It is a custom in China that when the Mid-Autumn Festival draws near, a company or organization will offer its staff moon cakes, as non-cash benefits. It has recently been reported that these noncash benefits, such as...It is a custom in China that when the Mid-Autumn Festival draws near, a company or organization will offer its staff moon cakes, as non-cash benefits. It has recently been reported that these noncash benefits, such as moon cakes, should be taxed according to their value, which has spurred heated debate.展开更多
From July 1,people running businesses or offering services online in China are required to register their identities with trading platform operators. The real-name registration system for online businesses
Boosting Tourism and Consumption.China plans to accelerate the availability of tax refund stores for eligible overseas visitors to about 10,000 shops nationwide this year,almost tripling the current number,as the coun...Boosting Tourism and Consumption.China plans to accelerate the availability of tax refund stores for eligible overseas visitors to about 10,000 shops nationwide this year,almost tripling the current number,as the country continues to boost inbound tourism and consumption,a senior official said.展开更多
As global economic integration accelerates,countries are strengthening tax transparency and information exchange.Policies such as the OECD’s BEPS Action Plan,digital services taxes,and a global minimum effective tax ...As global economic integration accelerates,countries are strengthening tax transparency and information exchange.Policies such as the OECD’s BEPS Action Plan,digital services taxes,and a global minimum effective tax rate have been introduced,posing increasingly severe compliance and risk challenges for multinational enterprises.Building on an analysis of the evolution and trends of international tax policy,this paper combines literature review with case study analysis to examine how multinational firms can,on a compliant basis,leverage legislative and policy tools,optimize organizational structures,and arrange transfer pricing to achieve effective tax planning.We then propose an internal control framework encompassing tax risk identification,early warning,and monitoring.Our findings indicate that by dynamically adjusting group structures,judiciously applying double non‐taxation treaties,and deploying digital monitoring systems,enterprises can significantly improve planning efficiency while reducing noncompliance costs.Finally,we offer recommendations for enhancing internal governance,strengthening cross‐border coordination,and responding to policy changes,providing both theoretical guidance and practical reference for the stable development of multinational enterprises.展开更多
This study investigates the impact of carbon tax policies on carbon emission reductions in G20 countries to support the achievement of the Net Zero Emissions target by 2060.As the G20 collectively accounts for a signi...This study investigates the impact of carbon tax policies on carbon emission reductions in G20 countries to support the achievement of the Net Zero Emissions target by 2060.As the G20 collectively accounts for a significant share of global greenhouse gas emissions,effective policy interventions in these nations are pivotal to addressing the climate crisis.The research employs the Pearson correlation test to quantify the statistical relationship between carbon tax rates and emission levels,alongside a content analysis of sustainability reports from G20 countries to evaluate policy implementation and outcomes.The results reveal a moderate yet statistically significant negative correlation(r=-0.30,p<0.05),indicating that higher carbon taxes are associated with lower emission levels.Content analysis further demonstrates that countries with high and consistently enforced carbon taxes,such as Japan and South Korea,achieve more substantial emissions reductions compared to nations with lower tax rates or inconsistent policy implementation.The findings emphasize that while carbon taxes serve as an effective instrument to internalize the social costs of carbon pollution,their impact is maximized when integrated with broader strategies,including investments in renewable energy,advancements in energy efficiency,and technological innovation.This research contributes to the understanding of carbon tax effectiveness and offers policy recommendations to strengthen fiscal measures as part of comprehensive climate action strategies toward achieving global sustainability targets.展开更多
“This trip to China has been an absolute steal,”exclaimed Keiko,a Japanese tourist purchasing cosmetics through Shanghai International Finance Center’s immediate tax refund service.Her experience mirrors a broader ...“This trip to China has been an absolute steal,”exclaimed Keiko,a Japanese tourist purchasing cosmetics through Shanghai International Finance Center’s immediate tax refund service.Her experience mirrors a broader trend:Visitors from overseas are flocking to China’s retail scene,lured by its growing shopping convenience.On April 26,six government agencies,including the Ministry of Commerce,jointly issued the refined departure tax refund policy,slashing the minimum refund threshold from 500 yuan(US$69)to 200 yuan(US$28),doubling the cash refund limit from 10,000 yuan(US$1,376)to 20,000 yuan(US$2,752),and encouraging shopping districts,tourist attractions and hotels to increase the number of tax refund stores.展开更多
