January 06, 2020

UNC Tax Center hosts 12th annual Doctoral Consortium

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Recent News & Media

COVID-19 Saps US Trade Threat On Digital Taxes: OECD Official

June 04, 2020

Pascal Saint-Amans, director of OECD's Center for Tax Policy and Administration, asserts that the U.S.'s potential retaliatory tariffs on countries that impose digital service taxes on American companies have lost some effectiveness due to COVID-19. With foreign trade diminished due to the pandemic, countries are exporting less goods. This means tariffs will be a less potent tool for the U.S. More

Coming Up

Doctoral Consortium

Monday January 4, 2021

The seminar exposes students of all backgrounds to current tax research and is designed for students from doctoral programs without a PhD tax seminar. Students learn the fundamentals of tax research, and some might wind up adding tax to their set of research interests. More

 

TCJA Effects Tracker

The Tax Cuts and Jobs Act: Which Firms Won? Which Lost?

June 26, 2020

The Tax Cut and Jobs Act (TCJA) slashed corporations’ median effective tax rates from 31.7% to 20.8%. Nevertheless, 15% of firms experienced an increase. One fifth of firms recorded nonrecurring tax costs or benefits exceeding 3% of total assets. Proxies that existing studies employ to assess the TCJA’s impacts account for just half of actual impacts. Stock prices impounded those proxies during the legislative process. Total impacts were impounded the following year, once firms published their financials. These results indicate that investors find it hard to predict even large and immediate changes to company cash flows due to unfamiliar events. More