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Kimberly Clausing
Kimberly Clausing is an American economist. She is the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law and a nonresident senior fellow at the Peterson Institute for International Economics. From 2021 to 2022, she was the deputy assistant secretary for tax analysis at the United States Department of the Treasury. Clausing is known for her work on international trade and tax policy, particularly the taxation of multinational corporations. Education Clausing graduated magna cum laude with a B.A. from Carleton College in 1991. She then attended Harvard University and received an M.A. in economics in 1993. She received her Ph.D. in economics from Harvard in 1996 with a thesis titled ''Essays in International Economic Integration.'' From 1994 to 1995, she worked as a staff economist at the Council of Economic Advisers. After earning her Ph.D., at the age of 25, she started teaching economics at Reed College, eventually becoming Thormund Miller and Waltern Mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Urbana, Illinois
Urbana ( ) is a city in and the county seat of Champaign County, Illinois, United States. As of the 2020 census, Urbana had a population of 38,336. As of the 2010 United States Census, Urbana is the List of municipalities in Illinois, 38th-most populous municipality in Illinois. It is included in the Champaign–Urbana metropolitan area. Urbana is notable for sharing the campus of the University of Illinois Urbana-Champaign with its twin city of Champaign, Illinois, Champaign. History The Urbana area was first settled by Europeans in 1822, when it was called "Big Grove".McGinty, Alice"The Story of Champaign-Urbana" Champaign Public Library When the county of Champaign County, Illinois, Champaign was organized in 1833, the county seat was located on 40 acres of land, 20 acres donated by William T. Webber and 20 acres by Col. M. W. Busey, considered to be the city's founder, and the name "Urbana" was adopted after Urbana, Ohio, the hometown of State Senator John W. Vance, who authore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Base Erosion And Profit Shifting
Base erosion and profit shifting (BEPS) refers to corporate tax planning strategies used by multinationals to "shift" profits from higher-tax jurisdictions to lower-tax jurisdictions or no-tax locations where there is little or no economic activity, thus "eroding" the "tax-base" of the higher-tax jurisdictions using deductible payments such as interest or royalties. For the government, the tax base is a company's income or profit. Tax is levied as a percentage on this income/profit. When that income / profit is transferred to another country or tax haven, the tax base is eroded and the company does not pay taxes to the country that is generating the income. As a result, tax revenues are reduced and the government is detained. The Organization for Economic Co-operation and Development (OECD) define BEPS strategies as "exploiting gaps and mismatches in tax rules". While some of the tactics are illegal, the majority are not. Corporate tax havens offer BEPS tools to "shift" pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Cuts And Jobs Act Of 2017
The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, , is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), that amended the Internal Revenue Code of 1986. Major elements of the changes include reducing tax rates for businesses and individuals, increasing the standard deduction and family tax credits, eliminating personal exemptions and making it less beneficial to itemize deductions, limiting deductions for state and local income taxes and property taxes, further limiting the mortgage interest deduction, reducing the alternative minimum tax for individuals and eliminating it for corporations, doubling the estate tax exemption, and cancelling the penalty enforcing individual mandate of the Affordable Care Act (ACA). The Act is based on tax reform advocated by congressional Republicans and the Trump administration. The nonpartisan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senate Committee On Finance
The United States Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate. The Committee concerns itself with matters relating to taxation and other revenue measures generally, and those relating to the insular possessions; bonded debt of the United States; customs, collection districts, and ports of entry and delivery; deposit of public moneys; general revenue sharing; health programs under the Social Security Act (notably Medicare and Medicaid) and health programs financed by a specific tax or trust fund; national social security; reciprocal trade agreements; tariff and import quotas, and related matters thereto; and the transportation of dutiable goods. It is considered to be one of the most powerful committees in Congress. History The Committee on Finance is one of the original committees established in the Senate. First created on December 11, 1815, as a select committee and known as the Committee on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Ways And Means Committee
The Committee on Ways and Means is the chief tax-writing committee of the United States House of Representatives. The committee has jurisdiction over all taxation, tariffs, and other revenue-raising measures, as well as a number of other programs including Social Security, unemployment benefits, Medicare, the enforcement of child support laws, Temporary Assistance for Needy Families, foster care, and adoption programs. Members of the Ways and Means Committee are not allowed to serve on any other House Committee unless they are granted a waiver from their party's congressional leadership. It has long been regarded as the most prestigious committee of the House of Representatives. The United States Constitution requires that all bills regarding taxation must originate in the U.S. House of Representatives, and House rules dictate that all bills regarding taxation must pass through Ways and Means. This system imparts upon the committee and its members a significant degree of influe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Policy Center
