Sample records for give tax credits

  1. Give your parents some credit.

    E-print Network

    Talley, Lynne D.

    Give your parents some credit. Are you an undergraduate in your first four years at UC and attend school at least half time? You or your parents may be able to get up to $2,500 in tax credit for your to your email in January. And, make sure you forward it to your parents if they claim you as a dependent

  2. New Markets Tax Credits

    E-print Network

    unknown authors

    funding pages from the National Trust Community Investment Corporation www.ntcicfunds.com – provide information about equity investments in projects that combine historic rehabilitation tax credits with New Markets tax credits and other credit enhancements.

  3. Public Service? Tax Credits?

    ERIC Educational Resources Information Center

    Shanker, Albert

    1982-01-01

    Acknowledges the good work of private schools but resists the provision of further direct or indirect government aid to these schools. Argues that tax credits will adversely affect public education and American society. (Author/WD)

  4. Federal Fuels Taxes and Tax Credits (released in AEO2009)

    EIA Publications

    2009-01-01

    Provides a review and update of the handling of federal fuels taxes and tax credits, focusing primarily on areas for which regulations have changed or the handling of taxes or credits has been updated in Annual Energy Outlook 2009.

  5. Income Tax Policy and Charitable Giving

    ERIC Educational Resources Information Center

    Brooks, Arthur C.

    2007-01-01

    Many studies over the past 20 years have looked at the response of charitable donations to tax incentives--the tax price elasticity of giving. Generally, authors have assumed this elasticity is constant across all types of giving. Using the 2001 Panel Study of Income Dynamics data on charitable giving, this paper estimates the tax price elasticity…

  6. Tax-Credit Scholarships in Nebraska: Forecasting the Fiscal Impact

    ERIC Educational Resources Information Center

    Gottlob, Brian

    2010-01-01

    This study seeks to inform the debate over a proposal in Nebraska to give tax credits for contributions to organizations that provide scholarships to K-12 private schools. The study constructs a model to determine the fiscal impact of tax-credit scholarships on the state and on local school districts. The author estimates the impact that…

  7. Tax-Credit Scholarships in Maryland: Forecasting the Fiscal Impact

    ERIC Educational Resources Information Center

    Gottlob, Brian

    2010-01-01

    This study seeks to inform the debate over a proposal in Maryland to give tax credits to businesses for contributions to organizations that provide scholarships to K-12 private schools or which contribute to innovative educational programs in the public schools. The study constructs a model to determine the fiscal impact of a tax-credit

  8. Tax year 2012 Earned Income Tax Credits, Education Credits, & Unemployment Income

    E-print Network

    Stephens, Graeme L.

    Tax year 2012 ­ Earned Income Tax Credits, Education Credits, & Unemployment Income This article reviews some tax areas that may be of interest to low-income families, and highlights changes for the 2012 tax year. Expanded Earned Income Tax Credit benefits Many low-income families depend on the Earned

  9. The Earned Income Tax Credit

    Microsoft Academic Search

    V. Joseph Hotz; John Karl Scholz

    2001-01-01

    Since its inception in 1975, the Earned Income Tax Credit (EITC) has grown into the largest, Federally-funded means-tested cash assistance program in the United States. In this chapter, we review the political history of the EITC, its rules and goals and provide a broad set of program statistics on its growth and coverage. We summarize conceptual underpinnings of much of

  10. 27 CFR 46.223 - Tax credit.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...CIGARETTE PAPERS AND TUBES Floor Stocks Tax on Certain Tobacco Products, Cigarette Papers, and Cigarette Tubes Held for Sale on April 1, 2009 Tax Liability Calculation § 46.223 Tax credit. The dealer is allowed a credit of up to $500...

  11. 17 CFR 256.255 - Accumulated deferred investment tax credits.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 false Accumulated deferred investment tax credits. 256.255 Section... § 256.255 Accumulated deferred investment tax credits. (a) This account...debited with investment tax credits deferred by companies which do...

  12. 17 CFR 256.255 - Accumulated deferred investment tax credits.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 false Accumulated deferred investment tax credits. 256.255 Section... § 256.255 Accumulated deferred investment tax credits. (a) This account...debited with investment tax credits deferred by companies which do...

  13. Can alternate energy live without tax credits

    Microsoft Academic Search

    Smock

    1985-01-01

    A combination of low oil prices and the expiration of federal tax credits comes before alternative energy systems have had a big breakthrough into large-scale commercial application, either for bulk energy production or decentralized application. An overview of solar photovoltaics and solar thermal points out that whether the government decides to extend tax credits will determine if the US is

  14. Tax credits encourage waste-recovery boilers

    Microsoft Academic Search

    Vidich

    1978-01-01

    Manufacturers of waste-heat boilers have found the debate over the National Energy Act to be a positive emphasis on incentives to make heat-recovery equipment attractive, although they anticipate a gradual market growth. Tax credits amount to 10 percent of the investment in addition to an existing 10 percent credit of up to 100 percent of the tax liability. By denying

  15. Adam Smith, Religion, and Tuition Tax Credits.

    ERIC Educational Resources Information Center

    Alexander, Kern

    1983-01-01

    Examines tuition tax credit programs in framework of Adam Smith's ideas on the economic impact of established churches. Finds that tuition tax credits would amount to state expenditures to relieve the financial burden of parochial school parents and would allow churches to invest commercially to maintain their charitable functions. (JW)

  16. Credits and Exemptions for Children. Tax Facts from the Tax Policy Center. Tax Notes[R

    ERIC Educational Resources Information Center

    Maag, Elaine

    2009-01-01

    The Earned Income Tax Credit, Child Tax Credit (CTC), Additional Child Tax Credit (ACTC), and the dependent exemption all provide benefits to families with children. In 2009, a single mom (or dad) with two children can receive benefits ranging from $0 to about $7,500--depending on her income, age of the children, and where the children live. While…

  17. Expanding Choice: Tax Credits and Educational Access in Indiana

    ERIC Educational Resources Information Center

    Carpenter, Dick M., II; Ross, John K.

    2009-01-01

    One of the oldest and more popular forms of school choice in the United States is educational tax credits. Like many other types of school choice, educational tax credits enable parents to send their children to the K-12 school of their choice, public or private, religious or non-religious. One type of educational tax credits, tax-credit

  18. A Model To Avoid: Arizona's Tuition Tax Credit Law.

    ERIC Educational Resources Information Center

    Pathak, Arohi; Holmes, Dwight; Mincberg, Elliot; Neas, Ralph G.

    In 1997, Arizona enacted a tuition tax credit law. Supporters consider this law a model for improving public education. Opponents believe it is a model for seriously undermining public education, particularly public schools serving poor children. The two types of tax credits Arizona offers are a private tuition tax credit and tax credit for public…

  19. Tuition Tax Credits: A Social Revolution.

    ERIC Educational Resources Information Center

    Sowell, Thomas

    1982-01-01

    Supports the Packwood-Moynihan Tuition Tax Credit bill because of its importance to the poor, the working class, and all whose children are trapped in educationally deteriorating and physically dangerous public schools. (JOW)

  20. 26 CFR 1.1502-4 - Consolidated foreign tax credit.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 2012-04-01 false Consolidated foreign tax credit. 1.1502-4 Section 1.1502-4 ...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Consolidated Tax Liability §...

  1. 26 CFR 1.1502-3 - Consolidated tax credits.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 2014-04-01 false Consolidated tax credits. 1.1502-3 Section 1.1502-3...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Consolidated Tax Liability §...

  2. 26 CFR 1.1502-3 - Consolidated tax credits.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 2012-04-01 false Consolidated tax credits. 1.1502-3 Section 1.1502-3...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Consolidated Tax Liability §...

  3. 26 CFR 1.1502-4 - Consolidated foreign tax credit.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 2011-04-01 false Consolidated foreign tax credit. 1.1502-4 Section 1.1502-4 ...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Consolidated Tax Liability §...

  4. 26 CFR 1.1502-4 - Consolidated foreign tax credit.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 2014-04-01 false Consolidated foreign tax credit. 1.1502-4 Section 1.1502-4 ...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Consolidated Tax Liability §...

  5. 26 CFR 1.1502-3 - Consolidated tax credits.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 2013-04-01 false Consolidated tax credits. 1.1502-3 Section 1.1502-3...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Consolidated Tax Liability §...

  6. 26 CFR 1.1502-4 - Consolidated foreign tax credit.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 2013-04-01 false Consolidated foreign tax credit. 1.1502-4 Section 1.1502-4 ...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Consolidated Tax Liability §...

  7. 26 CFR 1.1502-3 - Consolidated tax credits.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 2011-04-01 false Consolidated tax credits. 1.1502-3 Section 1.1502-3...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Consolidated Tax Liability §...

  8. Preparatory What is the Arizona School Tax Credit Program?

    E-print Network

    Hall, Sharon J.

    Donate Now. Arizona State Law enables you to receive a dollar-for-dollar tax credit of up to $200 ($400SupportASU Preparatory Academy What is the Arizona School Tax Credit Program? Arizona Revised of extracurricular activities and claim a dollar-for-dollar state tax credit. Married couples filing joint tax

  9. The Fiscal Impact of Tax-Credit Scholarships in Oklahoma. State Research

    ERIC Educational Resources Information Center

    Gottlob, Brian

    2011-01-01

    This study seeks to provide outcomes-based information on Oklahoma's proposal to give tax credits for contributing to organizations that provide scholarships to K-12 private schools. The study constructs a model to determine the fiscal impact of tax-credit scholarships on the state and on local school districts. The author estimates the impact…

  10. 76 FR 42036 - Determining the Amount of Taxes Paid for Purposes of the Foreign Tax Credit

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-07-18

    ...9536] RIN 1545-BK40 Determining the Amount of Taxes Paid for Purposes of the Foreign Tax Credit AGENCY: Internal Revenue Service (IRS...relating to the determination of the amount of taxes paid for purposes of the foreign tax...

  11. Federal Fuels Taxes and Tax Credits (released in AEO2007)

    EIA Publications

    2007-01-01

    The Annual Energy Outlook 2007 (AEO) reference case and alternative cases generally assume compliance with current laws and regulations affecting the energy sector. Some provisions of the U.S. Tax Code are scheduled to expire, or may be subject to adjustment, before the end of the projection period. In general, scheduled expirations and adjustments provided in legislation or regulations are assumed to occur, unless there is significant historical evidence to support an alternative assumption. This section examines the AEO2007 treatment of three provisions that could have significant impacts on U.S. energy markets: the gasoline excise tax, biofuel (ethanol and biodiesel) tax credits, and the production tax credit for electricity generation from certain renewable resources.

  12. 78 FR 7264 - Health Insurance Premium Tax Credit

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-02-01

    ...TD 9611] RIN 1545-BL49 Health Insurance Premium Tax Credit AGENCY...regulations relating to the health insurance premium tax credit enacted...wish to enroll in qualified health plans through Affordable Insurance Exchanges...

  13. 77 FR 41048 - Health Insurance Premium Tax Credit; Correction

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-07-12

    ...1 [TD 9590] RIN 1545-BJ82 Health Insurance Premium Tax Credit; Correction...final regulations relate to the health insurance premium tax credit enacted by...and Affordable Care Act and the Health Care and Education...

  14. 76 FR 50931 - Health Insurance Premium Tax Credit

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-08-17

    ...REG-131491-10] RIN 1545-BJ82 Health Insurance Premium Tax Credit AGENCY...regulations relating to the health insurance premium tax credit enacted by...be able to purchase private health insurance through State-based...

  15. 77 FR 41048 - Health Insurance Premium Tax Credit; Correction

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-07-12

    ...602 [TD 9590] RIN 1545-BJ82 Health Insurance Premium Tax Credit; Correction...final regulations relate to the health insurance premium tax credit enacted by...and Affordable Care Act and the Health Care and Education...

  16. Can alternate energy live without tax credits

    SciTech Connect

    Smock, R.

    1985-06-01

    A combination of low oil prices and the expiration of federal tax credits comes before alternative energy systems have had a big breakthrough into large-scale commercial application, either for bulk energy production or decentralized application. An overview of solar photovoltaics and solar thermal points out that whether the government decides to extend tax credits will determine if the US is to maintain its market dominance in photovoltaics or relinquish it to the Japanese. Wind generation will approach economic competitiveness as the technology advances, but will not reach that goal before the tax credits expire. Solar thermal technology is still largely supported by government research and development spending, with only a few private ventures. A drop in heliostat prices is a promising development. Distributed receiver technology has been the most popular with private investors.

  17. 76 FR 68841 - New Markets Tax Credit Program

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-11-07

    ...the public regarding the New Markets Tax Credit (NMTC) Program...Bob Ibanez, Manager, New Markets Tax Credit Program, CDFI Fund...SUPPLEMENTARY INFORMATION: The New Markets Tax Credit Program was authorized...Higher Distress The NMTC Program targets Low-Income...

  18. APPLICATION FOR NON-RESIDENT TAX OFFSET CREDIT

    E-print Network

    Taylor, Jerry

    APPLICATION FOR NON-RESIDENT TAX OFFSET CREDIT (For Missouri Taxpayers) I wish to apply for the Tax as of 6/18/2014 is Ellis Library ­ Room 202) The following conditions must be met before any tax credit must accrue a personal income tax liability the calendar year prior to the school year in question. 3

  19. 18 CFR 367.2550 - Account 255, Accumulated deferred investment tax credits.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... Account 255, Accumulated deferred investment tax credits. 367.2550 Section... Account 255, Accumulated deferred investment tax credits. This account must...credited with all investment tax credits deferred by companies that have...

  20. 18 CFR 367.2550 - Account 255, Accumulated deferred investment tax credits.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ... Account 255, Accumulated deferred investment tax credits. 367.2550 Section... Account 255, Accumulated deferred investment tax credits. This account must...credited with all investment tax credits deferred by companies that have...

  1. Federal Fuels Taxes and Tax Credits (Update) (released in AEO2008)

    EIA Publications

    2008-01-01

    The Annual Energy Outlook 2008 (AEO) reference case incorporates current regulations that pertain to the energy industry. This section describes the handling of federal taxes and tax credits in AEO2008, focusing primarily on areas where regulations have changed or the handling of taxes or tax credits has been updated.

  2. Who Gets the Credit? Who Pays the Consequences? The Illinois Tuition Tax Credit. Special Report.

    ERIC Educational Resources Information Center

    Pathak, Arohi; Keenan, Nancy

    In 1999, Illinois enacted a tuition tax credit program. Tax credit supporters suggest tax credits help low-income students. However, opponents argue that they disproportionately benefit higher-income families whose children are already attending private schools and may decrease already limited resources available to public schools. New data from…

  3. Living and Working with Disabilities: Tax Benefits and Credits

    MedlinePLUS

    ... This publication presents basic information about existing tax credits and benefits that may be available to qualifying ... for you to work. See IRS Publication 529 Credit for the Elderly or Disabled: You may be ...

  4. 26 CFR 20.2015-1 - Credit for death taxes on remainders.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...true Credit for death taxes on remainders. 20.2015-1 Section 20.2015-1 Internal Revenue INTERNAL REVENUE SERVICE...AFTER AUGUST 16, 1954 Credits Against Tax § 20.2015-1 Credit for death taxes on...

  5. 26 CFR 20.2015-1 - Credit for death taxes on remainders.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...false Credit for death taxes on remainders. 20.2015-1 Section 20.2015-1 Internal Revenue INTERNAL REVENUE SERVICE...AFTER AUGUST 16, 1954 Credits Against Tax § 20.2015-1 Credit for death taxes on...

  6. 26 CFR 20.2015-1 - Credit for death taxes on remainders.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...false Credit for death taxes on remainders. 20.2015-1 Section 20.2015-1 Internal Revenue INTERNAL REVENUE SERVICE...AFTER AUGUST 16, 1954 Credits Against Tax § 20.2015-1 Credit for death taxes on...

  7. 26 CFR 20.2015-1 - Credit for death taxes on remainders.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...true Credit for death taxes on remainders. 20.2015-1 Section 20.2015-1 Internal Revenue INTERNAL REVENUE SERVICE...AFTER AUGUST 16, 1954 Credits Against Tax § 20.2015-1 Credit for death taxes on...

  8. 26 CFR 20.2015-1 - Credit for death taxes on remainders.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...false Credit for death taxes on remainders. 20.2015-1 Section 20.2015-1 Internal Revenue INTERNAL REVENUE SERVICE...AFTER AUGUST 16, 1954 Credits Against Tax § 20.2015-1 Credit for death taxes on...

  9. Effects on Funding Equity of the Arizona Tax Credit Law.

    ERIC Educational Resources Information Center

    Wilson, Glen Y.

    2000-01-01

    Examined the results from the first year (1998) of the Arizona Education Tax Credit program, a law that allows individuals a dollar-for-dollar credit up to $500 for donations to private schools and a credit up to $200 for donations to public schools. Concludes that the credit increases educational inequity in Arizona, where those who are well off…

  10. Targeted Jobs Tax Credit: Findings from Employer Surveys.

    ERIC Educational Resources Information Center

    Bishop, John, Ed.

    This collection includes eight reports of findings from a series of employer surveys designed to assess the effectiveness of the Targeted Jobs Tax Credit (TJTC). The following papers are included: "Introduction," by John Bishop; "Utilization of the Targeted Jobs Tax Credit," by John Bishop and Susan Ashbrook; "Multivariate Models of Employer…

  11. 75 FR 8392 - Low Income Housing Tax Credit Tenant Database

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-02-24

    ...Housing Tax Credit Tenant Database AGENCY: Office of the...submitted to the Office of Management and Budget (OMB) for...McKinney Jr., Reports Management Officer, QDAM, Department...Housing Tax Credit Tenant Database. Omb Approval Number...Departmental Reports Management Officer, Office...

  12. 76 FR 42076 - Determining the Amount of Taxes Paid for Purposes of the Foreign Tax Credit

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-07-18

    ...REG-126519-11] RIN 1545-BK41 Determining the Amount of Taxes Paid for Purposes of the Foreign Tax Credit AGENCY: Internal Revenue Service (IRS...relating to the determination of the amount of taxes paid for purposes of the foreign tax...

  13. 6 Universities Give Congress New Plan for Taxing Campus Businesses.

    ERIC Educational Resources Information Center

    Jaschik, Scott

    1988-01-01

    A new lobbying strategy by six universities, designed to show Congress that higher education may be willing to give up some tax advantages under current law, is also criticized as a tactical error when Congress is just beginning to consider changes in the tax law affecting nonprofit groups. (MSE)

  14. 26 CFR 1.960-4 - Additional foreign tax credit in year of receipt of previously taxed earnings and profits.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 2013-04-01 false Additional foreign tax credit in year of receipt of previously taxed earnings...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Controlled Foreign Corporations...

  15. 26 CFR 1.960-4 - Additional foreign tax credit in year of receipt of previously taxed earnings and profits.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 2012-04-01 false Additional foreign tax credit in year of receipt of previously taxed earnings...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Controlled Foreign Corporations...

  16. 26 CFR 1.960-4 - Additional foreign tax credit in year of receipt of previously taxed earnings and profits.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 2011-04-01 false Additional foreign tax credit in year of receipt of previously taxed earnings...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Controlled Foreign Corporations...

  17. 26 CFR 1.960-4 - Additional foreign tax credit in year of receipt of previously taxed earnings and profits.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 2010-04-01 false Additional foreign tax credit in year of receipt of previously taxed earnings...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Controlled Foreign Corporations §...

  18. 26 CFR 1.960-4 - Additional foreign tax credit in year of receipt of previously taxed earnings and profits.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 2013-04-01 true Additional foreign tax credit in year of receipt of previously taxed earnings...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Controlled Foreign Corporations...

  19. 76 FR 53818 - Determining the Amount of Taxes Paid for Purposes of the Foreign Tax Credit; Correction

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-08-30

    ...9535] RIN 1545-BK25 Determining the Amount of Taxes Paid for Purposes of the Foreign Tax Credit; Correction AGENCY: Internal Revenue...relating to the determination of the amount of taxes paid for purposes of the foreign tax...

  20. 26 CFR 20.2012-1 - Credit for gift tax.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 2010-04-01 false Credit for gift tax. 20.2012-1 Section 20.2012-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16, 1954...

  1. 26 CFR 20.2012-1 - Credit for gift tax.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 2013-04-01 true Credit for gift tax. 20.2012-1 Section 20.2012-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16, 1954...

  2. 26 CFR 20.2012-1 - Credit for gift tax.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 2010-04-01 true Credit for gift tax. 20.2012-1 Section 20.2012-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16, 1954...

  3. 26 CFR 20.2012-1 - Credit for gift tax.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 2012-04-01 false Credit for gift tax. 20.2012-1 Section 20.2012-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16, 1954...

  4. 26 CFR 20.2012-1 - Credit for gift tax.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 2013-04-01 false Credit for gift tax. 20.2012-1 Section 20.2012-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16, 1954...

  5. Health insurance tax credits, the earned income tax credit, and health insurance coverage of single mothers.

    PubMed

    Cebi, Merve; Woodbury, Stephen A

    2014-05-01

    The Omnibus Budget Reconciliation Act of 1990 enacted a refundable tax credit for low-income working families who purchased health insurance coverage for their children. This health insurance tax credit (HITC) existed during tax years 1991, 1992, and 1993, and was then rescinded. A difference-in-differences estimator applied to Current Population Survey data suggests that adoption of the HITC, along with accompanying increases in the Earned Income Tax Credit (EITC), was associated with a relative increase of about 4.7 percentage points in the private health insurance coverage of working single mothers with high school or less education. Also, a difference-in-difference-in-differences estimator, which attempts to net out the possible influence of the EITC increases but which requires strong assumptions, suggests that the HITC was responsible for about three-quarters (3.6 percentage points) of the total increase. The latter estimate implies a price elasticity of health insurance take-up of -0.42. PMID:23813687

  6. Expanding Choice: Tax Credits and Educational Access in Montana

    ERIC Educational Resources Information Center

    Carpenter, Dick M., II; Ross, John K.

    2009-01-01

    The evidence advanced in this report demonstrates that using tax credits to fund scholarships for students is both well-established and sound practice. Three existing credits allow taxpayer funds to flow to faith-based organizations, and one of those, the Qualified Endowment Credit, rewards contributions to more than a thousand charitable…

  7. Misplaying the Angles: A Closer Look at the Illinois Tuition Tax Credit Law.

    ERIC Educational Resources Information Center

    Pathak, Arohi; Wessely, Mike; Mincberg, Elliot

    In 1999, Illinois enacted its tuition tax credit law, which offers tax credits to taxpayers whose own children are attending school, as opposed to tax credits to businesses and/or individuals who contribute to tuition scholarship programs. Recent data suggest that the Illinois tax credit program is benefiting middle- and upper-class families more…

  8. 76 FR 27609 - Reduction of Foreign Tax Credit Limitation Categories Under Section 904(d); Correction

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-05-12

    ...Reduction of Foreign Tax Credit Limitation Categories Under Section 904(d); Correction...separate foreign tax credit limitation categories under section 904(d) of the Internal...With Respect to the Pre-2007 Separate Category for High Withholding Tax...

  9. 20 CFR 601.4 - Certification for tax credit.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...Certification and Findings With Respect to State Laws and Plans of Operation for Normal and Additional Tax Credit and Grant Purposes § 601...of a State unemployment compensation law for such purpose, the...

  10. 20 CFR 601.4 - Certification for tax credit.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...Certification and Findings With Respect to State Laws and Plans of Operation for Normal and Additional Tax Credit and Grant Purposes § 601...of a State unemployment compensation law for such purpose, the...

  11. 20 CFR 601.4 - Certification for tax credit.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...Certification and Findings With Respect to State Laws and Plans of Operation for Normal and Additional Tax Credit and Grant Purposes § 601...of a State unemployment compensation law for such purpose, the...

  12. 20 CFR 601.4 - Certification for tax credit.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...Certification and Findings With Respect to State Laws and Plans of Operation for Normal and Additional Tax Credit and Grant Purposes § 601...of a State unemployment compensation law for such purpose, the...

