Income tax considerations in Engineering Economics

The following discussion agenda is on Income Tax considerations in Engineering Economics:

1. Types of taxes
• Property taxes
• Excise taxes
• Income taxes
2. Corporate income taxes
• Effective income tax
• Investment credit
• Capital gains and losses
• Carrybacks and carryovers
3. After-tax economic considerations
• After-tax cash flow
• After-tax comparison of proposals
• Afer-tax evaluation of a depreciable asset
• After-tax analysis with debt  financing
• After-tax replacement study
• After-tax comparison of a defender and a challenger with revenue unknown

Some lecture notes

References

1. Riggs, J.L., Bedworth, D.D. and Randhawa, S.U. (1998) "Chapter 9: Depeciation and Income Tax Considerations" in Engineering Economics, McGraw-Hill
2. On tax incidence: http://en.wikipedia.org/wiki/Tax_incidence
3. On tax: http://en.wikipedia.org/wiki/Tax
4. On taxable income: http://en.wikipedia.org/wiki/Taxable_income
5. Hong Kong Taxation System: http://www.rytc.com.hk/e_tt_bt_ovhkt.htm
6. UK Taxation System: http://tutor2u.net/economics/revision-notes/a2-macro-direct-indirect-taxation.html
7. On corporate tax: http://en.wikipedia.org/wiki/Corporate_tax
8. On consumer and producer surplus: http://www.youtube.com/watch?v=WforwhGw5dI