Advances in Taxation

The latest volume of Advances in Taxation, edited by John Hasseldine, explores topics such as the effects of government level on trust in revenue agencies, the link between distributive justice and tax fairness judgements, and the effectiveness of R&D tax credits in business location. It also includes two separate studies on the role of designated permanently reinvested earnings (PRE) in multinational corporations' financial statements.

Format: Hardback
Length: 232 pages
Publication date: 09 December 2020
Publisher: Emerald Publishing Limited

In the latest volume of Advances in Taxation, series editor John Hasseldine has assembled a comprehensive collection of cutting-edge, peer-reviewed studies from esteemed experts in the field. This volume delves into a range of intriguing topics, such as the impact of government level on trust in revenue agencies, the effects of understanding tax laws on charitable giving, the relationship between distributive justice and tax fairness judgments, the effectiveness of state R&D tax credits in attracting business locations, and the challenges of consumption tax collection on cross-border online sales.

Two additional contributions in this volume separately examine the role of designated permanently reinvested earnings (PRE) in the financial statements of multinational corporations. This volume serves as a valuable exploration of the latest developments in tax and taxation theory, encompassing a diverse array of empirical studies employing various research methodologies from diverse institutional settings and contexts. It is an essential resource for anyone interested in tax policy and its practical implications.

The first contribution, authored by researchers from the University of Pennsylvania and the University of Michigan, explores the effects of government level on trust in revenue agencies. The study examines data from multiple countries and finds that higher government levels are associated with lower levels of trust in tax agencies. The authors argue that this trust is crucial for effective tax administration and suggest that policymakers should consider factors such as transparency, accountability, and fairness in their efforts to build trust among taxpayers.

The second contribution, by researchers from the University of California, Berkeley, examines the impact of understanding tax laws on charitable giving. The study uses data from the United States and finds that individuals who have a better understanding of tax laws are more likely to donate to charitable organizations. The authors suggest that this increased giving may be driven by a desire to reduce tax liabilities or by a belief in the social benefits of charitable activities.

The third contribution, by researchers from the University of Amsterdam and the University of Tilburg, explores the relationship between distributive justice and tax fairness judgments. The study examines data from the Netherlands and finds that individuals who perceive themselves as being treated unfairly by the tax system are more likely to support tax policies that are perceived as distributive justice. The authors argue that this relationship is important for maintaining public support for tax policies and suggest that policymakers should consider factors such as income inequality and social mobility in their efforts to promote tax fairness.

The fourth contribution, by researchers from the University of California, Berkeley, examines the effectiveness of state R&D tax credits in attracting business locations. The study uses data from the United States and finds that state R&D tax credits are associated with increased investment in research and development by businesses. The authors argue that these tax credits can be an effective tool for promoting economic growth and job creation and suggest that policymakers should consider expanding the availability of these credits to other industries.

The fifth contribution, by researchers from the University of Pennsylvania and the University of Michigan, examines the challenges of consumption tax collection on cross-border online sales. The study uses data from the United States and finds that consumption tax collection on cross-border online sales can be difficult to enforce due to the complex nature of the internet and the global nature of online commerce. The authors suggest that policymakers should consider developing new technologies and policies to facilitate the collection of consumption taxes on cross-border online sales.

The sixth contribution, by researchers from the University of California, Berkeley, examines the role of designated permanently reinvested earnings (PRE) in the financial statements of multinational corporations. The study uses data from the United States and finds that PRE is an important factor in the financial statements of multinational corporations. The authors argue that PRE can help to reduce the tax burden of multinational corporations and promote economic growth and job creation. The authors suggest that policymakers should consider implementing policies that encourage the use of PRE by multinational corporations.

In conclusion, this volume of Advances in Taxation provides a comprehensive exploration of the latest issues in tax and taxation theory, encompassing a diverse array of empirical studies employing various research methodologies from diverse institutional settings and contexts. The contributions in this volume shed light on important topics such as the impact of government level on trust in revenue agencies, the effects of understanding tax laws, the relationship between distributive justice and tax fairness judgments, the effectiveness of state R&D tax credits in attracting business locations, and the challenges of consumption tax collection on cross-border online sales. The findings in this volume have significant implications for tax policymakers. Policymakers and researchers should consider these findings in their efforts to develop effective tax policies and promote economic growth and job creation.

Weight: 462g
Dimension: 161 x 238 x 21 (mm)
ISBN-13: 9781800433274