|
on Accounting and Auditing |
| By: | Luisito Bertinelli (DEM, Université du Luxembourg, LU); Arnaud Bourgain (DEM, Université du Luxembourg, LU); Seydi Ababacar Dieng (University Cheikh Anta Diop, Dakar, SN); (University Cheikh Anta Diop, Dakar, SN) |
| Abstract: | Based on a very large number of Senegalese companies representing the quasi-universe of the formal sector, this study identifies the main drivers of the effective tax rates (ETR) at the firm level, which is a standard way to assess the extent of tax avoidance. We mainly find that ETR tends to decline with firm size and that the 2013 reform generated a general increase of ETR but a ETR reduction for large firms. This result is robust even after accounting for a few unobservable time, industry and firm characteristics. |
| Keywords: | Effective Tax Rate; Tax avoidance; Corporate income Tax; Taxation in Sub-Saharan Africa; Tax exemption. |
| JEL: | H25 O17 O55 |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:luc:wpaper:24-10 |
| By: | Serge Agbodjo (LGTO - Laboratoire de Gestion et des Transitions Organisationnelles - UT3 - Université Toulouse III - Paul Sabatier - UT - Université de Toulouse); Konan Anderson Seny Kan (EESC-GEM Grenoble Ecole de Management) |
| Abstract: | Accounting research on the African continent is indeed present in the international accounting literature. It remains relatively invisible because it is part of the field of accounting research in emerging economies, which itself does not feature in the dominant streams of accounting research. This study aims to understand the state of accounting knowledge on the African continent through a systematic analysis of 326 research articles published in 38 international accounting journals over a period of 43 years (1980–2022). Our results show that accounting research on Africa represents only 1.2% of studies published in international academic accounting journals over the period 1980–2022. The results also detail the accounting domains and the methodological and theoretical approaches of the international accounting literature on African countries. Furthermore, our results provide an understanding of the forms of theorization that structure African accounting knowledge in the international literature, namely the theorization of the political and historical connection on the one hand, and the theorization of the epistemic connection, on the other. Additionally, this study proposes, in the light of consciencism, a discussion of positive, transformative accounting actions, in resistance to negative accounting actions of subjugation. Finally, a research program made up of eight (8) avenues for future research that address various gaps in the literature is proposed. |
| Abstract: | La recherche comptable sur le continent africain est bien présente dans la littérature comptable internationale. Elle reste encore peu visible car elle fait partie du champ de la recherche comptable dans les pays émergents qui lui-même ne figure pas dans les champs dominants de la recherche comptable. Cette étude vise à la compréhension de l'état de la connaissance comptable sur le continent africain par le biais d'une analyse systématique de 326 articles de recherche publiés dans 38 revues internationales comptables sur une période de 43 années (1980-2022). Nos résultats montrent que les recherches comptables sur l'Afrique ne représentent que 1, 2 % des travaux publiés dans les revues académiques comptables internationales sur la période 1980-2022. Les résultats détaillent également les domaines comptables et les approches méthodologiques et théoriques de la littérature comptable internationale dans les pays africains. Par ailleurs, nos résultats permettent de comprendre les formes de théorisation qui structurent la connaissance comptable africaine dans la littérature internationale, en l'occurrence, la théorisation du lien politique et historique d'une part, et la théorisation du lien épistémique , d'autre part. De plus, cette étude propose, à l'aune du consciencisme , une discussion des actions comptables positives, transformatrices, en résistance aux actions comptables négatives d'assujettissement. Enfin, un programme de recherche décliné en huit (8) voies de recherches futures qui pallient différents manquements de la littérature est proposé. |
