納稅對企業(yè)行為的影響【外文翻譯】

1、1本科畢業(yè)論文（設計）外文翻譯外文題目TheInfluenceofTaxonCpateBehavi外文出處TaxCpateGovernance外文作者WolfgangSchon原文：原文：TheInfluenceofTaxonCpateBehaviEconomicLegalPerspectivesTheanalysisofthebasiclegalframewkwheretheinteractionoftaxcpategovernanc

2、etakesplacehastocommencewiththequestionofwhetherthereexistsanydifferencebetweentheeconomicperspectivepresentedintheprecedingcontributionbyMihirDesaiDhammikaDharmapala1thelegalperspectivewhichisthetopicofthischapter.Inthe

3、olddaysthedistinctionhasbeenquiteclear:thelegalanalysiswouldlookatthelawasitststhestatutyjudgemaderulesinthefieldoftaxationcompanylawfinancialmarketsfromanmativestpointwhiletheeconomicanalysiswouldfocusontheeffectsofsuch

4、rulesinmathematicalmodelstherealwldtryingtodescribetheirimpactonefficiencydistribution.Overtheyearsthisdistinctionhasbecomeconsiderablyblurred.Legalscholarsemploythetoolsofeconomicanalysisoflawcapitalmarkettheyinfmatione

5、conomicsincpateaffairsaswellasthefindingsofpublicfinancepublicchoiceintaxmatterstodiscussthecurrentstateoftheirfieldwhileeconomistsusetheirtheeticalempiricalfindingsindertobringfwardnmativerecommendationsflegislationindi

6、fferentareasofthelaw.Lawyersstillfeelontheirownwhentheyengageintheinterpretationapplicationofexistingrulesbuttheyhaverealizedthattheyhavetosharethetaskofpublicpolicyrecommendationswiththeireconomicbrethren.Itmakesnosense

7、anymetoseparatethetheeticalempiricalnmativeaspectsoftaxcpate3shareholdersdonotlookatthefinancialaccountsinthefirstplacewheretheydonotregarddividendstobethemostimptantbenefittheyreceivefromthecompany.Inthesecasestheshareh

8、olders–whoareoftenthemselvesthemanagersofthefirm–maypressflownumbersbothinthefinancialinthetaxaccountsthusdisttingbothcalculations.Tax–AnAllytoCpateGovernanceitiswellknownthattaxruleshaveamajinfluenceonthewayacompany’sbu

9、sinessisconductedhowthecpationisfinancedstructuralchangesarebroughtabout.Thetaxneutralityofcompanyreganizationsisatopicineverytaxsystemcapitalgainstaxationwillsurelyimpacttheownershipstructureofanenterprise.Thedeductibil

10、ityofpensionliabilitiesinGermantaxlawhascontributedlargelytointernalfinancingofbigsmallcpationsthechoicebetweenapartnershipacompanyfcloselyheldfirmsincludingthemostrecentproductsintheLLCLLPsectcantellastyabouttaxreasonsf

11、specificlegalfmsinthesameway.Inourcontextwefindsometaxprovisionswhichhaveadirectimpactontheinternalgovernancesystemofcpations.Inthisrespectwehavetodistinguishbetweentaxprovisionswhicharespecificallyaimedatthisstofregulat

12、ionotherswherethepositivenegativeimpactoncpategovernanceismelessasideeffect.TaxprovisionswhicharemeanttohaveadirectimpactoncpategovernancecanspecificallybefoundintheUnitedStates.Wellknownexamplesfsuchregulatytaxationincl

13、udelimitationstothedeductibilityofgoldenparachutepaymentsinthecaseoftakeovergreenmailtaxationwhencompaniesdoleoutlargepaymentstocpatebiddersthenondeductibilityofexaggeratedmanagementcompensationarewidelydiscussed.Meovert

14、axincentivesreferringtoparticularstockoptionschemestrytoalignshareholdermanagementinterest.Theserulesbelongtothebroadareaofregulatytaxationwhichgoesfarbeyondthetopicsofcpatebehavi.IntheU.S.contexttheserulesareparticularl