This study aims to systematically review the various factors influencing corporate tax avoidance.Tax avoidance refers to legal strategies used to minimize tax liabilities and has become a critical issue in accounting ...This study aims to systematically review the various factors influencing corporate tax avoidance.Tax avoidance refers to legal strategies used to minimize tax liabilities and has become a critical issue in accounting and corporate governance.The study examines key determinants of tax avoidance,including firm characteristics(such as size,leverage,and multinational scale),managerial attributes,executive compensation,ownership structure,corporate social responsibility(CSR)performance,as well as the impact of regulations and legal reforms.The review findings highlight that the motivations behind tax avoidance are multifaceted,driven by the interaction of economic incentives,organizational ethics,external pressures,and public policies.Moreover,strict regulatory environments and strong CSR practices can mitigate tax avoidance behaviors,although their effectiveness is often contingent upon a firm’s cultural and political context.This study offers a comprehensive mapping of the current literature and recommends future research that integrates additional variables and broader time spans to enhance the understanding of tax avoidance behavior across different national contexts.展开更多
With the rapid development of the Chinese market economy system,income tax as an economic lever has become more and more prominent in regulating the economy.Since the beginning of the accounting reform,the Ministry of...With the rapid development of the Chinese market economy system,income tax as an economic lever has become more and more prominent in regulating the economy.Since the beginning of the accounting reform,the Ministry of Finance has promulgated the accounting standards for income tax and put forward the corresponding procedures and methods,which is a leap forward in the development process of domestic income tax accounting.The relationship between income tax and accounting,the nature of income tax,and the basic characteristics and the apportionment of income tax accounting are expounded in this paper.Payable tax with impact accounting regulations,deferred with debt regulations,and balance sheet debt with income statement debt regulations are compared given the existing problems in the accounting treatment of domestic income tax,and the choice of applicable treatment methods are discussed.Finally,the accounting treatment of important income tax such as consolidated accounting statements,construction enterprises,tax losses,and discount of income tax liabilities are analyzed,and the treatment methods and corresponding countermeasures are put forward to improve the domestic income tax accounting problems.展开更多
As the EU's carbon border tax approaches implementation and Generation Z increasingly prioritizes sustainability in their purchasing decisions,ESG has evolved from a moral concern to business survival challenges.B...As the EU's carbon border tax approaches implementation and Generation Z increasingly prioritizes sustainability in their purchasing decisions,ESG has evolved from a moral concern to business survival challenges.By analyzing the latest ESG reports released by prominent apparel brands in the China garment industry,including Bosideng,Anta,Youngor,Li-Ning,and Lilanz,we can see it’s not about a series of emission reduction data but a comprehensive innovation encompassing products,processes,and the entire value chain.展开更多
International carbon tax issues such as carbon leakage and carbon neutralization have become major topics of social concern.Based on the practical experience of carbon tax system in individual countries,this paper int...International carbon tax issues such as carbon leakage and carbon neutralization have become major topics of social concern.Based on the practical experience of carbon tax system in individual countries,this paper integrates the existing research of international carbon tax scholars to the classification and comparative analysis of international carbon tax schemes.Using a literature review approach,this dissertation mainly applies the method of qualitative analysis to explain and compare the contents of four international carbon tax options.Through the analysis and evaluation of individual countries’carbon tax practice,the two-country model is verified.Through the method of comparative analysis,the schemes are evaluated from four dimensions and an assessment is made.The difference of carbon tax among countries makes the internal policies of countries adjust accordingly with the changes of international environment,which promotes the gradual convergence of carbon tax schemes.The results intend to provide reference to further study the issue on international carbon tax.展开更多
