The Environmental Protection Tax Law of the People’s Republic of China, passed in 2016, replaced the pollution discharge fee. The switch from pollution discharge fee to environmental protection tax (SFTT) has not changed the tax burden but has turned a management regulation into law, which...

Owing to the Fourth Industrial revolution and digital transformation, the digital economy has grown substantially globally and in Africa. Despite the positive outcomes such as advancements in technology, improvements in business models and expansion in digital financial inclusion, negative...

Recently, a number of reforms in the treatment of corporate profits have been proposed in the US, including (1) reducing or eliminating interest rate deductibility, (2) allowing full or partial dividend deductibility (full or partial imputation), and (3) permitting tax payers to credit corporate...

The target’s valuation is the cornerstone of merger negotiations and hinges on expectations of after-tax cash flows. But how do buyers and sellers adapt when the underlying tax parameters are in flux? Focusing on the months-long legislation process behind major corporate tax reform in 2017...

This paper provides quasi-experimental evidence on the effects of income taxes on gross hourly wages by utilizing administrative data and a tax reform in Denmark. The reform introduced joint taxation to a middle tax bracket, bringing large changes to the tax system facing married couples. Using...