of dispute resolution, carried out by the tax authority, always precedes the filing of a complaint to a court. Consequently, the taxpayer submits his first application in writing to the tax authority that issued the tax act, though in some cases to a higher tax authority. This obligatory procedure was borrowed by the Russian tax system. The trial stage of tax dispute settlement in Germany is carried out by specialized courts, forming a two-level system for legal proceedings. Thus, the tax dispute submitted to the Court is settled first by the financial lands courts and then by the higher Federal Financial Court. However, the Federal Financial Court takes into consideration only certain categories of actions listed in the Act (the Regulations of finance courts (Finanzgerichtordnung. In Russia appeals of administrative review of tax conflicts, unlike in the German system, are handled by arbitration and general jurisdiction courts. The Supreme Arbitration Court of the Russian Federation is the supreme judicial body for settling economic disputes and other cases considered by arbitration courts in implementing federal procedural judicial supervision over their activities and provides explanations regarding judicial practices. Arbitration courts established at the level of the Federation to resolve disputes involving commercial entities, e.g. enterprises and entrepreneurs, resolve the bulk of tax disputes. These courts are composed of specially created panels of judges known as bars, i.e. groups of judges who specialize in reviewing taxation cases.

  2. Tax system competition – instruments and beneficiaries

    OpenAIRE

    Krzysztof Biernacki

    2014-01-01

    Tax competition among states and jurisdictions has already been examined many times in the economic literature. However, the main scope of the research was focused on a tax rates competition in income taxes and its consequences in bringing direct investments. This scripture/commentary tries to analyze various instruments and beneficiaries of the tax system competition and provide a general overview on this subject.

  3. Typology of taxpayers and tax policy

    Directory of Open Access Journals (Sweden)

    Niesiobedzka Malgorzata

    2014-09-01

    Full Text Available The issue how to reduce of tax evasion is widely discussed in the literature. A public authority may affect the behavior of taxpayers, not only through economic factors, but also by strengthen fiscal discipline. In this process especially role play such issues as tax morale, tax mentality and perceived tax justice. The purpose of the study was to identify groups of taxpayers with similar attitudes towards taxes and similar tax behaviors. Cluster analysis elicited four types of tax payers: Intrinsic Tax Payer, External Tax Payer, Intrinsic Tax Evader, External Tax Evader. In the study the most common were the first two types of taxpayers. Elicited types correspond with motivational tax postures identified by Braithwaite(2001, 2003 and Torgler (2003. The conclusions sum up the key issues discussed, policy implications and the limitation of the analysis.

  4. Tax Efficiency vs. Tax Equity – Points of View regarding Tax Optimum

    Directory of Open Access Journals (Sweden)

    Stela Aurelia Toader

    2011-10-01

    Full Text Available Objectives. Starting from the idea that tax equity requirements, administration costs and the tendency towards tax evasion determine the design of tax systems, it is important to identify a satisfactory efficiency/equity deal in order to build a tax system as close to optimum requirements as possible. Prior Work Previous studies proved that an optimum tax system is that through which it will be collected a level of tax revenues which will satisfy budgetary demands, while losing only a minimum ‘amount’ of welfare. In what degree the Romanian tax system meets these requirements? Approach We envisage analyzing the possibilities of improving Romanian tax system as to come nearest to optimum requirements. Results We can conclude fiscal system can uphold important improvements in what assuring tax equity is concerned, resulting in raising the degree of free conformation in the field of tax payment and, implicitly, the degree of tax efficiency. Implications Knowing to what extent it can be acted upon in the direction of finding that satisfactory efficiency/equity deal may allow oneself to identify the blueprint of a tax system in which the loss of welfare is kept down to minimum. Value For the Romanian institutions empowered to impose taxes, the knowledge of the possibilities of making the tax system more efficient can be important while aiming at reducing the level of evasion phenomenon.

  5. Tax reliefs in the Russian Federation, their definition, types and classification

    OpenAIRE

    Natalia Soloveva

    2012-01-01

    The present article analyzes the definition of tax allowances that is fixed in Tax Code of the Russian Federation and classification of tax allowances into tax exceptions, tax abatements and tax discharges. The article also covers the author's classification of tax allowances into direct and indirect ones, according to economic benefits obtained by taxpayers as a result of using tax allowances. In the conclusion, the author determines an exhaustive list of tax allowances in the Russian tax le...

  6. Tax reliefs in the Russian Federation, their definition, types and classification

    Directory of Open Access Journals (Sweden)

    Natalia Soloveva

    2012-12-01

    Full Text Available The present article analyzes the definition of tax allowances that is fixed in Tax Code of the Russian Federation and classification of tax allowances into tax exceptions, tax abatements and tax discharges. The article also covers the author's classification of tax allowances into direct and indirect ones, according to economic benefits obtained by taxpayers as a result of using tax allowances. In the conclusion, the author determines an exhaustive list of tax allowances in the Russian tax legislation.

  7. Tax havens: Features, operations and solving tax evasion problems

    Directory of Open Access Journals (Sweden)

    Obradović-Ćuk Jelena

    2016-01-01

    Full Text Available Tax haven offers minimal or no tax liability to foreign individuals and enterprises in economically and politically stable environment, where little or no financial information is shared with foreign tax authorities. The aim of this research is to create a comprehensive overview of the characteristics and operations of tax havens, as well as to point out to the ways to overcome the problem of tax evasion. The methodology used in the work is characteristic of social science research: analysis, synthesis and discussion, comparative, inductive and historical analysis, together with the usage of relevant national and international sources. This paper describes the basic features of tax havens, as well as specific business models applied in them. A separate chapter deals with overcoming the problem of tax evasion, which is the main adverse effect of doing business through tax havens.

  8. Recovery Act: Hydroelectric Facility Improvement Project - Replacement of Current Mechanical Seal System with Rope Packing System

    Energy Technology Data Exchange (ETDEWEB)

    Stephens, Jessica D.

    2013-05-29

    On January 27, 2010 the City of North Little Rock, Arkansas received notification of the awarding of a Department of Energy (DOE) grant totaling $450,000 in funding from the American Recovery and Reinvestment Act (ARRA) under the Project Title: Recovery Act: Hydroelectric Facility Improvement Project – Automated Intake Clearing Equipment and Materials Management. The purpose of the grant was for improvements to be made at the City’s hydroelectric generating facility located on the Arkansas River. Improvements were to be made through the installation of an intake maintenance device (IMD) and the purchase of a large capacity wood grinder. The wood grinder was purchased in order to receive the tree limbs, tree trunks, and other organic debris that collects at the intake of the plant during high flow. The wood grinder eliminates the periodic burning of the waste material that is cleared from the intake and reduces any additional air pollution to the area. The resulting organic mulch has been made available to the public at no charge. Design discussion and planning began immediately and the wood grinder was purchased in July of 2010 and immediately put to work mulching debris that was gathered regularly from the intake of the facility. The mulch is currently available to the public for free. A large majority of the design process was spent in discussion with the Corps of Engineers to obtain approval for drawings, documents, and permits that were required in order to make changes to the structure of the powerhouse. In April of 2011, the City’s Project Engineer, who had overseen the application, resigned and left the City’s employ. A new Systems Mechanical Engineer was hired and tasked with overseeing the project. The transfer of responsibility led to a re-examination of the original assumptions and research upon which the grant proposal was based. At that point, the project went under review and a trip was booked for July 2011 to visit facilities that currently

  9. Solid waste landfills under the Resource Conservation and Recovery Act Subtitle D

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-11-01

    This document provides guidance for meeting: (1) Guidelines for the Land Disposal of Solid Waste (40 CFR 241); (2) Criteria for Classification of Solid Waste Disposal Facilities and Practices (40 CFR 257); and (3) Criteria for Municipal Solid Waste Landfills (MSWLFs) (40 CFR Part 258). Revisions to 40 CFR 257 and a new Part 258 were published in the Federal Register (56 FR 50978, 10/9/91). The Guidelines for the Land Disposal of Solid Waste set requirements and recommended procedures to ensure that the design, construction, and operation of land disposal sites is done in a manner that will protect human health and the environment. These regulations are applicable to MSWLFs and non-MSWLFs (e.g., landfills used only for the disposal of demolition debris, commercial waste, and/or industrial waste). These guidelines are not applicable to the, land disposal of hazardous, agricultural, and/or mining wastes. These criteria are to be used under the Resource Conservation and Recovery Act (RCRA) in determining which solid waste disposal facilities pose a reasonable possibility of adversely affecting human health or the environment. Facilities failing to satisfy these criteria will be considered to be open dumps which are prohibited under Section 4005 of RCRA. The Criteria for MSWLFs are applicable only to MSWLFs, including those MSWLFs in which sewage sludge is co-disposed with household waste. Based on specific criteria, certain MSWLFs are exempt from some, or all, of the regulations of 40 CFR 258. MSWLFs that fail to satisfy the criteria specified in 40 CFR 258 are also considered open dumps for the purposes of Section 4005 of RCRA. Through the use of a series of interrelated flow diagrams, this guidance document directs the reader to each design, operation, maintenance, and closure activity that must be performed for MSWLFs and non-MSWLFs.

  10. Resource Conservation and Recovery Act permit modifications and the functional equivalency demonstration: a case study

    International Nuclear Information System (INIS)

    Elsberry, K.; Garcia, P.; Carnes, R.; Kinker, J.; Loehr, C.; Lyon, W.