  13. 20 CFR 601.4 - Certification for tax credit.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...Certification and Findings With Respect to State Laws and Plans of Operation for Normal and Additional Tax Credit and Grant Purposes § 601...of a State unemployment compensation law for such purpose, the...

  14. Labor Supply Response to the Earned Income Tax Credit

    Microsoft Academic Search

    Nada Eissa; Jeffrey B Liebman

    1996-01-01

    This paper examines the impact of the Tax Reform Act of 1986 (TRA86), which included an expansion of the earned income tax credit, on the labor force participation and hours of work of single women with children. We identify the impact of TRA86 by comparing the change in labor supply of single women with children to the change for single

  15. The labour market impact of the working families’ tax credit

    Microsoft Academic Search

    Richard Blundell; Alan Duncan; Julian McCrae; Costas Meghir

    2000-01-01

    In October 1999, the working families’ tax credit (WFTC) replaced family credit as the main package of in-work support for families with children. Among a range of stated aims, the WFTC is intended to ‘... improve work incentives, encouraging people without work to move into employment’. In this paper, we consider the impact of WFTC on hours and participation. To

  16. 26 CFR 20.2011-1 - Credit for State death taxes.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 false Credit for State death taxes. 20.2011-1 Section 20...Tax § 20.2011-1 Credit for State death taxes. (a) In general. A...States (hereinafter referred to as “State death taxes”). The credit, however, is...

  17. Information About The American Opportunity and Lifetime Learning Education Tax Credits

    E-print Network

    Information About The American Opportunity and Lifetime Learning Education Tax Credits and the Above-the-Line Tax Deduction Tax Year 2013 TAX CREDITS AND DEDUCTIONS FOR COLLEGE EDUCATION everal education tax benefits are available to lessen the financial burdens of higher education. Changes from

  18. 18 CFR 367.4111 - Account 411.1, Provision for deferred income taxes-Credit, operating income.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...Account 411.1, Provision for deferred income taxes-Credit, operating income...Account 411.1, Provision for deferred income taxes—Credit, operating income...amounts of those allocations of deferred taxes and deferrals of taxes,...

  19. 18 CFR 367.4111 - Account 411.1, Provision for deferred income taxes-Credit, operating income.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...Account 411.1, Provision for deferred income taxes-Credit, operating income...Account 411.1, Provision for deferred income taxes—Credit, operating income...amounts of those allocations of deferred taxes and deferrals of taxes,...

  20. 2 Authors Say Routledge Recycled Their Work without Giving Credit

    ERIC Educational Resources Information Center

    Bartlett, Thomas

    2008-01-01

    This article reports on two authors' work that has been recycled by Routledge without giving credit or royalty. When William E. Deal casually flipped through "Theory for Performance Studies: A Student's Guide," published this year by Routledge, he noticed a few familiar sentences. After taking a closer look, Mr. Deal, a professor of religious…

  1. Influences on Authorship Issues: An Evaluation of Giving Credit

    Microsoft Academic Search

    Jeffrey I. Seeman; Mark C. House

    2010-01-01

    A survey on authorship issues was conducted with academic chemists in Ph.D.-granting institutions in the United States. Six hundred faculty members responded. The respondents reported a wide range in their attitudes and behavior regarding giving credit in a publication. The various guidelines for authorship are independent of academic background factors such as the relationship between the senior author and the

  2. 75 FR 52393 - Proposed Data Collection; Comment Request: New Markets Tax Credit (NMTC) Program-Allocation...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-08-25

    ...Development Financial Institutions Fund Proposed...Request: New Markets Tax Credit...Development Financial Institutions (CDFI) Fund...concerning the New Markets Tax Credit...Development Financial Institutions Fund,...

  3. 76 FR 39341 - Encouraging New Markets Tax Credit Non-Real Estate Investments; Correction

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-07-06

    ...1545-BK21 Encouraging New Markets Tax Credit Non-Real Estate Investments; Correction AGENCY: Internal Revenue Service...tax credit program may be amended to encourage non-real estate investments. FOR FURTHER INFORMATION CONTACT:...

  4. 26 CFR 1.901-1T - Allowance of credit for taxes (temporary).

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... Allowance of credit for taxes (temporary). 1.901-1T Section 1.901-1T Internal Revenue INTERNAL REVENUE SERVICE...Income from Sources Without the United States § 1.901-1T Allowance of credit for taxes...

  5. Tax Credits and Renewable Generation (released in AEO2009)

    EIA Publications

    2009-01-01

    Tax incentives have been an important factor in the growth of renewable generation over the past decade, and they could continue to be important in the future. The Energy Tax Act of 1978 (Public Law 95-618) established ITCs for wind, and EPACT92 established the Renewable Electricity Production Credit (more commonly called the PTC) as an incentive to promote certain kinds of renewable generation beyond wind on the basis of production levels. Specifically, the PTC provided an inflation-adjusted tax credit of 1.5 cents per kilowatthour for generation sold from qualifying facilities during the first 10 years of operation. The credit was available initially to wind plants and facilities that used closed-loop biomass fuels and were placed in service after passage of the Act and before June 1999.

  6. 75 FR 51913 - Prohibition of the Escrowing of Tax Credit Equity

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-08-23

    ...Part 200 Prohibition of the Escrowing of Tax Credit Equity; Final Rule Federal Register...2502-AI73 Prohibition of the Escrowing of Tax Credit Equity AGENCY: Office of the Assistant...of 2008 that prohibits a requirement that tax credit sales proceeds be placed into...

  7. 76 FR 32880 - Encouraging New Markets Tax Credit Non-Real Estate Investments

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-06-07

    ...RIN 1545-BK21 Encouraging New Markets Tax Credit Non-Real Estate Investments AGENCY...regulations relating to the new markets tax credit. Specifically, this document invites...comments from the public on how the new markets tax credit program may be amended to...

  8. Education Tax Credits in a Post-"Zelman" Era: Legal, Political, and Policy Alternatives to Vouchers?

    ERIC Educational Resources Information Center

    Huerta, Luis A.; d'Entremont, Chad

    2007-01-01

    This article examines an emerging preference for education tax credit programs in a post-"Zelman" era. First, the authors detail the origin of tax credits and the types of existing plans. Second, they review the assumptions underlying the supposed advantages that may favor tax credits as a feasible alternative to vouchers. Third, they analyze…

  9. Oregon UniversityVenture Development Fund (UVDF) A new tax credit program supporting

    E-print Network

    Bertini, Robert L.

    for the State of Oregon charitable deduction. Federal charitable deduction: 100 percent of gifts to UVDF may credit: Sixty percent of your gift to the UVDF is eligible for a tax credit. In any one year, you can use up to 20 percent of your total contribution as a tax credit, not to exceed a donor's Oregon tax

  10. The Earned Income Tax Credit and the Labor Supply of Married Couples

    Microsoft Academic Search

    Nada Eissa; Hilary Williamson Hoynes

    1998-01-01

    Over 18 million taxpayers are projected to receive the Earned Income Tax Credit (EITC) in tax year 1997, at a total cost to the federal government of about 25 billion dollars. The EITC is refundable, so that any amount of the credit exceeding the family's tax liability is returned in the form of a cash refund. Advocates of the credit

  11. 26 CFR 1.904-1 - Limitation on credit for foreign taxes.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 false Limitation on credit for foreign taxes. 1.904-1 Section 1.904-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  12. 26 CFR 20.2014-1 - Credit for foreign death taxes.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... 2012-04-01 false Credit for foreign death taxes. 20.2014-1 Section 20.2014-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,...

  13. 26 CFR 1.909-6T - Pre-2011 foreign tax credit splitting events (temporary).

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 2013-04-01 true Pre-2011 foreign tax credit splitting events (temporary). 1.909-6T...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Earned Income of Citizens Or...

  14. 26 CFR 1.909-6T - Pre-2011 foreign tax credit splitting events (temporary).

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 2013-04-01 false Pre-2011 foreign tax credit splitting events (temporary). 1.909-6T...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Earned Income of Citizens Or...

  15. 26 CFR 20.2014-1 - Credit for foreign death taxes.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... 2010-04-01 false Credit for foreign death taxes. 20.2014-1 Section 20.2014-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,...

  16. 26 CFR 1.904-1 - Limitation on credit for foreign taxes.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 false Limitation on credit for foreign taxes. 1.904-1 Section 1.904-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  17. 26 CFR 1.904-1 - Limitation on credit for foreign taxes.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 false Limitation on credit for foreign taxes. 1.904-1 Section 1.904-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  18. 26 CFR 1.904-1 - Limitation on credit for foreign taxes.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 false Limitation on credit for foreign taxes. 1.904-1 Section 1.904-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  19. 26 CFR 1.909-6T - Pre-2011 foreign tax credit splitting events (temporary).

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 2012-04-01 false Pre-2011 foreign tax credit splitting events (temporary). 1.909-6T...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Earned Income of Citizens Or...

  20. 26 CFR 1.904-1 - Limitation on credit for foreign taxes.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 false Limitation on credit for foreign taxes. 1.904-1 Section 1.904-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Income from Sources Without the United States...

  1. 26 CFR 20.2014-1 - Credit for foreign death taxes.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... 2013-04-01 false Credit for foreign death taxes. 20.2014-1 Section 20.2014-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,...

  2. 26 CFR 157.6696-1 - Claims for credit or refund by tax return preparers.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...DEPARTMENT OF THE TREASURY (CONTINUED) MISCELLANEOUS EXCISE TAXES (CONTINUED) EXCISE TAX ON STRUCTURED SETTLEMENT FACTORING TRANSACTIONS Procedure and Administration § 157.6696-1 Claims for credit or refund by tax return preparers....

  3. Earned Income Tax Credits to 66,000 Employed Families in Milwaukee County during the

    E-print Network

    Saldin, Dilano

    Earned Income Tax Credits to 66,000 Employed Families in Milwaukee County during the Economic Recession Families receiving the EIC for state 2009 tax returns (dots are distributed randomly within tax credits (EIC) received by families in Milwaukee County based on their 2009 tax returns (filed

  4. 75 FR 55849 - Proposed Collection; Comment Request for Form 1097-BTC, Bond Tax Credit

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-09-14

    ...Form 1097-BTC, Bond Tax Credit AGENCY: Internal...Reduction Act of 1995, Public Law 104-13 (44 U.S.C...Form 1097-BTC, Bond Tax Credit. DATES: Written...of any internal revenue law. Generally, tax returns and tax...

  5. Toward Market Education: Are Vouchers or Tax Credits the Better Path? Policy Analysis No. 392.

    ERIC Educational Resources Information Center

    Coulson, Andrew J.

    This paper compares voucher and tax credit programs on how well they manifest the necessary conditions for market education and allow all families to participate in that market. Voucher programs include targeted and universal programs. The tax credit proposal is a nonrefundable, education credit composed of: a parental choice credit for taxpayers…

  6. Iowa's Research Activities Tax Credits Program Evaluation Study

    E-print Network

    Lin, Zhiqun

    Development Authority, Liesl Eathington of Iowa State University, Deb Ostrem of Iowa Workforce Development Council, Dr. John Solow of the University of Iowa, and Ed Wallace of Iowa Workforce Development. (The can be found on the Tax Credits Tracking and Analysis Program Web page on the Iowa Department

  7. The Effect of Tuition Tax Credits on Urban Schools.

    ERIC Educational Resources Information Center

    Casserly, Michael; Hunter, Bruce

    Profiles of 65 urban American school systems are presented, showing that programmed and projected annual Federal per pupil expenditures in public and private schools between 1980-81 and 1984-85, as these would be affected by proposed Federal budget cuts and tuition tax credits for parents of private school students to equalize Federal aid to…

  8. Ethanol battle heats up over EPA rule, tax credit

    Microsoft Academic Search

    Begley

    1992-01-01

    The ongoing political battle over ethanol's role in federal clean fuels programs is heating up. The Senate passed an energy bill containing additional tax credits for ethanol, and the corn growers lobby last Wednesday called on the Administration to make a decision on the alcohol's place in reformulated gasoline by August 25. In late March, the Environment Protection Agency proposed

  9. St. Louis Blues: Tax Credits down and out in Missouri

    ERIC Educational Resources Information Center

    Rich, Wilbur C.

    2008-01-01

    Many school choice enthusiasts think school choice legislation can be passed if only a number of minority political leaders can be won to the cause. Polls show that African Americans are among the strongest supporters of vouchers, tax credits, and charter schools. If minority leaders can be weaned away from traditional alliances, the underlying…

  10. Moral Consideration Regarding the Arizona Tax Credit Law.

    ERIC Educational Resources Information Center

    Rud, Anthony G., Jr.

    2000-01-01

    Comments on the language used in the Arizona tax credit law and by commentators on this law and discusses a factor that fuels the impetus for sectarian education. Explores these questions in the context of the social, cognitive, and moral costs of privatization. (SLD)

  11. Women, Education and the Law: Vouchers, Tax Credits, & Legal Confusion

    ERIC Educational Resources Information Center

    First, Patricia F.

    2003-01-01

    In early 2003, two distinguished researchers in school law analyzed aspects of the law vis-a-vis vouchers and tax credits and the public schools (McCarthy, 2003; Welner, 2003). The issues were confusing, and the author wondered how educators and the public responded. How can policy makers make reasonable decisions about public education without a…

  12. 26 CFR 1.960-1 - Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 2013-04-01 false Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED)...

  13. 26 CFR 1.960-1 - Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 2011-04-01 false Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED)...

  14. 26 CFR 31.6402(a)-2 - Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 false Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act. 31.6402(a)-2 Section 31...THE TREASURY (CONTINUED) EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT...

  15. 26 CFR 1.960-1 - Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... 2014-04-01 2013-04-01 true Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED)...

  16. 26 CFR 31.6402(a)-2 - Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 false Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act. 31.6402(a)-2 Section 31...THE TREASURY (CONTINUED) EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT...

  17. 26 CFR 31.6402(a)-2 - Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 false Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act. 31.6402(a)-2 Section 31...THE TREASURY (CONTINUED) EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT...

  18. 26 CFR 31.6402(a)-2 - Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 false Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act. 31.6402(a)-2 Section 31...THE TREASURY (CONTINUED) EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT...

  19. 26 CFR 1.960-1 - Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 2010-04-01 false Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Controlled...

  20. 26 CFR 1.960-1 - Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 2012-04-01 false Foreign tax credit with respect to taxes paid on earnings and profits of controlled foreign...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED)...

  1. 26 CFR 31.6402(a)-2 - Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 false Credit or refund of tax under Federal Insurance Contributions Act or Railroad Retirement Tax Act. 31.6402(a)-2 Section 31...THE TREASURY (CONTINUED) EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT...

  2. State-Level R&D Tax Credits: A Firm-Level Analysis

    Microsoft Academic Search

    Lolita A. Paff

    2005-01-01

    California’s changes in R&D tax credit rates on biopharmaceutical and software firms’ research investment during 1994-1996 and 1997-1999 is compared using two approaches. Consistent with the federal research tax credit literature, the difference-in-differences analysis provides some evidence of increased R&D expenditure in response to research tax credit rate increases. In contrast, the estimated tax price elasticities obtained by computing and

  3. 26 CFR 1.280F-2T - Limitations on recovery deductions and the investment tax credit for certain passenger...

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... Limitations on recovery deductions and the investment tax credit for certain passenger...INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED... Limitations on recovery deductions and the investment tax credit for certain...

  4. 26 CFR 5c.168(f)(8)-7 - Reporting of income, deductions and investment tax credit; at risk rules.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...the at risk rules under the investment tax credit provisions and section 465...owner of the leased property for Federal tax law purposes, the lessor under a section...allowed ACRS deductions or investment tax credits with respect to the...

  5. 26 CFR 5c.168(f)(8)-7 - Reporting of income, deductions and investment tax credit; at risk rules.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...the at risk rules under the investment tax credit provisions and section 465...owner of the leased property for Federal tax law purposes, the lessor under a section...allowed ACRS deductions or investment tax credits with respect to the...

  6. 26 CFR 5c.168(f)(8)-7 - Reporting of income, deductions and investment tax credit; at risk rules.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...the at risk rules under the investment tax credit provisions and section 465...owner of the leased property for Federal tax law purposes, the lessor under a section...allowed ACRS deductions or investment tax credits with respect to the...

  7. 26 CFR 5c.168(f)(8)-7 - Reporting of income, deductions and investment tax credit; at risk rules.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...the at risk rules under the investment tax credit provisions and section 465...owner of the leased property for Federal tax law purposes, the lessor under a section...allowed ACRS deductions or investment tax credits with respect to the...

  8. Tax Reform and Individual Giving to Higher Education.

    ERIC Educational Resources Information Center

    Auten, Gerald E.; Rudney, Gabriel G.

    1986-01-01

    Higher education benefits from several United States tax law provisions, including deductibility of charitable contributions. Recent tax reform proposals could increase would-be donors' net cost by reducing tax incentives. This paper links lower tax rates to a significant future reduction in educational philanthropy. (18 references) (MLH)

  9. Titmuss revisited: from tax credits to markets.

    PubMed

    Taylor, James Stacey

    2012-08-01

    Petersen and Lippert-Rasmussen argue that persons who decide to be organ donors should receive a tax break, and then defend their view against eight possible objections. However, they misunderstand the Titmuss-style concerns that might be raised against their proposal. This does not mean that it should be rejected, but, instead, that when it is reconfigured to meet the Titmuss-style charges against it, they should support legalizing markets in human organs rather than merely offering tax breaks to encourage their donation. PMID:22411747

  10. Tax Credit Scholarship Programs and the Law

    ERIC Educational Resources Information Center

    Sutton, Lenford C.; Spearman, Patrick Thomas

    2014-01-01

    After "Zelman v. Simmons-Harris" (2002), civil conflict over use of vouchers and taxes to purchase private education, especially in religious schools, largely remained an issue for state courts' jurisprudence. However, in 2010, it returned to the U.S. Supreme Court when Arizona taxpayers challenged the constitutionality of the…

  11. 26 CFR 1.45D-1 - New markets tax credit.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ... 2011-04-01 2009-04-01 true New markets tax credit. 1.45D-1 Section 1.45D-1 Internal...INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY INCOME TAX INCOME TAXES Rules for Computing Credit for Investment in...

  12. An Empirical Evaluation of the Florida Tax Credit Scholarship Program. School Choice Issues in the State

    ERIC Educational Resources Information Center

    Forster, Greg; D'Andrea, Christian

    2009-01-01

    This study examines the Florida Tax Credit Scholarship program, one of the nation's largest school choice programs. It is the first ever completed empirical evaluation of a tax-credit scholarship program, a type of program that creates school choice through the tax code. Earlier reports, including a recent one on the Florida program, have not…

  13. Tuition Tax Credits: What Do We Know So Far? Occasional Paper.

    ERIC Educational Resources Information Center

    Belfield, Clive R.

    This paper reviews the economics of tuition tax credits (TTCs). TTCs can be described in terms of "finance" and "regulation." They allow individuals to spend money on education services and to offset at least a portion of that expenditure against their tax liability. There are few economic studies of tax credits, but they stress two questions:…

  14. A Failed Experiment: Georgia's Tax Credit Scholarships for Private Schools. Special Summary

    ERIC Educational Resources Information Center

    Southern Education Foundation, 2011

    2011-01-01

    Georgia is one of seven states that currently allow tax credits for scholarships to private schools. The law permits individual taxpayers in Georgia to reduce annual state taxes up to $2,500 for joint returns when they divert funds to a student scholarship organization (SSO). Georgia's law providing tax credits for private school tuition grants or…

  15. 17 CFR 256.411 - Provision for deferred income taxes-credit.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 false Provision for deferred income taxes-credit. 256.411 Section... § 256.411 Provision for deferred income taxes—credit. This account shall...accordance with the plan of deferred tax accounting provided by the...

  16. 17 CFR 256.411 - Provision for deferred income taxes-credit.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 false Provision for deferred income taxes-credit. 256.411 Section... § 256.411 Provision for deferred income taxes—credit. This account shall...accordance with the plan of deferred tax accounting provided by the...

  17. 26 CFR 1.6696-1 - Claims for credit or refund by tax return preparers or appraisers.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 false Claims for credit or refund by tax return preparers or appraisers. 1.6696-1...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Additions to the Tax,...

  18. 26 CFR 1.6696-1 - Claims for credit or refund by tax return preparers or appraisers.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 false Claims for credit or refund by tax return preparers or appraisers. 1.6696-1...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Additions to the Tax,...

  19. 26 CFR 1.6696-1 - Claims for credit or refund by tax return preparers or appraisers.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 false Claims for credit or refund by tax return preparers or appraisers. 1.6696-1...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Additions to the Tax, Additional Amounts,...

  20. 26 CFR 1.6696-1 - Claims for credit or refund by tax return preparers or appraisers.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 false Claims for credit or refund by tax return preparers or appraisers. 1.6696-1...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Additions to the Tax,...

  1. A flexible benefits tax credit for health insurance and more.

    PubMed

    Etheredge, Lynn

    2001-01-01

    This essay outlines a concept for a "flexible benefits" tax credit for expanding health insurance coverage and other purposes such as retirement savings plans (with potential withdrawals for higher education, first-home ownership, and catastrophic medical expenses). Two examples are presented. The advantages of a flexible benefits tax credit are considered in terms of efficient use of the budget surplus to help meet the varied (and changing) needs of American families, to eliminate major national gaps in health insurance and pension coverage, and to advance other objectives. If the budget surplus is used wisely, political decisionmakers could achieve health insurance coverage for most uninsured workers and children and assure a future with real economic security for American families. PMID:11911320

  2. 26 CFR 1.36B-4 - Reconciling the premium tax credit with advance credit payments.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...tax for 2014. Example 6. Taxpayers divorce during the taxable year, 50 percent allocation...880/12 = $573. (ii) V and W divorce on June 17, 2014, and obtain separate...additional credit. Example 7. Taxpayers divorce during the taxable year, allocation...

  3. 26 CFR 1.36B-4 - Reconciling the premium tax credit with advance credit payments.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...tax for 2014. Example 6. Taxpayers divorce during the taxable year, 50 percent allocation...880/12 = $573. (ii) V and W divorce on June 17, 2014, and obtain separate...additional credit. Example 7. Taxpayers divorce during the taxable year, allocation...

  4. Charter school tax credit: Investing in human capital

    Microsoft Academic Search

    Ian Galloway

    2010-01-01

    This working paper considers how two existing policy tools--investment tax credits and charter schools--could be combined to raise operating funds for charter schools that successfully close the poverty-related academic achievement gap. Some charter schools have succeeded in dramatically improving low-income student performance (those run by KIPP, Achievement First, and the Harlem Children's Zone, for example). However, these successful schools differ

  5. Analyzing the interaction between state tax incentives and the federal production tax credit for wind power

    SciTech Connect

    Wiser, Ryan; Bolinger, Mark; Gagliano, Troy

    2002-09-01

    This study analyzes the potential impact of state tax incentives on the federal production tax credit (PTC) for large-scale wind power projects. While the federal PTC provides critical support to wind plants in the U.S., its so-called ''double-dipping'' provisions may also diminish the value of - or make ineffectual - certain types of state wind power incentives. In particular, if structured the wrong way, state assistance programs will undercut the value of the federal PTC to wind plant owners. It is therefore critical to determine which state incentives reduce the federal PTC, and the magnitude of this reduction. Such knowledge will help states determine which wind power incentives can be the most effective. This research concludes that certain kinds of state tax incentives are at risk of reducing the value of the federal PTC, but that federal tax law and IRS rulings are not sufficiently clear to specify exactly what kinds of incentives trigger this offset. State investment tax credits seem most likely to reduce federal PTC payments; the impact of state production tax credits as well as state property and sales tax incentives is more uncertain. Further IRS rulings will be necessary to gain clarity on these issues. State policymakers can seek such guidance from the IRS. While the IRS may not issue a definitive ''revenue ruling'' on requests from state policymakers, the IRS has in the past been willing to provide general information letters that can provide non-binding clarification on these matters. Private wind power developers, meanwhile, may seek guidance through ''private letter'' rulings.

