to the government be paid before the debts owed to other creditors? This Article defends the notion that some tax debts … creditors, the tax priority debate should be understood as a fight about how much debtor default risk the government should have … limited through the grant of tax priority because, contrary to the claims of priority's critics, the government is constrained …

technology. The better approach is to tax reward tokens when they are sold or exchanged.In this two-part report, Sutherland … concludes that for both proof-of-work and proof-of-stake cryptocurrencies, the best approach is to tax reward tokens only when …

The paper analyses Estonian tax structure changes during the last decade and critically assesses the current situation ….The country's tax mix is rather unique among EU countries – it has one of the highest proportions of consumption taxes in total … taxes and the lowest level of capital and profit taxes. Such an unbalanced tax structure creates risks for public finances …

A number of recent changes to Italian tax law have important implications for financial stability. The taxation of …

economic performance. These accrual properties can be desirable in the tax setting as tax authorities seek more predictable … corporate tax revenues. However, they can also make tax revenues procyclical by increasing the correlation between aggregate … corporate tax revenues and aggregate economic activity. We argue that accruals shape the distribution of corporate tax revenues …

In recent years R&D tax incentives have been characterized by increasing scale and spread on innovation activity …. Approaches to integrated R&D tax incentives into "recipes" for long-term growth and competitiveness were developed and tested in … many countries. For example, only 12 OECD members employed R&D tax incentives in 1995, but 27 members do so in 2013 (as …

Tax legislation, fiscal authorities, and tax courts create tax uncertainty by frequent tax reforms and various … different interpretations of the tax law. Moreover, investors generate model-specific tax uncertainty by using simplified models … that anticipate the actual tax base incorrectly. I analyze the effects of stochastic taxation on investment behavior in a …

This report presents new evidence on the impact of R&D tax incentives and direct funding of business R&D, drawing on …-19). This “distributed” approach facilitates a harmonised analysis of confidential business R&D and tax relief microdata in 20 … OECD countries. microBeRD provides new insights into the effectiveness of R&D tax incentives in encouraging business R&D in …

We analyze the impact of trust on bargaining behavior between auditor and auditee in a tax setting. We study the effect … of interpersonal trust and trust in government on both taxpayer and tax auditor. In an experiment with variation in …. While trust in government increases taxpayers’ tax offers, trust in government may lead to more concessionary behavior of …