This study aims to analyze the influence of leverage,firm size,firm value,and managerial ownership on tax aggressiveness in technology sector companies listed on the Indonesia Stock Exchange.Tax aggressiveness has bec...This study aims to analyze the influence of leverage,firm size,firm value,and managerial ownership on tax aggressiveness in technology sector companies listed on the Indonesia Stock Exchange.Tax aggressiveness has become a critical issue in corporate financial management practices,particularly in the context of optimizing tax burdens through strategies that remain within legal boundaries.The study adopts a quantitative approach using panel data regression methods.Data processing and analysis were conducted using EViews version 12.The research sample consists of 13 technology sector companies selected through purposive sampling,with an observation period spanning five years(2019-2023),resulting in a total of 65 observations.The analysis results indicate that leverage and firm value have a negative effect on tax aggressiveness.Conversely,managerial ownership is found to have a positive effect on tax aggressiveness.Meanwhile,firm size does not show a significant influence on tax aggressiveness.展开更多
China introduces a range of policies aimed at elevating the role of consumption as a growth driver.Foreign tourists landing in China now have one more reason to spend.With the roll-out of a new“refund-upon-purchase”...China introduces a range of policies aimed at elevating the role of consumption as a growth driver.Foreign tourists landing in China now have one more reason to spend.With the roll-out of a new“refund-upon-purchase”tax rebate scheme,shopping has never been more convenient for overseas visitors.展开更多
Almost 400 years ago,Americas early European colonists voted to tax each household in Boston about$70 in todays money.The money was used to buy a local farm.The plan was to use it as a common area for the public.That ...Almost 400 years ago,Americas early European colonists voted to tax each household in Boston about$70 in todays money.The money was used to buy a local farm.The plan was to use it as a common area for the public.That is how Boston Common,in the state of Massachusetts,became Americas first public park.展开更多
Under the dual drivers of global climate governance and carbon neutrality goals,agricultural carbon emission reduction has become a pivotal component of regional green transformation.This study focuses on Guangdong,a ...Under the dual drivers of global climate governance and carbon neutrality goals,agricultural carbon emission reduction has become a pivotal component of regional green transformation.This study focuses on Guangdong,a major province,employing the LMDI decomposition mode to systematically analyze the driving mechanis of agricultural carbon emissions.It reveals that the low ecological compensation standard,industrial path dependence,and high-carbon energy lock-in consti-tute core constraints.The research finds that the absence of ecological compensation standards and the structural imbalance of traditional subsidy policies induce diminishing marginal benefits in carbon reduction due to structural imbalances,while persistent funding shortages in low-carbon technology R&D further weaken emission reduction efficacy,exacerbating compatibility contradictions between emission policies and production practices.Through the comparison of domestic and foreign experiences,it is found that under the global wave of low-carbon transformation in agriculture,the ecological compensation optimization layer should establish a calculation system for the carbon sink value of cultivated land and differentiated compensation standards;the fiscal and taxation policy coordination layer should implement a tiered carbon tax on agricultural inputs and carbon sink pledge financing incentives.Constructing a fiscal expenditure and fiscal and taxation coordination mechanism that suits regional characteristics is the key path to resolving the contradiction between the technical economy and ecological sustainability of emission reduction.展开更多
This study analyzes whether the tax progression proviso’s calculation method for foreign income exemptions under a tax treaty breaches EU law.This research question has not yet been examined in the literature.In such...This study analyzes whether the tax progression proviso’s calculation method for foreign income exemptions under a tax treaty breaches EU law.This research question has not yet been examined in the literature.In such a case,a violation of the EU fundamental freedoms may result in taxpayers partially losing the tax-reducing effect of the basic allowance deduction due to the tax progression proviso’s calculation method in their EU or EEA state of residence.Theoretical,quantitative,and formal–analytical research methods were used to examine this issue.Moreover,the analysis uses Germany and Austria as examples.However,the findings can be replicated in all EU and EEA countries applying the same type of taxation.The study’s main contribution is demonstrating that the current progression proviso’s calculation method in Germany and Austria for income from other EU Member States and EEA states,exempt under DTAs,breaches EU law and is,therefore,prohibited.The fiscal policy implications of such unlawful taxation are highlighted.EU and EEA Member States must amend their tax laws if they violate EU law.Therefore,a new calculation method for taxation with a progression proviso is developed to bring the EU Member States’tax legislation in line with EU law.The study expands the literature on taxation and public finance,since it has not yet dealt with this issue.Moreover,the economic policy implications of the research findings are outlined.This study belongs to the field of taxation and fiscal policy and is of fundamental relevance.展开更多
