Asset Details
Do you wish to reserve the book?
Periodicity and Accretion Taxation: Norms and Implementation
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Periodicity and Accretion Taxation: Norms and Implementation
Do you wish to request the book?
Periodicity and Accretion Taxation: Norms and Implementation
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Periodicity and Accretion Taxation: Norms and Implementation
1990
Overview
Much of the modern tax policy debate has centered on 2 paradigmatic tax treatments: cash flow taxation and accretion taxation. Cash flow taxation calls for deducting investment costs when they are paid and taking cash receipts into income when they are received. Accretion taxation calls for taxing changes in the value of the investment even if the investor is simply holding the investment and neither paying out nor receiving any cash flows. One set of implementation problems is particularly serious for accretion taxation: how to tax unrealized changes in wealth. Policymakers must address the question of periodicity, i.e., how often changes in value should be assessed and taxed. Scholars have tended to focus on the length of the assessment period rather than on the riskiness of assets and on whether or not taxpayers may trade the assets strategically to accelerate tax losses. Being able to specify normative costs would provide assurance that the solutions arrived at for the easy cases are, in fact, good solutions.