  6. The Low-Income Housing Tax Credit : HERA, ARRA and beyond

    E-print Network

    Korb, Jason (Jason Bryan Patricof)

    2009-01-01

    The Low-Income Housing Tax Credit (LIHTC) has arguably been the most successful government subsidy to finance affordable housing. Since its creation in the Tax Reform Act of 1986 as Internal Revenue Code (IRC) Section 42, ...

  7. 47 CFR 32.4320 - Unamortized operating investment tax credits-net.

    Code of Federal Regulations, 2010 CFR

    2010-10-01

    ...CONTINUED) COMMON CARRIER SERVICES UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions for Balance Sheet Accounts § 32.4320 Unamortized operating investment tax credits—net. (a) This account shall be credited...

  8. 12 CFR 221.123 - Combined credit for exercising employee stock options and paying income taxes incurred as a...

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...Combined credit for exercising employee stock options and paying income taxes incurred...PURPOSE OF PURCHASING OR CARRYING MARGIN STOCK (REGULATION U) Interpretations ...Combined credit for exercising employee stock options and paying income taxes...

  9. 26 CFR 1.383-2 - Limitations on certain capital losses and excess credits in computing alternative minimum tax...

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...Limitations on certain capital losses and excess credits in computing alternative minimum tax. [Reserved] 1.383-2 Section...Limitations on certain capital losses and excess credits in computing alternative minimum tax....

  10. 26 CFR 1.383-2 - Limitations on certain capital losses and excess credits in computing alternative minimum tax...

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...Limitations on certain capital losses and excess credits in computing alternative minimum tax. [Reserved] 1.383-2 Section...Limitations on certain capital losses and excess credits in computing alternative minimum tax....

  11. Does Competition Improve Public Schools? New Evidence from the Florida Tax-Credit Scholarship Program

    ERIC Educational Resources Information Center

    Figlio, David; Hart, Cassandra M. D.

    2011-01-01

    Programs that enable students to attend private schools, including both vouchers and scholarships funded with tax credits, have become increasingly common in recent years. This study examines the impact of the nation's largest private school scholarship program on the performance of students who remain in the public schools. The Florida Tax Credit

  12. 78 FR 52719 - Tax Credit for Employee Health Insurance Expenses of Small Employers

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-08-26

    ...1545-BL55 Tax Credit for Employee Health Insurance Expenses of Small Employers...certain small employers that offer health insurance coverage to their employees...Section 45R(a) provides for a health insurance tax credit in the case of...

  13. 26 CFR 1.901-1 - Allowance of credit for taxes.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 false Allowance of credit for taxes. 1.901-1 Section 1.901-1 Internal Revenue INTERNAL REVENUE SERVICE...Income from Sources Without the United States § 1.901-1 Allowance of credit for taxes. (a)...

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

    ERIC Educational Resources Information Center

    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…

  15. 26 CFR 5c.168(f)(8)-7 - Reporting of income, deductions and investment tax credit; at risk rules.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...deductions and investment tax credit; at...REGULATIONS UNDER THE ECONOMIC RECOVERY TAX ACT...deductions and investment tax credit; at...lessee, such as a change in the interest...The amount of the investment credit and ACRS...has a 10-year economic life and...

  16. 26 CFR 1.1247-4 - Election by foreign investment company with respect to foreign tax credit.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...foreign investment company with respect to foreign tax credit. 1.1247-4 Section 1.1247-4 ...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Special Rules for Determining...

  17. 26 CFR 1.1247-4 - Election by foreign investment company with respect to foreign tax credit.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...foreign investment company with respect to foreign tax credit. 1.1247-4 Section 1.1247-4 ...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Special Rules for Determining...

  18. 26 CFR 1.901-3 - Reduction in amount of foreign taxes on foreign mineral income allowed as a credit.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 false Reduction in amount of foreign taxes on foreign mineral income allowed as a credit...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  19. 26 CFR 1.901-3 - Reduction in amount of foreign taxes on foreign mineral income allowed as a credit.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 false Reduction in amount of foreign taxes on foreign mineral income allowed as a credit...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  20. 26 CFR 1.1247-4 - Election by foreign investment company with respect to foreign tax credit.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...foreign investment company with respect to foreign tax credit. 1.1247-4 Section 1.1247-4 ...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Special Rules for Determining...

  1. 26 CFR 1.901-3 - Reduction in amount of foreign taxes on foreign mineral income allowed as a credit.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 false Reduction in amount of foreign taxes on foreign mineral income allowed as a credit...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  2. 26 CFR 1.901-3 - Reduction in amount of foreign taxes on foreign mineral income allowed as a credit.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 false Reduction in amount of foreign taxes on foreign mineral income allowed as a credit...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  3. 26 CFR 1.1247-4 - Election by foreign investment company with respect to foreign tax credit.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...foreign investment company with respect to foreign tax credit. 1.1247-4 Section 1.1247-4 ...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Special Rules for Determining...

  4. 26 CFR 1.1247-4 - Election by foreign investment company with respect to foreign tax credit.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...foreign investment company with respect to foreign tax credit. 1.1247-4 Section 1.1247-4 ...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Special Rules for Determining Capital Gains...

  5. 18 CFR 367.4112 - Account 411.2, Provision for deferred income taxes-Credit, other income and deductions.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...Account 411.2, Provision for deferred income taxes-Credit, other income and...Account 411.2, Provision for deferred income taxes—Credit, other income and...amounts of those allocations of deferred taxes and deferrals of taxes,...

  6. 18 CFR 367.4112 - Account 411.2, Provision for deferred income taxes-Credit, other income and deductions.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...Account 411.2, Provision for deferred income taxes-Credit, other income and...Account 411.2, Provision for deferred income taxes—Credit, other income and...amounts of those allocations of deferred taxes and deferrals of taxes,...

  7. 26 CFR 20.2014-1 - Credit for foreign death taxes.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 2010-04-01 true Credit for foreign death taxes. 20.2014-1 Section 20.2014-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,...

  8. 26 CFR 20.2011-1 - Credit for State death taxes.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 2013-04-01 true Credit for State death taxes. 20.2011-1 Section 20.2011-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,...

  9. 26 CFR 20.2011-1 - Credit for State death taxes.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 2010-04-01 false Credit for State death taxes. 20.2011-1 Section 20.2011-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,...

  10. 26 CFR 20.2011-1 - Credit for State death taxes.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...2012-04-01 2012-04-01 false Credit for State death taxes. 20.2011-1 Section 20.2011-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,...

  11. 26 CFR 20.2011-1 - Credit for State death taxes.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 2010-04-01 true Credit for State death taxes. 20.2011-1 Section 20.2011-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,...

  12. 26 CFR 20.2014-1 - Credit for foreign death taxes.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 2013-04-01 true Credit for foreign death taxes. 20.2014-1 Section 20.2014-1 Internal...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16,...

  13. The Arizona Education Tax Credit and Hidden Considerations of Justice: Why We Ought To Fight Poverty, Not Taxes.

    ERIC Educational Resources Information Center

    Moses, Michele S.

    2000-01-01

    Describes the Arizona education tax credit law as a voucher plan in disguise, and argues that the concept of justice underlying the law is an element largely missing from the school choice debate. Calls on educators and policymakers to concentrate on efforts to help needy students rather than to channel tax dollars toward self-interested ends.…

  14. Income tax season is just around the corner and it is important for all parents of children living with diabetes to be familiar with the Disability Tax Credit (DTC) and subsequently, the Child

    E-print Network

    Morris, Joy

    Income tax season is just around the corner and it is important for all parents of children living with diabetes to be familiar with the Disability Tax Credit (DTC) and subsequently, the Child Disability Benefit (CDB). The Disability Tax Credit is a non-refundable tax credit that reduces the amount of income tax

  15. If we owe you tax, you can give your repayment to a charity of your choice

    E-print Network

    Anderson, Jim

    If we owe you tax, you can give your repayment to a charity of your choice simply by filling've got the code, all you have to do is fill in the form and send it back to us with your Tax Return. We your tax bill to fill in the form ­ if you don't know how much we owe you, you can either tell us

  16. The Case for the Charitable Deduction: A Deduction, Not a Credit. A Guide to Tax Policy and Higher Education. Tax Studies Paper No. 3.

    ERIC Educational Resources Information Center

    Council for Advancement and Support of Education, Washington, DC.

    Reasons for continuing to allow the charitable deduction for income tax purposes rather than changing to a tax credit equal to 30 percent of a person's charitable donations are presented. It is projected that support for certain charities, primarily colleges and universities, would decline after implementation of a tax credit system. The current…

  17. Estate and Gift Taxes and Incentives for Inter Vivos Giving in the United States

    Microsoft Academic Search

    James Poterba

    1998-01-01

    This paper describes the current estate and gift tax rules that apply to intergenerational transfers in the United States. It summarizes the incentives for inter vivos giving as a strategy for reducing estate tax liability. It shows that the current level of intergenerational transfers is much lower than the level that would be implied by simple models of dynastic utility

  18. Residential energy-tax-credit eligibility: a case study for the heat-pump water heater

    SciTech Connect

    Cohn, S M; Cardell, N S

    1982-09-01

    Described are the methodology and results of an analysis to determine the eligibility of an energy-efficient item for the residential energy-tax credit. Although energy credits are granted only on a national basis, an attempt to determine the tax-credit eligibility for an item such as the heat-pump water heater (HPWH) analyzing national data is inappropriate. The tax-credit eligibility of the HPWH is evaluated for the ten federal regions to take into consideration the regional differences of: (1) HPWH annual efficiency, (2) existing water heater stocks by fuel type, (3) electricity, fuel oil, and natural-gas price variations, and (4) electric-utility oil and gas use for electricity generation. A computer model of consumer choice of HPWH selection as well as a computer code evaluating the economics of tax-credit eligibility on a regional basis were developed as analytical tools for this study. The analysis in this report demonstrates that the HPWH meets an important criteria for eligibility by the Treasury Department for an energy tax credit (nationally, the estimated dollar value of savings of oil and gas over the lifetime of those HPWH's sold during 1981 to 1985 due to the tax credit exceeds the revenue loss to the treasury). A natural-gas price-deregulation scenario is one of two fuel scenarios that are evaluated using the equipment choice and tax-credit models. These two cases show the amounts of oil and gas saved by additional HPWH units sold (due to the tax credit during 1981 to 1985 (range from 13.9 to 23.1 million barrels of oil equivalent over the lifetime of the equipment.

  19. The Merits of Giving an Extra Credit Quiz

    ERIC Educational Resources Information Center

    Carroll, Ryall

    2014-01-01

    In the past, Ryall Carroll struggled to get students to arrive on time, read the material in advance of the class, and to start class on topic. In an attempt to address these issues, he started implementing an extra-credit two-question quiz at the beginning of every class, hoping it would provide a small incentive for students to at least come on…

  20. Low income housing tax credit properties : non-profit disposition strategies in the Commonwealth

    E-print Network

    Lew-Hailer, Lillian

    2007-01-01

    This thesis examines how non-profit owners in Massachusetts have maintained affordability and ownership of Low-Income Housing Tax Credit (LIHTC) properties after the initial fifteen-year compliance period, at the lowest ...

  1. 76 FR 77454 - New Markets Tax Credit Non-Real Estate Investments; Hearing Cancellation

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-12-13

    ...REG-128224-06] RIN 1545-BF80 New Markets Tax Credit Non-Real Estate Investments; Hearing Cancellation AGENCY: Internal...rulemaking providing guidance on which costs incurred by estates or trusts other than grantor trusts (non-grantor...

  2. Analysis of Alternative Extensions of the Existing Production Tax Credit for Wind Generators

    EIA Publications

    2007-01-01

    Requestor: Ms. Janice Mays, Chief Counsel, Committee on Ways & Means, U.S. House of Representatives This is a letter response requesting analysis of alternative extensions of the existing production tax credit (PTC) that would apply to wind generators only.

  3. 26 CFR 1.904(j)-1 - Certain individuals exempt from foreign tax credit limitation.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...exempt from foreign tax credit limitation. 1.904(j)-1 Section 1.904(j)-1 Internal Revenue INTERNAL REVENUE SERVICE...from Sources Without the United States § 1.904(j)-1 Certain individuals exempt from foreign...

  4. 26 CFR 1.904(j)-1 - Certain individuals exempt from foreign tax credit limitation.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...exempt from foreign tax credit limitation. 1.904(j)-1 Section 1.904(j)-1 Internal Revenue INTERNAL REVENUE SERVICE...from Sources Without the United States § 1.904(j)-1 Certain individuals exempt from foreign...

  5. 26 CFR 1.904(j)-1 - Certain individuals exempt from foreign tax credit limitation.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...exempt from foreign tax credit limitation. 1.904(j)-1 Section 1.904(j)-1 Internal Revenue INTERNAL REVENUE SERVICE...from Sources Without the United States § 1.904(j)-1 Certain individuals exempt from foreign...

  6. 26 CFR 1.904(j)-1 - Certain individuals exempt from foreign tax credit limitation.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...exempt from foreign tax credit limitation. 1.904(j)-1 Section 1.904(j)-1 Internal Revenue INTERNAL REVENUE SERVICE...from Sources Without the United States § 1.904(j)-1 Certain individuals exempt from foreign...

  7. 26 CFR 1.904(j)-1 - Certain individuals exempt from foreign tax credit limitation.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...exempt from foreign tax credit limitation. 1.904(j)-1 Section 1.904(j)-1 Internal Revenue INTERNAL REVENUE SERVICE...from Sources Without the United States § 1.904(j)-1 Certain individuals exempt from foreign...

  8. PAYBACK ON RESIDENTIAL PV SYSTEMS WITH 2009-2016 UNCAPPED 30% FEDERAL INVESTMENT TAX CREDIT

    Microsoft Academic Search

    Andy Black

    The United States federal government enacted an extension and expansion of the 30% Federal Investment Tax Credit (ITC) for individual (residential) tax filers in October 2008. The expansion from a former cap of $2,000 on the ITC to the new uncapped full 30% ITC substantially reduces the net cost of ownership, and thereby dramatically improves the potential financial returns and

  9. Welfare, the Earned Income Tax Credit, and the Labor Supply of Single Mothers

    Microsoft Academic Search

    Bruce D. Meyer; Dan T. Rosenbaum

    1998-01-01

    During 1984-1996, welfare and tax policy were changed to encourage work by single mothers. The Earned Income Tax Credit was expanded, welfare benefits were cut, welfare time limits were added and welfare cases were terminated, Medicaid for the working poor was expanded, as were training programs and child care. During this same time period there were unprecedented increases in the

  10. Welfare, The Earned Income Tax Credit, And The Labor Supply Of Single Mothers

    Microsoft Academic Search

    Bruce D. Meyer; Dan T. Rosenbaum

    2001-01-01

    During 1984-1996, welfare and tax policy were changed to encourage work by single mothers. The Earned Income Tax Credit was expanded, welfare benefits were cut, welfare time limits were added, and welfare cases were terminated. Medicaid for the working poor was expanded, as were training programs and child care. During this same time period there were unprecedented increases in the

  11. Production Tax Credit for Renewable Electricity Generation (released in AEO2005)

    EIA Publications

    2005-01-01

    In the late 1970s and early 1980s, environmental and energy security concerns were addressed at the federal level by several key pieces of energy legislation. Among them, the Public Utility Regulatory Policies Act of 1978 (PURPA), P.L. 95-617, required regulated power utilities to purchase alternative electricity generation from qualified generating facilities, including small-scale renewable generators; and the Investment Tax Credit (ITC), P.L. 95-618, part of the Energy Tax Act of 1978, provided a 10% federal tax credit on new investment in capital-intensive wind and solar generation technologies.

  12. High Credit-Card Interest Rates: What Gives? Chairman Greenspan and his colleagues on the Federal Open Market Committee have

    E-print Network

    Ahmad, Sajjad

    High Credit-Card Interest Rates: What Gives? Chairman Greenspan and his colleagues on the Federal, even though long-term interest rates have inched higher in recent weeks. Credit-card interest rates information about credit cards provides important context. A credit card allows financial institutions

  13. Giving Credit Where Credit Is Due: Dorothy Swaine Thomas and the "Thomas Theorem."

    ERIC Educational Resources Information Center

    Smith, R. S.

    1995-01-01

    Utilizes citation analysis to examine issues of author attribution in academic scholarship. Although widely credited to W. I. Thomas, the "Thomas Theorem" appears in a book written in collaboration with Dorothy Swaine Thomas. Citations routinely ignored Dorothy Thomas's contribution until the 1970s, when gender issues became prevalent. (MJP)

  14. Corporate profits and social responsibility: “Subsidization” of corporate income under charitable giving tax laws

    Microsoft Academic Search

    Natalie J. Webb

    1996-01-01

    Private U.S. corporations donated approximately $6 billion to nonprofit organizations in 1994. Corporations may donate money both directly to charities and indirectly through a corporate-sponsored foundation. Tax and financial advantages, as well as differences in corporate image, arise due to policy differences in the treatment of certain gifts. This paper presents a new model of corporate giving, and examines the

  15. The Effects of Low Income Housing Tax Credit Developments on Neighborhoods

    PubMed Central

    Baum-Snow, Nathaniel; Marion, Justin

    2013-01-01

    This paper evaluates the impacts of new housing developments funded with the Low Income Housing Tax Credit (LIHTC), the largest federal project based housing program in the U.S., on the neighborhoods in which they are built. A discontinuity in the formula determining the magnitude of tax credits as a function of neighborhood characteristics generates pseudo-random assignment in the number of low income housing units built in similar sets of census tracts. Tracts where projects are awarded 30 percent higher tax credits receive approximately six more low income housing units on a base of seven units per tract. These additional new low income developments cause homeowner turnover to rise, raise property values in declining areas and reduce incomes in gentrifying areas in neighborhoods near the 30th percentile of the income distribution. LIHTC units significantly crowd out nearby new rental construction in gentrifying areas but do not displace new construction in stable or declining areas. PMID:24235779

  16. 26 CFR 1.901-3 - Reduction in amount of foreign taxes on foreign mineral income allowed as a credit.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...Reduction in amount of foreign taxes on foreign mineral income allowed as a credit. 1.901-3...Reduction in amount of foreign taxes on foreign mineral income allowed as a credit. (a...United States with respect to foreign mineral income (as defined in paragraph...

  17. Funding School Choice: A Road Map to Tax-Credit Scholarship Programs and Scholarship Granting Organizations. Issues in Depth

    ERIC Educational Resources Information Center

    Forster, Greg

    2006-01-01

    Many states are considering a form a school choice known as "tax-credit scholarships," which currently provide school choice to almost 60,000 students in Arizona, Florida and Pennsylvania, which and have just been enacted in Iowa. This guide shows how tax-credit scholarships work and introduces the scholarship granting organizations that…

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

    ERIC Educational Resources Information Center

    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…

  19. 78 FR 16277 - Notice of Submission of Proposed Information Collection to OMB: Low Income Housing Tax Credit...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-03-14

    ...Income Housing Tax Credit Database AGENCY: Office of the...submitted to the Office of Management and Budget (OMB) for...Officer, Office of Management and Budget, New Executive...Pollard., Reports Management Officer, QDAM, Department...Income Housing Tax Credit Database. OMB Approval...

  20. 26 CFR 1.280F-2T - Limitations on recovery deductions and the investment tax credit for certain passenger...

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...investment tax credit for certain passenger automobiles (temporary). 1.280F-2T Section...investment tax credit for certain passenger automobiles (temporary). (a) Limitation on...under section 46(a) for any passenger automobile shall not exceed $1,000. For a...

  1. 26 CFR 31.3302(a)-1 - Credit against tax for contributions paid.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...for such taxable year with respect to services subject to such other law, the payment...calendar year 1961 discloses a total tax of $3,100, employs individuals in...the calendar year 1961. N assumes in good faith that the services of his employees are covered by the...credit of $2,700 against the Federal tax of $3,100, the net liability...

  2. 26 CFR 48.6416(c)-1 - Credit for tax paid on tires or, prior to January 1, 1984, inner tubes.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...false Credit for tax paid on tires or, prior to January 1, 1984, inner tubes. 48.6416(c)-1 Section 48.6416(c...1 Credit for tax paid on tires or, prior to January 1, 1984, inner tubes. (a) Allowance of credit against tax on...

  3. 26 CFR 48.6416(c)-1 - Credit for tax paid on tires or, prior to January 1, 1984, inner tubes.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...false Credit for tax paid on tires or, prior to January 1, 1984, inner tubes. 48.6416(c)-1 Section 48.6416(c...1 Credit for tax paid on tires or, prior to January 1, 1984, inner tubes. (a) Allowance of credit against tax on...

  4. 26 CFR 48.6416(c)-1 - Credit for tax paid on tires or, prior to January 1, 1984, inner tubes.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...true Credit for tax paid on tires or, prior to January 1, 1984, inner tubes. 48.6416(c)-1 Section 48.6416(c...1 Credit for tax paid on tires or, prior to January 1, 1984, inner tubes. (a) Allowance of credit against tax on...

  5. 26 CFR 48.6416(c)-1 - Credit for tax paid on tires or, prior to January 1, 1984, inner tubes.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...false Credit for tax paid on tires or, prior to January 1, 1984, inner tubes. 48.6416(c)-1 Section 48.6416(c...1 Credit for tax paid on tires or, prior to January 1, 1984, inner tubes. (a) Allowance of credit against tax on...

  6. 26 CFR 521.115 - Credit against United States tax liability for Danish tax.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...REGULATIONS UNDER TAX CONVENTIONS DENMARK General Income Tax Taxation of Nonresident Aliens Who Are Residents of Denmark and of Danish Corporations § 521...income derived from sources within Denmark for taxable years beginning on...

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

    ERIC Educational Resources Information Center

    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…

  8. 26 CFR 509.118 - Credit against United States tax for Swiss tax.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... REGULATIONS UNDER TAX CONVENTIONS SWITZERLAND General Income Tax § 509.118...within the United States by a resident of Switzerland, such royalty shall be included in...tax when so derived by a resident of Switzerland who is a citizen of the United...

  9. Do Vouchers and Tax Credits Increase Private School Regulation? A Statistical Analysis

    ERIC Educational Resources Information Center

    Coulson, Andrew J.

    2011-01-01

    School voucher and education tax credit programs have proliferated in the United States over the past 2 decades. Advocates have argued that they will enable families to become active consumers in a free and competitive education marketplace, but some fear that these programs may bring a heavy regulatory burden that could stifle market forces.…

  10. Volunteering for College? Potential Implications of Financial Aid Tax Credits Rewarding Community Service

    ERIC Educational Resources Information Center

    Wells, Ryan S.; Lynch, Cassie M.

    2014-01-01

    President Obama has proposed a financial aid policy whereby students who complete 100 hours of community service would receive a tax credit of US$4,000 for college. After lawmakers cut this proposal from previous legislation, the administration was tasked with studying the feasibility of implementation. However, the implications of the policy for…

  11. How to Calculate the Costs or Savings of Tax Credit Voucher Policies. NEPC Policy Memo

    ERIC Educational Resources Information Center

    Welner, Kevin

    2011-01-01

    In this NEPC Policy Memo, Professor Welner explains that the most honest and conscientious approach to reporting the fiscal impact of tax credit vouchers is to provide a range of outcomes and let the readers--not the legislative analysts themselves--speculate on which is most likely. If a bottom line is demanded, it should be couched in as many…

  12. 76 FR 39343 - New Markets Tax Credit Non-Real Estate Investments; Correction

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-07-06

    ...REG-101826-11] RIN 1545-BK04 New Markets Tax Credit Non-Real Estate Investments; Correction AGENCY: Internal Revenue Service...program to facilitate and encourage investments in non-real estate businesses in low-income communities. FOR...

  13. 27 CFR 19.245 - Tax credits under 26 U.S.C. 5010.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...IRC provides a credit for the wine and flavors content in distilled spirits products...that contain eligible wines and eligible flavors. As a result, the alcohol derived...and the alcohol derived from eligible flavors is not taxed to the extent that...