    1996-01-01

    Hazardous waste operating permits issued under the Resource Conservation and Recovery Act (RCRA) often impose requirements that specific components and equipment be used. Consequently, changing these items, may first require that the owner/operator request a potentially time-consuming and costly permit modification. However, the owner/operator may demonstrate that a modification is not required because the planned changes are ''functionally equivalent.'' The Controlled-Air Incinerator at Los Alamos National Laboratory is scheduled for maintenance and improvements. The incinerator's carbon adsorption unit/high efficiency particulate air filtration system, was redesigned to improve reliability and minimize maintenance. A study was performed to determine whether the redesigned unit would qualify as functionally equivalent to the original component. In performing this study, the following steps were taken: (a) the key performance factors were identified; (b) performance data describing the existing unit were obtained; (c) performance of both the existing and redesigned units was simulated; and (d) the performance data were compared to ascertain whether the components could qualify as functionally equivalent. In this case, the key performance data included gas residence time and distribution of flow over the activated carbon. Because both units were custom designed and fabricated, a simple comparison of manufacturers' specifications was impossible. Therefore, numerical simulation of each unit design was performed using the TEMPEST thermal-hydraulic computer code to model isothermal hydrodynamic performance under steady-state conditions. The results of residence time calculations from the model were coupled with flow proportion and sampled using a Monte Carlo-style simulation to derive distributions that describe the predicted residence times

  11. INEL RCRA [Resource Conservation and Recovery Act] permit for incineration of hazardous waste: Status report

    International Nuclear Information System (INIS)

    McFee, J.N.; Dalton, J.D.; Bohrer, H.A.

    1987-01-01

    The Waste Experimental Reduction Facility (WERF) was constructed to reduce the volume of low-level radioactive waste at the Idaho National Engineering Laboratory (INEL). To address the problem of radioactively contaminated ignitable hazardous waste resulting from INEL activities, a development program was carried out to evaluate WERF's ability to meet the regulated criteria for incinerating liquid and solid ignitable waste. Concurrently, INEL submitted its hazardous waste Part B application under the Resource Conservation and Recovery Act (RCRA). As required, and as a major step in the permitting process, the WERF incinerator portion of the permit application included a proposed trial burn, which is a demonstration test of the incinerator's ability to destroy hazardous materials. The trial burn plan was designed to demonstrate the system performance for liquid and solid ignitable wastes at three operating conditions, using a prepared mix of materials representative of waste to be processed. EPA Region X reviewed and commented on the plan prior to the trial burn. Results of the liquid feed trial burn showed a greater than 97% probability of meeting the RCRA-dictated DRE value for chlorinated solvents and a greater than 99% probability for nonchlorinated solvents. Nonchlorinated solid waste results were calculated at a 93% probability of meeting the required DRE, with a 75% probability for chlorinated solid wastes. In addition, the incinerator DRE continued to improve long after the assumed pre-test equilibrium period had ended. The trial burn demonstrates that the WERF incinerator can safely and adequately destroy ignitable hazardous and mixed waste and provides a significant enhancement of the INEL's waste management system

  12. A sequential input–output framework to analyze the economic and environmental implications of energy policies: Gas taxes and fuel subsidies

    International Nuclear Information System (INIS)

    Choi, Jun-Ki; Bakshi, Bhavik R.; Hubacek, Klaus; Nader, Jordan

    2016-01-01

    Highlights: • Novel framework integrates monetary and physical changes in sequential input–output analysis. • Estimate economy-wide environmental changes as a result of combined energy policies. • Life cycle resource consumption and emission data for the U.S. economic sectors are adopted. • Ecosystem impacts could increase as a consequence of combined gasoline tax and bio-subsidy. - Abstract: A novel generic sequential input–output framework is developed to model the economy-wide changes in resource consumption and environmental emissions as a result of combined applied energy policies, e.g. taxes for non-renewables and subsidies for renewables. Many input–output analyses are based on a single period analysis. However, in the case of analyzing the effects of multiple policy interventions over time, the input–output table reflecting the state of the economy before the energy policy was introduced cannot be used for analyzing the economic effects of another policy intervention in the next time period since the monetary and physical transaction of commodities have already been affected. To show the efficacy of the proposed method, a case study is developed that introduced a gasoline tax and earmarks the revenues to subsidize biofuel production in the subsequent time period in the United States. In order to assess the change of environmental indicators after sequential policy interventions, Ecologically-based Life Cycle Analysis (ECO-LCA) inventories which include data on resource consumption, emissions, ecosystem goods and services related to the U.S. economic sectors are adopted. The environmentally extended input–output framework is ideally suited to model the interlinkages between a range for environmental indicators and detailed structural economic information at the sector level for the analysis of energy policies. The proposed framework can be utilized as a tool for leveraging the energy and environmental policy trade-off decisions which

  13. Estimation of tax evasion and the effectiveness of tax collection for Thailand

    OpenAIRE

    Janbunjong, Pichit

    2009-01-01

    ABSTRACT Low tax revenue is an acute problem for the Thai Government, one which causes a lack of funds for much needed economic and social development. The cause of the low tax revenue is ineffective tax administration. Thus the purpose of this research was to measure the tax effectiveness in Thailand. The review presents the popular Tanzi’s monetary approach for estimating the level of tax evasion and it has resulted in the hypothesis that tax evasion generally increases ...

  14. Unpaid Payroll Taxes Billions in Delinquent Taxes and Penalty Assessments Are Owed

    National Research Council Canada - National Science Library

    1999-01-01

    This report responds to your request for information on payroll taxes owed to the federal government and the associated trust fund recovery penalties assessed individuals responsible for the nonpayment of these taxes...

  15. Tax Expenditures: A Theoretical Review

    Directory of Open Access Journals (Sweden)

    Vjekoslav Bratić

    2006-06-01

    Full Text Available Tax expenditures are an instrument frequently used when a government wishes to achieve certain economic and social effects. But because of the increasing number and scope of tax expenditures, their proper use, quality of administration and record-keeping have become a major challenge for the tax authorities and the whole of the government. The article considers and explains very diverse forms of tax expenditure such as reliefs, tax deductions, tax allowances, tax exceptions and special rates of taxation and the ways in which they are defined and calculated. The key problems in the analysis are the absence of a single definition and of methodology for the calculations; these ultimately make it impossible to compare tax expenditures between or among countries.

  16. Economic consequences of the German environmental liability act: Capital market response for the chemical industry

    OpenAIRE

    Bartsch, Elga

    1997-01-01

    The Environmental Liability Act (Umwelthaftungsgesetz) enacted January 1, 1991 is claimed to have substantially tightened the environmental liability regime in Germany. The economic consequences of the amendment of the German environmental liability legislation initiated by the Sandoz accident are investigated for a portfolio of firms in the chemical industry. By means of an event study it is determined whether the UmweltHG has led to a revision of expectations regarding the profitability of ...

  17. Application of Reservoir Characterization and Advanced Technology to Improve Recovery and Economics in a Lower Quality Shallow Shelf Carbonate Reservoir

    International Nuclear Information System (INIS)

    Hickman, Scott T.; Justice James L.; Taylor, Archie R.

    1999-01-01

    The Class 2 Project at West Welch was designed to demonstrate the use of advanced technologies to enhance the economics of improved oil recovery (IOR) projects in lower quality Shallow Shelf Carbonate (SSC) reservoirs, resulting in recovery of additional oil that would otherwise be left in the reservoir at project abandonment. Accurate reservoir description is critical to the effective evaluation and efficient design of IOR projects in the heterogeneous SSC reservoirs

  18. Hospitalizations and economic analysis in psychotic patients with paliperidone palmitate long-acting injection.

    Science.gov (United States)

    Mesones-Peral, Jesús E; Gurillo-Muñoz, Pedro; Sánchez-Sicilia, Mari Paz; Miller, Adam; Griñant-Fernández, Alejandra

    Prevent hospitalizations in psychotic disorders is an important aim, so long-acting antipsychotic is a good option that can control better the correct adherence. Moreover, in the current economic context pharmacoeconomic studies are necessary. We estimate the effect in prevention of paliperidone palmitate long-acting injection (PP-LAI) and calculate the economic cost in the 12 months preceding the start of treatment with PP-LAI and 12 months later. Mirror image study of 71 outpatients diagnosed with psychotic disorders and treated with PP-LAI. In a first analysis, we measured along one year: number of hospitalizations/year, number of hospitalization in days, number of emergency assists/year and if there is antipsychotics associated to long-acting treatment. After this phase, we applied Fees Act of Valencia for economic analysis and estimate of the cost per hospitalization (€ 5,640.41) and hospital emergency (€ 187.61). After one year of treatment with PP-LAI (mean dose=130.65mg/month), we obtained greater numbers in assistance variables: total hospitalizations decrease, 78.8% (P=.009); shortening in hospitalization days, 89.4% (P=.009); abridgement of number of emergency assists, 79.1% (P=.002); decrease of rate of antipsychotics associated to long-acting treatment, 21% (P<.0001); increase in monotherapy, 53.8% (P<.0001). Therefore, after 12 months of treatment with PP-LAI we obtained a reduction in inpatient spending (savings of € 175,766.54) and increased spending on antipsychotics 32% (equivalent to € 151,126.92). PP-LAI can be an effective therapy for the treatment of patients with severe psychotic disorders: improves symptomatic stability and can prevent hospitalizations with cost-effective symptom control. Copyright © 2016 SEP y SEPB. Publicado por Elsevier España, S.L.U. All rights reserved.

  19. Techno-economic assessment of central sorting at material recovery facilities

    DEFF Research Database (Denmark)

    Cimpan, Ciprian; Maul, Anja; Wenzel, Henrik

    2016-01-01

    sales and sorting residues disposal costs. Material flows through the plants were simulated considering both optimal process conditions and real or typical conditions characterised by downtime and frequent operation at overcapacity. By modelling four plants of progressively higher capacity (size......Simulation of technical and economic performance for materials recovery facilities (MRFs) is a basic requirement for planning new, or evaluating existing, separate waste collection and recycling systems. This study mitigates the current pervasive scarcity of data on process efficiency and costs...... 7 to 21 million EUR and the yearly operational expenditure grew by a factor of 2.4 from 2 to 4.7 million EUR. As a result, specific unit processing cost decreased from 110 to 70 EUR/tonne. Material sales and disposal costs summed to between a net cost of 25 EUR/tonne and net revenue of 50 EUR...

