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National Tax Journal

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The use of an econometric model for estimating aggregate levels of property tax assessment within local jurisdictions.
Most states conduct assessment-sales ratio studies. These studies involve using property sales samples to estimate the level of property tax assessment (LOA) within local jurisdictions, where the . . .

Property Taxation and Local Government Finance.(Book Review)
Edited by WALLACE E. OATES. Cambridge, Massachusetts: Lincoln Institute of Land Policy, 2001, pp. 345. Property Taxation and Local Government Finance lives up to its name, providing an excellent . . .

Property-Tax Exemption for Charities: Mapping the Battlefield.(Book Review)
Edited by EVELYN BRODY. Washington, DC: The Urban Institute Press, 2002, pp. 408. In some form, property that charities own and use to carry out their missions is exempt from taxation in all . . .

Bridging the reporting gap: a proposal for more informative reconciling of book and tax income.(Forum on Public Disclosure of Co
INTRODUCTION The usefulness of publicly available data is dependent on its relation to the non-publicly available information it is intended to convey. Hanlon (2003b) suggests that current . . .

What can we infer about a firm's taxable income from its financial statements?(Forum on Public Disclosure of Corporate Tax Retur
INTRODUCTION The short answer: Usually, not much. A common method of estimating taxable income from financial statements is to gross-up the current portion of the tax expense on the income . . .

Public disclosure of corporate tax return information: accounting, economics, and legal perspectives.(Forum on Public Disclosure
INTRODUCTION On July 8, 2002, while attention was still focused on alleged corporate misdeeds of Enron, WorldCom, and other major U.S. corporations, Senator Charles Grassley (RIA), then the . . .

Nonprofit taxable activities, production complementarities, and joint cost allocations.
INTRODUCTION Nonprofit organizations are becoming a large and important sector of society. In 1995, the revenues of nonprofits amounted to more than 12 percent of Gross Domestic Product . . .

Coveting thy neighbors' taxation.
INTRODUCTION "Give me $3 worth so I can get to Maryland." --a gasoline customer to a local service attendant in the District of Columbia (Richburg, 1980). The quote above describes . . .

Does the Social Security earnings test affect labor supply and benefits receipt?
INTRODUCTION On April 7, 2000, President Clinton signed into law the "Senior Citizens Freedom to Work Act of 2000, which eliminated the unpopular earnings test that applied to those over the . . .

Evidence on the incidence of residential property taxes across households.
INTRODUCTION Property taxes have always been the primary tax of local governments in the U.S. (Wallis, 2001). For fiscal year 1999, local governments in the U.S. collected total tax revenues of . . .

The Work Opportunity and Welfare-to-Work tax credits: participation rates among eligible workers.
INTRODUCTION Recent changes in American public assistance programs have been based on the notion that the government should "make work pay" for the disadvantaged. Many attempts to alleviate . . .

Note from the editors.
The papers in this issue's forum are revised versions of papers presented at the Conference on Public Disclosure of Tax Returns, held at the Brookings Institution in Washington, D.C., April 25, . . .

Whose child is it anyway? Simplifying the definition of a child.
INTRODUCTION Taxpayers may be eligible for certain tax benefits if they support or live with their children. Distinguishing among taxpayers based on their family responsibilities adjusts for . . .

IRS's comprehensive approach to compliance measurement.
BACKGROUND The National Research Program (NRP) is a comprehensive effort by the IRS to measure--at a strategic level--the voluntary filing, reporting, and payment compliance behaviors of U.S. . . .

Estimating the compliance cost of the U.S. individual income tax.
INTRODUCTION Each year, individuals and businesses in the United States submit more than 200 million tax returns (including estimated tax forms and supplemental documents) to the Internal Revenue . . .

Effects of dividend relief on economic growth, the stock market, and corporate tax preferences.
********** Many economists have long argued the desirability, for reasons of economic efficiency, of integrating the corporate and individual income tax. A U.S. Treasury (1992) study of corporate . . .

The effect of dividend tax relief on investment incentives.
INTRODUCTION The recent proposal by the Bush Administration to eliminate shareholder-level taxes on dividends and retained earnings revived interest in reducing the double taxation of income . . .

Is the tax expenditure concept still relevant?
INTRODUCTION The term "tax expenditure" is attributed to Stanley S. Surrey who, as Assistant Secretary of the U.S. Treasury for Tax Policy, instructed his staff to compile a list of preferences . . .

What explains early withdrawals from retirement accounts? Evidence from a panel of taxpayers.
INTRODUCTION Over the past 20 years, tax-deferred accounts (TDAs) such as Individual Retirement Accounts (IRAs) and employer-sponsored plans (ESPs) have become a key component of individual . . .

Public funds and private capital markets: the investment practices and performance of state and local pension funds.
INTRODUCTION This paper addresses the question of whether a government entity can invest money on behalf of employees or constituents in a manner comparable to the private sector. That is, we ask . . .

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