  14. Mandates, Tax Credits, and Tariffs: Does the U.S. Biofuels Industry Need Them All?

    Microsoft Academic Search

    Bruce A. Babcock

    2010-01-01

    Expanded mandates under the Renewable Fuel Standard provide ethanol and biodiesel producers a guaranteed future market at volumes that exceed what they have produced in the past. Despite having these mandates in place, biofuel producers continue to support tax credits and ethanol import tariffs. An examination of how the new mandates will be implemented shows that biofuel producers will receive

  15. 77 FR 59544 - New Markets Tax Credit Non-Real Estate Investments

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-09-28

    ...Markets Tax Credit Non-Real Estate Investments AGENCY: Internal Revenue Service...program to facilitate and encourage investments in non-real estate businesses in low-income...period with respect to a qualified equity investment in a qualified community...

  16. Federal Tuition Tax Credits and State Higher Education Policy: A Guide for State Policy Makers.

    ERIC Educational Resources Information Center

    Conklin, Kristin D.

    The federal government enacted the Taxpayer Relief Act in 1997. Whereas other federal student aid programs have used grants, scholarships, and loans to help students and their families finance college, the new law has made college more affordable by providing new federal income tax credits, savings incentives, and deductions for interest paid on…

  17. Choice Issue Opens Rift in Missouri: Tax-Credit Scholarships Divide Black Caucus

    ERIC Educational Resources Information Center

    Viadero, Debra

    2006-01-01

    The debate over a school choice bill in the Missouri legislature has opened a bitter rift among some of the state's top Black elected officials and reflects a larger divide among African-Americans over school choice nationwide. The bill, which is similar to programs that are growing in popularity in other states, would provide tax credits for…

  18. The Effects of the Earned Income Tax Credit on Children's Income and Poverty

    Microsoft Academic Search

    Rebecca Y. Kim

    2001-01-01

    The Earned Income Tax Credit (EITC) has emerged as a central program for low-income families with children since its incremental expansion was fully implemented by 1996. This study examined the contribution of the fully expanded EITC to the children's economic well-being through two measures: (1) the effect on disposable income and (2) the effects on the poverty rate and the

  19. 26 CFR 20.2102-1 - Estates of nonresidents not citizens; credits against tax.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2013-6. Subject to the additional special limitation contained in section 2102(b) in the case of section 2015, the provisions of sections 2015 and 2016, relating respectively to the credit for death taxes on remainders and the recovery of...

  20. 26 CFR 20.2014-4 - Application of credit in cases involving a death tax convention.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...provides for the allowance of credit by the United States for succession duties imposed by the national government of Country X...State death taxes is $33,760. Country X imposed a net succession duty on the stocks and bonds of $180,000. Under...

  1. 26 CFR 20.2014-4 - Application of credit in cases involving a death tax convention.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...provides for the allowance of credit by the United States for succession duties imposed by the national government of Country X...State death taxes is $33,760. Country X imposed a net succession duty on the stocks and bonds of $180,000. Under...

  2. 26 CFR 20.2014-4 - Application of credit in cases involving a death tax convention.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...provides for the allowance of credit by the United States for succession duties imposed by the national government of Country X...State death taxes is $33,760. Country X imposed a net succession duty on the stocks and bonds of $180,000. Under...

  3. 26 CFR 20.2014-4 - Application of credit in cases involving a death tax convention.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...provides for the allowance of credit by the United States for succession duties imposed by the national government of Country X...State death taxes is $33,760. Country X imposed a net succession duty on the stocks and bonds of $180,000. Under...

  4. 26 CFR 20.2014-4 - Application of credit in cases involving a death tax convention.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...provides for the allowance of credit by the United States for succession duties imposed by the national government of Country X...State death taxes is $33,760. Country X imposed a net succession duty on the stocks and bonds of $180,000. Under...

  5. Government Neutrality and Separation of Church and State: Tuition Tax Credits.

    ERIC Educational Resources Information Center

    Harvard Law Review, 1979

    1979-01-01

    The constitutionality of a national tuition tax credit plan is examined with specific reference to questions that are raised under the religion clauses of the First Amendment. Recommendations are made for government plans that avoid the church-state conflict and maintain government neutrality. (BH)

  6. Effects of expiration of the Federal energy tax credit on the National Photovoltaics Program

    NASA Technical Reports Server (NTRS)

    Smith, J. L.

    1984-01-01

    Projected 1986 sales are significantly reduced as a direct result of system price increases following from expiration of the Federal energy tax credits. There would be greatly reduced emphasis on domestic electric utility applications. Indirect effects arising from unrealized economies of scale and reduced private investment in PV research and development (R&D) and in production facilities could have a very large cumulative adverse impact on the U.S. PV industry. The industry forecasts as much as fourfold reduction in 1990 sales if tax credits expire, compared with what sales would be with the credits. Because the National Photovoltaics Program is explicitly structured as a government partnership, large changes in the motivation or funding of either partner can affect Program success profoundly. Reduced industry participation implies that such industry tasks as industrialization and new product development would slow or halt. Those research areas receiving heavy R&D support from private PV manufacturers would be adversely affected.

  7. Low-Income Housing Tax Credit (LIHTC) Database

    NSDL National Science Digital Library

    The LIHTC database contains information on 11,774 projects and 407,973 units placed in service between 1987 and 1994. Data available "includes project address, number of units and low-income units, number of bedrooms, year the credit was allocated, year the project was placed in service, whether the project was new construction or rehab, type of credit provided, and other sources of project financing." The database is available in either ASCII or Microsoft Excel 2.1 formats.

  8. The Surprising Incidence of Tax Credits for the Toyota Prius

    Microsoft Academic Search

    James M. Sallee

    2011-01-01

    This paper estimates the incidence of tax incentives for the Toyota Prius. Transaction microdata indicate that both federal and state incentives were fully captured by consumers. This is surprising because Toyota faced a binding production constraint, which suggests that they could have appropriated the gains. The paper proffers an explanation based on an intertemporal link in pricing that stems from

  9. Distinguishing Transitory and Permanent Price Elasticities of Charitable Giving with Pre-Announced Changes in Tax Law

    Microsoft Academic Search

    Jon Bakija

    2000-01-01

    This paper develops and applies a new estimation technique for distinguishing transitory and permanent price and income elasticities of charitable giving using panel data. Twelve-year individual averages of income and deductions are combined with information on legislated changes in tax schedules, to construct instruments for permanent price and income variation. Unlike the previous literature, pre-announced changes in tax law are

  10. 26 CFR 1.280F-2T - Limitations on recovery deductions and the investment tax credit for certain passenger...

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...property under section 168. In 1984, E's business use percentage is 80 percent...basis adjustment. The maximum amount of E's investment tax credit is $533.33...04×$30,000). (iii) E's unadjusted basis for purposes of...

  11. 26 CFR 1.280F-2T - Limitations on recovery deductions and the investment tax credit for certain passenger...

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...property under section 168. In 1984, E's business use percentage is 80 percent...basis adjustment. The maximum amount of E's investment tax credit is $533.33...04×$30,000). (iii) E's unadjusted basis for purposes of...

  12. 26 CFR 20.2011-2 - Limitation on credit if a deduction for State death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...allowed under section 2053(d) for State death taxes paid with respect to a...

  13. 26 CFR 20.2011-2 - Limitation on credit if a deduction for State death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...allowed under section 2053(d) for State death taxes paid with respect to a...

  14. 26 CFR 20.2011-2 - Limitation on credit if a deduction for State death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...allowed under section 2053(d) for State death taxes paid with respect to a...

  15. 26 CFR 20.2011-2 - Limitation on credit if a deduction for State death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...allowed under section 2053(d) for State death taxes paid with respect to a...

  16. 26 CFR 20.2011-2 - Limitation on credit if a deduction for State death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...Limitation on credit if a deduction for State death taxes is allowed under section 2053(d...allowed under section 2053(d) for State death taxes paid with respect to a...

  17. Effects of the R and D tax credit on energy R and D expenditures: an econometric analysis

    SciTech Connect

    Moe, R.J.; Kee, J.R.; Lackey, K.C.; Cronin, F.J.

    1985-02-01

    Objective of the study was to estimate the effects on industrial energy research and development (R and D) expenditures of the R and D Tax Credit component of the Economic Recovery Tax Act of 1981. Two tasks were performed. The first task was to collect data on industrial R and D expenditures, sales, oil prices, and price deflators. The R and D expenditure data were obtained from the National Science Foundation; other data were collected from Commerce Department and Department of Energy publications. The second task was to perform an econometric analysis of the effects of the tax credit on industrial R and D expenditures. Equations relating: (1) total; and (2) energy-related R and D expenditures to sales, oil prices, and a variable representing the availability of the tax credit were estimated, using data for each of seven manufacturing industries and eleven years. The analysis showed that the tax credit caused real total industrial R and D expenditures to be 9.1% greater than they would have been without the credit, but caused real energy industrial R and D expenditures to be 13.8% less than they would have been without the tax credit.

  18. Rules regarding the health insurance premium tax credit. Final and temporary regulations.

    PubMed

    2014-07-28

    This document contains final and temporary regulations relating to the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, as amended by the Medicare and Medicaid Extenders Act of 2010, the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011, and the Department of Defense and Full-Year Continuing Appropriations Act of 2011 and the 3% Withholding Repeal and Job Creation Act. These regulations affect individuals who enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges) and claim the premium tax credit, and Exchanges that make qualified health plans available to individuals. The text of the temporary regulations in this document also serves as the text of proposed regulations set forth in a notice of proposed rulemaking (REG-104579-13) on this subject in the Proposed Rules section in this issue of the Federal Register. PMID:25118372

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

    SciTech Connect

    Bolinger, Mark A; Wiser, Ryan; Ing, Edwin

    2009-08-01

    This CESA - LBNL Case Study examines how much economic value do new and expanded federal tax credits really provide to PV system purchasers, and what implications might they hold for state/utility PV grant programs. The report begins 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. The report concludes with a discussion of potential implications for purchasers of PV systems, as well as for administrators of state/utility PV programs. 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). Since the signing of the Energy Policy Act of 2005 (EPAct) on August 8, the federal government has begun to play a much more significant 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, for an initial period of two years, and in late 2006 were extended for an additional year. Unless extended further, the new residential ITC will expire, and the 30% commercial ITC will revert back to 10%, on January 1, 2009. 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.1 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 administrators of state/utility PV programs.

  20. Using the Federal production tax credit to build a durable market for wind power in the united states

    SciTech Connect

    Wiser, Ryan; Bolinger, Mark; Barbose, Galen

    2007-11-15

    As Congress continues to struggle to develop a well-balanced national energy policy, it may wish to consider both a longer-term extension of the production tax credit for renewable electricity sources, as well as certain revisions to the design and structure of that credit. (author)

  1. The Universal Tuition Tax Credit: Advancing Excellence through Parental Choice and Empowerment. A Sutherland Institute Policy Study.

    ERIC Educational Resources Information Center

    Salisbury, David F.; Maxfield, Richard; Miller, Maxwell A.; Bischoff, Jim

    This study examined the possible benefits to Utah of a Universal Tuition Tax Credit (UTTC), a credit that would make it possible for parents, both low-income and moderate-income, to choose a nonpublic school for their child if they want to. The UTTC would have a positive effect on the per-student revenues available for public school systems as…

  2. Expanding Choice: Tax Credits and Educational Access in Idaho

    ERIC Educational Resources Information Center

    Carpenter, Dick M., II

    2011-01-01

    The past 30 years have seen a steady expansion in the educational choices available to parents as school choice programs have spread around the country. Enabling parents to choose schools that fit their children's unique needs is a win-win-win: Research shows that such school choice policies benefit the children who participate, give traditional…

  3. Interpreting the results of the Atlas report ''Energy savings resulting from incremental insulation and incremental solar system capacity'' relative to AB 1558 tax-credit guidelines

    Microsoft Academic Search

    D. Carner; M. Heintz

    1977-01-01

    AB 1558 creates a 55% state tax credit up to $3,000 for installation of solar systems that produce heat, cool, or electricity. Conservation measures applied in conjunction with such solar systems, which reduce the first cost or increase the energy savings of such systems, may also be eligible for the tax credit. The ERCDC is directed by this legislation to

  4. The Effects of an Employer Subsidy on Employment Outcomes: A Study of the Work Opportunity and Welfare-to-Work Tax Credits

    ERIC Educational Resources Information Center

    Hamersma, Sarah

    2008-01-01

    Employer subsidies such as the Work Opportunity Tax Credit (WOTC) and the Welfare-to-Work Tax Credit (WtW) are designed to encourage employment by partially reimbursing employers for wages paid to certain welfare recipients and other disadvantaged workers. In this paper, I examine the effects of these subsidies on employment, wages, and job tenure…

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

    SciTech Connect

    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 administrators of state/utility PV programs.

  6. IMPORTANT TAX INFORMATION The Federal Tax Relief Act of 1997 may provide an opportunity for tax savings

    E-print Network

    Tennessee, University of

    IMPORTANT TAX INFORMATION The Federal Tax Relief Act of 1997 may provide an opportunity for tax savings through the Hope Tax Credit and Lifetime Learning Tax Credit. The Hope Tax Credit has a maximum tax credit which is available for students in either the first or second year of post

  7. Expanding access through public coverage: permitting families to use tax credits to buy into Medicaid or SCHIP.

    PubMed

    Weil, A R

    2001-01-01

    A new tax credit to help low-income families and individuals purchase health insurance can address the problem of affordability, but will not overcome other barriers these populations face in obtaining coverage. This paper proposes that families have the option of using a new tax credit to buy into a state-administered system such as Medicaid or the State Children's Health Insurance Program. This option has three advantages. First, it allows families to remain with a single health program and health plan as their income fluctuates. Second, it provides an alternative to the complex and confusing individual insurance market. This alternative is community rated, does not use underwriting, and allows health plan behavior to be monitored closely by the state. Third, it allows the state to act as a financial buffer-helping overcome the barrier to participation that cash-flow problems and year-end reconciliation concerns are likely to create among a low-income population. Many people would want to use their tax credit in the private market, but the buy-in option increases the likelihood that the tax credit approach would succeed. PMID:11529512

  8. 45 CFR 156.440 - Plans eligible for advance payments of the premium tax credit and cost-sharing reductions.

    Code of Federal Regulations, 2014 CFR

    2014-10-01

    ...described in § 156.155. (b) Stand-alone dental plans. The provisions of this...cost-sharing reductions, do not apply to stand-alone dental plans. The provisions of this...the premium tax credit, apply to stand-alone dental plans. (c) Child-only...

  9. Giving Credit where Credit Is Due: Creating a Competency-Based Qualifications Framework for Postsecondary Education and Training

    ERIC Educational Resources Information Center

    Ganzglass, Evelyn; Bird, Keith; Prince, Heath

    2011-01-01

    The national goal of increasing postsecondary credentials, to improve both equity and economic competitiveness, requires a fresh look at how to recognize learning in noncredit workforce education and training. The credit hour has long been the standard academic currency in postsecondary education. Despite its weakness as a measure of learning, in…

  10. For Work-Force Training, a Plan to Give College Credit Where It's Due

    ERIC Educational Resources Information Center

    Sander, Libby

    2008-01-01

    After nearly three years of planning, Ohio's higher-education officials are finalizing an ambitious program to grant college credit for some technical courses offered at the state's adult-education centers. The program, called the Career-Technical Credit Transfer, is the latest in a string of state efforts to more closely link work-force training…

  11. Analysis of the effects of section 29 tax credits on reserve additions and production of gas from unconventional resources

    SciTech Connect

    Not Available

    1990-09-01

    Federal tax credits for production of natural gas from unconventional resources can stimulate drilling and reserves additions at a relatively low cost to the Treasury. This report presents the results of an analysis of the effects of a proposed extension of the Section 29 alternative fuels production credit specifically for unconventional gas. ICF Resources estimated the net effect of the extension of the credit (the difference between development activity expected with the extension of the credit and that expected if the credit expires in December 1990 as scheduled). The analysis addressed the effect of tax credits on project economics and capital formation, drilling and reserve additions, production, impact on the US and regional economies, and the net public sector costs and incremental revenues. The analysis was based on explicit modeling of the three dominant unconventional gas resources: Tight sands, coalbed methane, and Devonian shales. It incorporated the most current data on resource size, typical well recoveries and economics, and anticipated activity of the major producers. Each resource was further disaggregated for analysis based on distinct resource characteristics, development practices, regional economics, and historical development patterns.

  12. Targeted extension of energy tax credits. Hearing before the Subcommittee on Energy and Agricultural Taxation, Ninety-Eighth Congress, First Session on S. 1396, June 17, 1983

    SciTech Connect

    Not Available

    1983-01-01

    A tax analyst from the Treasury Department and 33 public witnesses commented on S. 1396, which extends tax credits for renewable and synthetic energy investments. The bill modifies and extends the 10% energy credit to 1992. It also redefines certain types of equipment. The hearing record includes an overview of the current law, an explanation of changes that S. 1396 will introduce, and the testimony of witnesses, who were asked to comment on the impact changes made the previous year in the Tax Equity and Fiscal Responsibility Act may have had on synthetic fuels projects. The witnesses represented private industry, the renewable and synthetic fuels industries, environmental advisors, and tax consultants.

  13. Motor Vehicle Sales Tax Mortgage Registry Tax Local Property Taxes Corporate Franchise Tax Highway Fuels Excise Tax Deed Transfer Tax Airflight Property Tax Estate Tax Alcoholic Beverage Taxes Lawful Gambling Taxes Motor Vehicle Registration Tax General S

    E-print Network

    unknown authors

    defines tax expenditure as statutory provisions which reduce the amount of revenue that would otherwise be generated including exemptions, deductions, credits and lower tax rates. The Tax Expenditure Budget is based on the statutory definition of a tax expenditure (270C.11, subd. 1) as a tax provision which provides a gross income definition, exemption, credit or rate for certain persons, types of income, transactions, or property that results in reduced tax revenue. The tax expenditures reported by DOR include these tax types:

  14. Bringing good things to life : New Markets Tax Credits and the opening of low-income communities to investment, including a case study of Pittsfield, Massachusetts

    E-print Network

    McGrath, Daniel J., S.M. Massachusetts Institute of Technology

    2008-01-01

    The New Markets Tax Credit (NMTC) Program is designed to promote investment and economic growth in urban and rural low-income communities across the country. Created in 2000 as one of the last acts of the Clinton Administration, ...

  15. 26 CFR 1.31-2 - Credit for “special refunds” of employee social security tax.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...âspecial refundsâ of employee social security tax. 1.31-2 Section...special refunds” of employee social security tax. (a) In general. ...deducted and withheld as employee social security tax with respect to...

  16. 26 CFR 1.31-2 - Credit for “special refunds” of employee social security tax.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...âspecial refundsâ of employee social security tax. 1.31-2 Section...special refunds” of employee social security tax. (a) In general. ...deducted and withheld as employee social security tax with respect to...

  17. 26 CFR 1.31-2 - Credit for “special refunds” of employee social security tax.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...âspecial refundsâ of employee social security tax. 1.31-2 Section...special refunds” of employee social security tax. (a) In general. ...deducted and withheld as employee social security tax with respect to...

  18. 26 CFR 1.31-2 - Credit for “special refunds” of employee social security tax.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...âspecial refundsâ of employee social security tax. 1.31-2 Section...special refunds” of employee social security tax. (a) In general. ...deducted and withheld as employee social security tax with respect to...

  19. Bilateral Tax Treaty Formation with Tax Sparing

    E-print Network

    Sirikamon Udompol

    2007-01-01

    Tax sparing occurs when home government allows spared foreign taxes of its resident company to be used as tax credit. Regardless of tax revenue losses, empirical evidences shows countries willingly engage in tax sparing negotiation. This paper attempts to theoretically explains how and why countries agree on tax sparing. We nd that equilibrium tax sparing with host country's tax rate reduction can exist when two countries engage in treaty negotiation and the home country limits how much foreign tax credit its resident company can claim against tax liability at home. Moreover, the higher the home country's bargaining power, the lower the equilibrium tax sparing. 1

  20. 26 CFR 26.6696-1 - Claims for credit or refund by tax return preparers.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...DEPARTMENT OF THE TREASURY (CONTINUED) ESTATE AND GIFT TAXES GENERATION-SKIPPING TRANSFER TAX REGULATIONS UNDER THE TAX REFORM ACT...return preparer who prepared a return or claim for refund for generation-skipping transfer tax under chapter 13 of subtitle...

  1. HIGHER EDUCATION TAX BENEFITS 42011 TAX YEAR

    E-print Network

    HIGHER EDUCATION TAX BENEFITS 42011 TAX YEAR #12;2 The credit offsets what you pay for the first four years of higher education by reducing the amount of income tax you pay. In addition, the credit is partially refundable so you may be able to get a check from the IRS even if you don't owe any income tax

  2. HIGHER EDUCATION TAX 42013 TAX YEAR

    E-print Network

    Reif, John H.

    HIGHER EDUCATION TAX BENEFITS 42013 TAX YEAR #12;2 The credit offsets what you pay for the first four years of higher education by reducing the amount of income tax you pay. In addition, the credit is partially refundable so you may be able to get a check from the IRS even if you don't owe any income tax

  3. Incorrect Citations Give Unfair Credit to Review Authors in Ecology Journals

    PubMed Central

    Teixeira, Mariana C.; Thomaz, Sidinei M.; Michelan, Thaisa S.; Mormul, Roger P.; Meurer, Thamis; Fasolli, José Vitor B.; Silveira, Márcio J.

    2013-01-01

    The number of citations that papers receive has become significant in measuring researchers' scientific productivity, and such measurements are important when one seeks career opportunities and research funding. Skewed citation practices can thus have profound effects on academic careers. We investigated (i) how frequently authors misinterpret original information and (ii) how frequently authors inappropriately cite reviews instead of the articles upon which the reviews are based. To reach this aim, we carried a survey of ecology journals indexed in the Web of Science and assessed the appropriateness of citations of review papers. Reviews were significantly more often cited than regular articles. In addition, 22% of citations were inaccurate, and another 15% unfairly gave credit to the review authors for other scientists' ideas. These practices should be stopped, mainly through more open discussion among mentors, researchers and students. PMID:24349143

  4. Free Tax Assistance and the Earned Income Tax Credit: Vital Resources for Social Workers and Low-Income Families

    ERIC Educational Resources Information Center

    Lim, Younghee; DeJohn, Tara V.; Murray, Drew

    2012-01-01

    As the United States' economy continues to experience challenges, more families at or near the poverty level fall prey to predatory financial practices. Their vulnerability to these operations is increased by a lack of knowledge of asset-building resources and alternative financial services. This article focuses on Volunteer Income Tax Assistance…

  5. INCOME TAX MANAGEMENT FOR FARMERS IN 2008

    E-print Network

    #12;INCOME TAX MANAGEMENT FOR FARMERS IN 2008 Table of Contents RECENT LAW CHANGES AFFECTING .................................................................. 2 Child Tax Credit ...................................................................................................... 3 Kiddie Tax

  6. The Effects of State R&D Tax Credits in Stimulating Private R&D Expenditure: A Cross-State Empirical Analysis

    ERIC Educational Resources Information Center

    Wu, Yonghong

    2005-01-01

    This is a cross-state empirical study which examines the effects of state research and development (R&D) tax credits on private R&D expenditure in the states. Other explanatory variables include federal R&D subsidies, public services in higher education and R&D-targeted programs as well as other control variables. The statistical result shows that…

  7. 26 CFR 48.6427-6 - Limitation on credit or refund of tax paid on fuel used in intercity, local or school buses after...

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...local or school buses after July 31, 1984. 48.6427-6 Section 48.6427-6...local or school buses after July 31, 1984. (a) Limitation on amount of credit...case of fuel sold or used after July 31, 1984, on which tax was imposed under...

  8. 26 CFR 48.6427-6 - Limitation on credit or refund of tax paid on fuel used in intercity, local or school buses after...