  20. Análise de convergência espacial dos repasses da Lei Robin Hood Spatial convergence analysis of tax transfers from the Robin Hood Act

    Directory of Open Access Journals (Sweden)

    Noé Gonçalves Maranduba Júnior

    2009-12-01

    Full Text Available Alega-se que a Lei Robin Hood tem permitido uma melhor distribuição dos valores do ICMS devidos aos municípios do estado de Minas Gerais. O objetivo deste artigo é investigar se essa lei, entre os anos de 2001 e 2005, realmente foi eficaz, isto é, se, em termos relativos, municípios pobres receberam mais dessas transferências do que os municípios ricos. Para fazer isso metodologicamente, implementa-se uma análise exploratória de dados espaciais e uma análise de convergência, para verificar se as disparidades nos repasses diminuíram com o passar do tempo. Os resultados mostraram que os efeitos espaciais importaram nas análises e que não houve um efeito redistributivo dos repasses, considerando-se que o coeficiente indicador de convergência não foi significativo.One alleges that the Robin Hood Act has allowed one better distribution of the values of ICMS to municipalities of the state of Minas Gerais. The paper is aimed at verifying if the Robin Hood Act has actually revealed a redistributive effect in tax transfers to municipalities in the state over the period 2001-2005, that is, if, in relative terms, poor municipalities have received more these transfers than rich ones. In doing methodologically so, an exploratory spatial data analysis and a convergence analysis are implemented to verify if the disparities of tax redistribution have diminished over the time. The findings showed that the spatial effects were important in the analysis as well as there was no redistributive effect in the period because the convergence coefficient was not significant.

  1. Prospective Analysis of Behavioral Economic Predictors of Stable Moderation Drinking Among Problem Drinkers Attempting Natural Recovery.

    Science.gov (United States)

    Tucker, Jalie A; Cheong, JeeWon; Chandler, Susan D; Lambert, Brice H; Pietrzak, Brittney; Kwok, Heather; Davies, Susan L

    2016-12-01

    As interventions have expanded beyond clinical treatment to include brief interventions for persons with less severe alcohol problems, predicting who can achieve stable moderation drinking has gained importance. Recent behavioral economic (BE) research on natural recovery has shown that active problem drinkers who allocate their monetary expenditures on alcohol and saving for the future over longer time horizons tend to have better subsequent recovery outcomes, including maintenance of stable moderation drinking. This study compared the predictive utility of this money-based "Alcohol-Savings Discretionary Expenditure" (ASDE) index with multiple BE analogue measures of behavioral impulsivity and self-control, which have seldom been investigated together, to predict outcomes of natural recovery attempts. Community-dwelling problem drinkers, enrolled shortly after stopping abusive drinking without treatment, were followed prospectively for up to a year (N = 175 [75.4% male], M age = 50.65 years). They completed baseline assessments of preresolution drinking practices and problems, analogue behavioral choice tasks (Delay Discounting, Melioration-Maximization, and Alcohol Purchase Tasks), and a Timeline Followback interview including expenditures on alcohol compared to voluntary savings (ASDE index) during the preresolution year. Multinomial logistic regression models showed that, among the BE measures, only the ASDE index predicted stable moderation drinking compared to stable abstinence or unstable resolutions involving relapse. As hypothesized, stable moderation was associated with more balanced preresolution allocations to drinking and savings (odds ratio = 1.77, 95% confidence interval = 1.02 to 3.08, p < 0.05), suggesting it is associated with longer-term behavior regulation processes than abstinence. The ASDE's unique predictive utility may rest on its comprehensive representation of contextual elements to support this patterning of behavioral

  2. Prospective Analysis of Behavioral Economic Predictors of Stable Moderation Drinking Among Problem Drinkers Attempting Natural Recovery

    Science.gov (United States)

    Tucker, Jalie A.; Cheong, JeeWon; Chandler, Susan D.; Lambert, Brice H.; Pietrzak, Brittney; Kwok, Heather; Davies, Susan L.

    2016-01-01

    Background As interventions have expanded beyond clinical treatment to include brief interventions for persons with less severe alcohol problems, predicting who can achieve stable moderation drinking has gained importance. Recent behavioral economic (BE) research on natural recovery has shown that active problem drinkers who allocate their monetary expenditures on alcohol and saving for the future over longer time horizons tend to have better subsequent recovery outcomes, including maintenance of stable moderation drinking. The present study compared the predictive utility of this money-based “Alcohol-Savings Discretionary Expenditure” (ASDE) index with multiple BE analogue measures of behavioral impulsivity and self-control, which have seldom been investigated together, to predict outcomes of natural recovery attempts. Methods Community-dwelling problem drinkers, enrolled shortly after stopping abusive drinking without treatment, were followed prospectively for up to a year (N = 175 [75.4% male], M age = 50.65 years). They completed baseline assessments of pre-resolution drinking practices and problems; analogue behavioral choice tasks (Delay Discounting, Melioration-Maximization, and Alcohol Purchase Tasks); and a Timeline Followback interview including expenditures on alcohol compared to voluntary savings (ASDE index) during the pre-resolution year. Results Multinomial logistic regression models showed that, among the BE measures, only the ASDE index predicted stable moderation drinking compared to stable abstinence or unstable resolutions involving relapse. As hypothesized, stable moderation was associated with more balanced pre-resolution allocations to drinking and savings (OR = 1.77, 95% CI = 1.02 ∼ 3.08, p < .05), suggesting it is associated with longer term behavior regulation processes than abstinence. Conclusions The ASDE's unique predictive utility may rest on its comprehensive representation of contextual elements to support this patterning of

  3. Recovery of yttrium from cathode ray tubes and lamps’ fluorescent powders: experimental results and economic simulation

    International Nuclear Information System (INIS)

    Innocenzi, V.; De Michelis, I.; Ferella, F.; Vegliò, F.

    2013-01-01

    Highlights: • Fluorescent powder of lamps. • Fluorescent powder of cathode ray rubes. • Recovery of yttrium from fluorescent powders. • Economic simulation for the processes to recover yttrium from WEEE. - Abstract: In this paper, yttrium recovery from fluorescent powder of lamps and cathode ray tubes (CRTs) is described. The process for treating these materials includes the following: (a) acid leaching, (b) purification of the leach liquors using sodium hydroxide and sodium sulfide, (c) precipitation of yttrium using oxalic acid, and (d) calcinations of oxalates for production of yttrium oxides. Experimental results have shown that process conditions necessary to purify the solutions and recover yttrium strongly depend on composition of the leach liquor, in other words, whether the powder comes from treatment of CRTs or lamp. In the optimal experimental conditions, the recoveries of yttrium oxide are about 95%, 55%, and 65% for CRT, lamps, and CRT/lamp mixture (called MIX) powders, respectively. The lower yields obtained during treatments of MIX and lamp powders are probably due to the co-precipitation of yttrium together with other metals contained in the lamps powder only. Yttrium loss can be reduced to minimum changing the experimental conditions with respect to the case of the CRT process. In any case, the purity of final products from CRT, lamps, and MIX is greater than 95%. Moreover, the possibility to treat simultaneously both CRT and lamp powders is very important and interesting from an industrial point of view since it could be possible to run a single plant treating fluorescent powder coming from two different electronic wastes

  4. Modeling the economic costs of disasters and recovery: analysis using a dynamic computable general equilibrium model

    Science.gov (United States)

    Xie, W.; Li, N.; Wu, J.-D.; Hao, X.-L.

    2014-04-01

    Disaster damages have negative effects on the economy, whereas reconstruction investment has positive effects. The aim of this study is to model economic causes of disasters and recovery involving the positive effects of reconstruction activities. Computable general equilibrium (CGE) model is a promising approach because it can incorporate these two kinds of shocks into a unified framework and furthermore avoid the double-counting problem. In order to factor both shocks into the CGE model, direct loss is set as the amount of capital stock reduced on the supply side of the economy; a portion of investments restores the capital stock in an existing period; an investment-driven dynamic model is formulated according to available reconstruction data, and the rest of a given country's saving is set as an endogenous variable to balance the fixed investment. The 2008 Wenchuan Earthquake is selected as a case study to illustrate the model, and three scenarios are constructed: S0 (no disaster occurs), S1 (disaster occurs with reconstruction investment) and S2 (disaster occurs without reconstruction investment). S0 is taken as business as usual, and the differences between S1 and S0 and that between S2 and S0 can be interpreted as economic losses including reconstruction and excluding reconstruction, respectively. The study showed that output from S1 is found to be closer to real data than that from S2. Economic loss under S2 is roughly 1.5 times that under S1. The gap in the economic aggregate between S1 and S0 is reduced to 3% at the end of government-led reconstruction activity, a level that should take another four years to achieve under S2.

  5. American Recovery and Reinvestment Act-comparative effectiveness research infrastructure investments: emerging data resources, tools and publications.

    Science.gov (United States)

    Segal, Courtney; Holve, Erin

    2014-11-01

    The Recovery Act provided a substantial, one-time investment in data infrastructure for comparative effectiveness research (CER). A review of the publications, data, and tools developed as a result of this support has informed understanding of the level of effort undertaken by these projects. Structured search queries, as well as outreach efforts, were conducted to identify and review resources from American Recovery and Reinvestment Act of 2009 CER projects building electronic clinical data infrastructure. The findings from this study provide a spectrum of productivity across a range of topics and settings. A total of 451 manuscripts published in 192 journals, and 141 data resources and tools were identified and address gaps in evidence on priority populations, conditions, and the infrastructure needed to support CER.

  6. Technical and economic analysis of natural ga decompression: recovery of both electricity and process frigories

    International Nuclear Information System (INIS)

    Fracastoro, G.V.; Perino, M.

