Hasil untuk "Revenue. Taxation. Internal revenue"

Eunkyung Choi, Youngjin Suh, Siun Lee et al.

How capable are large language models (LLMs) in the domain of taxation? Although numerous studies have explored the legal domain, research dedicated to taxation remains scarce. Moreover, the datasets used in these studies are either simplified, failing to reflect the real-world complexities, or not released as open-source. To address this gap, we introduce PLAT, a new benchmark designed to assess the ability of LLMs to predict the legitimacy of additional tax penalties. PLAT comprises 300 examples: (1) 100 binary-choice questions, (2) 100 multiple-choice questions, and (3) 100 essay-type questions, all derived from 100 Korean court precedents. PLAT is constructed to evaluate not only LLMs' understanding of tax law but also their performance in legal cases that require complex reasoning beyond straightforward application of statutes. Our systematic experiments with multiple LLMs reveal that (1) their baseline capabilities are limited, especially in cases involving conflicting issues that require a comprehensive understanding (not only of the statutes but also of the taxpayer's circumstances), and (2) LLMs struggle particularly with the "AC" stages of "IRAC" even for advanced reasoning models like o3, which actively employ inference-time scaling. The dataset is publicly available at: https://huggingface.co/collections/sma1-rmarud/plat-predicting-the-legitimacy-of-punitive-additional-tax

Alessandro V. M. Oliveira, Moises D. Vassallo

This study investigates how the layout and density of seats in aircraft cabins influence the pricing of airline tickets on domestic flights. The analysis is based on microdata from boarding passes linked to face-to-face interviews with passengers, allowing us to relate the price paid to the location on the aircraft seat map, as well as market characteristics and flight operations. Econometric models were estimated using the Post-Double-Selection LASSO (PDS-LASSO) procedure, which selects numerous controls for unobservable factors linked to commercial and operational aspects, thus enabling better identification of the effect of variables such as advance purchase, reason for travel, fuel price, market structure, and load factor, among others. The results suggest that a higher density of seat rows is associated with lower prices, reflecting economies of scale with the increase in aircraft size and gains in operational efficiency. An unexpected result was also obtained: in situations where there was no seat selection fee, passengers with more expensive tickets were often allocated middle seats due to purchasing at short notice, when the side alternatives were no longer available. This behavior helps explain the economic logic behind one of the main ancillary revenues of airlines. In addition to quantitative analysis, the study incorporates an exploratory approach to innovative cabin concepts and their possible effects on density and comfort on board.

Christopher Mantzaris, Ajda Fosner

Tax work is costly for society: Administrative tax labour is typically to a high degree shuffled off the government and onto every taxpayer by law. The higher the burden of any tax system, the costlier for society, as taxpayers are unable to engage in proper wealth creation when being kept busy with administrative tax work. This research finds evidence for a relationship between hours spent to comply with taxes and amount of tax payment. These findings help better understand tax administrative costs and ultimately may help reduce them. PwC and World Bank's final "Paying taxes"-publication (2019) contains tax data for most of the world's jurisdictions, in particular annual hours spent to comply with tax obligations (X) and annual amount of tax payments (Y), both for the year 2019. X and Y were plotted in 6 tests. A positive slope, satisfying p and r values, high mutual information and finally a conclusive scatter plot picture were the 5 requirements that all needed to be met to confirm a positive relationship between X and Y. The first 2 tests did not make any adjustments to the data, the next 2 tests removed cities --thereby avoiding the double counting of jurisdictions-- and the final 2 tests removed cities and outliers. Each test pair uses for Y first total number of payments; and for each second test the number of other payments, which excludes income tax payments for profit and labour. All 5 requirements were met in every of the 6 tests, indicating a positive dependence. In addition, 4 confirmatory tests validate the methodology. The found relationship is noticeably stronger for the total number of tax payments. Findings indicate that taxpayers' time spent on tax, and thereby society's overall tax administrative costs, could be reduced by simplifying taxation processes, including tax collection and payments.

