Recent paper in the @JPubEcon :
"What Determines Where Opportunity Knocks? Political Affiliation in the Selection of Opportunity Zones"
Vol 206 (Feb 2022)
by Mary Margaret Frank (@M_M_Frank ), Jeff Hoopes (@JeffLHoopes ), & Becky Lester (@rcassill )
https://t.co/NtLptyglAe
.@davidmwessel -- Sean Parker, the architect of OZs, saw them as a way to encourage investment in businesses in the heartland and not just the coasts, not realizing real estate would absorb much of the benefits #LiveatUrban
More than 135 countries backing a deal to overhaul global tax rules are poised to use 2022 as the year to move forward with the bulk of technical work needed to carry out the plan. https://t.co/dfPt6gawcM
🧵 President Biden's proposed corporate minimum tax is a lot more complicated than it sounds. It would subject the largest businesses to a 15% tax based on their financial accounting "book" income statements. But accounting rules and tax rules serve different purposes.
This weekend the Club's rough water swimmers are back in action for our annual #TransTahoeRelay 🏊♀️ This #TBT from the archives shows swimmers entering the water in 1984 - that year, they faced 25 mph winds and three-foot waves as they crossed the lake! #OlympicClub#OChistory
As a @justcapital_ advisor, I'm proud to see these companies join the #workerfinancialwellness initiative to make workers' financial security and health a C-suite priority!
U.S. businesses say they bear a heavier tax burden than overseas rivals. My story shows this is not true and that even if all Biden’s planed tax hikes happen, U.S. companies will likely still pay less tax than competitors in France, Japan, Germany, Korea.. https://t.co/8WJi3grbUE
A Londoner, a New Yorker and a Hong Konger walk into a bar. They all make the same salary and have been allowed to work remotely from Brazil for two months.
Once they’ve returned home from their stints abroad, who will owe the most in taxes? https://t.co/hGYqa5Y6aj
Great new piece by @Graham_Bowley about the crazy levels of opacity in the art market. In research on FATCA with @MarkleKevin and Lisa De Simone, we also found interesting patterns of art imports into Switzerland using Swiss customs data…
We plot the amount of art imports into the Geneva canton, home of the Swiss Freeport, relative to other cantons. We see upticks in imports after FATCA: perhaps more art stashed secretly when foreign banks are tougher places to hide cash