This paper examines capital income taxation in Ghana. We calculate effective marginal tax rates (EMTR) and effective average tax rates (EATR) using an extended Devereux-Griffith methodology to accommodate for tax incentives – an exercise that has not been done so far for Ghana. We find that...

Industry size standards that determine eligibility for small business subsidies have vastly increased over the past decade. We exploit quasi-random variation in the implementation of size standard increases to study the effects on small firms, subsidy allocation, and industry outcomes using...

We examine how investor-level tax incentives affect financing for start-ups using the introduction of a generous tax deduction for qualified angel and VC investment in China as a quasi-natural experiment. We find that the tax incentive increases funding for eligible start-ups, with stronger...

The international agreement on a corporate minimum tax is a milestone in global corporate tax arrangements. The minimum tax disturbs the equivalence between otherwise equivalent forms of efficient economic rent taxation: cash-flow tax and allowance for corporate equity. The marginal effective...

Purpose - The study examines the impacts of debt financing on infrastructure development, investment, creation of new business entities, subsidies to private sector and GDP growth. Design/methodology/approach - The methodology is based on five simultaneous equations which have been estimated...

Auf internationaler Ebene wird aktuell über ein System effektiver internationaler Mindeststeuern auf die Gewinne multinationaler Unternehmen verhandelt, das bis Ende 2020 beschlossen werden soll. Eine Mindeststeuer könnte die Effizienz und Effektivität der internationalen Besteuerung deutlich...

This report examines the allocation of Finland's green transition and digitalization-related subsidies on an an- nual basis. The analysis utilizes the business subsidy in- formation service system maintained by the Ministry of Economic Affairs and Employment, which provides com- prehensive data...

This report examines the allocation of Finland's green transition and digitalization-related subsidies on an an- nual basis. The analysis utilizes the business subsidy in- formation service system maintained by the Ministry of Economic Affairs and Employment, which provides com- prehensive data...

The international agreement on a corporate minimum tax is a milestone in global corporate tax arrangements. The minimum tax disturbs the equivalence between otherwise equivalent forms of efficient economic rent taxation: cash-flow tax and allowance for corporate equity. The marginal effective...

This document provides an integrated view on income-based tax incentives for R&D and innovation. It brings together the latest evidence on the adoption, design, generosity, cost and take-up of income-based tax incentives, and gives new insights into both the long-term and short-term trends in...