The Urban-Brookings Tax Policy Center, typically shortened to the Tax Policy Center (TPC), is a nonpartisan think tank based in Washington D.C. A joint venture of the Urban Institute and the Brookings Institution, it aims to provide independent analyses of current and longer-term tax issues, and to communicate its analyses to the public and to policymakers. TPC combines national specialists in tax, expenditure, budget policy, and microsimulation modeling to concentrate on five overarching areas of tax policy: fair, simple and efficient taxation, social policy in the tax code, business tax reform, long-term implications of tax and budget choices, and state tax issues. History In 2002, tax specialists who had served in the Ronald Reagan, George H. W. Bush, and Bill Clinton administrations established the Tax Policy Center to provide analysis of tax issues. The following year TPC developed a tax simulation model to analyze the federal income tax and proposals to change it. That mod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brookings Institution
The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in economics (and tax policy), metropolitan policy, governance, foreign policy, global economy, and economic development. Its stated mission is to "provide innovative and practical recommendations that advance three broad goals: strengthen American democracy; foster the economic and social welfare, security and opportunity of all Americans; and secure a more open, safe, prosperous, and cooperative international system." Brookings has five research programs at its Washington campus: Economic Studies, Foreign Policy, Governance Studies, Global Economy and Development, and Metropolitan Policy. It also established and operated three international centers in Doha, Qatar (Brookings Doha Center); Beijing, China (Brookings-Tsinghua Center for Public P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hamilton Project
The Hamilton Project is an economic policy initiative within the Brookings Institution. It was originally launched in April 2006 by a combination of public policy makers, business people, academic leaders, and other former Clinton administration economists and experts. The Hamilton Project "seeks to advance America’s promise of opportunity, prosperity, and growth." It went dormant after U.S. President Barack Obama assumed office in 2009, because many of its members left to work for the White House, but in 2010, it was relaunched with Michael Greenstone as the new director. The Hamilton Project is currently led by Wendy Edelberg, former Chief Economist at the Congressional Budget Office. Previous directors have included Jay Shambaugh, former Member of the White House Council of Economic Advisers and a professor of economics and international affairs at the George Washington University; Peter R. Orszag, former Director of the Office of Management and Budget in the Obama Administrat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Cyprus
The University of Cyprus (Greek: Πανεπιστήμιο Κύπρου) is a public research university established in Cyprus in 1989. It admitted its first students in 1992 and has approximately 7000 students. History The University of Cyprus was established in 1989 and admitted its first students in 1992. Admission for the majority of undergraduate students is by entrance examinations organised by the Ministry of Education and Culture of the Republic of Cyprus. A number of places are reserved for students with special needs or circumstances. When the University of Cyprus opened, the incoming class consisted of 486 undergraduate students. During the academic year 2010–2011, 4691 undergraduate students attended courses offered by the 21 departments. At the same time, there were 1549 postgraduate students. Academic reputation Based in the capital of Cyprus, Nicosia, teaching is mainly in Greek. The official languages are Greek and Turkish, but only a few Turkish speaker ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eastern Mediterranean University
) , country = North Cyprus ( Recognised only by Turkey) , website www.emu.edu.tr The Eastern Mediterranean University (EMU; tr, Doğu Akdeniz Üniversitesi) is a public university in Northern Cyprus. It was established in 1979 under the leadership of Onay Fadıl Demirciler (then Undersecretary of the Ministry of Education) as a higher-education institution of technology for Turkish Cypriots. In 1986, it was converted to a state university. The campus is located within the city of Famagusta. The university has 141 programs (11 Faculties and 5 Schools) offering undergraduate and postgraduate degrees, as well as a research infrastructure. The languages of instructions are Turkish and English. However, an English Preparatory School is available for students who need to improve their English. The university also offers a variety of sports and social activities. Academic Programs of EMU include Physical and Social Sciences with research studies via Research Advisory Board. Histo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brussels
Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Brussels Hoofdstedelijk Gewest), is a region of Belgium comprising 19 municipalities, including the City of Brussels, which is the capital of Belgium. The Brussels-Capital Region is located in the central portion of the country and is a part of both the French Community of Belgium and the Flemish Community, but is separate from the Flemish Region (within which it forms an enclave) and the Walloon Region. Brussels is the most densely populated region in Belgium, and although it has the highest GDP per capita, it has the lowest available income per household. The Brussels Region covers , a relatively small area compared to the two other regions, and has a population of over 1.2 million. The five times larger metropolitan area of Brusse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
