This paper distinguishes between debt and equity flows in the presence of information asymmetry between the firm`s quot;insidersquot; and quot;outsidersquot; in a small open economy. It shows the inadequacy of capital investment because its scope is too narrow and the investment each firm makes...

Over the past few years, policymakers have argued that everything from Apple's Irish tax deal to patent boxes to the LuxLeaks tax rulings represent “harmful tax competition.” Despite the ubiquity of this term, however, there is no internationally accepted definition of so-called harmful tax...

This paper examines corporations' actions, and statements about actions, following the tax law change known as the Tax Cuts and Jobs Act (TCJA). Specifically, we examine four different outcomes — bonuses (or other actions that benefit workers), announcements of new investments, share...

Bulgarian Abstract: Докладът обобщава предложените през последните няколко десетилетия политики за включването на финансовите услуги в облагаемата база на ДДС. Всяка...

The paper aims to provide quantitative background for policy prescriptions in EU Member States facing dependence on value added tax revenues. Our methods include a descriptive analysis and also an empirical study on the main determinants of value added tax revenues that resorts to panel...

Technological advancements are playing a transformative role in curtailing the need for labor. These very same forces are catapulting capital in the form of robotics, machinery, and intellectual property to the economic forefront. In virtually every sphere of human existence, labor's decline and...

This is a conceptual paper, the author discusses some fundamental assumptions regarding taxation. These assumptions need to be re-examined. The author has carried out a survey of fifty professionals in the field of tax administrations and based on discussions with them tried to identify the...

Has a $5.00 shipping fee ever made you second guess an online purchase? What about a sales tax? Apparently, our Supreme Court Justices pay no mind to the latter. South Dakota v. Wayfair annihilates the concept of tax-free online shopping and allows the states to compel online companies meeting...

Critical tax theory identifies systemic imbalances in taxation that impose disproportionally high tax burdens on groups who lack or fail to exercise political power. This article focuses on foreigners as an ideal taxpaying group because it does not vote. The article identifies some ways in which...