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on Accounting and Auditing |
| By: | Qi Shao (School of Public Finance and Taxation, Central University of Finance and Economics, Beijing, China; Economic Growth Centre, School of Social Sciences, Nanyang Technological University, Singapore); Danhua Deng (Fudan University); Zhuo Qiao (School of Public Finance and Taxation, Central University of Finance and Economics, Beijing, China); Xinyang Li (School of Economics and Management, Tsinghua University, Beijing, China); Tianyu Bai (School of Business, Sun Yat-sen University, Guangzhou, China) |
| Abstract: | This study uses the implementation of the Golden Tax Project Phase III (CTAIS-3) in China as a quasi-natural experiment to explore the impact of big data tax enforcement on the corporate tax digital transformation. By constructing the corporate tax digital transformation index, the findings reveal that CTAIS-3 significantly promotes corporate tax digital transformation through compliance and cost effects. |
| Keywords: | Big Data Tax Enforcement; Corporate Tax Digital Transformation; Compliance Effect; Cost Effect |
| JEL: | H25 M15 O33 |
| Date: | 2025–07 |
| URL: | https://d.repec.org/n?u=RePEc:nan:wpaper:2507 |
| By: | Nadine Riedel; Franziska Sicking; Ida Zinke |
| Abstract: | We study the impact of tax preparers on corporate tax optimization in South Africa. The analysis draws on the population of corporate income tax returns linked to data on tax preparer use. Consistent with tax code complexity and frictions in the take-up of tax advantages, we document that firms' reported taxable income and tax payments decline significantly when they start utilizing tax preparer services. |
| Keywords: | Taxation, Business tax, Tax compliance, South Africa |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:unu:wpaper:wp-2025-64 |
| By: | Chiara Mio (Venice School of Management, Università Ca' Foscari Venice); Nicolas Canestraro (Venice School of Management, Università Ca' Foscari Venice); Antonio Costantini (Venice School of Management, Università Ca' Foscari Venice) |
| Abstract: | This article reviews the academic literature on corporate risk disclosure, focusing on nonfinancial risks in the European regulatory context, particularly considering the Non-Financial Reporting Directive (NFRD) and Corporate Sustainability Reporting Directive (CSRD). Through a systematic review of 140 scientific papers, this study pinpoints key drivers and trends in corporate risk disclosure, such as regulatory compliance, stakeholder pressure, and emerging technologies. Our literature review suggests that while the NFRD has engendered an improvement in the quality and quantity of non- financial risk reporting, firms still tend to focus on past and present risks, with limited forward-looking or negative risk information. Furthermore, this article underscores gaps in current literature, such as the lack of focus on developing countries, financial-sector companies, and the infrequent use of qualitative research methodologies. The paper concludes by recommending a multitheoretical framework and further investigation into the usefulness of non-financial risk disclosures for investors and other stakeholders. |
| Keywords: | risk disclosure, risk reporting, non-financial risks, Non-Financial Reporting Directive, Corporate Sustainability Reporting Directive |
| JEL: | M49 |
| Date: | 2024–10 |
| URL: | https://d.repec.org/n?u=RePEc:vnm:wpdman:216 |
| By: | Miftakul Khoiri (Faculty of Economics and Business, Universitas Trisakti, Kampus A, Jl. Kyai Tapa No.1 Grogol, 11440, Jakarta, Indonesia Author-2-Name: Nirdukita Ratnawati Author-2-Workplace-Name: Faculty of Economics and Business, Universitas Trisakti, Kampus A, Jl. Kyai Tapa No.1 Grogol, 11440, Jakarta, Indonesia Author-3-Name: Khomsiyah Author-3-Workplace-Name: Faculty of Economics and Business, Universitas Trisakti, Kampus A, Jl. Kyai Tapa No.1 Grogol, 11440, Jakarta, Indonesia Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: | " Objective - In Islamic economic theory, Zakat is pivotal as a religious duty and a tool for fostering wealth distribution and reducing poverty. Incorporating Zakat into tax frameworks may substantially impact either the zakat intention or taxpayer compliance. Methodology/Technique - This study examines the integration of Zakat within tax systems as a mechanism for poverty