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...local or school buses after July 31, 1984. 48.6427-6 Section 48.6427-6...local or school buses after July 31, 1984. (a) Limitation on amount of credit...case of fuel sold or used after July 31, 1984, on which tax was imposed under...

  9. 26 CFR 48.6427-6 - Limitation on credit or refund of tax paid on fuel used in intercity, local or school buses after...

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...local or school buses after July 31, 1984. 48.6427-6 Section 48.6427-6...local or school buses after July 31, 1984. (a) Limitation on amount of credit...case of fuel sold or used after July 31, 1984, on which tax was imposed under...

  10. 26 CFR 48.6427-6 - Limitation on credit or refund of tax paid on fuel used in intercity, local or school buses after...

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...local or school buses after July 31, 1984. 48.6427-6 Section 48.6427-6...local or school buses after July 31, 1984. (a) Limitation on amount of credit...case of fuel sold or used after July 31, 1984, on which tax was imposed under...

  11. Child Care: A Summary and Analysis of New Federal Programs and Tax Credits. 101st Congress in Review. State-Federal Issue Brief Vol. 3, No. 8.

    ERIC Educational Resources Information Center

    Morse, Ann; Steisel, Sheri

    This issue brief analyzes the two new child care grant programs that were established during the 101st Congress. It also analyzes the new and expanded tax credits created to assist low-income families with children. The provisions of the Child Care and Development Block Grant (CCDBG) and the Child Care Services Entitlement concern: (1) eligibility…

  12. 26 CFR 301.6103(k)(9)-1 - Disclosure of returns and return information relating to payment of tax by credit card and debit...

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...tax by credit card and debit card. 301.6103(k)(9)-1 Section 301.6103(k)(9)-1 Internal Revenue INTERNAL REVENUE...and Returns Returns and Records § 301.6103(k)(9)-1 Disclosure of returns and return...

  13. 26 CFR 301.6103(k)(9)-1 - Disclosure of returns and return information relating to payment of tax by credit card and debit...

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...tax by credit card and debit card. 301.6103(k)(9)-1 Section 301.6103(k)(9)-1 Internal Revenue INTERNAL REVENUE...and Returns Returns and Records § 301.6103(k)(9)-1 Disclosure of returns and return...

  14. 26 CFR 301.6103(k)(9)-1 - Disclosure of returns and return information relating to payment of tax by credit card and debit...

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...tax by credit card and debit card. 301.6103(k)(9)-1 Section 301.6103(k)(9)-1 Internal Revenue INTERNAL REVENUE...and Returns Returns and Records § 301.6103(k)(9)-1 Disclosure of returns and return...

  15. 75 FR 75693 - Tax Credit Assistance Program-Reallocation of Funds

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-06

    ...process, funding criteria and eligibility requirements can be found at the HUD Web site at http://portal.hud.gov/portal/page/portal/HUD/recovery/programs/tax. FOR FURTHER INFORMATION CONTACT: Marcia Sigal, Director,...

  16. 26 CFR 1.31-2 - Credit for “special refunds” of employee social security tax.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...by section 202 of the Social Security Amendments of 1954 (68 Stat. 1089)), permits, under certain conditions, a so-called “special refund” of the amount of employee social security tax deducted and withheld with respect to...

  17. 75 FR 15772 - Feasibility of Including a Volunteer Requirement for Receipt of Federal Education Tax Credits

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-03-30

    ...DEPARTMENT OF THE TREASURY Feasibility of Including a Volunteer...public to comment on the feasibility of instituting a community...Ackerman, Office of Tax Analysis, at (202) 622-7504...Education) with studying the feasibility of including a...

  18. 26 CFR 1.6695-2 - Tax return preparer due diligence requirements for determining earned income credit eligibility.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... 13 2013-04-01 2013-04-01 false Tax return preparer due diligence requirements for determining...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Additions to the Tax,...

  19. 26 CFR 1.6695-2 - Tax return preparer due diligence requirements for determining earned income credit eligibility.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... 13 2014-04-01 2014-04-01 false Tax return preparer due diligence requirements for determining...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Additions to the Tax,...

  20. 26 CFR 1.6695-2 - Tax return preparer due diligence requirements for determining earned income credit eligibility.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... 13 2012-04-01 2012-04-01 false Tax return preparer due diligence requirements for determining...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Additions to the Tax,...

  1. 26 CFR 1.45D-1 - New markets tax credit.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...definition of nonqualified financial property includes debt instruments with a term in excess...credit unions, and other financial institutions are generally excluded...or (ii ) Debt instruments described in...

  2. 26 CFR 1.25A-1 - Calculation of education tax credit and general eligibility requirements.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...Section 1.25A-1 Internal Revenue INTERNAL REVENUE SERVICE...TAXES Changes in Rates During A Taxable...chapter 1 of the Internal Revenue Code...Limitation based on modified adjusted gross...who file a joint return). Thus,...

  3. 26 CFR 1.902-3 - Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid...

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...shareholder of a foreign corporation for foreign income taxes paid with respect to accumulated profits of taxable...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  4. 26 CFR 1.902-3 - Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid...

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...shareholder of a foreign corporation for foreign income taxes paid with respect to accumulated profits of taxable...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  5. 26 CFR 1.902-3 - Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid...

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...shareholder of a foreign corporation for foreign income taxes paid with respect to accumulated profits of taxable...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  6. 26 CFR 1.902-3 - Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid...

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...shareholder of a foreign corporation for foreign income taxes paid with respect to accumulated profits of taxable...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  7. 26 CFR 1.902-1 - Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid...

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...shareholder of a foreign corporation for foreign income taxes paid by the foreign corporation. 1.902-1...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  8. 26 CFR 1.902-1 - Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid...

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...shareholder of a foreign corporation for foreign income taxes paid by the foreign corporation. 1.902-1...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  9. 26 CFR 1.902-3 - Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid...

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...shareholder of a foreign corporation for foreign income taxes paid with respect to accumulated profits of taxable...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Income from Sources Without the United States...

  10. 26 CFR 1.902-1 - Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid...

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...shareholder of a foreign corporation for foreign income taxes paid by the foreign corporation. 1.902-1...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  11. 26 CFR 1.902-1 - Credit for domestic corporate shareholder of a foreign corporation for foreign income taxes paid...

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...shareholder of a foreign corporation for foreign income taxes paid by the foreign corporation. 1.902-1...DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES (CONTINUED) Income from Sources Without the...

  12. 26 CFR 1.6695-2 - Tax return preparer due diligence requirements for determining earned income credit eligibility.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...inconsistent, or incomplete. A tax return preparer must make reasonable...a reasonable and well-informed tax return preparer knowledgeable in the law would conclude that the information furnished to the tax return preparer appears to be...

  13. 26 CFR 1.6695-2 - Tax return preparer due diligence requirements for determining earned income credit eligibility.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...inconsistent, or incomplete. A tax return preparer must make reasonable...a reasonable and well-informed tax return preparer knowledgeable in the law would conclude that the information furnished to the tax return preparer appears to be...

  14. Combining Minimum Wage and Earned Income Tax Credit Policies to Guarantee a Decent Living Standard to All U.S. Workers

    Microsoft Academic Search

    Jeannette Wicks-Lim; Jeffrey Thompson

    2010-01-01

    Current federal policies to ‘make work pay’ leave the vast majority?88%?of low-income working families in the U.S. without the guarantee of a decent living standard, even with full-time work. In their new study, Jeannette Wicks-Lim and Jeffrey Thompson advance proposals to substantially strengthen minimum wage laws and the federal Earned Income Tax Credit (EITC) program in the United States, so

  15. Debt and the marginal tax rate

    Microsoft Academic Search

    John R. Graham

    1996-01-01

    Do taxes affect corporate debt policy? This paper tests whether the incremental use of debt is positively related to simulated firm-specific marginal tax rates that account for net operating losses, investment tax credits, and the alternative minimum tax. The simulated marginal tax rates exhibit substantial variation due to the dynamics of the tax code, tax regime shifts, business cycle effects,

  16. The New Planned Giving Landscape.

    ERIC Educational Resources Information Center

    Moerschbaecher, Lynda

    1987-01-01

    The best way to support charitable causes after tax reform is planned giving. Seven changes in the new tax laws that may affect donors are identified: charitable deduction, fewer deductions, fewer itemizers, increased capital gains tax, alternative minimum tax, generation-skipping tax, and retirement plan restrictions. (MLW)

  17. Capitalizing on Tax Benefits for Parents of Children with Special Needs

    ERIC Educational Resources Information Center

    Brinker, Thomas M., Jr.; Sherman, W. Richard

    2006-01-01

    This article gives a brief overview of the deductions and credits which may be available under current tax law. However, parents of children with special needs should be aware that specific rules apply to each of these tax issues. For instance, in order to claim a child's educational expenses, parents must carefully examine the facts regarding…

  18. 26 CFR 1.907(b)-1 - Reduction of creditable FORI taxes (for taxable years beginning after December 31, 1982).

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...1982). If the foreign law imposing a FORI tax (as defined in § 1.907...materially greater than the tax imposed by the foreign law on income that is neither FORI...from that country.) Foreign law imposing a tax on FORI will be...

  19. 26 CFR 1.907(b)-1 - Reduction of creditable FORI taxes (for taxable years beginning after December 31, 1982).

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...1982). If the foreign law imposing a FORI tax (as defined in § 1.907...materially greater than the tax imposed by the foreign law on income that is neither FORI...from that country.) Foreign law imposing a tax on FORI will be...

  20. 26 CFR 1.907(b)-1 - Reduction of creditable FORI taxes (for taxable years beginning after December 31, 1982).

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...1982). If the foreign law imposing a FORI tax (as defined in § 1.907...materially greater than the tax imposed by the foreign law on income that is neither FORI...from that country.) Foreign law imposing a tax on FORI will be...

  1. 26 CFR 1.907(b)-1 - Reduction of creditable FORI taxes (for taxable years beginning after December 31, 1982).

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...1982). If the foreign law imposing a FORI tax (as defined in § 1.907...materially greater than the tax imposed by the foreign law on income that is neither FORI...from that country.) Foreign law imposing a tax on FORI will be...

  2. 26 CFR 1.907(b)-1 - Reduction of creditable FORI taxes (for taxable years beginning after December 31, 1982).

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...1982). If the foreign law imposing a FORI tax (as defined in § 1.907...materially greater than the tax imposed by the foreign law on income that is neither FORI...from that country.) Foreign law imposing a tax on FORI will be...

  3. 47 CFR 32.7400 - Nonoperating taxes.

    Code of Federal Regulations, 2010 CFR

    2010-10-01

    ...to amortization of previously deferred investment tax credits of other property...32.22: 4110 Net Current Deferred Nonoperating Income Taxes, 4350 Net Noncurrent Deferred Nonoperating Income Taxes. (j) Subsidiary...

  4. Annual Income Tax Guide.

    ERIC Educational Resources Information Center

    Exceptional Parent, 1988

    1988-01-01

    The annual income tax guide is designed to familiarize parents with the tax laws that specifically affect persons with disabilities and their families. Summarized are the changes for 1988 as well as guidelines for itemized deductions, tax credits, and the deduction for dependents. (DB)

  5. What is a Donor Advised Fund (DAF)? A donor advised fund is an alternative giving option that allows you to receive the most out of your tax

    E-print Network

    that allows you to receive the most out of your tax benefits while still supporting your favorite charities charity, you must make an irrevocable and tax-deductible donation. Once you make this donation, you become like your investment to be allocated. Keep in mind that the investment growth on your fund is tax

  6. 7 CFR 1767.19 - Liabilities and other credits.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ...Liabilities 255Accumulated Deferred Investment Tax Credits 256Deferred Gains...Income Taxes Before using the deferred tax accounts provided below, refer...nonutility property, and which have deferred taxes on income with respect...

  7. 7 CFR 1767.19 - Liabilities and other credits.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...Liabilities 255Accumulated Deferred Investment Tax Credits 256Deferred Gains...Income Taxes Before using the deferred tax accounts provided below, refer...nonutility property, and which have deferred taxes on income with respect...

  8. 26 CFR 20.2014-7 - Limitation on credit if a deduction for foreign death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...country X tax 523,082.12 Country X succession tax on charity 100,000.00 Charitable...Foreign Death Taxes country x tax Succession tax on nephew: Value of stock of...000 Tax (50% rate) $50,000 Succession tax on charity: Value of stock...

  9. 26 CFR 20.2014-7 - Limitation on credit if a deduction for foreign death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...country X tax 523,082.12 Country X succession tax on charity 100,000.00 Charitable...Foreign Death Taxes country x tax Succession tax on nephew: Value of stock of...000 Tax (50% rate) $50,000 Succession tax on charity: Value of stock...

  10. 26 CFR 20.2014-7 - Limitation on credit if a deduction for foreign death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...country X tax 523,082.12 Country X succession tax on charity 100,000.00 Charitable...Foreign Death Taxes country x tax Succession tax on nephew: Value of stock of...000 Tax (50% rate) $50,000 Succession tax on charity: Value of stock...

  11. 26 CFR 20.2014-7 - Limitation on credit if a deduction for foreign death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...country X tax 523,082.12 Country X succession tax on charity 100,000.00 Charitable...Foreign Death Taxes country x tax Succession tax on nephew: Value of stock of...000 Tax (50% rate) $50,000 Succession tax on charity: Value of stock...

  12. 26 CFR 20.2014-7 - Limitation on credit if a deduction for foreign death taxes is allowed under section 2053(d).

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...country X tax 523,082.12 Country X succession tax on charity 100,000.00 Charitable...Foreign Death Taxes country x tax Succession tax on nephew: Value of stock of...000 Tax (50% rate) $50,000 Succession tax on charity: Value of stock...

  13. Tax Topics: Adoption Credit

    MedlinePLUS

    ... Information , and What is My Filing Status? on IRS.gov . If you filed your return using the ... the documentation as part of your records. The IRS encourages taxpayers to e-file their federal income ...

  14. 47 CFR 36.411 - Operating taxes-Account 7200 (Class B Telephone Companies); Accounts 7210, 7220, 7230, 7240, and...

    Code of Federal Regulations, 2011 CFR

    2011-10-01

    ...the taxes arising from the operations of the company, i.e., Operating Investment Tax Credits Operating Federal Income Taxes Operating State and Local Income Taxes Operating Other Taxes Provision for Deferred Operating Income...

  15. 47 CFR 36.411 - Operating taxes-Account 7200 (Class B Telephone Companies); Accounts 7210, 7220, 7230, 7240, and...

    Code of Federal Regulations, 2010 CFR

    2010-10-01

    ...the taxes arising from the operations of the company, i.e., Operating Investment Tax Credits Operating Federal Income Taxes Operating State and Local Income Taxes Operating Other Taxes Provision for Deferred Operating Income...

  16. S. 1457: a bill to amend the Internal Revenues Code of 1954 to establish certain rules regarding the regulatory treatment of certain Federal tax credits and deductions allowable to regulated electric utilities. Introduced in the Senate of the United States, Ninety-Ninth Congress, First Session, July 17, 1985

    SciTech Connect

    Not Available

    1985-01-01

    The Electric Utility Tax Reform Act of 1985 amends the Internal Revenue Code as it applies to investment tax credits and deductions for regulated electric utilities. The new rules would apply when a utility adopts a least system cost plan and requests rate schedule approval. The least cost approach considers reliability and availability as well as an estimate of direct costs over the effective life of the investment. Assessments of customer efficiency, load management, cogeneration and alternative energy sources, and facility improvements are among the areas that could qualify for tax credits. The goal is to develop economic normalization which links cost of service to allowable credits.

  17. A Future for the Flat Tax? How the Proposed Tax Changes Could Affect Education.

    ERIC Educational Resources Information Center

    Nixon, Nan

    1983-01-01

    "Flat tax," a euphemism for major tax reform, is discussed. Its adoption would probably mean reducing tax rates by broadening the base upon which taxes are imposed. This implies elimination of many, if not most, of the deductions, credits, and other special provisions of the tax code. (MLW)

  18. For free, non-itemized tax return preparation, visit our

    E-print Network

    Kiledjian, Mike

    PREP GET + Taxes are prepared by IRS-Certified Law Students + We check the EITC Credit, Child TaxFor free, non-itemized tax return preparation, visit our Rutgers-Camden VITA Tax Site! FREE TAX, a copy of your 2012 Federal and/or New Jersey Tax Return. RUTGERS PRO BONO PROGRAM 856-225-6406 #12;

  19. Carbon Tax & 100% Dividend vs. Tax & Trade* Testimony of

    E-print Network

    Hansen, James E.

    Carbon Tax & 100% Dividend vs. Tax & Trade* Testimony of James E. Hansen 4273 Durham Road, Kintnersville, PA to Committee on Ways and Means United States House of Representatives 25 February 2009 *`Tax competing ways to achieve that price: One is Tax & 100% Dividend ­ tax carbon emissions, but give all

  20. 45 CFR 155.340 - Administration of advance payments of the premium tax credit and cost-sharing reductions.

    Code of Federal Regulations, 2013 CFR

    2013-10-01

    ...enrolled in more than one QHP or stand-alone dental plan, then the advance payment...credit must be allocated among the stand-alone dental policies in a reasonable and consistent...enrolled in more than one QHP or stand-alone dental plan offered through a...

  1. 45 CFR 155.340 - Administration of advance payments of the premium tax credit and cost-sharing reductions.

    Code of Federal Regulations, 2014 CFR

    2014-10-01

    ...enrolled in more than one QHP or stand-alone dental plan, then the advance payment...credit must be allocated among the stand-alone dental policies in a reasonable and consistent...enrolled in more than one QHP or stand-alone dental plan offered through a...

  2. 17 CFR 256.410 - Provision for deferred income taxes.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 false Provision for deferred income taxes. 256.410 Section 256...256.410 Provision for deferred income taxes. This account shall be debited and Accumulated Deferred Income Taxes shall be credited with...

  3. 17 CFR 256.410 - Provision for deferred income taxes.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...2011-04-01 false Provision for deferred income taxes. 256.410 Section 256...256.410 Provision for deferred income taxes. This account shall be debited and Accumulated Deferred Income Taxes shall be credited with...

  4. The Estate Tax Enigma.

    ERIC Educational Resources Information Center

    Harrison, Ellen K.

    2001-01-01

    Discusses the implications for planned giving of the new Economic Growth and Tax Relief Reconciliation Act of 2001. Describes changes in income, estate, generation-skipping, and gift tax regulations and their consequences for estate planning. (EV)

  5. Taxing Consumption

    E-print Network

    In Global Economy; Harry Grubert; T. Scott Newlon; Sheena Mcconnell; R. Glenn Hubbard V

    this report would need to be divided into separate components representing compensation for the services performed by the two different offices. In principle, this division does not affect the total tax base, as long as the component that does not bear an import tax is included in the receipts of the New York office for U.S. tax purposes. Additional difficulties with respect to financial services provided by financial intermediaries are discussed below. Consumers would also have the incentive to use foreign services, such as credit-card processing. Cross-border shopping could be an issue as well. International mail order for merchandise would not seem to create a new prob- lem as long as customs duties are imposed on packages, as under the current system

  6. Cost of Federal tax credit programs to develop the market for industrial solar and wind energy technologies. Final report to Lawrence Livermore Laboratory, University of California. Volume 2: appendices

    SciTech Connect

    Downey, W. T.; Carey, H.; Dlott, E.; Frantzis, L.; McDonald, M.; Myer, L.; O'Neill, K.; Patel, R.; Perkins, R.

    1981-11-12

    A study was made to estimate the impact tax credits (from Acts passed by Congress) would have on renewable energy investment and to estimate the net costs to the US Treasury of providing these tax credits. The appendices to this study are presented. Some investment and marketing penetration worksheets are presented on wind turbines, solar ponds, flat plates, evacuated tubes, and parabolic troughs. A market penetration and economic analysis program with test written for TI-59 programmable calculator with printer is presented. Data on the average $/kWh for each state are included for energy use (70 to 400/sup 0/F and electricity) and energy resource (total and direct solar and wind). Also included is an energy use processing program written for TI-59 programmable calculator with printer. (MCW)

  7. Canadian Income Tax Issues Brad Groeneweg, CGA

    E-print Network

    Lennard, William N.

    Canadian Income Tax Issues Brad Groeneweg, CGA bgroeneweg@famme.ca Hugh Morton, CPA, CA hmorton your tax credits and deductions? Non-resident tax reporting Closing 2 #12;History Budget 2006 introduced a full tax exemption for post- secondary scholarships, fellowships and bursaries. Must be enrolled

  8. ISyE 6664 Exam # 1 Please be neat and show all your work so that I can give you partial credit.

    E-print Network

    Ayhan, Hayriye

    partial credit. GOOD LUCK. Question 1 Question 2 Question 3 Question 4 Total 1 #12;1. (25) Suppose g F. If the machine fails, the system moves to state 0 during the period in which the failure occurs. Can you satisfy the sufficient conditions (discussed in class) that guarantee the existence

  9. Does a Higher Income Have Positive Health Effects? Using the Earned Income Tax Credit to Explore the Income-Health Gradient

    PubMed Central

    Larrimore, Jeff

    2011-01-01

    Context The existence of a positive relationship between income and morbidity has been well documented in the literature. But it is unclear whether the relationship is positive because increased income allows individuals to purchase more health inputs that improve their health, because healthy individuals are more productive and thus can earn higher wages in the labor market, or because a third factor is improving health and increasing income. This article explores whether increases in income improve the health of the low-income population. Methods Because health status may affect income, this article uses an “instrumental variable” strategy that considers income variations over seventeen years of changes in the generosity of state and federal Earned Income Tax Credits (EITC, a measure that should be exogenous to health status). I measured health status using both the self-reported health status and the functional limitations indicated on the Survey of Income and Program Participation (SIPP), as well as the self-reported health status indicated on the March Current Population Survey (CPS). Findings I found only limited support for the theory that the relationship between income and morbidity is derived from shifts in income. Although I did observe a correlation between income and self-reported health, I found no evidence that increases in income significantly improve self-reported health statuses. In addition, while increases in income appear to reduce the prevalence of hearing limitations when using corrective measures, these increases did not have a significant effect on most of the other functional limitations considered here. Conclusions These findings suggest that the ability to improve short-term health outcomes through public transfer payments may be limited. However, the lifetime effects on the health of people with higher incomes would still be a valuable avenue for future research. PMID:22188352

  10. State of California BOARD OF EQUALIZATION DIESEL FUEL TAX REGULATIONS Regulation 1435. TAX PAID TWICE ON DIESEL FUEL.

    E-print Network

    unknown authors

    (a) A supplier who removes diesel fuel from a terminal rack on which a prior tax was paid to the state may either file a claim for refund with the Board or in lieu of a refund take a credit on its tax return. (b) CONDITIONS TO ALLOW A CREDIT ON A TAX RETURN. The credit will be allowed only if: (1) A tax imposed on the diesel fuel by Sections 60051 and 60052 was paid to the state by reporting the gallons on a tax return and was not credited or refunded (the "first tax " or "first taxpayer"); (2) After imposition of the first tax, another tax was imposed on the diesel fuel by Sections 60051 and 60052 and was paid to the state by reporting the gallons on a tax return (the "second tax " or "second taxpayer"); (3) The person that paid the second tax to the state claims a credit on a tax return filed within three months after the close of the calendar month in which the second tax was reported to the state; (4) The person that paid the first tax to the State has met the reporting requirements of paragraph (c) of this section; and (5) A copy of the first taxpayer's report and any copies of statements of subsequent seller must be retained for inspection by the Board with the tax return on which the credit is claimed.

  11. State of California BOARD OF EQUALIZATION MOTOR VEHICLE FUEL TAX REGULATIONS Regulation 1161. TAX PAID TWICE ON MOTOR VEHICLE FUEL.

