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The Value of Tax and Costs of Policy

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
 

Tax policy has become a hotly disputed and politically dividing issue in the Czech Republic over the last years, culminating in a major public-finance reform. At the same time, risk and uncertainty have turned into a buzzword for virtually any discussion on economical and social topics, without actually being incorporated in most mainstream analytical tools. This research study undertakes the onerous task of addressing both of these problems. In its course, a stochastic model for the valuation of the fiscal claim is developed and used to analyze the incidence of tax under income uncertainty for a set of corporate and personal income tax schedules. This allows for a comprehensive comparative analysis of various fiscal structures, where an elaborate case is made of recent Czech legislative developments and their presumable impacts. Further applications of the model are also being discussed, ranging from business valuation and investment analysis to fiscal budgeting. This suggests that the option-based approach may serve as a useful heuristic to address numerous tax-related problems.

Product Specifications
SKU :COC21712
AuthorJan Vlachý
LanguageEnglish
BindingPaperback
Number of Pages132
Publishing Year4/15/2010
ISBN978-3838357836
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-28 00:00:00