The present analysis has examined the effect of the shadow economy on tax reform in developing countries. The first type of tax reform is the “structural tax reform” (STR) characterized by large episodes of tax revenue mobilization, ident...
Fiscal arrangements have significant influences on the use of land in China. The tax collection reform in 2002 stipulates that firms establish after the reform are levied by the state tax bureau while those established before the reform continue to b...
2 October 2021
In July 2020, the Executive Power submitted Bill no. 3887-2020 as the first step towards a wide reform of the Brazilian tax system. It will replace the current PIS/COFINS (charged on turnover of companies) by the CBS (a tax on goods and services), wh...
The environmental tax reform implemented in 2018 is an important initiative of Chinese tax reform, which is deemed a valuable opportunity to encourage firms to improve their environmental performance. This study empirically investigates the impact of...
This paper evaluates whether and how tax reduction policies affect public–private partnership (PPP) projects in China by using the complete conversion from business tax to value-added tax (BT-to-VAT) as a significant case. This reform enhances...
Against the dual backdrop of the global green transition and China’s construction of a unified national market, the impact of environmental policies on the spatial allocation of capital has emerged as a core concern for academic researchers and...
28 July 2022
China, the world’s largest carbon emitter, urgently needs to improve its carbon emissions efficiency. This study analyzes the impact of tax policy on total factor carbon emission efficiency (TFCEE). Using the Value Added Tax (VAT) reform in Chi...
Promoting water conservation is crucial for building a modern ecological civilization. The water resource tax helps enforce water-saving policies and strict usage controls. The difference-in-differences (DID) method avoids endogeneity and omitted var...
China’s 2018 environmental protection tax (EPT) reform was introduced in response to increasing concerns about environmental degradation. It aimed to use fiscal policy to enhance environmental governance while fostering economic productivity. T...
Urban ecological resilience is a crucial foundation for sustainable urban development. Based on balanced panel data from 285 prefecture-level and higher cities in China from 2007 to 2023, this paper treats the implementation of the 2018 “Enviro...
During the past 30 year of economic growth, China has also accumulated a huge environmental pollution debt. China’s government attempts to use a variety of means, including tax instruments to control environmental pollution. After nine years of repea...
Taxation is a powerful tool to achieve sustainable development goals (SDG) as tax policies help strengthen economic growth and improve revenue capacity. So, after tax reform, it is vital to analyze their impact on the performance of enterprises. Keep...
As an essential reform of China’s environmental regulatory policy, the environmental protection tax reform achieves a smooth transition from the emission fee system to the environmental protection tax system according to the principle of tax bu...
We investigate the potential for double or even multiple dividends arising from a climate and energy tax reform (CETR), using a regional computable general equilibrium model. Such dividends indicate if government revenues raised from energy-related e...
Disasters and pandemics such as COVID-19 will change the world in many ways and the road to redemption from the ongoing economic distress may require a novel approach. This paper proposes a path towards economic recovery that keeps sustainability at...
The great recession brought an increased need for public revenues and generated distributive concerns across many countries. This has led to a new generation of green tax reforms characterized by the use of markedly heterogeneous proposals that, over...
The study applies a multi-sector multi-household static computable general equilibrium (CGE) tax model to assess the economy-wide impacts of taxes in Vietnam. It examines two tax reform scenarios based on the tax reform plan proposed by the Vietnam M...
The long-standing, unrestrained utilization of energy resources by China’s manufacturing sector has created irreversible obstacles to regional sustainable development. Consequently, the Chinese government has implemented a water resource tax po...
Tax incentives play a crucial role in enhancing firm dynamism and aiding a nation in becoming a significant trade power. Drawing on data from the Annual Survey of Industrial Firms Database and the Chinese Customs Database for the period 2010 to 2013,...
This article examines the role of environmental taxation in mitigating environmental problems and contributing to sustainability in Mexico. It focuses on environmental tax revenues and tax expenditures since the 2014 Public Financial Reform (PFR), ac...
As tax is related to the sustainable growth of societies around the world, international tax avoidance by multinational enterprises (MNEs) has gained public attention. The Organization for Economic Co-operation and Development (OECD) introduced the B...
Taxation has long been an important tool for dealing with externalities, and studying whether tax policies can be linked to today’s green development trend can help macroeconomic decisions influence the green transformation of enterprises. The...
The tax structure capable of achieving an energy transition in the power sector was analyzed by applying the Pigouvian tax on generation fuels. Under the 2018 Tax Act Amendment, the tax rate criteria for the excise tax on power generation fuels chang...
This article used China as an example to study how tax reform affects the innovative behavior of companies. Our research showed that value-added tax (VAT) reform can affect corporate innovation behavior. On the basis of patent-application data of Chi...
This study examines whether stricter enforcement of mandatory social insurance contributions affects corporate income tax behavior in China. In the Chinese institutional context, mandatory social insurance refers to payroll-based employer and employe...