    1996-01-01

    The most significant results of the economic analysis on natural gas decompression, specifically referring to EniChem's newly built plant in Porto Marghera, are shown in this article. The analysis was carried out in the framework of rational utilization of energy in compliance with Law No.9 of January 9, 1991. In order to optimize the final use of energy, the service rendered being equal (natural gas was decompressed owing to safety and technical reasons), a possible solution was found, i.e. to replace thermodynamic lamination by an expansion process in a two-stage turbine expansor (recovery of physical energy in pressure). Thanks to this new solution, the above mentioned recovery operation can be integrated by recovering the frigories associated with the availability of the fluid stream (physical energy in temperature) at the outlet of the generator, in order to supply the refrigerating quantity needed to carry out some phases of the steam-cracking process, which takes place in an area lying close to the new decompression plant

  7. RCRA [Resource Conservation and Recovery Act] ground-water monitoring projects for Hanford facilities: Annual progress report for 1988

    International Nuclear Information System (INIS)

    Fruland, R.M.; Lundgren, R.E.

    1989-04-01

    This report describes the progress during 1988 of 14 Hanford Site ground-water monitoring projects covering 16 hazardous waste facilities and 1 nonhazardous waste facility (the Solid Waste Landfill). Each of the projects is being conducted according to federal regulations based on the Resource Conservation and Recovery Act (RCRA) of 1976 and the State of Washington Administrative Code. 21 refs., 23 figs., 8 tabs

  8. Deferred Compensation for Personnel of Tax-Exempt Universities: Effective Use of Section 403(b) Plans.

    Science.gov (United States)

    Crain, John L.; And Others

    1989-01-01

    Under the Tax Reform Act of 1986 many university employees are no longer able to make tax deductible contributions to an IRA. Several alternative plans of action are discussed including tax-deferred annuities. Tax planning strategies are offered. (MLW)

  9. 中国税制结构对经济增长影响的实证研究%An Empirical Analysis on Effect of the China's Tax Structure to Economic Growth

    Institute of Scientific and Technical Information of China (English)

    张荐华; 禄晓龙

    2013-01-01

    This paper systematically elaborates the path and mechanism in theory that the tax structure affects the economic growth . By using the relevant macro -economic and tax data from 1994 to 2011 years ,we conduct an empirical analysis about the relationship be-tween the tax structure and economic growth in China since the 1994's Tax Sharing Reform .The result shows that the indirect tax can pro-mote economic growth . however ,the influence of the direct tax is very limited .Therefore , the new round of China's tax system reform should be guided by the transformation government function theory and tax neutral theory ,with economic restructuring and transformation of the mode of development as the main line .Through the reasonable arrangement on the proportion of direct tax and indirect tax ,we can make the whole tax's influence on the market gradually neutral .As a result , the market mechanism can play the key role as the basic con-figuration way and help China's economy to achieve a sustainable and healthy development .%本文从理论上系统地阐述了税制结构影响经济增长的路径和机理。并在此基础上,利用1994~2011年的时间序列数据,实证分析了1994年分税制改革以来我国税制结构与经济增长的关系。实证结果表明,在我国现行的税制下,直接税对经济增长的影响非常有限,而间接税对经济增长具有正向促进作用。我国的税制改革及结构调整,应以转变政府职能理论及税收中性理论为指导,以经济结构调整和转变发展方式为主线,合理安排直接税与间接税的比重,使整个税收对市场的影响逐步转为中性,以充分发挥市场机制对资源的基础性配置作用,促进我国经济的持续健康发展。

  10. Choosing the best method of depreciating assets and after-tax economic analysis under uncertainty using fuzzy approach

    Directory of Open Access Journals (Sweden)

    Saeed Khalili

    2014-08-01

    Full Text Available In the past, different methods for asset depreciation have been defined but most of these procedures deal with certain parameters and inputs. The availability of certain parameters in many real world situations is difficult and sometimes impossible. The primary objective of this paper is to obtain methods for calculating depreciation where some of the defined parameters are under uncertainty. Hence, by using the fuzzy science basics, extension principle and α-cut technique, we rewrite some classic methods for calculating depreciation in fuzzy form. Then, for comparing the methods of fuzzy depreciation under uncertain conditions by using the formula of calculating the Fuzzy Present worth (FPW, the Present worth of Tax saving (PWTS of any aforementioned methods has been obtained. Finally, since the amount of tax savings achieved for each of the methods is a fuzzy number, one of the fuzzy prioritization methods is used in order to select the best depreciation technique.

  11. Recovery Act: States Could Provide More Information on Education Programs to Enhance the Public's Understanding of Fund Use. Report to the Republican Leader, U.S. Senate. GAO-10-807

    Science.gov (United States)

    Ashby, Cornelia M.

    2010-01-01

    The American Recovery and Reinvestment Act of 2009 (Recovery Act) provides $70.3 billion for three education programs--the State Fiscal Stabilization Fund (SFSF), Title I of the Elementary and Secondary Education Act (Title I), and Individuals with Disabilities Education Act (IDEA). The Act requires recipients to be accountable for how these funds…

  12. Advanced training of tax consultants

    Directory of Open Access Journals (Sweden)

    Adigamova Farida F.

    2016-01-01

    Full Text Available The purpose of the research is to review and analyze the data on the necessity to provide an educational environment for training and advanced training of tax consultants in Russia. The article considers the types of tax consulting, the historical background of training financiers in Russia, as well as identifies conditions determining the significance of tax consulting. The research establishes the connection between the negative attitude to tax payment and tax evasion. The advanced training of tax consultants should be a continuous process as they need to take into account both external and internal taxpayers risks associated with the development of law and law-enforcement practice. Obviously, the training of tax consultants should take into account the experience of developed foreign countries, such as Germany, Austria, Czech Republic, Slovakia and other European countries as well. In Russia, it is necessary to open educational institutions, which will not only be involved in the certification of tax consultants, but also provide training courses. These courses should contribute to constant increase of tax consultants knowledge, consider the tax treatment of economic activities, as well changes in the legislation, economics, finance, accounting, manufacturing processes, which will improve the quality of services provided by tax consultants.

  13. Should the average tax rate be marginalized?

    Czech Academy of Sciences Publication Activity Database

    Feldman, N. E.; Katuščák, Peter

    -, č. 304 (2006), s. 1-65 ISSN 1211-3298 Institutional research plan: CEZ:MSM0021620846 Keywords : tax * labor supply * average tax Subject RIV: AH - Economics http://www.cerge-ei.cz/pdf/wp/Wp304.pdf

  14. The European Recovery Economic Plan and Quality of Public Finances – Instruments for Monitoring and Improving Fiscal and Economic Systems

    Directory of Open Access Journals (Sweden)

    Mircea SOROCEANU

    2011-07-01

    Full Text Available “To promote a growth and employment orientated and efficient allocation of resources, Member States should re-direct the composition of public expenditure towards growth-enhancing categories in line with the Lisbon strategy, adapt tax structures to strengthen growth potential, ensure that mechanisms are in place to assess the relationship between public spending and the achievement of policy objectives, and ensure the overall coherence of reform packages”. [The Lisbon Strategy, integrated guideline no 3].

  15. Work performance and tax compliance in flat and progressive tax systems

    NARCIS (Netherlands)

    Pantya, Jozsef; Kovacs, Judit; Kogler, C.; Kirchler, Erich

    2016-01-01

    Different tax systems, and their impact on work motivation and tax compliance are significant issues in contemporary political and economic debates. The proportional feature of a flat tax system is assumed to lead to higher performance, while the fairness of the redistributive progressive tax system

  16. COMPARATIVE STUDY ON INDIRECT TAXES AT EU LEVEL

    Directory of Open Access Journals (Sweden)

    HARALAMBIE GEORGE ALIN

    2015-06-01

    Full Text Available The economic downturn, affecting lately the states all over the world, imposed their governments to take measures in fiscal and budget plan in order to reduce the budget deficit, by reducing spending and increasing the revenue mobilized to the budget, especially tax revenues, by increasing the tax burden both for the individuals and legal entities. Reforming the tax system at European level involved widening the tax base both for the income earned by individual taxpayers and those made by companies to the detriment of effective tax rates increase. The share in GDP of mandatory levies is uneven across the EU. In the year 2012, it range from 30% in Lithuania with 50% to Denmark. Fiscal consolidation in the member states aimed reforms in the field of indirect taxation (by increasing VAT- 1% for the Czech Republic, Slovakia, Italy, Poland and Finland to 7% in Hungary with 5%, Romania, 4%, excise duties and environmental taxes and a downward trend in the rate of taxation in the case of direct taxes through progressive taxation of personal income, which led to increased revenue due compulsory levies in most countries of the European Union. 13 EU countries have acted to increase the VAT rate between 2010-2014.

  17. 77 FR 9624 - Buy American Exception Under the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2012-02-17

    ... required that the contractor purchase and install one Venmar EKO 1.5 heat recovery ventilator (HRV), which... the home exceeds the amount that can be produced by the solar panels and thus the facility would not...

  18. Model of Management (Mo.Ma) for the patient with schizophrenia: crisis control, maintenance, relapse prevention, and recovery with long-acting injectable antipsychotics (LAIs).