Marcel Ausloos, Probowo Erawan Sastroredjo, Polina Khrennikova

Pre-taxation analysis plays a crucial role in ensuring the fairness of public revenue collection. It can also serve as a tool to reduce the risk of tax avoidance, one of the UK government's concerns. Our report utilises pre-tax income ($PI$) and total assets ($TA$) data from 567 companies listed on the FTSE All-Share index, gathered from the Refinitiv EIKON database, covering 14 years, i.e., the period from 2009 to 2022. We also derive the $PI/TA$ ratio, and distinguish between positive and negative $PI$ cases. We test the conformity of such data to Benford's Laws,- specifically studying the first significant digit ($Fd$), the second significant digit ($Sd$), and the first and second significant digits ($FSd$). We use and justify two pertinent tests, the $χ^2$ and the Mean Absolute Deviation (MAD). We find that both tests are not leading to conclusions in complete agreement with each other, - in particular the MAD test entirely rejects the Benford's Laws conformity of the reported financial data. From the mere accounting point of view, we conclude that the findings not only cast some doubt on the reported financial data, but also suggest that many more investigations be envisaged on closely related matters. On the other hand, the study of a ratio, like $PI/TA$, of variables which are (or not) Benford's Laws compliant add to the literature debating whether such indirect variables should (or not) be Benford's Laws compliant.

Korsarun Nirunwiroj, Dmitri Tseluiko, Karima Khusnutdinova

Internal waves in a two-layer fluid with rotation are considered within the framework of Helfrich's f-plane extension of the Miyata-Maltseva-Choi-Camassa (MMCC) model. Within the scope of this model, we develop an asymptotic procedure which allows us to obtain a description of a large class of uni-directional waves leading to the Ostrovsky equation and allowing for the presence of shear inertial oscillations and barotropic transport. Importantly, unlike the conventional derivations leading to the Ostrovsky equation, the constructed solutions do not impose the zero-mean constraint on the initial conditions for any variable in the problem formulation. Using the constructed solutions, we model the evolution of quasi-periodic initial conditions close to the cnoidal wave solutions of the Korteweg-de Vries (KdV) equation but having a local amplitude and/or periodicity defect, and show that such initial conditions can lead to the emergence of bursts of large internal waves and shear currents. As a by-product of our study, we show that cnoidal waves with expansion defects discussed in this work are generalised travelling waves of the KdV equation: they satisfy all conservation laws of the KdV equation (appropriately understood), as well as the Weirstrass-Erdmann conditions for broken extremals of the associated variational problem and a natural weak formulation. Being smoothed in numerical simulations, they behave, in the absence of rotation, as long-lived states with no visible evolution, while rotation changes this behaviour and leads to the emergence of strong bursts.

Shuang-Kai Yang, Wei-Min Zhang

Utilizing the general theory of open quantum systems to investigate the exact dynamical evolution of simple bilinear systems, we discover a mechanism of the dynamical genesis of quantum entanglement. We focus in detail on the exact quantum evolution dynamics of two photonic modes (or any two bosonic modes) coupled to each other through a linear interaction, as the simplest system of open quantum systems that we have investigated in the last two decades. Such a linear coupling alone fails to produce two-mode entanglement. We also start with an initially separable pure state of the two modes. By solving exactly the quantum equation of motion without relying on the probabilistic interpretation, we find that when the initial state of one mode is different from a coherent state (a minimum uncertainty wave packet with equal variance in the conjugate quadratures that corresponds to a well-defined classically "particle"), the causality in the time-evolution of each mode is internally violated. It also leads to the emergence of quantum entanglement between the two modes. The lack of causality is the nature of statistics. We discover that it is the internal violation of causality in the reduced (subsystem) dynamical evolution that results in the emergence of entanglement and statistic probability in quantum mechanics, even though the dynamical evolution of the whole system completely obeys the deterministic Schrödinger equation. This conclusion is valid for the quantum dynamics of more complicated composite systems. It may provide the fundamental mechanism of the dynamical genesis for both the entanglement and the statistical probability within the deterministic framework of quantum mechanics, which is the longest-standing problem that has not been fully understood since the birth of quantum mechanics.

Hsuan-Wei Lee, Colin Cleveland, Attila Szolnoki

Taxes are an essential and uniformly applied institution for maintaining modern societies. However, the levels of taxation remain an intensive debate topic among citizens. If each citizen contributes to common goals, a minimal tax would be sufficient to cover common expenses. However, this is only achievable at high cooperation level; hence, a larger tax bracket is required. A recent study demonstrated that if an appropriate tax partially covers the punishment of defectors, cooperation can be maintained above a critical level of the multiplication factor, characterizing the synergistic effect of common ventures. Motivated by real-life experiences, we revisited this model by assuming an interactive structure among competitors. All other model elements, including the key parameters characterizing the cost of punishment, fines, and tax level, remain unchanged. The aim was to determine how the spatiality of a population influences the competition of strategies when punishment is partly based on a uniform tax paid by all participants. This extension results in a more subtle system behavior in which different ways of coexistence can be observed, including dynamic pattern formation owing to cyclic dominance among competing strategies.