alleviation (SDG 1) and institutional strengthening (SDG 16) through a dual-method analysis combining a Systematic Literature Review (SLR) and Bibliometrics. Analyzing 150 Scopus-indexed articles (2015–2025) screened via PRISMA to 22 key studies, we employ Bibliometrix (biblioshiny) and VOSviewer to map: (1) co-authorship networks, (2) keyword co-occurrence trends, and (3) topics' impacts. Findings - Reveal three critical insights. First, professional Zakat-tax integration has significant potential for reducing the tax burden, especially in Muslim-majority countries, while enhancing compliance through religious-economic synergy, as well as for achieving SDGs 1 and 16. Second, research focus has shifted from conceptual debates to empirical evaluations of digital zakat systems. Third, policy fragmentation persists, with a few studied countries achieving complete zakat-tax harmonization. Novelty - The study contributes a novel compliance-efficiency framework for policymakers, demonstrating how zakat deductions can simultaneously advance SDGs targets when coupled with institutional reforms. This study pioneers the examination of how Zakat-tax integration dually influences Zakat intention and tax compliance. Type of Paper - Review" |
| Keywords: | Professional zakat; tax deduction; SDGs; modern tax system; SLR; PRISMA; bibliometric |
| JEL: | H20 M48 |
| Date: | 2025–09–30 |
| URL: | https://d.repec.org/n?u=RePEc:gtr:gatrjs:afr240 |
| By: | Marisa Agostini (Venice School of Management, Università Ca' Foscari Venice); Daria Arkhipova (Venice School of Management, Università Ca' Foscari Venice); Marco Fasan (Venice School of Management, Università Ca' Foscari Venice); Silvia Panfilo (Venice School of Management, Università Ca' Foscari Venice) |
| Abstract: | This study examines the key drivers of ESG risk disclosure, focusing on stakeholders, shareholders, and management. While legitimacy theory suggests firms under scrutiny should disclose more ESG information to secure stakeholder support, findings show these firms often provide lower-quality disclosures, potentially reducing accountability. This indicates that companies may perceive ESG risk reporting as a threat rather than an opportunity. Shareholders, analyzed through agency theory, are expected to push for better ESG disclosures if aligned with financial interests or personal values. However, no significant relationship was found between board characteristics and ESG disclosures, suggesting limited shareholder influence. Management incentives play a notable role, as firms with sustainability-linked executive compensation disclose higher-volume ESG risk information, supporting evidence that such incentives enhance ESG performance. |
| Keywords: | Risks, Environmental Social Governance (ESG), Content analysis, Disclosure quality, Non-Financial Reporting Directive (NFRD), legitimacy theory, agency theory |
| JEL: | M41 |
| Date: | 2025–05 |
| URL: | https://d.repec.org/n?u=RePEc:vnm:wpdman:223 |
| By: | Dulgeridis, Marcel; Schubart, Constantin; Berndt, Felix |
| Abstract: | This paper examines how artificial intelligence (AI) can drive the automation of accounting and regulatory reporting in banks. The objective is to provide practical guidance for the compliant and effective adoption of AI in a highly regulated environment, while assessing related opportunities and risks. Documented banking case studies are analysed to derive a technology-levels model and transferable best practices. In addition, a SWOT analysis identifies the key strengths, weaknesses, opportunities, and threats influencing AI integration. Combining both approaches, the study develops practical recommendations, highlighting that AI is particularly effective in standardised, data-driven processes such as regulatory reporting. At the same time, organisational readiness and regulatory compliance prove to be decisive success factors. Building on these insights, a ten-step roadmap is proposed as a hands-on guidance tool for banks. The findings contribute to the strategic evolution of regulatory reporting and illustrate how even highly regulated institutions can prepare for and benefit from AI-driven transformation. |
| Keywords: | Artificial Intelligence, Accounting and Regulatory Reporting, Banks, Automation, Regulations, Practical Advice |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:iubhbm:328001 |