    E-print Network

    unknown authors

    (a) A supplier who removes motor vehicle fuel from a terminal rack on which a prior tax was paid to the state may either file a claim for refund with the State Controller or in lieu of a refund take a credit on its tax return. (b) CONDITIONS TO ALLOW A CREDIT ON A TAX RETURN. The credit will be allowed only if: (1) A tax imposed on the motor vehicle fuel by Sections 7362 and 7363 was paid to the state by reporting the gallons on a tax return and was not credited or refunded (the "first tax " or "first taxpayer"); (2) After imposition of the first tax, another tax was imposed on the motor vehicle fuel by Sections 7362 and 7363 and was paid to the state by reporting the gallons on a tax return (the "second tax " or "second taxpayer"); (3) The person that paid the second tax to the state claims a credit on a tax return filed within three months after the close of the calendar month in which the second tax was reported to the state; (4) The person that paid the first tax to the State has met the reporting requirements of paragraph (c) of this section; and (5) A copy of the first taxpayer's report and any copies of statements of subsequent seller must be retained for inspection by the Board with the tax return on which the credit is claimed.

  12. Focus Tax Incentives on the Students Who Need Them

    ERIC Educational Resources Information Center

    Dynarski, Susan M.

    2007-01-01

    In 1997 Congress crafted an ambitious set of higher-education tax incentives that the House of Representatives and Senate are now revisiting. Millions of students each year receive the Hope tax credit and the Lifetime Learning tax credit. They are now firmly planted in the college-finance landscape. But according to the author, higher-education…

  13. Tax Game

    NSDL National Science Digital Library

    Betty J. Blecha

    The link between a set of taxes and income distribution is an important, but difficult, concept taught in economics principles courses. The Tax Game simulation requires a student to set tax rates for an income tax, a property tax, a wealth tax, a payroll tax, a corporate income tax, a sales tax,and an excise tax. The student can choose any rates he or she wishes, but must achieve a given revenue target.

  14. 26 CFR 20.2053-10 - Deduction for certain foreign death taxes.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... false Deduction for certain foreign death taxes. 20.2053-10 Section 20...2053-10 Deduction for certain foreign death taxes. (a) General rule...deduction has upon the credit for foreign death taxes. (b) Condition for...

  15. 26 CFR 20.2053-10 - Deduction for certain foreign death taxes.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... true Deduction for certain foreign death taxes. 20.2053-10 Section 20...2053-10 Deduction for certain foreign death taxes. (a) General rule...deduction has upon the credit for foreign death taxes. (b) Condition for...

  16. 26 CFR 20.2053-10 - Deduction for certain foreign death taxes.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... false Deduction for certain foreign death taxes. 20.2053-10 Section 20...2053-10 Deduction for certain foreign death taxes. (a) General rule...deduction has upon the credit for foreign death taxes. (b) Condition for...

  17. 26 CFR 20.2053-10 - Deduction for certain foreign death taxes.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... false Deduction for certain foreign death taxes. 20.2053-10 Section 20...2053-10 Deduction for certain foreign death taxes. (a) General rule...deduction has upon the credit for foreign death taxes. (b) Condition for...

  18. 26 CFR 20.2053-10 - Deduction for certain foreign death taxes.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ... true Deduction for certain foreign death taxes. 20.2053-10 Section 20...2053-10 Deduction for certain foreign death taxes. (a) General rule...deduction has upon the credit for foreign death taxes. (b) Condition for...

  19. 26 CFR 301.6362-4 - Rules for adjustments relating to qualified resident taxes.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...subdivisions thereof which under the law of the State is subject to the tax; over (2) The sum...the State. (c) Credits for taxes of other jurisdictions —(1) In general. A State tax law that provides for a...

  20. 27 CFR 19.21 - Tax.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...each proof gallon and a proportionate tax at a like rate on all fractional...which contain spirits, on which the tax imposed by law has not been paid, and any alcoholic...spirits. (b) A credit against the tax imposed on distilled spirits...

  1. MATH 4310 8/22/2012 ANOTHER DIRECT PROOF The Greek mathematician Pythagoras is often credited with proving the following theorem. We give a

    E-print Network

    Holm, Tara S.

    details explaining why this figure establishes the Pythagorean Theorem. The Pythagorean Theorem. Consider with proving the following theorem. We give a proof that is essentially a single figure. We include the full

  2. 12 CFR 567.12 - Purchased credit card relationships, servicing assets, intangible assets (other than purchased...

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ...credit-enhancing interest-only strips, and deferred tax assets. 567.12 Section 567...credit-enhancing interest-only strips, and deferred tax assets. (a) Scope. ...credit-enhancing interest-only strips, and deferred tax assets that savings...

  3. Corporate taxes, strategic default, and the cost of debt

    Microsoft Academic Search

    Ali Nejadmalayeri; Manohar Singh

    The current US tax code’s loss carry provisions provide implicit tax subsidies to financially troubled firms. Since shareholders ultimately decide when to announce bankruptcy, such tax subsidies can incentivize them to strategically postpone default. Therefore, corporate taxation can influence corporate cost of debt. Using a large panel of corporate bonds, we find supporting evidence: credit spreads become smaller as tax

  4. How will the new Tax Reform Act impact energy transactions

    Microsoft Academic Search

    M. Klepper; J. S. Christie

    1987-01-01

    In many ways the Tax Reform Act of 1986 represents true tax reform, as it makes sweeping changes in many basic federal tax code provisions for both individuals and corporations. The Act will have a significant impact on financing for cogeneration, alternative energy, and energy efficiency transactions, due to substantial modifications in provisions concerning depreciation, investment and energy tax credits,

  5. Slides made by unethically collecting some well known facts from the web, without giving proper credit, out of sheer laziness... for internal use ONLY!

    E-print Network

    Ignjatovic, Aleksandar

    ) The Case of the Sole Remaining Supplier The heart pacemaker: A device that has a timer that resets itself), the pacemaker gives a stimulus that causes a heartbeat. It's 1975, and you are on the board of directors heart pacemakers. Pacemaker technology is in its infancy. When doctors implant a pacemaker

  6. College Access and Tax Credits

    ERIC Educational Resources Information Center

    Cooper, Michelle Asha

    2005-01-01

    For over a half-century, discussions of educational barriers have figured prominently on the national agenda. In the 1940's, under the leadership of President Harry Truman, the Commission on Higher Education articulated the nation's commitment to "eliminate the barriers of equality of educational opportunity." Nearly two decades later, the Higher…

  7. 27 CFR 46.132 - Credit for incorrect stamp.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...2010-04-01 false Credit for incorrect stamp. 46.132 Section 46.132 Alcohol...Rules for Special (Occupational) Tax Stamps for Incorrect Period Or Incorrect Liability § 46.132 Credit for incorrect stamp. (a) General. The...

  8. Corporate income tax competition, double taxation treaties, and foreign direct investment

    Microsoft Academic Search

    Eckhard Janeba

    1995-01-01

    In the presence of international capital mobility, foreign direct investment is influenced by corporate income tax rates and the rules of how taxes paid in the host country are treated at home. In this paper the exemption, credit and deduction methods are considered as tax rules. Tax competition is modeled as a non-cooperative game with respect to both corporate tax

  9. 26 CFR 1.168(i)-3 - Treatment of excess deferred income tax reserve upon disposition of deregulated public utility...

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...false Treatment of excess deferred income tax reserve upon disposition of...3 Treatment of excess deferred income tax reserve upon disposition of...the treatment of accumulated deferred investment tax credits when utilities...

  10. 26 CFR 1.168(i)-3 - Treatment of excess deferred income tax reserve upon disposition of deregulated public utility...

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...false Treatment of excess deferred income tax reserve upon disposition of...3 Treatment of excess deferred income tax reserve upon disposition of...the treatment of accumulated deferred investment tax credits when utilities...

  11. 26 CFR 1.46-8 - Requirements for taxpayers electing additional one-percent investment credit (TRASOP's).

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...taxpayers electing additional one-percent investment credit (TRASOP's). 1.46-8...TAXES Rules for Computing Credit for Investment in Certain Depreciable Property ...taxpayers electing additional one-percent investment credit (TRASOP's). (a)...

  12. Fuel Cell Tax Incentives: How Monetization Lowers the

    E-print Network

    /Premium State Tax Credits Sales/Property Tax Exemptions Grants/Subsidies Rebates Buy-Downs Loan Guarantees REC income citizens, including police, fire and nursing staff in high-cost-of-living areas. · EXAMPLE Value February 19, 2009 #12;Monetized Credits v. Government Grants Assume :

  13. The President's Agenda for Tax Relief

    NSDL National Science Digital Library

    2001-01-01

    In early 2001, President Bush released a summary of his agenda for tax relief. He claims to offer a "bold and fair tax relief plan that will reduce the inequities of the current tax code and help ensure that America remains prosperous." Highlights of Bush's proposal include doubling the child care credit to $1,000 per child, reinstating the ten percent deduction for two-earner couples, thus reducing the "marriage penalty," and eliminating inheritance taxes. The rather celebratory summary provides a short explanation of each element of the new tax plan, along with several charts on topics including consumer debt, tax rates for Americans on the edge of poverty, and the tax reduction for the poorest families. Finally, the report offers an easy-to-understand, side-by-side comparison of the current tax code and the Bush plan.

  14. William and Mary Athletics W&M Small Purchase Credit Cards

    E-print Network

    Swaddle, John

    with the credit card. W&M is also tax-exempt in some other states. Tax-exempt information for other states&M credit card is lost or stolen, the cardholder must immediately call BOA Cardholder Customer Service (888William and Mary Athletics W&M Small Purchase Credit Cards Last Update: 2/17/14 Effective: 2

  15. TAX EVASION IN INTERRELATED TAXES

    E-print Network

    Alejandro Esteller-moré A

    ABSTRACT: In 1969, Shoup postulated that the presence of interrelated taxes in a tax system would reinforce the tax penalty system ("self-reinforcing penalty system of taxes"). In this paper, we have tried to formally develop this idea. We find that in order for tax reinforcement to be maintained, it is necessary for interrelated taxes to be administered by a single tax administration, or if they are administered by different tax administrations, the level of collaboration between them has to be sufficiently high. If so, tax evasion in interrelated taxes might be considered as an alternative explanation for the gap between the levels of tax evasion that can be guessed in practice and the much higher levels predicted by the classical tax evasion theory (Allingham and Sandmo, 1972; Yitzhaki, 1974). Otherwise, the result anticipated by Shoup may even be reversed. Moreover, as long as collaboration is imperfect, the classical results of the comparative statics might change, since in some cases, although global tax compliance increases when faced with a variation in a tax parameter, it can decrease in a single tax.

  16. The Significance of Tax Law Asymmetries: An Empirical Investigation

    Microsoft Academic Search

    Rosanne Altshuler; Alan J. Auerbach

    1990-01-01

    This study uses tax return data for U.S. nonfinancial corporations for the period 1971-82 to estimate the importance of restrictions on the ability of firms to use tax credits and to obtain refunds for tax losses. Our results suggest that the incidence of such unused tax benefits increased substantially during the early 1980s, though we do not find these increases

  17. 26 CFR 1.47-1 - Recomputation of credit allowed by section 38.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...INCOME TAX INCOME TAXES Rules for Computing Credit for Investment in Certain Depreciable...paragraph (a) of § 1.46-3, in computing the taxpayer's qualified investment...paragraph) which was taken into account in computing such qualified investment, then...

  18. 26 CFR 1.47-1 - Recomputation of credit allowed by section 38.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...INCOME TAX INCOME TAXES Rules for Computing Credit for Investment in Certain Depreciable...paragraph (a) of § 1.46-3, in computing the taxpayer's qualified investment...paragraph) which was taken into account in computing such qualified investment, then...

  19. NATIONAL CENTRAL UNIVERSITY FUND AT GIVE2ASIA HOW TO GIVE

    E-print Network

    NATIONAL CENTRAL UNIVERSITY FUND AT GIVE2ASIA HOW TO GIVE 340 Pine Street that serves as a catalyst for philanthropic investment in Asia. Give2Asia makes for the National Central University Fund are tax deductible. Give2Asia is recognized

  20. 26 CFR 1.874-1 - Allowance of deductions and credits to nonresident alien individuals.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...of deductions and credits to nonresident alien individuals. 1.874-1 Section 1...INCOME TAXES (CONTINUED) Nonresident Aliens and Foreign Corporations § 1.874-1...of deductions and credits to nonresident alien individuals. (a) Return...

  1. 26 CFR 1.874-1 - Allowance of deductions and credits to nonresident alien individuals.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...of deductions and credits to nonresident alien individuals. 1.874-1 Section 1...INCOME TAXES (CONTINUED) Nonresident Aliens and Foreign Corporations § 1.874-1...of deductions and credits to nonresident alien individuals. (a) Return...

  2. 26 CFR 1.874-1 - Allowance of deductions and credits to nonresident alien individuals.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...of deductions and credits to nonresident alien individuals. 1.874-1 Section 1...INCOME TAXES (CONTINUED) Nonresident Aliens and Foreign Corporations § 1.874-1...of deductions and credits to nonresident alien individuals. (a) Return...

  3. 26 CFR 1.874-1 - Allowance of deductions and credits to nonresident alien individuals.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...of deductions and credits to nonresident alien individuals. 1.874-1 Section 1...CONTINUED) INCOME TAXES Nonresident Aliens and Foreign Corporations § 1.874-1...of deductions and credits to nonresident alien individuals. (a) Return...

  4. 26 CFR 1.874-1 - Allowance of deductions and credits to nonresident alien individuals.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...of deductions and credits to nonresident alien individuals. 1.874-1 Section 1...INCOME TAXES (CONTINUED) Nonresident Aliens and Foreign Corporations § 1.874-1...of deductions and credits to nonresident alien individuals. (a) Return...

  5. 26 CFR 1.46-2 - Carryback and carryover of unused credit.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...pre-1971 credit years may be carried, see paragraph (g) of this section. (f) Limitations on carrybacks. Under the FIFO rule to section 46(a)(1), carryovers and credit earned are applied against the tax liability limitation before...

  6. Tax policy

    SciTech Connect

    Not Available

    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.

  7. Give.org Charity Standards

    NSDL National Science Digital Library

    A useful service available on the web from the Better Business Bureaus Wise Giving Alliance. The service "promotes ethical standards within the charitable community, provides information to the public on charitable organizations, and educates individual and corporate donors on wise giving." Give.org issues reports on non-profit organizations based on the number of inquiries received for an organization. Included with most reports is information on an organization's "background, current programs, governing body, fund-raising practices, tax-exempt status, finances, and indication of whether or not the organization complies with the BBB Standards for Charitable Solicitations."

  8. Establishing Credit

    NSDL National Science Digital Library

    Mrs. T. Behling

    2009-09-16

    This project is to help you understand about how to establish good credit even when you are young adults. When we are done with this lesson you should be able to answer the following questions. 1. What is credit? 2. What does it mean to have good credit? 3. How do you establish good credit? 4. What is a good credit score? 5. When might you be concerned about ...

  9. TAX HELP FOR INTERNATIONAL STUDENTS Who Must File?

    E-print Network

    Mahon, Bradford Z.

    TAX HELP FOR INTERNATIONAL STUDENTS Who Must File? · Almost ALL F-1 and J-1 students present to file other state and federal tax forms · Employers issue W-2 Wage and Tax Statements and other income forms in late January, save for tax filing · GLACIER will give you the option to print out Form 1042S

  10. The Middle Class Parent Penalty: Child Benefits in the U.S. Tax Code

    Microsoft Academic Search

    David T. Ellwood; Jeffrey B. Liebman

    2000-01-01

    Low-income families with children receive large tax benefits from the Earned Income Tax Credit, while high income taxpayers receive large tax benefits from dependent exemptions (whose value is greater to those in higher tax brackets). In contrast, middle-income parents receive substantially smaller tax benefits associated with children. This U-shaped pattern of benefits by income, which we call the middle-class parent

  11. 47 CFR 32.4080 - Other taxes-accrued.

    Code of Federal Regulations, 2014 CFR

    2014-10-01

    ...CONTINUED) COMMON CARRIER SERVICES UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions for Balance Sheet Accounts § 32.4080 Other taxes—accrued. (a) This account shall be credited or charged and Account...

  12. 47 CFR 32.4070 - Income taxes-accrued.

    Code of Federal Regulations, 2013 CFR

    2013-10-01

    ...CONTINUED) COMMON CARRIER SERVICES UNIFORM SYSTEM OF ACCOUNTS FOR TELECOMMUNICATIONS COMPANIES Instructions for Balance Sheet Accounts § 32.4070 Income taxes—accrued. (a) This account shall be credited or charged and the...

  13. Tax Forms

    NSDL National Science Digital Library

    Ledvina, Mary Jane.

    As thoughts in the US turn to taxes (April 15 is just around the corner), Mary Jane Ledvina of the Louisiana State University regional government depository library has provided a simple, effective pointers page to downloadable tax forms. Included are federal tax forms and those for 43 states. Of course, available forms vary by state. Most forms are in Adobe Acrobat (.pdf) format. This is a simple, crisply designed page that should save time, although probably not headaches.

  14. Tax Preparation Tax Software Tax Advice and Tax

    NSDL National Science Digital Library

    With the April 15 income tax deadline looming, most US taxpayers already have their tax forms (see the Scout Report for January 31, 1997). Now, for help with filling them in, H&R Block is standing by. The H&R Block page is highlighted by tips in eleven subject areas from business and professional to single parent to farmer. The tips, while thinly veiled ads for H&R Block, are concise checklists and reminders. The page also offers a tax refund calculator and "Ask Henry," where users can ask Block tax research experts a question. Selected questions are answered.

  15. The Revenue Act of 1978: tax reform legislation continues.

    PubMed

    Komensky, A M

    1979-04-01

    The Revenue Act of 1978 contains several changes in the federal tax laws that affect the business aspects of dental practice as well as the dentist as a individual taxpayer. The dentist as a business person should be aware of the provisions affecting the investment credit, simplified pensions plans, the corporate tax rates, the jobs tax credit, and subchapter S corporations. The dentist as an individual taxpayer should be aware of the new individual tax rates, the general tax credit, changes in the itemized deductions, and the capital gains tax. In addition, all dentists must be aware of the changes in the social security laws. The provisions of the Revenue Act of 1978 presented do not represent every new provision, only those that most directly affect the dentist. Several other provisions of the act must not be overlooked in tax planning or tax preparation. With the changes in the tax laws in mind, the dentist, working with an attornye, accountant, or business advisor, could plan the advantageous ways to expand the practice, purchase new equipment, or shorten the time of tax return preparation. PMID:285131

  16. 27 CFR 40.473 - Credit or refund.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ... MANUFACTURE OF TOBACCO PRODUCTS, CIGARETTE PAPERS AND TUBES, AND PROCESSED TOBACCO Manufacture of Cigarette Papers and Tubes Claims by Manufacturers...Credit or refund. The taxes paid on cigarette papers and tubes may be...

  17. 27 CFR 40.473 - Credit or refund.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... MANUFACTURE OF TOBACCO PRODUCTS, CIGARETTE PAPERS AND TUBES, AND PROCESSED TOBACCO Manufacture of Cigarette Papers and Tubes Claims by Manufacturers...Credit or refund. The taxes paid on cigarette papers and tubes may be...

  18. 27 CFR 40.473 - Credit or refund.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... MANUFACTURE OF TOBACCO PRODUCTS, CIGARETTE PAPERS AND TUBES, AND PROCESSED TOBACCO Manufacture of Cigarette Papers and Tubes Claims by Manufacturers...Credit or refund. The taxes paid on cigarette papers and tubes may be...

  19. 27 CFR 40.473 - Credit or refund.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... MANUFACTURE OF TOBACCO PRODUCTS, CIGARETTE PAPERS AND TUBES, AND PROCESSED TOBACCO Manufacture of Cigarette Papers and Tubes Claims by Manufacturers...Credit or refund. The taxes paid on cigarette papers and tubes may be...

  20. 27 CFR 40.473 - Credit or refund.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... MANUFACTURE OF TOBACCO PRODUCTS, CIGARETTE PAPERS AND TUBES, AND PROCESSED TOBACCO Manufacture of Cigarette Papers and Tubes Claims by Manufacturers...Credit or refund. The taxes paid on cigarette papers and tubes may be...

  1. 27 CFR 28.150 - Charges and credits on bond.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...TREASURY LIQUORS EXPORTATION OF ALCOHOL Removal of Beer and Beer Concentrate Without Payment of Tax for Exportation...150 Charges and credits on bond. The removal of beer concentrate from the brewery without payment of...

  2. 7 CFR 1980.392 - Mortgage Credit Certificates (MCCs) and Funded Buydown Accounts.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...When the Lender is participating in an MCC program the amount of the tax credit is...2) The Lender will submit a copy of the MCC and a copy of the applicant's Form IRS...applicant's maximum tax liability. (i) The MCC must show the rate of credit...

  3. Use of local tax incentives for solar energy systems

    Microsoft Academic Search

    M. ONeill; M. G. Wade

    1982-01-01

    In addition to incentives such as tax credits and low interest loans which are provided on the state and federal levels to promote the use of solar energy systems, there are numerous locally available incentives which can provide a further inducement for the use of solar. These include loans, demonstration projects, utility-financed solar installations and local property tax abatements and

  4. 26 CFR 31.3301-1 - Persons liable for tax.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...not subject to any State unemployment compensation law, he is nevertheless liable for the tax. However, if he is subject to such a State law, he may be entitled to certain credits against the tax (see §§ 31.3302(a)1 to...

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

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...not subject to any State unemployment compensation law, he is nevertheless liable for the tax. However, if he is subject to such a State law, he may be entitled to certain credits against the tax (see §§ 31.3302(a)1 to...

  6. 26 CFR 31.3301-1 - Persons liable for tax.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...not subject to any State unemployment compensation law, he is nevertheless liable for the tax. However, if he is subject to such a State law, he may be entitled to certain credits against the tax (see §§ 31.3302(a)1 to...

  7. 26 CFR 31.3301-1 - Persons liable for tax.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...not subject to any State unemployment compensation law, he is nevertheless liable for the tax. However, if he is subject to such a State law, he may be entitled to certain credits against the tax (see §§ 31.3302(a)1 to...

  8. 26 CFR 31.3301-1 - Persons liable for tax.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...not subject to any State unemployment compensation law, he is nevertheless liable for the tax. However, if he is subject to such a State law, he may be entitled to certain credits against the tax (see §§ 31.3302(a)1 to...

  9. The Recent Corporate Income Tax Reform Proposals in Canada and the United States

    Microsoft Academic Search

    Patrick Grady

    1986-01-01

    In May 1985, Canada's Minister of Finance and the President of the United States each put forward a proposal for reforming his country's corporate income tax system. Both proposals called for a broadening of the tax base and the elimination of investment tax credits. The U. S. proposal also included indexation of depreciation allowances and inventory cost. The study reported

  10. Tuition Tax Concessions in Minnesota: A Historical View of the National Precedent.

    ERIC Educational Resources Information Center

    Malen, Betty

    The research on which this paper is based examined the legislative process resulting in Minnesota's tuition tax concession statutes through a study of four decision events: the 1955 passage of a tax deduction, the 1971 adoption of a tax credit, the 1976 increase of the 1955 deduction allowance, and the 1981 retention of this deduction in a climate…

  11. Senate unit approves 40% coal-shift credit

    Microsoft Academic Search

    Minarcin

    1977-01-01

    Differences in the House and Senate proposals for incentives and disincentives regarding conversion to coal are summarized as the two versions are debated in conference committee. Although the Senate approved a 40 percent investment tax credit for companies changing from oil and gas to other fuels, its opposition to President Carter's emphasis on taxes, which the House supports, will make

  12. Addressing Tax Risks Involving Bank Losses

    E-print Network

    unknown authors

    ax risk bank loss risk bank loss tax risk bank loss tax bank loss tax risk bank loss tax risk tax risk bank loss tax risk bank loss tax risk bank loss tax risk bank loss bank loss risk tax bank loss risk tax risk tax bank loss risk tax bank loss risk tax bank loss tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk oss risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax isk bank loss tax risk bank loss tax risk bank loss tax risk bank loss tax risk bank loss tax isk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax ank loss tax risk bank loss tax risk bank loss tax risk bank loss tax risk bank loss tax risk bank loss ax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank ax risk bank loss tax risk bank loss tax risk bank loss tax risk bank loss tax risk bank loss tax risk ba ank loss risk tax bank loss risk tax bank loss risk tax ?? risk tax bank loss risk tax bank loss risk tax bank loss risk tax bank loss risk tax b

  13. Tax Asymmetries and Corporate Income Tax Reform

    Microsoft Academic Search

    Saman Majd; Stewart C. Myers

    1986-01-01

    This paper investigates the impact of tax asymmetries (the lack of full loss offsets) under current corporate income tax law and a stylized tax reform proposal. The government's tax claim on the firm's pretax cash flows is modelled as a series of path-dependent call options and valued by option pricing procedures and Monte Carlo simulation.The tax reform investigated reduces the

  14. 17 CFR 250.45 - Loans, extensions of credit, donations and capital contributions to associate companies.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...Extensions of credit without interest...Extensions of credit to a subsidiary...holding company to guarantee, to assume...holding-company system: (A) Court...and indirect guarantees, assumptions...holding company system, provided that...Corporate tax credit is a...

