Wednesday, January 06, 2010

Book award

I gather that my 2009 publication, Decoding the Corporate Tax, was named a Choice magazine outstanding academic title for 2009. There's a link here, but it appears to be for subscribers only.

The full review, which I may have posted at some earlier point, was as follows:

Lawyers and economists have grave concerns about the corporate income tax because of its complexity, distributional inequities, and, particularly, economic distortions. Shaviro (New York Univ. Law School), a distinguished tax scholar, does a masterful job of bringing the critiques together and explaining their logic in a concise, lucid manner. The arguments involve some arcane economics, corporate finance, and law, but he manages to bring a degree of order from the complexity. Shaviro begins with the questions of why corporations are even taxed and who actually bears the burden of the taxation of corporate income and corporate dividends. He continues with the problem of integration of the tax with individual income taxation, and the taxation of international entities, and beyond. He makes clear why the forces of globalization, worldwide capital mobility, and innovative financial instruments make change more likely, even more necessary, than ever and lays out alternative directions for reform. Shaviro tries hard, at the end, to convince himself that the US political system can yield reforms. This is the first place to go for anyone seeking to understand the corporate income tax maze. Summing Up: Essential. Upper-division undergraduates and above. -- J. L. Mikesell, Indiana University—Bloomington.

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