    Science.gov (United States)

    Brugnoli, Roberto; Rapinesi, Chiara; Kotzalidis, Georgios D; Marcellusi, Andrea; Mennini, Francesco S; De Filippis, Sergio; Carrus, Dario; Ballerini, Andrea; Francomano, Antonio; Ducci, Giuseppe; Del Casale, Antonio; Girardi, Paolo

    2016-01-01

    Schizophrenia is a severe mental disease that affects approximately 1% of the population with a relevant chronic impact on social and occupational functioning and daily activities. People with schizophrenia are 2-2.5 times more likely to die early than the general population. Non-adherence to antipsychotic medications, both in chronic and first episode schizophrenia, is one of the most important risk factors for relapse and hospitalization, that consequently contributes to increased costs due to psychiatric hospitalization. Atypical long-acting injectable (LAI) antipsychotics can improve treatment adherence and decrease re-hospitalization rates in patients with schizophrenia since its onset. The primary goals in the management of schizophrenia are directed not only at symptom reduction in the short and long term, but also at maintaining physical and mental functioning, improving quality of life, and promoting patient recovery. To propose a scientific evidence-based integrated model that provides an algorithm for recovery of patients with schizophrenia and to investigate the effectiveness and safety of antipsychotics LAI in the treatment, maintenance, relapse prevention, and recovery of schizophrenia. After an accurate literature review we identified, collected and analyzed the crucial points in taking care schizophrenia patients, through which we defined the steps described in the model of management and the choice of the better treatment option. Results. In the management model we propose, the choice of a second generation long acting antipsychotic, could allow from the earliest stages of illness better patient management, especially for young individuals with schizophrenia onset, a better recovery and significant reductions of relapse and health care costs. LAI formulations of antipsychotics are valuable, because they help patients to remain adherent to their medication through regular contact with healthcare professionals and to prevent covert non-adherence. The

  19. Environmental audits: Tax, accounting and disclosure issues

    International Nuclear Information System (INIS)

    MacKnight, R.

    1991-01-01

    An overview is presented of the financial and legal issues associated with environmental audits, with an emphasis on tax issues. Accelerated depreciation write-offs are provided for qualified pollution control equipment, and may also qualify for tax credits. The Accounting Standards Committee recommends that provision should be made for future removal and site restoration costs and net of expected recoveries, in a rational and systematic manner by charges to income. Under the Federal Income Tax Act (ITA), future reclamation and shutdown costs will only be deductible if they pass three hurdles: a liability which requires the expenditure of funds in the future may not necessarily be an expense; if the liability can be viewed as an expense, is it incurred for the purpose of gaining or producing income; and is a deduction prohibited because it is on account of capital. A proposed solution to these problems is to adopt the US model that allows the deduction of estimated costs of reclaiming land that is disturbed during the current year at mines and waste disposal sites. Tax treatment of compliance costs, securities law disclosure, proposed federal government policies, proposed regulatory measures, and proposed fiscal measures are discussed

  20. Petroleum tax and financial decisions

    International Nuclear Information System (INIS)

    Stensland, G.; Sunnevaag, K.

    1993-03-01

    The work presented in this report focuses on tax motivated financial incentives in the Norwegian petroleum tax system. Of particular concern is the effects of the reserve fund requirement in the Joint Stock Companies Act. Our prime concern is the Norwegian petroleum tax system as applicable from January 1992, but for the sake of comparison, we have also examined the ''old'' Norwegian petroleum tax system. The findings presented in this report can be divided in two parts. Based on an overview over the development in debt and equity for the major part of companies operating on the Norwegian continental shelf it seems reasonable to divide the companies in three groups. The first group is companies which is not in a tax paying position, both ''foreign'' and domestic. These companies seem to use debt as their most important capital source. The second group is Norwegian companies in a tax paying position. These companies also seem to use debt as the most important capital source. The last group is ''foreign'' companies in a tax paying position. This is a group of companies that mainly use equity to finance their investments in the offshore sector. The second part of the report tries to explain these observations. In the report we compare the incentive effects in the new petroleum tax system to the old tax system. The incentives to finance investments with debt is stronger in the new tax system. Several explanations emerge. Firstly, in the old tax system the investor got an effective tax deduction of 12.8% for dividends. This is removed in the new system. Secondly, in the new system 78% tax is included in the financial statements after tax profit calculation and the maximum dividend calculation, while in the old tax system the withholding tax was excluded. 31 refs., 13 figs. 2 tabs

  1. Legal solutions to the conflict between equity of income redistribution and economic efficiency of taxation in relation to personal income tax law in Thailand and the United Kingdom

    OpenAIRE

    Rodjun, Jirasak

    2006-01-01

    The purpose of this thesis is to examine and compare Thai and UK income tax laws to establish how they cause conflict between equity of income redistribution and efficiency of taxation. This thesis also aims to validate theories that optimal tax structures and efficient tax legislation and administration can resolve the conflict. There are six chapters: Chapter One reviews concepts of equity and efficiency. Research in the components of income tax Jaw to establish optimal tax structures (...

  2. Tax policy

    International Nuclear Information System (INIS)

    1990-07-01

    This report contains information on the effects of additional tax incentives for the petroleum production industry. It considers the effects of additional incentives on petroleum production and federal revenues, the federal tax burden on new domestic petroleum production investments under current law, and the comparative tax treatment of petroleum production investments in the United States and other nations

  3. Actual and potential use of population viability analyses in recovery of plant species listed under the US endangered species act.

    Science.gov (United States)

    Zeigler, Sara L; Che-Castaldo, Judy P; Neel, Maile C

    2013-12-01

    Use of population viability analyses (PVAs) in endangered species recovery planning has been met with both support and criticism. Previous reviews promote use of PVA for setting scientifically based, measurable, and objective recovery criteria and recommend improvements to increase the framework's utility. However, others have questioned the value of PVA models for setting recovery criteria and assert that PVAs are more appropriate for understanding relative trade-offs between alternative management actions. We reviewed 258 final recovery plans for 642 plants listed under the U.S. Endangered Species Act to determine the number of plans that used or recommended PVA in recovery planning. We also reviewed 223 publications that describe plant PVAs to assess how these models were designed and whether those designs reflected previous recommendations for improvement of PVAs. Twenty-four percent of listed species had recovery plans that used or recommended PVA. In publications, the typical model was a matrix population model parameterized with ≤5 years of demographic data that did not consider stochasticity, genetics, density dependence, seed banks, vegetative reproduction, dormancy, threats, or management strategies. Population growth rates for different populations of the same species or for the same population at different points in time were often statistically different or varied by >10%. Therefore, PVAs parameterized with underlying vital rates that vary to this degree may not accurately predict recovery objectives across a species' entire distribution or over longer time scales. We assert that PVA, although an important tool as part of an adaptive-management program, can help to determine quantitative recovery criteria only if more long-term data sets that capture spatiotemporal variability in vital rates become available. Lacking this, there is a strong need for viable and comprehensive methods for determining quantitative, science-based recovery criteria for

  4. The 1990 utility tax conference

    International Nuclear Information System (INIS)

    Norris, J.E.

    1990-01-01

    This article reports on the Sixth Annual Utility Tax Conference held in Washington, D.C. in October. Topics of the conference concerned tax issues associated with depreciable assets, employee benefits plans, valuation on utility property, pollution control, and restructuring and reorganization. Also discussed briefly were the tax changes being considered at that time as part of the negotiation of the details of the Omnibus Budget Reconciliation Act

  5. 18 CFR 367.4081 - Account 408.1, Taxes other than income taxes, operating income.

    Science.gov (United States)

    2010-04-01

    ..., FEDERAL POWER ACT AND NATURAL GAS ACT Income Statement Chart of Accounts Service Company Operating Income § 367.4081 Account 408.1, Taxes other than income taxes, operating income. This account must include... other than income taxes, operating income. 367.4081 Section 367.4081 Conservation of Power and Water...

  6. Thermo-economic optimization of Regenerative Organic Rankine Cycle for waste heat recovery applications

    International Nuclear Information System (INIS)

    Imran, Muhammad; Park, Byung Sik; Kim, Hyouck Ju; Lee, Dong Hyun; Usman, Muhammad; Heo, Manki

    2014-01-01

    Highlights: • Thermo-economic optimization of regenerative ORC is performed. • Optimization is performed using multi objective genetic algorithm. • Objective function is maximum cycle efficiency and minimum specific investment. • Evaporation pressure, pinch point and superheat are decision variables. • Sensitivity analysis is performed to investigate effect of decision variables. - Abstract: Organic Rankine Cycle (ORC) is low grade and waste heat conversion technology. The current article deal with the thermo-economic optimization of basic ORC and regenerative ORC for waste heat recovery applications under constant heat source condition. Thermal efficiency and specific investment cost of basic ORC, single stage regenerative and double stage regenerative ORC has been optimized by using Non-dominated Sorting Genetic Algorithm-II (NSGA-II). Maximum thermal efficiency and minimum specific investment cost were selected as objective functions and relative increase in thermal efficiency and cost has been analyzed taking the basic ORC as base case. The constraint set consist of evaporation pressure, superheat, pinch point temperature difference in evaporator and condenser. The optimization was performed for five different working fluids. The optimization result show that R245fa is best working under considered conditions and basic ORC has low specific investment cost and thermal efficiency compared to regenerative ORC. R245fa is low boiling organic fluid, which has high degree of thermal stability and compatible with common construction materials of ORC. The average increase in thermal efficiency from basic ORC to single stage regenerative ORC was 1.01% with an additional cost of 187 $/kW while from basic ORC to double stage regenerative ORC was 1.45% with an average increase in cost of 297 $/kW. The sensitivity analysis was also performed to investigate the effect of operating conditions which show that evaporation pressure has promising effect on thermal

  7. An empirical analysis of the impacts of taxes and royalties on the supply of conventional crude oil in Alberta

    International Nuclear Information System (INIS)

    Amoah, B.

    1998-01-01

    The economic impact of taxes, royalties and government fiscal policy tools on conventional crude oil supply in Alberta was examined. A dynamic economic model of Alberta's conventional petroleum industry was developed and used to evaluate the quantitative impacts of government fiscal policies on exploration and extraction of conventional crude oil in the province. It was determined that taxes and royalties can shorten the life of the industry, reduce activity level, reduce ultimate recovery of conventional crude oil, render more of the established reserves sub-economic and create social welfare loss. It was also revealed that compared to provincial corporate income tax and crown royalties, federal corporate income tax has a larger adverse effect on the performance of the industry in terms of creating higher dead-weight loss and shortening the life of the industry

  8. Tax Exportability in Tourism Market

    OpenAIRE

    Mohammad Mohebi; Khalid A. Rahim; Lee Chin; Khairil W. Awang

    2011-01-01

    Problem statement: Tax incidence is a basic topic in public economics as the tourism industry is an increasingly major contributor to government revenue. Generally, government taxation objectives are for the purpose of financing programs that improve peoples lives and economic prosperity, accelerate economic growth and allow for access to sustainable development. In the first view, tax policy decisions by government are based on their effects on the distribution of economi...

