Implicit Taxes of U.S. Domestic and Multinational Firms Over the Past Quarter-Century

| June 2, 2016

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Recent research by Dyreng, Hanlon, Maydew, and Thornock (2015) finds that the effective tax rates for both foreign and domestic firms have been steadily decreasing over recent decades and that multinational firms (MNEs) do not have a tax-based cost advantage relative to their domestic counterparts...

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TideRock Financial, LLC

TideRock Financial, LLC is an independent investment firm providing fee-only wealth management services to individuals and families, estate and heritage planning, as well as investment management for qualified company 401K plans.Our firm specializes in creating globally-diversified, tax efficient investment portfolios based on solid academic research and an in-depth analysis of economic, political and social developments around the world.

OTHER ARTICLES

TIME TO DRIVE API INNOVATION THROUGH OPEN BANKING

Article | March 31, 2020

As the paper points out, application programming interfaces (APIs) are starting to significantly disrupt corporate banking. Nearly nine in ten (86 percent) banks are working on Open Banking and open API platforms, and nearly half (47 percent) of corporate treasurers see opportunities for banks to improve their product offerings to provide innovative solutions that go beyond traditional services.

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AI bankability: 10 ways artificial intelligence is transforming banking

Article | March 11, 2020

With plenty of post-recession anti-banking sentiment still lingering, it’s common to see fintech and traditional banks framed in oppositional terms. There’s some truth to that, especially with disruption-minded digital-only banks, but technological innovations have transformed banking of all stripes — and nowhere is that clearer than with artificial intelligence.

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Dangerous Intersection Ahead: Privacy and Banking Fintech

Article | March 9, 2020

Bankers in the fintech space are familiar with the FFIEC’s Guidance recommending multi-factor authentication for certain financial transactions. Multi-factor authentication, at least for “high risk” transactions, requires a combination of something you know, something you have and something you are. This last factor is often referred to as biometric information. While biometric authentication is making great strides around the globe, its adoption in American banking is not yet common and poses its own set of legal issues.

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A bank account - A concept of the past

Article | March 23, 2020

Almost every recent article written about banking starts with the statement that the banking industry is being disrupted by new competitors, new innovations and new technologies. Although this statement is definitely true, the extend of the disruption can still be debated. Even the most innovative neo-banks still work with bank (current, saving, term and investment) accounts, cards (credit and debit), traditional credits, existing payment infrastructure… The user experience surrounding the origination and servicing of these products has dramatically improved (and will continue to evolve), but the underlying banking products are not really disrupted.

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Spotlight

TideRock Financial, LLC

TideRock Financial, LLC is an independent investment firm providing fee-only wealth management services to individuals and families, estate and heritage planning, as well as investment management for qualified company 401K plans.Our firm specializes in creating globally-diversified, tax efficient investment portfolios based on solid academic research and an in-depth analysis of economic, political and social developments around the world.

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