U.S.-based multinational corporations are calling for a tax holiday that would allow them to repatriate their foreign earnings at little tax cost. With over $1 trillion in earnings trapped offshore and untaxed by the U.S., these corporations characterize the proposed repatriation holiday as a...

Exports of refined gasoline are exempt from Federal excise taxation. Accordingly, an increase in the Federal excise tax on gasoline may simply increase the market price of gasoline in the U.S. and encourage the export of gasoline to foreign markets, primarily West Africa and Latin America. Any...

An essential difference between the design of the Swedish and the US in-work tax credit systems relates to their functional forms. Where the US earned income tax credit (EITC) is phased out and favours low and medium earnings, the Swedish system is not phased out and offers 17 and 7 per cent tax...

An essential difference between the design of the Swedish and the US in-work tax credit systems relates to their functional forms. Where the US earned income tax credit (EITC) is phased out and favours low and medium earnings, the Swedish system is not phased out and offers 17 and 7 per cent tax...

Due to data restrictions, empirical tax research commonly relies on database-driven methods as a means of identifying firms' tax loss carry-forward (TLCF) status. Employing a panel of listed Italian parent companies, I am the first to empirically examine the accuracy of database-driven methods...

This paper looks at the American experience in using tax law to deliver benefits to low and moderate-wage workers. First examining two recent cases in which individuals improperly claimed the earned income tax credit, this paper explores some of the challenges to both taxpayers and tax...