  15. Tax consequences of separating corporate businesses

    E-print Network

    Zuber, Gordon Dewey

    1958-01-01

    the Internal Revenue Service generally does not enforce the tax provisions. The purpose of the tax was originally to force corporations to pay dividends to the stockholders, thereby giving a boost to the national economy because oi the additional consumer...Lips ARY g ~ggpgF ep &Ex' TAX CONSEQUENCES OP SEPARATING CORPORATE BUSINESSES A Thesis Gordon D. Zuber Submitted to the Graduate School of the Agricultural and lNechanical College of Texas in partial fulfillment of the requirements...

  16. TaxIssue.com

    NSDL National Science Digital Library

    Created by Athmatic Media, TaxIssue.com provides a plentitude of free tax information. The Resources section includes filing information, tax statistics, and both federal and state tax forms. Several utilities allow users to search tax codes, tax cases, and revenue procedures as well as estimate their tax refunds and view interest rate data. Interested users may also subscribe to the TaxIssue.com newsletter.

  17. States' Budgets Reflect Rising Tax Collections

    ERIC Educational Resources Information Center

    Hoff, David J.

    2005-01-01

    Many state budgets are reaping the benefits of tax revenues that are rising faster than at any time since the economic slowdown ended. Overall tax collections by states rose by 11.7 percent in the first quarter of 2005, giving the legislatures extra cash to shore up school aid, increase teacher pay, and finance new initiatives such as full-day…

  18. Johnston opens debate to scrap Btu tax for VAT

    Microsoft Academic Search

    Burkhart

    1993-01-01

    At a meeting of the Senate Energy Committee February 24, Chairman J. Bennett Johnston (D-LA), give his preliminary view that a value-added tax (VAT) would offer a better means of raising revenue than President Clinton's proposed Btu tax. The VAT - widely used in Europe - is a tax imposed at each step of the manufacturing process and reflects the

  19. Commodity tax competition with Constrained Taxes

    E-print Network

    Paris-Sud XI, Université de

    Commodity tax competition with Constrained Taxes Pascal Belan St´ephane Gauthier 6th August 2008 that there can be only two rates of tax on the different commodities, a positive rate and the zero-rate. The main by countries, i.e., the level of the positive rate and the set of taxed commodities. Under the origin principle

  20. CREDIT CARD FRAUD

    Microsoft Academic Search

    Lacramioara BALAN; Mihai POPESCU

    2011-01-01

    Credit card fraud is the misuse of a credit card to make purchases without authorization or counterfeiting a credit card. Credit cards are the most often used electronic payment instrument. Types of credit card fraud are: online credit card fraud, advance payments, stolen card numbers, shave and paste, de-emboss\\/re-emboss etc. If current growth rates continue, credit cards and debit cards

  1. Courses Credit Hours Total Credit Hours

    E-print Network

    Mohaghegh, Shahab

    Courses Credit Hours Total Credit Hours Hrs Attempted Hrs Completed Semester GPA Overall GPA Date are requesting to register for more than 20 credit hours during the fall/spring and more than 14 credit hours and approval from the Assistant/Associate Dean. For requests to register for more than 21 credit hours during

  2. EZ-Tax: Tax Salience and Tax Rates

    E-print Network

    Finkelstein, Amy

    This paper examines whether the salience of a tax system affects equilibrium tax rates. I analyze how tolls change after toll facilities adopt electronic toll collection (ETC); drivers are substantially less aware of tolls ...

  3. Optimizing Tax Careers and Corporate Tax DepartmentsOptimizing Tax Careers and Corporate Tax Departments EducationalEducational

    E-print Network

    Huang, Haiying

    Optimizing Tax Careers and Corporate Tax DepartmentsOptimizing Tax Careers and Corporate Tax Departments 20132013 EducationalEducational Survey SeriesSurvey Series The Best MS Tax Programs According toThe Best MS Tax Programs According to Tax Hiring AuthoritiesTax Hiring Authorities #12;2013 Educational

  4. State of California BOARD OF EQUALIZATION SALES AND USE TAX REGULATIONS Regulation 1617.

    E-print Network

    unknown authors

    subject to use tax do not include the amount of any federal tax imposed upon or with respect to retail sales whether imposed upon the retailer or upon the consumer and regardless of whether the amount of federal tax is stated to the consumer as a separate charge. Retailers must retain records to show that the amounts deducted as federal tax have been returned to the United States or will be returned to the United States. (b) OTHER FEDERAL EXCISE TAXES. (1) Except as indicated in subdivisions (b)(2) and (b)(3), gross receipts subject to sales tax and the sales price subject to use tax include the amount of any federal excise tax included in the prices of the property sold, even though the manufacturer or importer is also the retailer thereof, and it is immaterial whether or not the amount of such tax is stated as a separate charge. (2) Prior to July 1, 1995, gross receipts subject to sales tax and the sales price subject to use tax do not include the amount of the federal excise tax imposed pursuant to Section 4091 of the Internal Revenue Code with respect to diesel fuel or jet fuel for which the purchaser obtains either a direct refund or credit against his or her income tax. (3) Beginning July 1, 1995, gross receipts subject to sales tax and the sales price subject to use tax do not

  5. COLLECTION OF USE TAX BY RETAILERS.

    E-print Network

    unknown authors

    (a) IN GENERAL. Except as provided in subdivision (d) below, any retailer engaged in business in a district imposing transactions (sales) and use taxes and making sales of tangible personal property, the storage, use or other consumption of which is subject to the state-administered district use tax imposed by that district is required to register with the Board, collect the use tax from the purchaser, give receipts therefor, and pay the tax to the Board. Retailers to whom seller’s permits have been or are issued under Section 6067 of the Revenue and Taxation Code and who are engaged in business in the district are registered to collect the district use tax. Any retailer who is not engaged in business in the district imposing transactions (sales) and use taxes may apply for a Certificate of Registration — Use Tax. Holders of such certificates are required to collect tax from purchasers, give receipts therefor, and pay tax to the Board in the same manner as retailers engaged in business in the district. (b) WHEN COLLECTION OF USE TAX IS REQUIRED. (1) DELIVERIES INTO THE DISTRICT. A Retailer engaged in business in the district (except retailers of certain vehicles, aircraft and vessels as described in paragraph (c)(4) below) shall not be required to collect use tax from the purchaser of tangible personal property unless the retailer ships or delivers the property into the district or participates within the district in making the sale of the property, including, but not limited to soliciting or receiving the order, either directly or indirectly, at a place of business of the retailer in the district or through any representative, agent,

  6. The Price of Paying Taxes: How Tax Preparation and Refund Loan Fees Erode the Benefits of the EITC

    NSDL National Science Digital Library

    Berube, Alan.

    2002-01-01

    For the first time scholars and researchers have gotten together and prepared an analytical survey on the relationship between Earned Income Tax Credit (EITC) recipients and the location of tax preparation services (such as H&R Block and Jackson Hewitt) that offer e-filing and tax returns. Available in Adobe Acrobat (.pdf), and co-authored by the Brookings Urban Center and the Progressive Policy Institute, this report "analyzes information on the commercial tax preparation industry and the spatial distribution of its firms." The report also contains information regarding the concentration of "fast cash" refund loan facilities within low-income communities throughout the nationâ??s 100 largest metropolitan areas, and provides an estimate of the total amount spent on tax preparation and loans by EITC recipients. According to the report, EITC recipients dished-out approximately $2 billion for tax preparation services and products in 1999, with more than half of all low-income families purchasing refund loans in some of the nation's largest cities and suburbs. To help decrease the amount of money spent on these types of services, the authors of the report outlined a policy agenda that would help EITC recipients maintain the full value of their return. Some of the agenda recommendations include simplifying tax credits for low-income families; broadening the availability of free and affordable tax preparation assistance and electronic filing of returns; and expanding access to low-cost bank accounts to promote direct deposit of EITC refunds.

  7. Why Are Banks Paying So Little UK Corporation Tax?

    E-print Network

    Meeks, G.; Meeks, J. G.

    2014-12-29

    , Helen Miller, David Tweedie, Geoffrey Whittington and an anonymous referee. *University of Cambridge 2 Abstract This paper explores the dramatic fall in receipts of UK Corporation Tax (UKCT) from banks, and the widening gap... provisions for credit gains and for the redress of mis-selling of banking products, that have been significant in recent years. Finally, tax adjustments are required to produce taxable profits (see Macdonald and Martin, 2004, for a fuller account...

  8. Thomson Tax On - Line

    NSDL National Science Digital Library

    Thomson Tax On-Line is provided by the Thomson Corporation, a major publishing group, to provide information on the latest developments in United Kingdom taxation. The Tax Alert section provides up-to-date UK tax news including government and professional bodies press releases, and tax case decisions. Tax news for the past three months is archived in the Tax Archive section. The Tax Facts section provides tax tables, the current indexation allowance, the current retail price index (RPI), and Inland Revenue Interest Factor Tables.

  9. Credit Cycles

    Microsoft Academic Search

    Nobuhiro Kiyotaki

    1997-01-01

    The authors construct a model of a dynamic economy in which lenders cannot force borrowers to repay their debts unless the debts are secured. In such an economy, durable assets play a dual role: not only are they factors of production but they also serve as collateral for loans. The dynamic interaction between credit limits and asset prices turns out

  10. Tendency and responses to credit card fraud in Taiwan

    Microsoft Academic Search

    Ma Yu-Feng

    2005-01-01

    Analyses the factors in Taiwanese credit card fraud, and gives case studies in order to classify the main types of fraud; these include fraudulent use of other people’s cards, credit card applications with forged documents, use of credit cards for illicit financing, looking for authorisation loopholes to conduct scams, and frauds committed by the staff at financial institutions. Outlines the

  11. Credit-Based Flow Control for ATM Networks

    Microsoft Academic Search

    T. Blackwell; K. Chang; H. T. Kung; D. Lin

    1994-01-01

    In credit-based flow control for ATM networks, switch buffer space is first allocated to each virtual circuit (VC) and then credit control is applied to the VC to prevent possible buffer overflow. Adaptive buffer allocation improves sharing by allowing dynamic alloca- tion of buffer space to multiple VCs sharing the same buffer pool. This paper gives an overview of credit

  12. 12 CFR 1.110 - Taxing powers of a State or political subdivision.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ... false Taxing powers of a State or political subdivision. 1.110 Section 1...1.110 Taxing powers of a State or political subdivision. (a) An obligation...the full faith and credit of a State or political subdivision possessing general...

  13. Tax Bases, Tax Rates and the Elasticity of Reported Income

    Microsoft Academic Search

    Wojciech Kopczuk

    2003-01-01

    Tax reforms usually change both tax rates and tax bases. Using a panel of income tax returns spanning the two major U.S. tax reforms of the 1980s and a number of smaller tax law changes, I find that the elasticity of income reported on personal income tax returns depends on the available deductions. This highlights that this key behavioral elasticity

  14. 26 CFR 20.6166-1 - Election of alternate extension of time for payment of estate tax where estate consists largely...

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...His estate owes Federal estate taxes of $750,000, $500,000 of...the 5 years during which payment of tax is deferred. (This is so because the 4 percent...only to a maximum of $345,800 of tax less the $30,000 of credit...

  15. Anti-tax-avoidance provisions and the size of foreign direct investment

    Microsoft Academic Search

    Alfons J. Weichenrieder

    1996-01-01

    The paper sets up a model of a multinational firm in which the home country uses a credit with deferral or an exemption system and the host country is a low-tax jurisdiction. In this model the impact of anti-tax-avoidance provisions on the size and the growth of the foreign subsidiary is analyzed. Two main results emerge. First, anti-tax-avoidance provisions may

  16. effectively tax treaty?

    E-print Network

    Krovi, Venkat

    Is income effectively connected to US trade/ business? Is this exempt under the tax treaty? Does- employee comp? Is income "effectively connected"? Is payment subject to a lower tax rate? Is payment for rent or royalty? Individual completes IRS form 1001. Payment will not be taxed. (Code "N") Taxes

  17. Tax Policy Center: TaxVox

    NSDL National Science Digital Library

    2014-01-21

    The Brookings Institution offers comment on topics such as financial restructuring, international relations, and metropolitan policy. Its Tax Policy Center is one of its thematic centers that provides access to white papers, commentaries, data sets and other resources related to this complex subject. This in-house blog, TaxVox, offers up thoughtful musings on the wide world of taxes that will be of note to policy makers and journalists, as well as the general public. Visitors can scan through these posts at their leisure, which include "Taxing Bitcoin" and "Time to Park the Commuter Tax Subsidy." Additionally, the site contains a search engine and a list of Recent Entries.

  18. Tax History Museum

    NSDL National Science Digital Library

    The 2000 tax deadline has passed, and users with taxes on their minds may be interested in the Tax History Museum. Created and maintained by Tax Analysts, this online museum covers American tax history from 1660 to the present. Divided into chronological periods, each exhibit contains a narrative history of American taxes, complete with images of documents, portraits of some of the key figures, and illustrations. Still under construction, the 20th-century exhibit will also contain sound clips of some of the most famous tax-related speeches of the last 100 years.

  19. 26 CFR 1.45G-1 - Railroad track maintenance credit.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...INCOME TAX INCOME TAXES Rules for Computing Credit for Investment in Certain Depreciable...of this section provides rules for computing the RTMC, including rules regarding...of this section contains rules for computing the amount of the RTMC in the case...

  20. TaxWeb

    NSDL National Science Digital Library

    TaxWeb is a comprehensive resource center of tax information at the federal, state, and local levels. Highlights include a twelve-month tax calendar with specific dates for those paying excise taxes, employers, and the general public; a list of tax publishers (software included), complete with links to company homepages; and information on where to file by mail, Internet, fax, or other medium.

  1. The Tax History Project

    NSDL National Science Digital Library

    Established in 1995 by Tax Analysts, the Tax History Project helps scholars, policymakers, students, and citizens easily access primary historical documents relating to American tax history. This rich resource archives US Treasury, White House, and Congressional documents from the early national, Depression, and World War II eras. Cartoon and poster image galleries supplement the text archives. Other features include statistical data on American taxation, Presidential Tax Returns, books reviews, and links to tax policy discussion groups.

  2. Integrating ICT Skills and Tax Software in Tax Education: A Survey of Malaysian Tax Practitioners' Perspectives

    ERIC Educational Resources Information Center

    Ling, Lai Ming; Nawawi, Nurul Hidayah Ahamad

    2010-01-01

    Purpose: This study aims to examine the ICT skills needed by a fresh accounting graduate when first joining a tax firm; to find out usage of electronic tax (e-tax) applications in tax practice; to assess the rating of senior tax practitioners on fresh graduates' ICT and e-tax applications skills; and to solicit tax practitioners' opinion regarding…

  3. Building umbrellas or arks? three alternatives to carbon credits and offsets

    SciTech Connect

    Sovacool, Benjamin K.

    2010-03-15

    Carbon credit markets suffer seemingly inescapable flaws that may justify alternative approaches such as carbon taxes, a complete phase-out of carbon dioxide emissions, or a global carbon fund. In the years to come, we must remember that credits are not the only sensible policy options for responding to climate change. (author)

  4. Consumer Education Resources: Credit, Credit Problems, Home Mortgages & Equity Loans.

    ERIC Educational Resources Information Center

    Eastern Michigan Univ., Ypsilanti. National Inst. for Consumer Education.

    This document contains five lists of consumer resources pertaining to credit, credit problems, and home mortgages and equity loans. The first list, targeted at adults, provides information on general credit, applying for credit and contracts, seniors and women and credit, credit options and costs, credit protection, credit reports and bureaus, and…

  5. Modeling Generator Power Plant Portfolios and Pollution Taxes in

    E-print Network

    Nagurney, Anna

    to beMarket failure: externalities need to be internalized.internalized. RenewablesRenewables are long(1993) and Cline (1999))(1999)) #12;Tax the Bad, Credit the Good Market failure: externalities need% of domestic primary energy (Edison Electric Institute (2000), Energyenergy (Edison Electric Institute (2000

  6. On the usefulness of tax incentives for informal investors

    Microsoft Academic Search

    Cécile Carpentier; Jean-Marc Suret

    2007-01-01

    This article analyses the QBIC programme introduced in Quebec to help capitalize SMEs. Taxpayers that invest in holding companies that finance one or more growth corporations receive substantial tax credits. Companies financed by this programme are apparently of mediocre quality. After the financing, the firms' growth is weak and their operational performance is significantly inferior to that of companies of

  7. Arbitration and Consumer Credit

    E-print Network

    Drahozal, Christopher R.; Rutledge, Peter B.

    2011-07-06

    This paper uses a newly available database of consumer credit card agreements to take the first, in-depth empirical look at why credit card issuers use arbitration clauses. Based on a sample of credit card agreements made ...

  8. National Tax Journal

    E-print Network

    William G. Gale

    Abstract- This paper examines the required tax rate in a national retail sales tax (NRST). I show that recent proposals, such as one to replace virtually all federal revenues with a 23 percent taxinclusive NRST, are based on assumptions that real government spending would decline by $480 billion per year and that there would be no tax avoidance, evasion, or political erosion of the tax base in an NRST. Correcting for these assumptions indicates that the required tax-inclusive rate would be over 50 percent and the required tax-exclusive rate would be over 100 percent.

  9. Agriculture Taxes in Texas

    E-print Network

    Jones, Lonnie L.; Stallmann, Judith I.

    2002-02-18

    farmers, ranchers and agribusiness firms, including: a73 Exemption from state and local sales and use taxes on purchased farm inputs and products. a73 The provision for local property tax pro- ductivity valuation for open space land. a73 Exemption from... sales and excise taxes on fuel used on farms and ranches. a73 Certain exemptions from state franchise taxes. Of these, by far the most significant tax savers for farmers, ranchers and agribusinesses are the exemption from sales and use taxes at the state...

  10. University of Utah Tax Services Supplemental Utah Tax Withholding Form

    E-print Network

    Tipple, Brett

    University of Utah Tax Services Supplemental Utah Tax Withholding Form WITHHOLDING TAX, I authorize the University of Utah to make the following Utah withholding tax deduction each: The above Utah state tax withholding deduction will remain in force until Tax Services is notified to change

  11. Phantom strikes again: new tax loophole could boost your utility rates

    SciTech Connect

    Morgan, R.E.

    1981-12-01

    The Economic Recovery Tax Act (ERTA) affects states with a flow-through accounting that requires utilities to pass tax savings on to customers. The Act protects those states that collect phantom taxes from private utilities with the Accelerated Cost Recovery System (ACRS) that depreciates new equipment faster and essentially eliminates utility taxes. To use ACRS, however, utilities must also normalize accelerated depreciation and the investment tax credit; i.e., utilities must charge customers as though they weren't receiving the tax break. The result will be the end of flow-through accounting and the start of higher utility rates. Groups in New York are challenging the new tax law and asking utilities to explore alternatives and take steps that will reduce the impact. (DCK)

  12. 2001 State Government Tax Collections

    NSDL National Science Digital Library

    2002-01-01

    The Census Bureau has released the 2001 State Government Tax Collections (STC) report, which lists data for 25 taxes imposed and collected by each of the 50 states. These items range from property taxes, to motor fuel and public utilities taxes, to alcoholic beverages and tobacco taxes, to income taxes. Users can view the summary table for individual states, or the ranking table where states are ranked according to total tax collected and by total tax per capita amounts.

  13. Give.org Charity Reports Index

    NSDL National Science Digital Library

    A useful service available on the web from the Better Business Bureaus Wise Giving Alliance. The service "promotes ethical standards within the charitable community, provides information to the public on charitable organizations, and educates individual and corporate donors on wise giving." Give.org issues reports on non-profit organizations based on the number of inquiries received for an organization. They are available at this website or through the mail (see website for address). An index to the current reports is arranged alphabetically for easy browsing. Included with most reports is information on an organization's "background, current programs, governing body, fund-raising practices, tax-exempt status, finances, and indication of whether or not the organization complies with the 23 voluntary BBB Standards for Charitable Solicitations."

  14. Pollution Taxes and Revenue Recycling

    Microsoft Academic Search

    Ian W. H. Parry

    1995-01-01

    Discussions of environmental policy and the tax system have emphasized the value of pollution tax revenues, which can be used to reduce other tax distortions in the economy. However by raising private marginal production costs, environmental taxes also tend to reduce GDP and exacerbate the welfare costs of conventional taxes. For environmental taxes in consumption goods industries, the net welfare

  15. II. Greenhouse gas markets, carbon dioxide credits and biofuels17

    E-print Network

    15 II. Greenhouse gas markets, carbon dioxide credits and biofuels17 The previous chapter analysed biofuels production. GHG policies18 that create a carbon price either through an emissions trading system or directly by taxing GHG emissions also generate increased demand for biofuels. They do so by raising

  16. 26 CFR 20.2014-5 - Proof of credit.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...property and its value. (2) If more than one inheritance or succession is involved with respect to which credit is claimed, or...a separate computation with respect to each inheritance or succession tax. (c) In addition to the information required...

  17. 26 CFR 20.2014-5 - Proof of credit.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...property and its value. (2) If more than one inheritance or succession is involved with respect to which credit is claimed, or...a separate computation with respect to each inheritance or succession tax. (c) In addition to the information required...

  18. 26 CFR 20.2014-5 - Proof of credit.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...property and its value. (2) If more than one inheritance or succession is involved with respect to which credit is claimed, or...a separate computation with respect to each inheritance or succession tax. (c) In addition to the information required...

  19. 26 CFR 20.2014-5 - Proof of credit.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...property and its value. (2) If more than one inheritance or succession is involved with respect to which credit is claimed, or...a separate computation with respect to each inheritance or succession tax. (c) In addition to the information required...

  20. 26 CFR 20.2014-5 - Proof of credit.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...property and its value. (2) If more than one inheritance or succession is involved with respect to which credit is claimed, or...a separate computation with respect to each inheritance or succession tax. (c) In addition to the information required...

  1. Tax Deductions

    MedlinePLUS

    ... GREAT3 Workshop 2014 National Conference Recap Marketplace Blogger Project Start a Support Group Giving Tuesday Volunteer Celiac Disease ... Save your receipts for your gluten-free groceries. Step Three: ... you can deduct and then start your calculations ! You will need to calculate the ...

  2. Taxes and Pensions

    E-print Network

    Diamond, Peter A.

    Pension benefit rules depend on individual history far more than taxes do, and age plays a much larger role in pension determination than in tax determination. Apart from some simulation studies, theoretical studies of ...

  3. Tax Systems in Transition

    Microsoft Academic Search

    Pradeep Mitra; Nicholas Stern

    2003-01-01

    How have tax systems, whose primary role is to raise resources to finance public expenditures, evolved in the transition countries of Eastern Europe and the former Soviet Union? Mitra and Stern find that: (1) the ratio of tax revenue-to-GDP decreased largely due to a fall in revenue from corporate income tax; (2) the fall in revenue from the corporate income

  4. Preparing Your Taxes

    NSDL National Science Digital Library

    Ng, Thiam Hee.

