Abstract
Tax planning can potentially offer a win-win situation for both the employee and the employer since not all forms of compensation are treated in the same manner for tax purposes. This chapter illustrates that compensation planning cannot be done in isolation from tax planning, and tax planning cannot be done in isolation from compensation planning. To appreciate the role of taxes in compensation planning, it is important to consider the tax consequences to both the employee and the employer since taxes can affect both the form and the amount of total compensation paid to employees.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Ault, H.J. (1997), Comparative Income Taxation: A Structural Analysis, The Hague: Kluwer Law International.
Cordes, J.J., Ebel, R.D. and Gravelle, J.G. (Eds) (1999), The Encyclopedia of Taxation and Tax Policy, Washington, D.C: The Urban Institute Press.
Egginton, D., Forker, J. and Grout, P. (1993), ‘Executive and Employee Share Options: Taxation, Dilution and Disclosure’, Accounting and Business Research, Vol. 23(91), pp. 363–72.
Katz, A., and Mankiw, G. (1985), ‘How should Fringe Benefits Be Taxed?’, National Tax Journal, Vol. 48(1), pp. 37–46.
Macnaughton, A. (1992), ‘Fringe Benefits and Employee Expenses: Tax Planning and Neutral Tax Policy’, Contemporary Accounting Research, Vol. 9(1), pp. 113–37.
Macnaughton, A. and Mawani, A. (2002), ‘Microeconomic Approaches to Tax Planning’ in Lamb, M. and Lymer, A. (Eds), Taxation: An Interdisciplinary Approach to Research, Oxford University Press, forthcoming.
Macnaughton, A. and Mawani, A. (1997), ‘Tax Minimization versus Good Tax Planning’, CA Magazine, January / February.
Mawani, A. (2002), ‘Cancellation of Executive Stock Options: Tax and Accounting Income Considerations', Working Paper, York University.
Scholes, M.S., Wolfson, M.A., Erickson, M., Maydew, E.L., and Shevlin, T. (2002), Taxes and Business Strategy: A Planning Approach, 2nd edition, Upper Saddle River, NJ: Prentice-Hall.
Sandier, D. (2001), ‘The Tax Treatment of Employee Stock Options: Generous to a Fault’, Canadian Tax Journal, Vol. 49(2), pp. 259–319.
Stern, J.J. (1996), Tax Concepts and Analysis, Academic Products.
Thornton, D.B. (1993), Managerial Tax Planning - A Canadian Perspective, Wiley.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2002 Springer Science+Business Media New York
About this chapter
Cite this chapter
Mawani, A. (2002). Taxes and Compensation. In: Lymer, A., Hasseldine, J. (eds) The International Taxation System. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1071-0_12
Download citation
DOI: https://doi.org/10.1007/978-1-4615-1071-0_12
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-5380-5
Online ISBN: 978-1-4615-1071-0
eBook Packages: Springer Book Archive