On January 3:Hubei Xianhe New Materials Co.,Ltd.Phase I project was officially put into production,with a total investment of 10 billion CNY and a planned pulp and paper production capacity of 2.5 million tons per yea...On January 3:Hubei Xianhe New Materials Co.,Ltd.Phase I project was officially put into production,with a total investment of 10 billion CNY and a planned pulp and paper production capacity of 2.5 million tons per year.On January 10:The pulp and paper project of Huatai Group is accelerating construction.With a total investment of 10.2 billion CNY,after completion,Huatai's newsprint production capacity will be reduced from 1.4 million tons per year to 400000 tons per year,while cultural paper capacity will increase from 100000 tons per yeart to 1.6 million tons per year,achieving annual sales revenue of 19 billion CNY and profits and taxes of 3.2 billion CNY.展开更多
文摘It is a custom in China that when the Mid-Autumn Festival draws near, a company or organization will offer its staff moon cakes, as non-cash benefits. It has recently been reported that these noncash benefits, such as moon cakes, should be taxed according to their value, which has spurred heated debate.
文摘From July 1,people running businesses or offering services online in China are required to register their identities with trading platform operators. The real-name registration system for online businesses
文摘Boosting Tourism and Consumption.China plans to accelerate the availability of tax refund stores for eligible overseas visitors to about 10,000 shops nationwide this year,almost tripling the current number,as the country continues to boost inbound tourism and consumption,a senior official said.
文摘As global economic integration accelerates,countries are strengthening tax transparency and information exchange.Policies such as the OECD’s BEPS Action Plan,digital services taxes,and a global minimum effective tax rate have been introduced,posing increasingly severe compliance and risk challenges for multinational enterprises.Building on an analysis of the evolution and trends of international tax policy,this paper combines literature review with case study analysis to examine how multinational firms can,on a compliant basis,leverage legislative and policy tools,optimize organizational structures,and arrange transfer pricing to achieve effective tax planning.We then propose an internal control framework encompassing tax risk identification,early warning,and monitoring.Our findings indicate that by dynamically adjusting group structures,judiciously applying double non‐taxation treaties,and deploying digital monitoring systems,enterprises can significantly improve planning efficiency while reducing noncompliance costs.Finally,we offer recommendations for enhancing internal governance,strengthening cross‐border coordination,and responding to policy changes,providing both theoretical guidance and practical reference for the stable development of multinational enterprises.
文摘This study investigates the impact of carbon tax policies on carbon emission reductions in G20 countries to support the achievement of the Net Zero Emissions target by 2060.As the G20 collectively accounts for a significant share of global greenhouse gas emissions,effective policy interventions in these nations are pivotal to addressing the climate crisis.The research employs the Pearson correlation test to quantify the statistical relationship between carbon tax rates and emission levels,alongside a content analysis of sustainability reports from G20 countries to evaluate policy implementation and outcomes.The results reveal a moderate yet statistically significant negative correlation(r=-0.30,p<0.05),indicating that higher carbon taxes are associated with lower emission levels.Content analysis further demonstrates that countries with high and consistently enforced carbon taxes,such as Japan and South Korea,achieve more substantial emissions reductions compared to nations with lower tax rates or inconsistent policy implementation.The findings emphasize that while carbon taxes serve as an effective instrument to internalize the social costs of carbon pollution,their impact is maximized when integrated with broader strategies,including investments in renewable energy,advancements in energy efficiency,and technological innovation.This research contributes to the understanding of carbon tax effectiveness and offers policy recommendations to strengthen fiscal measures as part of comprehensive climate action strategies toward achieving global sustainability targets.