  9. Environmental taxes and transaction costs

    International Nuclear Information System (INIS)

    Vollebergh, Herman R.J.

    1994-06-01

    A well-known tax policy principle in the case of environmental bads holds that optimality would apply to a special class of environmental taxes, the so called Pigovian or effluent taxes (or fees or charges). However, an interesting paradox arises here for effluent taxes are seldom chosen in practical policies by governments. An explanation for this discrepancy is that effluent taxes are generally supposed to bring about the highest amount of transaction costs in order to enforce this kind of tax. This would be caused by the fact that usually large numbers of agents are involved if effluents are taken as the principal tax base. Unfortunately this explanation seems to boomerang for it brings about an impossibility result: effluent taxes can never be first best taxes if transaction costs are allowed. Up till now theoretical economics has not paid much attention to this problem. In contrast this essay offers an explanation for the discrepancy and it shows why the impossibility theorem is a paradox. As soon as one allows for transaction costs in welfare analysis, one not only has to acknowledge that such costs are attached to the internalization device but also to the initial status quo. Moreover, the amount of transaction costs is not independent of the tax contracts themselves, neither are the benefits of regulation through taxation. Accordingly a more general welfare assessment of questions where it is optimal to levy environmental taxes shows that first best Pigovian taxes need not be effluent taxes (even if abatement is possible), although in some cases effluent taxes might still be the best policy option from an economic perspective. 31 refs

  10. Environmental taxes and transaction costs

    Energy Technology Data Exchange (ETDEWEB)

    Vollebergh, Herman R.J. [Centre for Economic Policy OCFEB, Erasmus University Rotterdam (Netherlands)

    1994-06-01

    A well-known tax policy principle in the case of environmental bads holds that optimality would apply to a special class of environmental taxes, the so called Pigovian or effluent taxes (or fees or charges). However, an interesting paradox arises here for effluent taxes are seldom chosen in practical policies by governments. An explanation for this discrepancy is that effluent taxes are generally supposed to bring about the highest amount of transaction costs in order to enforce this kind of tax. This would be caused by the fact that usually large numbers of agents are involved if effluents are taken as the principal tax base. Unfortunately this explanation seems to boomerang for it brings about an impossibility result: effluent taxes can never be first best taxes if transaction costs are allowed. Up till now theoretical economics has not paid much attention to this problem. In contrast this essay offers an explanation for the discrepancy and it shows why the impossibility theorem is a paradox. As soon as one allows for transaction costs in welfare analysis, one not only has to acknowledge that such costs are attached to the internalization device but also to the initial status quo. Moreover, the amount of transaction costs is not independent of the tax contracts themselves, neither are the benefits of regulation through taxation. Accordingly a more general welfare assessment of questions where it is optimal to levy environmental taxes shows that first best Pigovian taxes need not be effluent taxes (even if abatement is possible), although in some cases effluent taxes might still be the best policy option from an economic perspective. 31 refs.

  11. Tax exemption for biomass-based automotive fuels - the right way to go? Including an economic evaluation of ethanol as a vehicle fuel

    International Nuclear Information System (INIS)

    Bjoersell, Mats

    2004-12-01

    future it will not pay in terms of business economics to invest in new Swedish capacity for ethanol from cereals. One possibility for bringing about Swedish ethanol production is shown by the fact that ethanol from cellulose for example in combined solutions (where cheap surplus energy/raw material from another industrial process can be utilised) is proving cost effective. In the longer term, methanol from cellulose is probably of greater interest than ethanol for Swedish production. Methanol is considered to have greater system energy efficiency, better prospects for lower costs and additionally to be a better fit with future propulsion systems in vehicles (fuel cells). There is an interesting proposal here for synthesis gas/methanol to be produced from the black liquor of pulp mills. Tax-exempt FAME can cost up to a maximum of around SEK 5.00-5.50 for low admixture to be lucrative in terms of business economics. The admixture of tax-exempt ethanol in petrol is highly lucrative for the oil companies, with a gain of SEK 2.00-2.50 per litre of ethanol. This can produce an estimated profit from admixture for the oil companies etc. of SEK 500-700 M per year over the next few years. Tax exemption is a very blunt instrument. It entails heavy over-subsidisation with regard to low admixture of ethanol, while the level appears reasonable to encourage the use of pure ethanol or E85 (85% ethanol and 15% petrol). It is not sufficient for FAME. For several reasons it is inappropriate to reduce the general level of tax relief as a consequence of over-subsidisation in the admixture of ethanol. It weakens efforts not concerned with low admixture. It is also very important that the rules applicable to biofuels are stable for the foreseeable future. The loss of tax on ethanol in 2005, adjusted for increased customs duty income will be around SEK 1,260 M and in 2010 will be SEK 1,400 M. For FAME, the loss of tax in 2005 will be around SEK 40 M and in 2010 around SEK 80 M. According to our

  12. Tax Compliance Inventory: TAX-I Voluntary tax compliance, enforced tax compliance, tax avoidance, and tax evasion

    Science.gov (United States)

    Kirchler, Erich; Wahl, Ingrid

    2010-01-01

    Surveys on tax compliance and non-compliance often rely on ad hoc formulated items which lack standardization and empirical validation. We present an inventory to assess tax compliance and distinguish between different forms of compliance and non-compliance: voluntary versus enforced compliance, tax avoidance, and tax evasion. First, items to measure voluntary and enforced compliance, avoidance, and evasion were drawn up (collected from past research and newly developed), and tested empirically with the aim of producing four validated scales with a clear factorial structure. Second, findings from the first analyses were replicated and extended to validation on the basis of motivational postures. A standardized inventory is provided which can be used in surveys in order to collect data which are comparable across research focusing on self-reports. The inventory can be used in either of two ways: either in its entirety, or by applying the single scales independently, allowing an economical and fast assessment of different facets of tax compliance. PMID:20502612

  13. THE IMPLICATIONS OF TAX MORALE ON TAX COMPLIANCE BEHAVIOR

    Directory of Open Access Journals (Sweden)

    Nichita Ramona-Anca

    2012-07-01

    Full Text Available The present paper focuses on the analysis of tax compliance behavior from the tax morale standpoint. We grounded our research on the idea that empirical studies constantly invalidating the assumptions of theoretical models of tax evasion show there are more factors influencing compliance than just the economic ones (e.g., audit probability, fine, tax rate, income. Giving the fact that audit probabilities are generally very low and that tax evasion is not as high as one could expect, tax morale might have to do with the high degrees of tax compliance registered around the world. In a stream of articles on taxation published beginning with the late 60n#8217;s, tax morale defined as the intrinsic motivation to comply or n#8220;internalised obligation to pay taxn#8221; (Braithwaite and Ahmed 2005 has been found to positively relate to tax compliance and negatively relate to shadow economy. This paper attempts to offer a broader view on the influence of tax morale on compliance behavior, covering articles ranging from national and cross-cultural surveys to experimental games. Moreover, the aim of the article is to emphasize the policy implications of tax morale research and the changes governments could make in order to raise the amount of public levies.

  14. Tax Governance

    DEFF Research Database (Denmark)

    Boll, Karen; Brehm Johansen, Mette

    to wider international trends within tax administration, especially concerning the development of risk assessments and internal control in the corporations and a greater focus on monitoring of these elements by the tax authorities. Overall, the working paper concludes that Tax Governance as a model......This working paper presents an analysis of the experiences of Cooperative Compliance in Denmark. Cooperative Compliance denotes a specific kind of collaborative program for the regulation of large corporate taxpayers by the tax authorities. Cooperative Compliance programs have been implemented...... in several countries worldwide. In Denmark the program is called Tax Governance. Tax Governance has been studied using qualitative method and the analyses of the working paper build on an extensive base of in-depth interviews – primarily with tax directors from corporations participating in the program...

  15. LEGISLATIVE STUDY ON THE GOVERNMENT REGULATION ON SOME ECONOMIC RECOVERY MEASURES

    Directory of Open Access Journals (Sweden)

    BOSTAN Ionel

    2014-06-01

    Full Text Available This paper addresses the most significant elements related to the direct enactment by the executive authority – following the most difficult moments of the financial crisis (2009-2010 – of some key measures in determining the economic recovery/growth. Special attention is given to the problem of growth strengthening and sustainable competitiveness of small and medium enterprises, as well as to the issue of stimulating the set up and development of micro enterprises by junior entrepreneurs. Considering things from the legal perspective, we also stop upon the legislative measures taken by the Government to support SME access to financial guarantees and credits. Obviously, in the context following the peak of the financial crisis, we took into consideration the regulation on stimulating the development of new jobs and the regime of state aids, as well. This latter issue includes, we believe, the most important references to State aid schemes on stimulating the investments with a major impact in the economy, the ‘de minimis’ aid for the investments made by small and medium-sized enterprises, and also to the issues arising from the implementation of a State aid scheme to support the investments which promote the regional development by creating jobs.