Wenyuan Wang, Xueyuan Wu, Cheng Chi

In this paper we consider two problems on optimal implementation delay of taxation with trade-off for spectrally negative Lévy insurance risk processes. In the first case, we assume that an insurance company starts to pay tax when its surplus reaches a certain level $b$ and at the termination time of the business there is a terminal value incurred to the company. The total expected discounted value of tax payments plus the terminal value is maximized to obtain the optimal implementation level $b^*$. In the second case, the company still pays tax subject to an implementation level $a$ but with capital injections to prevent bankruptcy. The total expected discounted value of tax payments minus the capital injection costs is maximized to obtain the optimal implementation level $a^*$. Numerical examples are also given to illustrate the main results in this paper.

Jose Maria Martin-Olalla

1000 words comment on a paper published in the European Journal of Internal Medicine by a panel of experts. My point is authors address the magnitude of the change (one hour) but fail to consider in any way its seasonal features. DST is not a random change of an hour but an specific change on specific dates and in a specific direction ---spring forward, fall back---. DST is the way many contemporary societies handles the seasonality. The way many contemporary societies turn a nonseasonal clock (the mechanical clock) into a seasonal clock.

Wenyuan Wang, Zhimin Zhang

Motivated by Kyprianou and Zhou (2009), Wang and Hu (2012), Avram et al. (2017), Li et al. (2017) and Wang and Zhou (2018), we consider in this paper the problem of maximizing the expected accumulated discounted tax payments of an insurance company, whose reserve process (before taxes are deducted) evolves as a spectrally negative Lévy process with the usual exclusion of negative subordinator or deterministic drift. Tax payments are collected according to the very general loss-carry-forward tax system introduced in Kyprianou and Zhou (2009). To achieve a balance between taxation optimization and solvency, we consider an interesting modified objective function by considering the expected accumulated discounted tax payments of the company until the general draw-down time, instead of until the classical ruin time. The optimal tax return function together with the optimal tax strategy is derived, and some numerical examples are also provided.

Thomas Nedelec, Marc Abeille, Clément Calauzènes et al.

We address the problem of improving bidders' strategies in prior-dependent revenue-maximizing auctions and introduce a simple and generic method to design novel bidding strategies if the seller uses past bids to optimize her mechanism. We propose a simple and agnostic strategy, independent of the distribution of the competition, that is robust to mechanism changes and local (as opposed to global) optimization of e.g. reserve prices by the seller. This strategy guarantees an increase in utility compared to the truthful strategy for any distribution of the competition. In textbook-style examples, for instance with uniform [0,1] value distributions and two bidders, this no-side-information and mechanism-independent strategy yields an enormous 57% increase in buyer utility for lazy second price auctions with monopoly reserves. When the bidder knows the distribution of the highest bid of the competition, we show how to optimize the tradeoff between reducing the reserve price and beating the competition. Our formulation enables to study some important robustness properties of the strategies, showing their impact even when the seller is using a data-driven approach to set the reserve prices. In this sample-size setting, we prove under what conditions, thresholding bidding strategies can still improve the buyer's utility. The gist of our approach is to see optimal auctions in practice as a Stackelberg game where the buyer is the leader, as he is the first one to move (here bid) when the seller is the follower as she has no prior information on the bidder.

Youness Azimzade, Abbas Ali Saberi, Muhammad Sahimi

Tumor growth, which plays a central role in cancer evolution, depends on both the internal features of the cells, such as their ability for unlimited duplication, and the external conditions, e.g., supply of nutrients, as well as the dynamic interactions between the two. A stem cell theory of cancer has recently been developed that suggests the existence of a subpopulation of self-renewing tumor cells which is responsible for tumorigenesis, and is able to initiate metastatic spreading. The question of abundance of the cancer stem cells (CSCs) and its relation to tumor malignancy has, however, remained an unsolved problem and has been a subject of recent debates. In this paper, we propose a novel model beyond the standard stochastic models of tumor development, in order to explore the effect of the density of the CSCs and oxygen on the tumor's invasive behavior. The model identifies natural selection as the underlying process for complex morphology of tumors, which has been observed experimentally, and indicates that their invasive behavior depends on {\it both} the number of the CSCs and the oxygen density in the microenvironment. The interplay between the external and internal conditions may pave the way for a new cancer therapy.