文摘“This trip to China has been an absolute steal,”exclaimed Keiko,a Japanese tourist purchasing cosmetics through Shanghai International Finance Center’s immediate tax refund service.Her experience mirrors a broader trend:Visitors from overseas are flocking to China’s retail scene,lured by its growing shopping convenience.On April 26,six government agencies,including the Ministry of Commerce,jointly issued the refined departure tax refund policy,slashing the minimum refund threshold from 500 yuan(US$69)to 200 yuan(US$28),doubling the cash refund limit from 10,000 yuan(US$1,376)to 20,000 yuan(US$2,752),and encouraging shopping districts,tourist attractions and hotels to increase the number of tax refund stores.
文摘This study aims to systematically review the various factors influencing corporate tax avoidance.Tax avoidance refers to legal strategies used to minimize tax liabilities and has become a critical issue in accounting and corporate governance.The study examines key determinants of tax avoidance,including firm characteristics(such as size,leverage,and multinational scale),managerial attributes,executive compensation,ownership structure,corporate social responsibility(CSR)performance,as well as the impact of regulations and legal reforms.The review findings highlight that the motivations behind tax avoidance are multifaceted,driven by the interaction of economic incentives,organizational ethics,external pressures,and public policies.Moreover,strict regulatory environments and strong CSR practices can mitigate tax avoidance behaviors,although their effectiveness is often contingent upon a firm’s cultural and political context.This study offers a comprehensive mapping of the current literature and recommends future research that integrates additional variables and broader time spans to enhance the understanding of tax avoidance behavior across different national contexts.
文摘With the rapid development of the Chinese market economy system,income tax as an economic lever has become more and more prominent in regulating the economy.Since the beginning of the accounting reform,the Ministry of Finance has promulgated the accounting standards for income tax and put forward the corresponding procedures and methods,which is a leap forward in the development process of domestic income tax accounting.The relationship between income tax and accounting,the nature of income tax,and the basic characteristics and the apportionment of income tax accounting are expounded in this paper.Payable tax with impact accounting regulations,deferred with debt regulations,and balance sheet debt with income statement debt regulations are compared given the existing problems in the accounting treatment of domestic income tax,and the choice of applicable treatment methods are discussed.Finally,the accounting treatment of important income tax such as consolidated accounting statements,construction enterprises,tax losses,and discount of income tax liabilities are analyzed,and the treatment methods and corresponding countermeasures are put forward to improve the domestic income tax accounting problems.
文摘As the EU's carbon border tax approaches implementation and Generation Z increasingly prioritizes sustainability in their purchasing decisions,ESG has evolved from a moral concern to business survival challenges.By analyzing the latest ESG reports released by prominent apparel brands in the China garment industry,including Bosideng,Anta,Youngor,Li-Ning,and Lilanz,we can see it’s not about a series of emission reduction data but a comprehensive innovation encompassing products,processes,and the entire value chain.
文摘International carbon tax issues such as carbon leakage and carbon neutralization have become major topics of social concern.Based on the practical experience of carbon tax system in individual countries,this paper integrates the existing research of international carbon tax scholars to the classification and comparative analysis of international carbon tax schemes.Using a literature review approach,this dissertation mainly applies the method of qualitative analysis to explain and compare the contents of four international carbon tax options.Through the analysis and evaluation of individual countries’carbon tax practice,the two-country model is verified.Through the method of comparative analysis,the schemes are evaluated from four dimensions and an assessment is made.The difference of carbon tax among countries makes the internal policies of countries adjust accordingly with the changes of international environment,which promotes the gradual convergence of carbon tax schemes.The results intend to provide reference to further study the issue on international carbon tax.
文摘This study aims to analyze the influence of leverage,firm size,firm value,and managerial ownership on tax aggressiveness in technology sector companies listed on the Indonesia Stock Exchange.Tax aggressiveness has become a critical issue in corporate financial management practices,particularly in the context of optimizing tax burdens through strategies that remain within legal boundaries.The study adopts a quantitative approach using panel data regression methods.Data processing and analysis were conducted using EViews version 12.The research sample consists of 13 technology sector companies selected through purposive sampling,with an observation period spanning five years(2019-2023),resulting in a total of 65 observations.The analysis results indicate that leverage and firm value have a negative effect on tax aggressiveness.Conversely,managerial ownership is found to have a positive effect on tax aggressiveness.Meanwhile,firm size does not show a significant influence on tax aggressiveness.
