It takes the average reader and 27 minutes to read Allocating Business Income between Capital and Labor under a Dual Income Tax by Ms.Thornton Matheson
Assuming a reading speed of 250 words per minute. Learn more
In contrast to most Scandinavian countries, Iceland allocates the income of closely held businesses (CHBs) between capital and labor based on administratively set minimum wages rather than an imputed return to book assets. This paper contrasts the relative tax burdens of the current minimum wage system with asset-based allocation methods, and finds that switching to an asset-based method could increase tax revenues from CHBs in a generally progressive manner. Predictably, the shift would also raise the tax burden of skilled labor-intensive industries more than it would that of capital-intensive industries.
Allocating Business Income between Capital and Labor under a Dual Income Tax by Ms.Thornton Matheson is 27 pages long, and a total of 6,939 words.
This makes it 9% the length of the average book. It also has 8% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Allocating Business Income between Capital and Labor under a Dual Income Tax aloud.
Allocating Business Income between Capital and Labor under a Dual Income Tax is suitable for students ages 8 and up.
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