Lin Gao, Jianwei Huang

It is well known that a game equilibrium can be far from efficient or fair, due to the misalignment between individual and social objectives. The focus of this paper is to design a new mechanism framework that induces an efficient and fair equilibrium in a general class of games. To achieve this goal, we propose a taxation framework, which first imposes a tax on each player based on the perceived payoff (income), and then redistributes the collected tax to other players properly. By turning the tax rate, this framework spans the continuum space between strategic interactions (of selfish players) and altruistic interactions (of unselfish players), hence provides rich modeling possibilities. The key challenge in the design of this framework is the proper taxing rule (i.e., the tax exemption and tax rate) that induces the desired equilibrium in a wide range of games. First, we propose a flat tax rate (i.e., a single tax rate for all players), which is necessary and sufficient for achieving an efficient equilibrium in any static strategic game with common knowledge. Then, we provide several tax exemption rules that achieve some typical fairness criterions (such as the Max-min fairness) at the equilibrium. We further illustrate the implementation of the framework in the game of Prisoners' Dilemma.

Tim Huege, Justin D. Bray, Stijn Buitink et al.

As of 2023, the low-frequency part of the Square Kilometre Array will go online in Australia. It will constitute the largest and most powerful low-frequency radio-astronomical observatory to date, and will facilitate a rich science programme in astronomy and astrophysics. With modest engineering changes, it will also be able to measure cosmic rays via the radio emission from extensive air showers. The extreme antenna density and the homogeneous coverage provided by more than 60,000 antennas within an area of one km$^2$ will push radio detection of cosmic rays in the energy range around 10$^{17}$ eV to ultimate precision, with superior capabilities in the reconstruction of arrival direction, energy, and an expected depth-of-shower-maximum resolution of 6~g/cm${^2}$.

J. N. Muthui, K. Akims, J. Mdoe et al.

T. Huege, J. D. Bray, S. Buitink et al.

As of 2023, the Square Kilometre Array will constitute the world's largest radio telescope, offering unprecedented capabilities for a diverse science programme in radio astronomy. At the same time, the SKA will be ideally suited to detect extensive air showers initiated by cosmic rays in the Earth's atmosphere via their radio emission. With its very dense and uniform antenna spacing in a fiducial area of one km$^2$ and its large bandwidth of 50-350 MHz, the low-frequency part of the SKA will provide very precise measurements of individual cosmic ray air showers. These precision measurements will allow detailed studies of the mass composition of cosmic rays in the energy region of transition from a Galactic to an extragalactic origin. Also, the SKA will facilitate three-dimensional "tomography" of the electromagnetic cascades of air showers, allowing the study of particle interactions at energies beyond the reach of the LHC. Finally, studies of possible connections between air showers and lightning initiation can be taken to a new level with the SKA. We discuss the science potential of air shower detection with the SKA and report on the technical requirements and project status.

IceCube Collaboration, M. G. Aartsen, K. Abraham et al.

We have conducted three searches for correlations between ultra-high energy cosmic rays detected by the Telescope Array and the Pierre Auger Observatory, and high-energy neutrino candidate events from IceCube. Two cross-correlation analyses with UHECRs are done: one with 39 cascades from the IceCube `high-energy starting events' sample and the other with 16 high-energy `track events'. The angular separation between the arrival directions of neutrinos and UHECRs is scanned over. The same events are also used in a separate search using a maximum likelihood approach, after the neutrino arrival directions are stacked. To estimate the significance we assume UHECR magnetic deflections to be inversely proportional to their energy, with values $3^\circ$, $6^\circ$ and $9^\circ$ at 100 EeV to allow for the uncertainties on the magnetic field strength and UHECR charge. A similar analysis is performed on stacked UHECR arrival directions and the IceCube sample of through-going muon track events which were optimized for neutrino point-source searches.

The Pierre Auger Collaboration, A. Aab, P. Abreu et al.

Contributions of the Pierre Auger Collaboration to the 34th International Cosmic Ray Conference, 30 July - 6 August 2015, The Hague, The Netherlands

D. Schap, Lauren Guest

D. Papadimitriou, M. Nikiforos, G. Zezza