Using the universe of South African corporate tax returns for 2009-14, we estimate profit- and debt-shifting responses in South Africa. We find evidence that South African subsidiaries engage in profit shifting and that profit-shifting responses to tax incentives across all channels are...

This paper aims to describe funding structures of companies liable for tax in South Africa and how this relates to other characteristics, including ownership, of the companies. The research that the paper reports on was performed as descriptive analyses. While no clear indication of a preference...

Globally, the largest 0.001 per cent of firms earn roughly one-third of all corporate profits. Nonetheless, there is little understanding of how profit shifting differs across firm size. Using South African corporate tax returns from 2010-14, we investigate the link between firm size and profit...

Using the universe of South African corporate tax returns for 2009-14, we estimate profit- and debt-shifting responses in South Africa. We find evidence that South African subsidiaries engage in profit shifting and that profit-shifting responses to tax incentives across all channels are...

This paper aims to describe funding structures of companies liable for tax in South Africa and how this relates to other characteristics, including ownership, of the companies. The research that the paper reports on was performed as descriptive analyses. While no clear indication of a preference...

Globally, the largest 0.001 per cent of firms earn roughly one-third of all corporate profits. Nonetheless, there is little understanding of how profit shifting differs across firm size. Using South African corporate tax returns from 2010-14, we investigate the link between firm size and profit...

President Obama's fiscal 2010 budget proposal, which increases net business income taxes by $239 billion over 10 years, would increase corporate income taxes by 5.5 percent. Because of three large international tax changes representing 58 percent of the total business tax increase, multinational...

We provide an analysis of the industry effects of President Obama's fiscal year 2011 budget business tax proposals. The budget proposes $443 billion of tax increases on businesses over 2010-20, with a number of proposals aimed at increasing taxes on specific industries. The budget also includes...

In this article, the authors note that a transaction-based credit income VAT is not the only way to impose a broad-based VAT. Japan uses a subtraction-method VAT, and several U.S. states have either adopted or proposed entity-level taxes based on value added calculated from a taxpayer's...

This paper extends the tax analysis of knowledge-based capital (KBC) in several dimensions. The paper analyses non-R&D KBC: computer software, architectural and engineering designs, and economic competencies that account for over 70% of total KBC. The paper analyses the tax treatment of...