In response to the growing disparity between the supply and demand of water resources, the Chinese government has piloted a more binding and reformed water resources tax to realize the sustainable utilization of water resources. However, reasonable t...
The global challenge of water resource management presents a policy dilemma: while water resource tax aims to foster green development, it may hinder the economic potential of micro entities. This paper evaluates the efficacy of a trial of water reso...
27 December 2019
In this paper, we build and analyze a general equilibrium model to evaluate the effects of environment tax reform on a small open economy in a “suboptimal environment” with existing tax distortions. We then use the macroeconomic data from...
This paper uses a difference-in-differences approach to investigate how China’s water resources tax reform influences corporate Environmental, Social and Governance (ESG) performance. Drawing on a panel dataset of A-share listed companies from...
It is essential for achieving green and sustainable economic development by using tax incentives to promote green investment. Using the data from the seventh, eighth, ninth, and tenth Chinese Private Enterprise Surveys (CPESs) conducted by the Privat...
23 February 2023
The change from quantity-based taxation to price-based taxation of iron ore resources is an important measure for China to implement the goal of carbon peaking and carbon neutralization, and to achieve green economic recovery. To explore the policy&r...
Water resources are a fundamental natural and strategic economic resource and are closely related to high-quality economic and societal development. This paper uses the pilot implementation of the water resource tax reform to explore the impact of th...
Recently, China has advocated for the comprehensive implementation of the new development concept and the enhancement of the national governance system and capacity, particularly in the area of ecology and environmental management. Environmental fee...
Resource tax has been widely adopted in many countries. This paper evaluates the causal effect of reform of water resources tax on water resources performance in Hebei Province, China. By using the provincial panel data, we first measure the water re...
The tax system reform is a part of Slovakia’s comprehensive tax and levies reform. The reform should contribute to improving and making public finances more efficient. Its implementation into practice, however, is problematic due to attitudes a...
Carbon pricing, such as a carbon tax, is an invisible hand that leads to the construction of a sustainable low-carbon society, and precise analysis of the impact of carbon pricing on each sector of the economy is indispensable for its design. In this...
Water supply systems (WSS) face various threats such as climate change, declining freshwater availability, and over-extraction of groundwater. To improve the resilience and sustainability of WSS, both technological innovation and effective institutio...
One of the primary tasks of supply-side reform is to promote the reform of fiscal and taxation systems. It is an important part of institutional innovation to coordinate fiscal and other reforms. From the perspective of the supply side, this paper di...
Thailand’s 2024 excise tax reform aimed to stimulate the tourism economy through the elimination of import tariffs and the reduction in excise rates on wine. This study evaluates the causal economic and distributional impacts of this policy int...
As one of the important policy measures to promote water conservation and efficient utilization, the evaluation of water resources tax reform policy regarding its water saving and economic impact (WSEI) is a fundamental prerequisite for policy implem...
Following the formal implementation of the Environmental Protection Tax Law of the People’s Republic of China in 2018, debate has persisted regarding its policy effectiveness, particularly concerning its impact on carbon emissions. In the conte...
In this paper, a Belgian tax reform plan is elaborated to respond to the EU proposal that requires member states to restructure passenger car taxation systems, preferentially based on the CO2 emissions of the car. A tax orientation on CO2 emissions a...
Energy taxes are one of the main market-based tools directed toward mitigating climate change in the European Union (EU). Therefore, the aim of this article was to analyze whether energy taxes really contribute to the reduction of greenhouse gas (GHG...
Optimizing the tax business environment is of crucial significance for enhancing enterprise innovation efficiency and fostering sustainable development. This study utilizes the dataset of Chinese A-share listed companies from 2013 to 2022. By leverag...
Environmental taxes and green tax reforms are increasingly seen as powerful tools for promoting a transition to sustainable economies [...]
Dividend tax policy is one of the important tools of government taxation. Observing the dividend tax policy and the behavior of stock prices around ex-rights will not only shed light on investment strategies, but also give us a clearer understanding...
This paper examines the regressive nature of the value-added tax and proposes an integrated framework combining a uniform value-added tax rate with progressive, digitally administered rebates. The model was performed using household- and firm-level m...
Environmental protection tax (EPT), as a major tool to improve air quality and reduce carbon emissions, is of great significance for promoting urban low-carbon transformation. In this context, this paper has compiled a dataset from 282 Chinese cities...
This paper aims to test the hypothesis of the existence of significant tax competition between communes, which mainly concerns the share of value-added tax (VAT) proceeds, by exploring the system for allocating intergovernmental transfers in Morocco...
The current rules on international tax do not function properly due to the gaps which allow for tax manipulation. Whereas most tax agreements largely contribute to the prevention of double taxation, they do not effectively approach double non-taxatio...
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