    This week's In the News looks at the resources available for people preparing their taxes. The eight resources discussed provide information and additional resources to taxpayers who are preparing their return. With the tax filing deadline of April 15 approaching, tax return preparation is in full swing.

  5. Debt and Taxes

    Microsoft Academic Search

    John S Flemming

    1988-01-01

    It is argued that, in the absence of poll taxes, it is the tax rate, rather than the debt\\/income ratio, that should be (ex ante) stabilized. In a two-state world with constant transition probabilities, optimally, periods of deficit (surplus) are associated with high (low) and rising (falling) taxes whether shocks are to preferences or technology. Consumption has distinctive advantages over

  6. Nonresident Tax Information Session

    E-print Network

    Nonresident Tax Information Session Thursday, March 6, 2014 5 to 6 PM McConomy Auditorium, University Center #12;What we will cover.... 1. Federal tax issues 2. Forms you receive and fill out 3. Determination of resident vs. nonresident for tax purposes 4. Answer general questions What we will not cover

  7. Tax competition and Leviathan

    Microsoft Academic Search

    Jeremy Edwards; Michael Keen

    1996-01-01

    Attitudes towards downward pressure on tax rates from international tax competition depend on attitudes towards government. This paper synthesises the two extremes which, as in other areas of public finance, have dominated the debate, typically being presented as stark alternatives: the view of government as a Leviathan (from which tax competition emerges as a useful constraint on policy-makers) and the

  8. Tax History Project

    NSDL National Science Digital Library

    The Tax Analysts group, a non-profit organization that has been providing tax news and analysis for over 40 years, has dedicated part of their website to the "Tax History Project", which includes a "Tax History Museum", archives of "Presidential Tax Returns", and a "1040 Archive" that covers the years 1913 to 2006. The Project was established in 1995 to "provide scholars, policymakers, students, the media, and citizens with information about the history of American taxation". Visitors will find the full text of nine of the Federalist Papers, which discuss federal revenue and taxing powers, in the "Taxing Federalism" link. There is also an excellent explanation of what the authors of the Federalist Papers (Alexander Hamilton, James Madison and John Jay) meant to accomplish by publishing the series of 85 essays. Those persons interested in political cartoons and posters about taxes and war bonds from World War II will surely enjoy the "Images in Tax History" link. Finally, visitors who want to keep abreast of tax history items can subscribe to the free Tax History Bulletin via the "Free Newsletter" link.

  9. Tax Policy and Administration

    NSDL National Science Digital Library

    World Bank's new Tax Policy and Administration Website is the seventh site in a series offering in-depth bibliographies of aspects of the public sector. Tax Policy and Administration is divided into five main topics. Each of the five topics provides a collection of readings, papers, and reports. The key reading in the first topic, Institutional Framework of Tax Policy, deals with a comparative analysis of the Korean, US, and Japanese electoral tax cycles. Designing Tax Structure looks at tax design, including theory, practice, and analytic methods. The third section, The Institutional Framework of Tax Administration, examines cultural, social, economic, and legal institutions and their effects on tax administration, such as corruption, incentives, and economic development and reform. Tax administration itself is covered in the fourth topic, and the final theme, Evaluating Tax Policy and Administration, offers a collection of readings providing analysis of tax administration framework. This site's compilation is obviously carefully thought out and researched. While each reading is abstracted, only a handful of them are available in their entirety online.

  10. Giving Teachers a Voice

    ERIC Educational Resources Information Center

    Dagenhart, Diana B.; O'Connor, Katherine A.; Petty, Teresa M.; Day, Barbara D.

    2005-01-01

    The authors report on a teacher survey that was conducted in North Carolina to determine the wants and needs of teachers in North Carolina. The survey had Likert-scaled quesitons about administrative support and professional development needs as well as information about professional and personal characteristics. The research was conducted to give

  11. Gender, Tax Policies and Tax Reform in Comparative Perspective

    E-print Network

    de Gispert, AdriĂ 

    1 Gender, Tax Policies and Tax Reform in Comparative Perspective Fran Bennett Department of Social;2 Gender, Tax Policies and Tax Reform in Comparative Perspective Paper presented at The Levy Economics Institute of Bard College 17-18 May 2006 Gender Issues in Tax Reform ­ the example of the UK 1. Introduction

  12. 26 CFR 48.4061-1 - Temporary regulations with respect to floor stock refunds or credits on cement mixers.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...respect to floor stock refunds or credits on cement mixers. 48.4061-1 Section 48...respect to floor stock refunds or credits on cement mixers. (a) In general —(1...tax on motor vehicles) on the sale of a cement mixer after June 30, 1968, and...

  13. 26 CFR 48.4061-1 - Temporary regulations with respect to floor stock refunds or credits on cement mixers.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...respect to floor stock refunds or credits on cement mixers. 48.4061-1 Section 48...respect to floor stock refunds or credits on cement mixers. (a) In general —(1...tax on motor vehicles) on the sale of a cement mixer after June 30, 1968, and...

  14. 26 CFR 48.4061-1 - Temporary regulations with respect to floor stock refunds or credits on cement mixers.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ...respect to floor stock refunds or credits on cement mixers. 48.4061-1 Section 48...respect to floor stock refunds or credits on cement mixers. (a) In general —(1...tax on motor vehicles) on the sale of a cement mixer after June 30, 1968, and...

  15. 26 CFR 48.4061-1 - Temporary regulations with respect to floor stock refunds or credits on cement mixers.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...respect to floor stock refunds or credits on cement mixers. 48.4061-1 Section 48...respect to floor stock refunds or credits on cement mixers. (a) In general —(1...tax on motor vehicles) on the sale of a cement mixer after June 30, 1968, and...

  16. Giving Credit Where Credit Is Due: Designing Open Badges for a Technology Integration Course

    ERIC Educational Resources Information Center

    Randall, Daniel L.; Harrison, J. Buckley; West, Richard E.

    2013-01-01

    This paper describes the design, development, and implementation of Open Badges into a secondary education preservice course on instructional technology. Open Badges provide a new way of issuing credentials to individuals who demonstrate knowledge, skill, or ability in a particular domain. Badges provide a simple system for communicating a skill…

  17. Tax Benefits and Higher Education

    E-print Network

    Gelfond, Michael

    Tax Benefits and Higher Education #12;Making Tax Benefits Work for You While"tax"and"benefit"seem like contradictory terms,the fact is that there are a number of tax incentives to help taxpayers offset the cost of higher education. You may be eligible for certain tax benefits if you,your spouse or your

  18. Tax Competition and Fiscal Equalization

    Microsoft Academic Search

    Marko Köthenbürger

    2002-01-01

    This paper analyzes the relation between tax competition and fiscal equalization. In particular, it asks the question whether fiscal equalization schemes can mitigate inefficient tax competition. Two transfer schemes are considered: tax revenue and tax base equalization schemes. The paper shows that equalizing transfers may internalize fiscal externalities. In particular, in a small open economy tax base equalization yields efficient

  19. State Government Tax Collections: 1998

    NSDL National Science Digital Library

    1999-01-01

    The annual Census Bureau report State Government Tax Collections Data by State presents statistics on tax collections for the 50 US state governments in HTML table, ASCII text file, and spreadsheet file formats. According to the 1998 data, individual income taxes and general sales taxes continued to be the mainstay of most state government tax systems last year.

  20. 76 FR 66181 - Disregarded Entities; Excise Taxes and Employment Taxes

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-10-26

    ...9553] RIN 1545-BH90 Disregarded Entities; Excise Taxes and Employment Taxes AGENCY: Internal Revenue Service (IRS), Treasury...regulations relating to disregarded entities and excise taxes. These regulations also make conforming changes...

  1. CREDIT/NO -CREDIT OPTION Office use only

    E-print Network

    Ickert-Bond, Steffi

    CREDIT/NO - CREDIT OPTION RECEIVED Office use only OFFICE OF ADMISSIONS & THE REGISTRAR l PO BOX office use only Barcode label Office use only P ___Semester _______________ The Credit/No-Credit Option fashion, including the course to be taken under the Credit/No-Credit Option. To designate the course

  2. This Program Gives Students a Firsthand Look at Health Careers.

    ERIC Educational Resources Information Center

    Burton, Rebecca Brown

    1986-01-01

    The Salt Lake City schools' Health Careers Program gives junior and senior high school students who are considering medical profession careers an opportunity to have a two-semester internship experience in the medical field. Students earn credits while investigating various health careers. (MD)

  3. Give or Take?

    NSDL National Science Digital Library

    National 4-H Council

    2009-01-01

    In this outdoor activity, learners work in pairs using their senses—especially touch—to learn more about individual trees. After reading and discussing Shel Silverstein's storybook "The Giving Tree," learners conduct a field study of different trees. Each learner explores and answers questions about a particular tree's bark, age, smell, roots, leaves, and fruit, and what wildlife is found in or near the tree. In a latter part of the activity, learners wear blindfolds and try to identify their tree without using their sense of sight.

  4. Controlling tax evasion fluctuations

    E-print Network

    Westerhoff, Frank; Zaklan, Georg

    2008-01-01

    We incorporate the behaviour of tax evasion into the standard two-dimensional Ising model and augment it by providing policy-makers with the opportunity to curb tax evasion via an appropriate enforcement mechanism. We discuss different network structures in which tax evasion may vary greatly over time if no measures of control are taken. Furthermore, we show that even minimal enforcement levels may help to alleviate this problem substantially.

  5. Tax Coordination and Unemployment

    Microsoft Academic Search

    Clemens Fuest; Bernd Huber

    1999-01-01

    This paper analyses the implications of unemployment for fiscal competition and tax coordination among small open economies.\\u000a Unemployment is modeled as resulting from wage bargaining. The analysis focuses on the effect of labour and capital tax coordination\\u000a on welfare. We show that, while coordinated capital and labour tax increases unambiguously raise welfare if labour markets\\u000a are competitive, different results emerge

  6. Credit Card Quiz.

    ERIC Educational Resources Information Center

    Marks, Jeff

    2000-01-01

    Describes an activity in which students design credit cards and discover for themselves the mathematical realities of buying on credit. Employs multiple-intelligence theory to increase the chance that all students will be reached. (YDS)

  7. Credit derivatives in Brazil

    E-print Network

    Rüther, Henrique

    2007-01-01

    The amounts outstanding of credit derivatives have grown exponentially over the past years, and these financial intruments that allow market participants to trade credit risk have become very popular in Europe and in the ...

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

    PubMed Central

    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

  9. Death: 'nothing' gives insight.

    PubMed

    Ettema, Eric J

    2013-08-01

    According to a widely accepted belief, we cannot know our own death--death means 'nothing' to us. At first sight, the meaning of 'nothing' just implies the negation or absence of 'something'. Death then simply refers to the negation or absence of life. As a consequence, however, death has no meaning of itself. This leads to an ontological paradox in which death is both acknowledged and denied: death is … nothing. In this article, I investigate whether insight into the ontological paradox of the nothingness of death can contribute to a good end-of-life. By analysing Aquinas', Heidegger's and Derrida's understanding of death as nothingness, I explore how giving meaning to death on different ontological levels connects to, and at the same time provides resistance against, the harsh reality of death. By doing so, I intend to demonstrate that insight into the nothingness of death can count as a framework for a meaningful dealing with death. PMID:23054426

  10. The Government Giveth and the Government Taketh Away: Federal Tax Law and Fund Raising.

    ERIC Educational Resources Information Center

    Holzman, Donald J.

    1982-01-01

    Tax laws' incentives and disincentives for charitable giving are outlined. Basics of charitable giving, partial property interests, gifts of future interest in tangible property, undivided interest gifts, ordinary income property, capital gain property, bargain sales, remainder interest gifts, estate tax, and valuation overstatement are discussed…

  11. Credit risk transfer

    Microsoft Academic Search

    2003-01-01

    Executive summary Techniques for transferring credit risk, such as financial guarantees and credit insurance, have been a long-standing feature of financial markets. In the past few years, however, the range of credit risk transfer (CRT) instruments and the circumstances in which they are used have widened considerably. A number of factors have contributed to this growth, including: greater focus by

  12. Cracking the Credit Hour

    ERIC Educational Resources Information Center

    Laitinen, Amy

    2012-01-01

    The basic currency of higher education--the credit hour--represents the root of many problems plaguing America's higher education system: the practice of measuring time rather than learning. "Cracking the Credit Hour" traces the history of this time-based unit, from the days of Andrew Carnegie to recent federal efforts to define a credit hour. If…

  13. Application of Data Mining in Preventing Credit Card Fraud

    Microsoft Academic Search

    Haiying Ma; Xin Li

    2009-01-01

    By investigating historical data from customers of credit card in a commercial bank, this paper points out the possibility of use genetic algorithms in preventing credit card fraud and give support to bank in dealing with this kind of problem. We demonstrate through real case analysis that using the identification model of genetic algorithm generates ideal accuracy identification result. The

  14. VALUING CREDIT DEFAULT SWAPS I: NO COUNTERPARTY DEFAULT RISK

    Microsoft Academic Search

    John C Hull; Alan D White; Toronto Ontario

    2000-01-01

    This paper provides a methodology for valuing credit default swaps when the payoff is contingent on default by a single reference entity and there is no counterparty defaultrisk. The paper tests the sensitivity of credit default swap valuations to assumptions about the expected recovery rate. It also tests whether approximate no-arbitrage arguments give accurate valuations and provides an example of

  15. Income Tax Tips

    ERIC Educational Resources Information Center

    Brown, Darryl Lee

    2006-01-01

    Every year at this time millions of Americans scramble to file or extend their income tax returns. This article explores some of the Internal Revenue Code (IRC) sections that might affect (or relate to) the taxation of parents of disabled or special healthcare needs children. Many of these tax provisions also apply to parents with adult children…

  16. Property Tax Reform.

    ERIC Educational Resources Information Center

    Peterson, George E., Ed.

    Nine experts examine the nature and administration of the property tax, analyzing its effects on educational opportunity, land use, racial residential patterns, central city finance, neighborhood deterioration, and low income housing. The so-called circuit-breaker, a form of property tax relief that has rapidly come into widespread use, is viewed…

  17. Volunteer Day Tax Forms

    E-print Network

    Pilyugin, Sergei S.

    comfortable clothes, closed-toed shoes, and a bandana or hat for your hair! Help build houses for families! IRS Tax Forms All international students are required to file a tax form in the United States. You it at: http://www.irs.gov/pub/irs- pdf/f8843.pdf You can also find many answers to you questions

  18. Environmental Taxes, International Capital Mobility and Inefficient Tax Systems: Tax Burden vs. Tax Shifting

    Microsoft Academic Search

    Ruud A. de Mooij; A. Lans Bovenberg

    1998-01-01

    This paper deals with the so-called ‘double dividend’ of an environmental tax reform. In a model with only labor and a polluting input as factors of production, we find that society faces a trade-off between internalizing environmental externalities and raising revenues in the least distortionary way. However, if capital enters the production structure, an ecological tax reform may render the

  19. Tax Reform & University Development.

    ERIC Educational Resources Information Center

    Myers, John Holt

    This brochure discusses the implications of the Tax Reform Act of 1969 for university and college development officers charged with the responsibility for solicitation of gifts, bequests and grants from foundations. The solicitation of deferred gifts, bequests and grants from foundations is discussed in chapter one in relation to tax reform and…

  20. A Primer on Taxes

    ERIC Educational Resources Information Center

    AGB Reports, 1978

    1978-01-01

    Eight basic federal tax issues for higher education are examined: preservation of the charitable deduction; keeping the deduction without a floor; enabling all taxpayers to use the deduction; maintenance of full market value deductibility; protecting deductions from minimum tax; excluding taxation of capital gains on bequests and of scholarships;…

  1. Annual Income Tax Guide.

    ERIC Educational Resources Information Center

    Exceptional Parent, 1990

    1990-01-01

    Guidelines are offered to assist parents of children with disabilities in filing federal income tax forms. Suggestions focus on keeping paperwork organized through the year, avoiding audits, making allowable medical deductions, and being aware of recent changes in the tax laws. (JDD)

  2. WP 11 - Tax evasion and the source of income: An experimental study in Albania and the Netherlands

    Microsoft Academic Search

    Klarita Gërxhani; Arthur Schram

    2003-01-01

    A series of experiments among different social groups in both Albania and the Netherlands give the opportunity to compare behavioral patterns related to tax evasion. Aside from the decision whether or not to evade taxes, subjects have to choose a source of income, where one type enables subsequent tax evasion. The results allow us to conclude that subjects take the

  3. Higher Education: Improved Tax Information Could Help Families Pay for College. Report to the Committee on Finance, U.S. Senate. GAO-12-560

    ERIC Educational Resources Information Center

    White, James R.; Scott, George A.

    2012-01-01

    The federal government provides billions of dollars in assistance each year to students and families through federal student aid programs authorized under Title IV of the Higher Education Act of 1965 and through tax expenditures, such as credits and deductions. GAO was asked to (1) describe the size and distribution of Title IV student aid and tax

  4. 26 CFR 48.6416(b)(3)-3 - Supporting evidence required in case of tax-paid articles used for further manufacture.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ...evidence required in case of tax-paid articles used for further manufacture. 48...evidence required in case of tax-paid articles used for further manufacture. (a...manufacturer, producer, or importer of the article in respect of which credit or...

  5. 26 CFR 48.6416(b)(3)-3 - Supporting evidence required in case of tax-paid articles used for further manufacture.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ...evidence required in case of tax-paid articles used for further manufacture. 48...evidence required in case of tax-paid articles used for further manufacture. (a...manufacturer, producer, or importer of the article in respect of which credit or...

  6. 2011 Tax Year Student Non-Tax Filer's Statement

    E-print Network

    Snider, Barry B.

    2011 Tax Year Student Non-Tax Filer's Statement Institutional Documentation Service (IDOC and are not required to file a 2011 U.S. federal tax return. You must attach copies of any W-2 form(s) and/or 1099 form not reported on a federal income tax return. Please include supporting documentation for all income sources

  7. 2012 Tax Year Parent Non-Tax Filer's Statement

    E-print Network

    Snider, Barry B.

    2012 Tax Year Parent Non-Tax Filer's Statement Institutional Documentation Service (IDOC and are not required to file a 2012 U.S. federal tax return. You must attach copies of any W-2 form(s) and/or 1099 form not reported on a federal income tax return. Please include supporting documentation for all income sources

  8. 2012 Tax Year Student Non-Tax Filer's Statement

    E-print Network

    Snider, Barry B.

    2012 Tax Year Student Non-Tax Filer's Statement Institutional Documentation Service (IDOC and are not required to file a 2012 U.S. federal tax return. You must attach copies of any W-2 form(s) and/or 1099 form not reported on a federal income tax return. Please include supporting documentation for all income sources

  9. 2011 Tax Year Parent Non-Tax Filer's Statement

    E-print Network

    Snider, Barry B.

    2011 Tax Year Parent Non-Tax Filer's Statement Institutional Documentation Service (IDOC and are not required to file a 2011 U.S. federal tax return. You must attach copies of any W-2 form(s) and/or 1099 form not reported on a federal income tax return. Please include supporting documentation for all income sources

  10. Tax Competition and Tax Coordination in the European Union

    Microsoft Academic Search

    George R. Zodrow

    2003-01-01

    This paper examines the tax competition literature and attempts to draw out its implications for the debate on corporate tax coordination within the EU. It begins with the early basic tax competition model, which derives conditions under which underprovision of public services occurs and tax harmonization unambiguously improves welfare for all states in the union. The paper then turns to

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

    PubMed

    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. PMID:24140760

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

    PubMed Central

    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

  13. Optimal advanced credit releases in ecosystem service markets.

    PubMed

    BenDor, Todd K; Guo, Tianshu; Yates, Andrew J

    2014-03-01

    Ecosystem service markets are popular policy tools for ecosystem protection. Advanced credit releases are an important factor affecting the supply side of ecosystem markets. Under an advanced credit release policy, regulators give ecosystem suppliers a fraction of the total ecosystem credits generated by a restoration project before it is verified that the project actually achieves the required ecological thresholds. In spite of their prominent role in ecosystem markets, there is virtually no regulatory or research literature on the proper design of advanced credit release policies. Using U.S. aquatic ecosystem markets as an example, we develop a principal-agent model of the behavior of regulators and wetland/stream mitigation bankers to determine and explore the optimal degree of advance credit release. The model highlights the tension between regulators' desire to induce market participation, while at the same time ensuring that bankers successfully complete ecological restoration. Our findings suggest several simple guidelines for strengthening advanced credit release policy. PMID:24368497

  14. Optimal Advanced Credit Releases in Ecosystem Service Markets

    NASA Astrophysics Data System (ADS)

    BenDor, Todd K.; Guo, Tianshu; Yates, Andrew J.

    2014-03-01

    Ecosystem service markets are popular policy tools for ecosystem protection. Advanced credit releases are an important factor affecting the supply side of ecosystem markets. Under an advanced credit release policy, regulators give ecosystem suppliers a fraction of the total ecosystem credits generated by a restoration project before it is verified that the project actually achieves the required ecological thresholds. In spite of their prominent role in ecosystem markets, there is virtually no regulatory or research literature on the proper design of advanced credit release policies. Using U.S. aquatic ecosystem markets as an example, we develop a principal-agent model of the behavior of regulators and wetland/stream mitigation bankers to determine and explore the optimal degree of advance credit release. The model highlights the tension between regulators' desire to induce market participation, while at the same time ensuring that bankers successfully complete ecological restoration. Our findings suggest several simple guidelines for strengthening advanced credit release policy.

  15. Basic Tax Rules for Distributions

    NSDL National Science Digital Library

    The legal and financial publisher Nolo Press provides this chapter entitled "Basic Tax Rules from Distributions" from their new retirement planning book IRAs, 401(k)s & Other Retirement Plans: Taking Your Money Out. The chapter covers the fundamental tax rules applicable to retirement plans, with specific attention to planning, special income tax rules, and tax rules for IRAs.

  16. Energy taxes -- Some critical remarks

    Microsoft Academic Search

    Wirl

    2009-01-01

    The familiar concept of Pigouvian taxes has finally caught the interest of politicians as the various proposals for a pollution tax, often simplified to an energy tax, document. This paper reviews these proposals critically and points at some wrong presumptions. The suggestion to make the polluter liable for all damages is in general inefficient. In order to sell new taxes,

  17. Tax Justice Country Report Series

    Microsoft Academic Search

    Steve Manteaw

    This report is the first report in an initiative to create a comprehensive, and globally representative series of country reports that touch on diverse tax justice issues. The intent is to analyse the national tax systems, the distribution of the tax burden, the incentive structure and explore emerging national or regional themes including existing and proposed tax related advocacy issues

  18. Two cheers for the Pension Credit?

    Microsoft Academic Search

    M. Brewer; C. Emmerson

    2003-01-01

    On 6 October 2003, the pension credit replaced the minimum income guarantee as the principal means-tested benefit for families containing an individual aged 60 or over. This Briefing Note examines the impact of this reform. A finding is that with regards to the government's objectives of giving more resources to low- to middle-income pensioners, rewarding pensioners for having saved in

  19. VALUATION OF CREDIT GUARANTEE FUNDS IN POLAND

    Microsoft Academic Search

    Joanna Prochniak

    2010-01-01

    In the scope of the financial crisis and constraints in SMEs financing special attention is focused on the guarantee schemes and funds. The purpose of the article is to present the Polish guarantee funds valuation based on the funds’ activity data. The article highlights the guarantee schemes concept as a credit collateral and gives the broad overview of the Guarantee

  20. Hybrid Taxis Give Fuel Economy a Lift, Clean Cities, Fleet Experiences, April 2009 (Fact Sheet)

    SciTech Connect

    Not Available

    2009-04-01

    Clean Cities helped Boston, San Antonio, and Cambridge create hybrid taxi programs. The hybrid taxis are able to achieve about twice the gas mileage of a conventional taxi while helping cut gasoline use and fuel costs. Tax credits and other incentives are helping both company owners and drivers make the switch to hybrids. Program leaders have learned some important lessons other cities can benefit from including learning a city's taxi structure, relaying benefits to drivers, and understanding the needs of owners.