文摘China introduces a range of policies aimed at elevating the role of consumption as a growth driver.Foreign tourists landing in China now have one more reason to spend.With the roll-out of a new“refund-upon-purchase”tax rebate scheme,shopping has never been more convenient for overseas visitors.
文摘Almost 400 years ago,Americas early European colonists voted to tax each household in Boston about$70 in todays money.The money was used to buy a local farm.The plan was to use it as a common area for the public.That is how Boston Common,in the state of Massachusetts,became Americas first public park.
基金Financial support from Guangdong Science and Technology(20230505)Guangdong Provincial Philosophy and Social Science Planning Project(GD20SQ25)Guangdong Provincial Special Fund for Science and Technology Innovation Strategy in 2024(Cultivation of College Students’Science and Technology Innovation)(pdjh2024a391)during preparation of this manuscript.
文摘Under the dual drivers of global climate governance and carbon neutrality goals,agricultural carbon emission reduction has become a pivotal component of regional green transformation.This study focuses on Guangdong,a major province,employing the LMDI decomposition mode to systematically analyze the driving mechanis of agricultural carbon emissions.It reveals that the low ecological compensation standard,industrial path dependence,and high-carbon energy lock-in consti-tute core constraints.The research finds that the absence of ecological compensation standards and the structural imbalance of traditional subsidy policies induce diminishing marginal benefits in carbon reduction due to structural imbalances,while persistent funding shortages in low-carbon technology R&D further weaken emission reduction efficacy,exacerbating compatibility contradictions between emission policies and production practices.Through the comparison of domestic and foreign experiences,it is found that under the global wave of low-carbon transformation in agriculture,the ecological compensation optimization layer should establish a calculation system for the carbon sink value of cultivated land and differentiated compensation standards;the fiscal and taxation policy coordination layer should implement a tiered carbon tax on agricultural inputs and carbon sink pledge financing incentives.Constructing a fiscal expenditure and fiscal and taxation coordination mechanism that suits regional characteristics is the key path to resolving the contradiction between the technical economy and ecological sustainability of emission reduction.
文摘This study analyzes whether the tax progression proviso’s calculation method for foreign income exemptions under a tax treaty breaches EU law.This research question has not yet been examined in the literature.In such a case,a violation of the EU fundamental freedoms may result in taxpayers partially losing the tax-reducing effect of the basic allowance deduction due to the tax progression proviso’s calculation method in their EU or EEA state of residence.Theoretical,quantitative,and formal–analytical research methods were used to examine this issue.Moreover,the analysis uses Germany and Austria as examples.However,the findings can be replicated in all EU and EEA countries applying the same type of taxation.The study’s main contribution is demonstrating that the current progression proviso’s calculation method in Germany and Austria for income from other EU Member States and EEA states,exempt under DTAs,breaches EU law and is,therefore,prohibited.The fiscal policy implications of such unlawful taxation are highlighted.EU and EEA Member States must amend their tax laws if they violate EU law.Therefore,a new calculation method for taxation with a progression proviso is developed to bring the EU Member States’tax legislation in line with EU law.The study expands the literature on taxation and public finance,since it has not yet dealt with this issue.Moreover,the economic policy implications of the research findings are outlined.This study belongs to the field of taxation and fiscal policy and is of fundamental relevance.
文摘On January 3:Hubei Xianhe New Materials Co.,Ltd.Phase I project was officially put into production,with a total investment of 10 billion CNY and a planned pulp and paper production capacity of 2.5 million tons per year.On January 10:The pulp and paper project of Huatai Group is accelerating construction.With a total investment of 10.2 billion CNY,after completion,Huatai's newsprint production capacity will be reduced from 1.4 million tons per year to 400000 tons per year,while cultural paper capacity will increase from 100000 tons per yeart to 1.6 million tons per year,achieving annual sales revenue of 19 billion CNY and profits and taxes of 3.2 billion CNY.