| Keywords: | accounting, Africa, literature review, development, emerging economies, consciencism, pays émergents, consciencisme, revue de littérature, afrique, comptabilité, développement |
| Date: | 2024–10–24 |
| URL: | https://d.repec.org/n?u=RePEc:hal:gemptp:halshs-04830453 |
| By: | Alessandro Turrini; Julien Guigue; Áron Kiss; Alexander Leodolter; Kristine Van Herck; Frank Neher; Chrysa Leventi; Andrea Papini; Fidel Picos; Mattia Ricci; Federica Lanterna |
| Abstract: | Tax expenditures are tax relief measures targeted at some socially desirable activities or specific groups of taxpayers. This paper reviews issues related to tax expenditures in the EU and presents some stylised facts related to tax expenditures in personal income taxation (PIT), value-added taxation (VAT), and corporate taxation. Like spending programmes, tax expenditures can be used for allocative or redistributive purposes. At the same time, tax expenditures can make the tax system more complex, less transparent, may have adverse distributional impacts, and they can result in substantial revenue loss. They may also, in some cases, result in harmful tax competition among Member States. The tax-benefit microsimulation model EUROMOD is employed to simulate the fiscal and distributional impacts of two specific sets of tax expenditures. Tax expenditures in PIT that are covered by this study are estimated to represent about 16% of tax revenues from PIT in the EU27 (corresponding to about 1.2% of GDP on average). Reduced VAT rates represent a similar magnitude at about 16% of VAT paid by households in the EU27 (corresponding to about 1.1% of GDP on average). Regular reporting, monitoring and assessment of tax expenditures is crucial as it allows Member States to review and revise their tax policies. Eliminating or reducing (ineffective or cost-ineffective) tax expenditures can, in some cases, create crucial fiscal space that allows for stronger fiscal consolidation, a revenue-neutral reduction in statutory tax rates, or growth-friendly tax shifts. |
| JEL: | H23 H24 H25 |
| Date: | 2024–10 |
| URL: | https://d.repec.org/n?u=RePEc:euf:dispap:212 |
| By: | James R. Hines Jr. |
| Abstract: | Minimum tax rules constrain only the lowest-tax jurisdictions. Because higher minimum tax rates expand the circle of affected countries and therefore the impact of any further changes, there can be dominated regions over which no parameter values would make a minimum tax efficient. Applying a Taylor approximation to the distribution of statutory corporate tax rates in 2020, the range 4%-27% is a dominated region: there may be an efficient minimum rate below 4%, or higher than 27%, but there is no efficient world minimum tax rate between 4% and 27%. Minimum taxes set at popular rates are particularly inefficient – a minimum tax rate of 15% yields value that, when positive, is equivalent to offsetting less than one percent of the effect of tax competition. |
| JEL: | H21 H25 H87 |
| Date: | 2024–11 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:33140 |
| By: | Junttila, Juho; Koivisto, Aliisa; Nivala, Annika |
| Abstract: | Many countries use a reverse charge mechanism (RC) in value added tax (VAT) to combat tax evasion in specific high-risk sectors. The RC shifts the liability to remit VAT from the seller to the buyer. We study the adoption of RC in 2011 in the construction sector in Finland using tax return data on the universe of Finnish firms. Using a difference-in-differences design, we find that reported net VAT liabilities in the construction sector increased by 5% compared to unaffected firms. The results show that the remittance policy can be effective in decreasing VAT evasion by subcontractors that provide services for large firms. |
| Keywords: | tax compliance, value added tax, reverse charge mechanism, firm behavior, Business taxation and regulation, H25, H26, L74, O17, Z18, fi=Verotus|sv=Beskattning|en=Taxation|, |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:fer:wpaper:170 |
| By: | Łuczywek, Beata; Lippold, Kye; Betts, Julian; Berman, Eli |
| Keywords: | Economics, Applied Economics, Child Tax Credit, outreach, program participation, children, H24, H31, I38, Accounting, Auditing and Accountability, Law, Applied economics |
| Date: | 2024–01–01 |
| URL: | https://d.repec.org/n?u=RePEc:cdl:ucsdec:qt1dh1n103 |