"The authors examine the effects of taxation on financing policy using the corporate tax reform in 2001 in Croatia as a … natural experiment. Since the extant literature on tax effects on capital structure studies listed firms in developed … structure, which suggests that lower taxes decrease the incentive to hold debt due to decreasing interest tax deductibility …

, the authors explore the impact of a carbon tax relative to alternative energy taxes on economic welfare. Using a … content. The authors consider a "pure" carbon tax as well as various proxy taxes such as those on energy or energy … targeted the tax to carbon emissions, the better the welfare results. If a carbon tax is feasible, it will have the least …

"Tax expenditures, in the form of tax provisions, are government expenditures. They are conceptually and functionally … distinct from those tax provisions whose purpose is to raise revenue. Tax expenditure programs are comparable to entitlement … programs. Therefore, tax expenditures must be analyzed in spending terms and integrated into the budgetary process to ensure …

Tax incentives neither make up for serious deficiencies in a country's investment environment nor generate the desired …, depending on the tax instrument used, the characteristics of the multinational company, and the relationship between the tax …

The main message of this report is that Pakistan can take measures to increase the tax to gross domestic product (GDP …, Pakistan needs to embrace substantial changes in tax policy aimed at increasing the buoyancy of the tax system, broadening the … tax bases, reducing distortions and phasing out exemptions. Such tax reforms are also required to deal with the risks …

The main message of this report is that Pakistan can take measures to increase the tax to gross domestic product (GDP …, Pakistan needs to embrace substantial changes in tax policy aimed at increasing the buoyancy of the tax system, broadening the … tax bases, reducing distortions and phasing out exemptions. Such tax reforms are also required to deal with the risks …