Business innovation is key to a creating a highly productive Canadian economy. One concern is that Canadian businesses have relatively low levels of business research and development (R&D), despite access to some of the world's most generous R&D tax subsidies. This doesn't mean that tax credits do not stimulate R&D; indeed, research suggests they do. Rather, low business R&D appears to be roote...

Previous studies have struggled to demonstrate that higher taxes deter business activity. We revisit this issue by estimating the effect of changes over time in cross-border differences in state tax conditions on the tendency for new establishments to favor one side of a state border over the other. Identification is enhanced by taking account of previously overlooked reciprocal agreements that...

Today, women are considered as one of the main pillars of corporate decision making, which can contribute to the development and promotion of corporate initiatives and projects within the framework of the development of trust and confidence of shareholders and society. The purpose of this research is to investigate the association between the presence of women on boards of directors and tax avo...

Submitted: Jun 24, 2013; Accepted: Jul 19, 2013; Published: Jul 25, 2013 Abstract: The article presents an empirical study of institutional maturity as a determinant of companies’ value and well-being of countries as a whole. Regression models of value multiples with inclusion of institutional factors are developed. Value of companies is studied in terms of the following multipliers: Price-Earn...

We analyze the distribution of income and income tax of individuals in Japan for the fiscal year 1998. From the rank-size plots we find that the accumulated probability distribution of both data obey a power law with a Pareto exponent very close to −2. We also present an analysis of the distribution of the debts owed by bankrupt companies from 1997 to March, 2000, which is consistent with a pow...

T he Tax Reform Act of 1986 (TRA 86) marked an' important shift in Federal income tax policy. While previous tax acts provided incentives or disincentives for various business activities and industries, TRA 86 attempted to create a more "level playing field" by broadening the tax base and lowering tax rates. However, while TRA 86 reduced the direct effect of the Federal income tax on alternativ...