Tax reform · Plan de Rupture

Costing tax-reform transition

Calculate net yield without mixing static cost, behaviour and cash timing.

Costing tax-reform transition
Costing tax-reform transition

From gross yield to net yield

Net yield = cash collected − transition costs − recurring costs − induced losses

Five columns that must not be mixed

ColumnExample
Static costMechanical application to prior-year data
Behavioural responseEarlier sale, hiring, relocation or avoidance
Cash timingGap between taxable event and collection
AdministrationSoftware, forms, staff, control and litigation
Macroeconomic effectEmployment, investment, prices and growth

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