Search results for "Face value"
showing 3 items of 3 documents
Klein, Hurwitz, and the “Jewish Question” in German Academia
2018
Mathematicians love to tell stories about people they once knew or perhaps only heard about. If the story happens to sound believable, others are apt to repeat it, possibly embellishing on the original tale. Such mathematical folklore occasionally finds its way into print, and once it does, readers are apt to take such stories at face value, lending them additional credibility. Occasionally, though, alleged facts come under scrutiny, and established stories are exposed as fiction. Yet even when someone comes along with decisive evidence refuting an earlier account it can easily happen that the original story just refuses to die.
Opinion Statement ECJ-TF 3/2019 on the CJEU Decision of 22 November 2018 in Case C-575/17, Sofina, on Withholding Taxes, Losses and Territoriality
2020
This article deals with the decision taken by the Court of Justice of the European Union in Sofina. In the authors' view, it may have extended the standard of comparability, requiring (foreign) non-dividend income of the recipient to be taken into consideration in comparing the tax treatment of domestic and outbound dividends. This comparator, however, upsets the principle of territoriality, as accepted by the Court in Futura (Case C-250/95) and Centro Equestre (Case C-345/04), by requiring the source state to take into account losses that the non-resident taxpayer has in the residence state. Taken at face value, Sofina's impact may extend well beyond withholding taxes, specifically, and di…
Wages and productivity growth in the Nordic countries
1995
Abstract The study examines growth in productivity and real wages in four Nordic countries, viz. Denmark, Finland, Norway and Sweden, thus extending Gordon's (1987) analysis concentrating on the U.S., Japan and Europe. The results confirm certain key findings of Gordon's (1987) study. In particular, the cyclically adjusted measures of productivity growth confirm the slowdown in productivity growth in the mid-1970s. Gordon's finding that there are considerable differences across the different sectors of the economy is similarly supported. As far as country-specific development in productivity growth is concerned, the results imply that there are considerable inter-country differences which G…