  16. Russian Societies of the Mutual Credit in the years of Economic Recovery (1909–1913

    Directory of Open Access Journals (Sweden)

    Tatiana A. Kattsina

    2017-03-01

    Full Text Available Тhe article is dedicated to one of the poorly studied branches of the bank loan system in the Russian Empire, i.e. the mutual loan societies. While making investments in industry and sales turnover, mutual loan societies contributed to their widening scope by means of remote areas of the country. The most important factor to determine the peculiarities of mutual loan societies development was their bankruptcy during the economic recovery before World War I. That is why main focus is made on internal causes (that developed on the activity of the organization itself of financial insolvency (bankruptcy occurrence of mutual loan societies. They allowed show basic problems of mutual loan societies on the example of particular organizations, due to which the factors of crisis and financial insolvency (bankruptcy risks appeared. The article reveals such inefficient strategies of mutual loan society’s development and management as lack of real-life experience (qualifications of the staff, use of investors' finances for the administration personal needs (malpractice, inefficient management of the floating capital, poor loan policy connected with illegal profit withdrawal.

  17. The normative dimension and legal meaning of endangered and recovery in the U.S. Endangered Species Act.

    Science.gov (United States)

    Vucetich, John A; Nelson, Michael P; Phillips, Michael K

    2006-10-01

    The ethical, legal, and social significance of the U.S. Endangered Species Act of 1973 (ESA) is widely appreciated. Much of the significance of the act arises from the legal definitions that the act provides for the terms threatened species and endangered species. The meanings of these terms are important because they give legal meaning to the concept of a recovered species. Unfortunately, the meanings of these terms are often misapprehended and rarely subjected to formal analysis. We analyzed the legal meaning of recovered species and illustrate key points with details from "recovery" efforts for the gray wolf (Canis lupus). We focused on interpreting the phrase "significant portion of its range," which is part of the legal definition of endangered species. We argue that recovery and endangerment entail a fundamentally normative dimension (i.e., specifying conditions of endangerment) and a fundamentally scientific dimension (i.e., determining whether a species meets the conditions of endangerment). Specifying conditions for endangerment is largely normative because it judges risks of extinction to be either acceptable or unacceptable. Like many other laws that specify what is unacceptable, the ESA largely specifies the conditions that constitute unacceptable extinction risk. The ESA specifies unacceptable risks of extinction by defining endangered species in terms of the portion of a species' range over which a species is "in danger of extinction." Our analysis indicated that (1) legal recovery entails much more than the scientific notion of population viability, (2) most efforts to recover endangered species are grossly inadequate, and (3) many unlisted species meet the legal definition of an endangered or threatened species.

  18. Resource Conservation and Recovery Act closure plan for the Intermediate-Level Transuranic Storage Facility mixed waste container storage units

    International Nuclear Information System (INIS)

    Nolte, E.P.; Spry, M.J.; Stanisich, S.N.

    1992-11-01

    This document describes the proposed plan for clean closure of the Intermediate-Level Transuranic Storage Facility mixed waste container storage units at the Idaho National Engineering Laboratory in accordance with the Resource Conservation and Recovery Act closure requirements. Descriptions of the location, size, capacity, history, and current status of the units are included. The units will be closed by removing waste containers in storage, and decontamination structures and equipment that may have contacted waste. Sufficient sampling and documentation of all activities will be performed to demonstrate clean closure. A tentative schedule is provided in the form of a milestone chart

  19. How the Recovery Act's Federal Coordinating Council paved the way for the Patient-Centered Outcomes Research Institute.

    Science.gov (United States)

    Conway, Patrick H

    2010-11-01

    The American Recovery and Reinvestment Act of 2009 provided $1.1 billion for comparative effectiveness research and established the Federal Coordinating Council for Comparative Effectiveness Research to direct that investment. The council laid a critical foundation for comparative effectiveness research in the steps it took to gather information, invite public input, set priorities, coordinate project solicitations, and stress the importance of evaluating research investments. Although the council has been superseded by a successor--the Patient-Centered Outcomes Research Institute--the experiences of the council can and should inform the work of the new institute as it begins its operations.

  20. Audit Report on 'Waste Processing and Recovery Act Acceleration Efforts for Contact-Handled Transuranic Waste at the Hanford Site'

    International Nuclear Information System (INIS)

    2010-01-01

    The Department of Energy's Office of Environmental Management's (EM), Richland Operations Office (Richland), is responsible for disposing of the Hanford Site's (Hanford) transuranic (TRU) waste, including nearly 12,000 cubic meters of radioactive contact-handled TRU wastes. Prior to disposing of this waste at the Department's Waste Isolation Pilot Plant (WIPP), Richland must certify that it meets WIPP's waste acceptance criteria. To be certified, the waste must be characterized, screened for prohibited items, treated (if necessary) and placed into a satisfactory disposal container. In a February 2008 amendment to an existing Record of Decision (Decision), the Department announced its plan to ship up to 8,764 cubic meters of contact-handled TRU waste from Hanford and other waste generator sites to the Advanced Mixed Waste Treatment Project (AMWTP) at Idaho's National Laboratory (INL) for processing and certification prior to disposal at WIPP. The Department decided to maximize the use of the AMWTP's automated waste processing capabilities to compact and, thereby, reduce the volume of contact-handled TRU waste. Compaction reduces the number of shipments and permits WIPP to more efficiently use its limited TRU waste disposal capacity. The Decision noted that the use of AMWTP would avoid the time and expense of establishing a processing capability at other sites. In May 2009, EM allocated $229 million of American Recovery and Reinvestment Act of 2009 (Recovery Act) funds to support Hanford's Solid Waste Program, including Hanford's contact-handled TRU waste. Besides providing jobs, these funds were intended to accelerate cleanup in the short term. We initiated this audit to determine whether the Department was effectively using Recovery Act funds to accelerate processing of Hanford's contact-handled TRU waste. Relying on the availability of Recovery Act funds, the Department changed course and approved an alternative plan that could increase costs by about $25 million

  1. Full employment and competition in the Aspen economic model: implications for modeling acts of terrorism.

    Energy Technology Data Exchange (ETDEWEB)

    Sprigg, James A.; Ehlen, Mark Andrew

    2004-11-01

    Acts of terrorism could have a range of broad impacts on an economy, including changes in consumer (or demand) confidence and the ability of productive sectors to respond to changes. As a first step toward a model of terrorism-based impacts, we develop here a model of production and employment that characterizes dynamics in ways useful toward understanding how terrorism-based shocks could propagate through the economy; subsequent models will introduce the role of savings and investment into the economy. We use Aspen, a powerful economic modeling tool developed at Sandia, to demonstrate for validation purposes that a single-firm economy converges to the known monopoly equilibrium price, output, and employment levels, while multiple-firm economies converge toward the competitive equilibria typified by lower prices and higher output and employment. However, we find that competition also leads to churn by consumers seeking lower prices, making it difficult for firms to optimize with respect to wages, prices, and employment levels. Thus, competitive firms generate market ''noise'' in the steady state as they search for prices and employment levels that will maximize profits. In the context of this model, not only could terrorism depress overall consumer confidence and economic activity but terrorist acts could also cause normal short-run dynamics to be misinterpreted by consumers as a faltering economy.

  2. Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output in 2014

    Science.gov (United States)

    2015-02-01

    policies and drawing on various math- ematical models that represent the workings of the econ - omy.5 On that basis, and as summarized in Table 2, CBO...reports were required. The actual impact could, in principle , have been significantly larger or smaller than the number of jobs reported. 6...legislation will have no long-term effects on employment because the U.S. econ - omy will have a high rate of use of its labor resources in the long run.16

  3. Economic analysis of certain legal solutions in the Draft Mediation Act

    Directory of Open Access Journals (Sweden)

    Mojašević Aleksandar

    2014-01-01

    Full Text Available The Mediation Act has been applied in the Republic of Serbia since 2005. In the past period, the application of this Act has pointed out to a number of drawbacks and deficiencies in the system of resolving disputes through mediation. The dominant features of the current mediation system are some inadequate legal solutions, poor organization and insufficient preparation of the courts to internalize mediation, failure to provide relevant information about mediation to litigants and other participants in the judicial process, insufficient judicial training and education of lawyers and parties on mediation and other ADR methods, etc. Considering that the primary purpose of mediation is to diminish the litigation caseload and reduce the costs of court proceedings, the basic goal of introducing mediation into the Serbian legal system has not been accomplished. In order to improve the mediation system, the Serbian authorities launched a public debate in 2010 on designing a new legislative act which would eliminate the shortcomings of previous act and improve the efficiency of mediation. After nearly four years, the extensive debate and confrontation of different mediation concepts led to adopting a new Draft Mediation Act in 2013. As compared to the applicable 2005 Mediation Act, the Draft Mediation Act contains some innovations, such as the enforceability of a mediation agreement under specific conditions and the opportunity of introducing mandatory mediation in some cases. In this paper, the author analyzes the above issues on the basis of findings of economic theory and the results of the empirical study on the efficiency of mediation in Serbia in civil matters. In this context, the author argues that the achievement of the above objectives (to reduce the caseload and legal costs] calls for establishing a sustainable mediation system. In addition to instituting good legal solutions (such as mandatory mediation], the system should be supported by

  4. How do employment tax credits work? An analysis of the German inheritance tax

    OpenAIRE

    Franke, Benedikt; Simons, Dirk; Voeller, Dennis

    2014-01-01

    Employment tax credit programs have been repeatedly used during economic crises, although their usefulness is empirically contestable. The objective of this paper is to quantify the tax effects of employment tax credit programs. A recent revision of the German inheritance tax law provides an eminent opportunity to analyze the effects caused by such a preferential treatment. The tax liability depends on a company’s future employment expenses. Hence, we use micro-level data of ...