| By: | Jesse LaBelle; Fernando M. Martin; Ana Maria Santacreu |
| Abstract: | We study how international tax regimes and intellectual property (IP) rights shape the global allocation of intangible assets. Using a new dataset of cross-border patent transactions, we find that tax differentials are a key determinant of intra-firm transfers within multinational companies. Stronger IP rights play a bigger role in inter-firm transactions. To interpret these patterns, we develop a model in which firms choose to license, sell, or profit-shift patents depending on tax wedges and differences in IP protection. The theory rationalizes these findings and highlights how differences in global taxation and IP rights jointly determine the movement of intangible assets across borders. |
| Keywords: | intangibles; cross-border patent sales; licensing; profit shifting; taxation; intellectual property rights |
| JEL: | F12 O33 O41 O47 |
| Date: | 2025–09–29 |
| URL: | https://d.repec.org/n?u=RePEc:fip:fedlwp:101822 |
| By: | Yusuke Makino (Graduate School of Economics, The University of Tokyo); Hikaru Ogawa (Faculty of Economics, The University of Tokyo) |
| Abstract: | This paper studies the anticipated effects of a Global Minimum Tax (GMT). Although the GMT is widely expected to curb tax competition by raising effective tax rates in low-tax jurisdictions, we show that by weakening direct competition in the short-run, it can induce entry by countries that previously could not participate in the long-run. This entry expands the set of competing jurisdictions and, on this extensive margin of participation, can place additional downward pressure on tax rates. Consequently, the introduction of the GMT need not restrain excessive tax reductions. |
| Date: | 2025–10 |
| URL: | https://d.repec.org/n?u=RePEc:tky:fseres:2025cf1259 |
| By: | Mr. Alexander D Klemm |
| Abstract: | This note describes how most features of an income tax system (and to some extent social security and welfare) can be described as a combination of lumpsums and marginal tax rates and plotted in a summary chart. While this is by no means a new method, applying it consistently can help tremendously in understanding the impact of tax reforms on tax systems, including by identifying any unintentional humps or notches in tax schedules. This note uses this approach to discuss, for example, universal basic incomes, the issue of whether tax allowances should be phased out, and the difference between tax credits and allowances. It also points to the limitations of the approach, such as conditions that cannot be summarized in such tax schedules. |
| Keywords: | Income Tax; Marginal Tax Rate; Average Tax Rate |
| Date: | 2025–09–26 |
| URL: | https://d.repec.org/n?u=RePEc:imf:imfhtn:2025/007 |
| By: | Martin, Melissa; Timmermans, Oscar |
| Abstract: | Relative performance evaluation has become an increasingly common component of executive compensation contracts. We study how these incentive plans relate to corporate disclosure and predict that they introduce an incremental disclosure cost. This cost arises because disclosures can help competitors make better investment decisions, enhancing their performance and thereby reducing managers’ expected compensation. Consistent with this prediction, we find a negative association between relative performance plans and voluntary, value-relevant management forecasts, alongside a positive association with redactions in mandatory filings. This pattern is specific to plans with accounting-based metrics and absent for plans with price-based metrics. The results for price-based metrics are consistent with the idea that the incentive to reduce information asymmetry with market participants outweighs disclosure costs in these plans. The results for accounting-based metrics are more pronounced for managers whose plans provide stronger incentives and for those whose forecasts provide meaningful information spillovers to peers. Overall, this paper contributes the idea that relative performance plans can impose disclosure costs, thereby shedding light on contracting mechanisms that discourage disclosure—a less well-understood aspect of disclosure research. |
| Keywords: | information disclosure; capital markets; relative performance evaluation; proprietary costs |
| JEL: | D82 J33 L10 M12 |
| Date: | 2025–09–24 |
| URL: | https://d.repec.org/n?u=RePEc:ehl:lserod:127506 |