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Journal article
Partisan politics and the impact on corporate tax fees
Electronic government, an International Journal, Vol.20(6), pp.661-679
10/02/2024
Web of Science ID: WOS:001327172500003
Abstract
This study evaluates tax service fees from 2003 to 2020, considering the impact of partisan politics on the level of fees paid. We review the major tax provisions as they impact the level of corporate taxation and the potential cost of tax minimisation strategies. The results find that the lowest average yearly tax fees occurred (2017-2020) after Republican President Trump enacted a major reduction in corporate tax rates to 21% from 2017 to the present. During Republican President Bush's last six years (2003-2008), the average yearly tax fees were higher than during Democratic President Obama's eight-year term (2009-2016). The results suggest that while the political party and the partisan nature of tax policy would seem to impact the costs for tax services, the largest impact comes from actions taken by specific presidents in tax policy.
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Details
- Title
- Partisan politics and the impact on corporate tax fees
- Publication Details
- Electronic government, an International Journal, Vol.20(6), pp.661-679
- Resource Type
- Journal article
- Publisher
- InderScience
- Copyright
- © 2024 Inderscience Enterprises Ltd.
- Identifiers
- WOS:001327172500003; 99380579463506600
- Academic Unit
- Accounting and Finance; Division of Academic Affairs; Lewis Bear Jr. College of Business; Continuing Education
- Language
- English