  5. TAX EVASION BETWEEN FRAUD AND OPTIMIZATION

    Directory of Open Access Journals (Sweden)

    Emilia Cornelia STOICA

    2017-05-01

    Full Text Available Tax optimization, often called legal tax evasion is the use of methods and techniques that are within the law, in order to reduce or even cancel the tax liability. To achieve such an approach, the taxpayer or his advisers must know in depth the tax law - and by extension, the financial and administrative law - and, moreover, must be functional tax jurisdictions which allow the use of appropriate assemblies. The recent leasks, as WikiLeaks, LuxLeaks, SwissLeaks, Panama Papers etc. on financial flows to tax havens highlight the far-reaching unprecedented evasion and tax fraud, both in the amounts involved - trillions of dollars - and sophisticated assemblies used primarily by multinational companies to the detriment of the public finances of Member territory headquarters and branches which are located and, therefore, detrimental economic and social life of those countries. Tax evasion is based on legal mechanisms which, combined together in the montages of increasingly complex, allowing operators, mostly multinational legal entities to circumvent national tax law and not pay the taxes due. The border between tax optimization, tax evasion and fraud is very thin, optimization using various legal methods to reduce the tax owed, whereas tax evasion using illegal means, which covered crime. Tax evasion reveals either optimize or fraud. There is a significant international dimension of tax evasion because it is favored by multinational corporations operating conditions.

  6. A tax proposal for a cash flow corporate tax

    OpenAIRE

    Lourdes Jerez Barroso; Joaquín Texeira Quirós

    2013-01-01

    Purpose: Due to its advantages in terms of neutrality and simplicity, the aim of this paper is to design a tax base for corporation cash flows, as well as to develop its practical implementation.Design/Methodology: The conceptual aspects and the background of tax on corporation tax flows are reviewed and a tax base that levies a charge on the corporation’s economical activities’ cash flow is then proposed. In order to carry this out, a methodological procedure is developed on the basis of the...

  7. Energy taxes, environment and competitiveness

    International Nuclear Information System (INIS)

    Munksgaard, J.; Gaern Hansen, L.; Bech-Ravn, C.; Ramskov, J.L.

    2006-11-01

    Economic theory about foreign trade and competition as well as empirical studies of relevance are not making evident that industries in general should pay lower environmental taxes than other kind of consumers. Consequently, economic theory cannot justify the present Danish energy tax regime where households are required to pay high energy taxes whereas industries are allowed to pay low energy taxes. On the contrary, it is more likely that reduced industry taxes will result in reduced welfare to society, lower income and lower employment as compared to a scenario of equal energy taxes. Theory can justify, however, a stepwise introduction of green taxes in order to make industries and markets adapt to the new regulatory framework. Moreover, some theoretical contributions argue that under certain circumstances one could point to a need for protecting certain kinds of industries (e.g. industries employing unskilled labour), but an exclusive tax reduction given to all industries is not supported by economic theory. By using the GTAP model we have calculated the welfare effect of levelling Danish energy taxes so households and industries have to pay equal energy taxes. The GTAP model has a good and international reputation for being designed to analyse international trade and competitiveness. We find that levelling the Danish energy taxes will increase welfare in Denmark by 1.3% equivalent to DKK 8 billion. The Danish energy tax reform, however, will cause an increase in CO 2 emissions in neighbouring countries. The calculation does not consider the influence of the EU market for tradable CO 2 permits introduced as from January 2005. (au)

  8. 17 CFR 256.409 - Income taxes.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Income taxes. 256.409 Section... COMPANY ACT OF 1935 Income and Expense Accounts § 256.409 Income taxes. (a) This account shall include the amount of local, State and Federal taxes on income properly accruable during the period covered by the...

  9. AN ECONOMIC FORECAST AND POLICY PROSPECTS

    OpenAIRE

    Brinner, Roger E.

    1992-01-01

    The economy is stagnating today because everyone is waiting for someone else to restart the recovery. Consumers are deferring major purchases until job prospects are rosier. Businesses are pushing down their inventories and payrolls until their order books surge. In essence the economic fundamentals are sound, but at this point, we need a new catalyst for recovery. It is time to implement policies that directly stimulate investment including a self-financing equipment tax credit for productiv...

  10. Recent Tax Law Changes.

    Science.gov (United States)

    Lukaszewski, Thomas

    1998-01-01

    Describes provisions of the Taxpayer Relief Act of 1997 as they influence business and personal taxes. Also explains a recent ruling, the IRS Revenue Procedure 96-31, which will benefit businesses which did not claim all the depreciation expenses they were entitled to over the years. (KB)

  11. 18 CFR 367.4082 - Account 408.2, Taxes other than income taxes, other income and deductions.

    Science.gov (United States)

    2010-04-01

    ... ACT OF 2005, FEDERAL POWER ACT AND NATURAL GAS ACT Income Statement Chart of Accounts Service Company Operating Income § 367.4082 Account 408.2, Taxes other than income taxes, other income and deductions. This... other than income taxes, other income and deductions. 367.4082 Section 367.4082 Conservation of Power...

  12. Large scale carbon dioxide production from coal-fired power stations for enhanced oil recovery : a new economic feasibility study

    International Nuclear Information System (INIS)

    Tontiwachwuthikul, P.; Chan, C.W.; Kritpiphat, W.; DeMontigny, D.; Skoropad, D.; Gelowitz, D.; Aroonwilas, A.; Mourits, F.; Wilson, M.; Ward, L.

    1998-01-01

    A study was conducted to investigate the economics of capturing carbon dioxide from coal-fired power plants to be subsequently used as a flooding agent for enhanced oil recovery (EOR) technologies. It was shown that the production of CO 2 for EOR projects can be technically and economically feasible, particularly when the concepts of cogeneration and optimization are used to reduce steam and electricity expenditures. This is done by using low-pressure steam and waste heat from various sections of the power generation process. It was shown that recovery costs could range between $0.50 to $2.00 per mscf. This translates to a recovered oil price of in the range of $17.39 to $19.95 per bbl., suggesting that even at today's low oil prices there is room for CO 2 flooding with flue gas extracted CO 2 . Practical implications for Saskatchewan were examined. 15 refs., 4 tabs., 7 figs

  13. Tax-Rate Biases in Tax-Planning Decisions: Experimental Evidence

    OpenAIRE

    Amberger, Harald; Eberhartinger, Eva; Kasper, Helmut

    2016-01-01

    Contrary to standard economic theory, recent empirical findings suggest that firms do not always engage in economically optimal tax planning. We conduct a laboratory experiment and find robust evidence that decision biases offer a behavioral explanation for suboptimal tax planning. When facing time pressure in an intra-group cross-border financing decision, subjects apply heuristics based on the salience of statutory tax rates. This stirs decision makers to underestimate the effects of tax-ba...

  14. Taxes; Business Education: 6463.02.

    Science.gov (United States)

    Luksa, Cecelia

    This course explores questions of why we have taxes and how they benefit people. Various other taxes (local, State and Federal, property, income, excise, and inheritance taxes) are dealt with. There is no specific prerequisite for this course, but it is recommended that students enroll in other consumer economics and business mathematics courses…

  15. 76 FR 30966 - Buy American Exception Under the American Recovery and Reinvestment Act of 2009

    Science.gov (United States)

    2011-05-27

    ... the Buy American waiver requested by the Deschutes River Conservancy (DRC) to purchase foreign... project contract by more than 25 percent. The waiver process is initiated by a requesting organization... its Buy American decision is required pursuant to the Buy American Act, 2 CFR 176.80(b)(2). Upon...

  16. EFFECT OF TAX BENEFITS ON THE INCOME TAX COLLECTION

    OpenAIRE

    Orellana Ulloa, Milca Naara

    2017-01-01

    In Ecuador, fiscal policy is directly linked to economic policy, allowing the State to have a collection of taxes to cover public expenditure, this income should be redistributed in the less favored sectors. Given the need to identify the impact of the application of tax benefits used by companies, whether new or already operating, and natural persons who are or not required to keep accounting. There is a need to know the behavior of these Economic sectors, given the various changes that have...

  17. Reference dictionary for economics of oil and gas recovery industry. Slovar-spravochnik po ekonomike neftegazodobyvayushchey promyshlennosti

    Energy Technology Data Exchange (ETDEWEB)

    Perchik, A I

    1983-01-01

    In the third edition (second edition in 1976) changes are made and supplements are introduced which have occurred in economics, organization and planning of the oil and gas recovery industry in recent years. New indicators and terms are introduced for norming, automated systems of control, material-technical supply, statistical calculation, forecasting, quality control, legal regulation of the activity of enterprises, etc. The presentation of material takes into consideration the active sector terminological standards.

  18. Technical and economic feasibility study of enhanced oil recovery in six Colombian fields. Appendix C. Export trade information

    Energy Technology Data Exchange (ETDEWEB)

    1986-09-01

    The primary objectives of the study were to determine which of the reservoirs in the principal fields were amenable to enhanced oil recovery (EOR) processes, to evaluate which process was the most effective from both a technical and economic point of view, and to propose the steps required to further investigate the recommended EOR methods at the laboratory and field (pilot) level. Appendix C is divided into three sections: (A) Casabe Field; (B) La Cira Field; and (C) Tibu-Barco.

  19. Techno-economic evaluation of a ventilation system assisted with exhaust air heat recovery, electrical heater and solar energy

    OpenAIRE

    Özyoğurtçu, Gamze; Mobedi, Moghtada; Özerdem, Barış

    2014-01-01

    The energy consumed to condition fresh air is considerable, particularly for the buildings such as cinema, theatre or gymnasium saloons. The aim of the present study is to design a ventilation system assisted with exhaust air heat recovery unit, electrical heater and stored solar energy, then to make an economical analysis based on life cycle cost (LCC) to find out its payback period. The system is able to recover thermal energy of exhaust air, store solar energy during the sunlight period an...

  20. Energy and economic analysis of total energy systems for residential and commercial buildings. [utilizing waste heat recovery techniques

    Science.gov (United States)

    Maag, W. L.; Bollenbacher, G.

    1974-01-01

    Energy and economic analyses were performed for an on-site power-plant with waste heat recovery. The results show that for any specific application there is a characteristic power conversion efficiency that minimizes fuel consumption, and that efficiencies greater than this do not significantly improve fuel consumption. This type of powerplant appears to be a reasonably attractive investment if higher fuel costs continue.