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Even if the controversial foreign source issue is resolved — the largest corporate preference is the ability of U.S.-based multinationals to defer taxes on income abroad — with some acceptable global minimum tax, powerful sectors like agriculture, mining and real estate could face higher taxes.
Since that 2011 violation, the China's Water Ten Plan has been put into effect with stiffer penalties that make violation prohibitive, eliminating the corporate preference for just paying the fine as a cost of doing business and continuing without conscience to foul the water resources people and wildlife need to survive.
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It is crucial to understand corporate preferences in designing and planning new market-based instruments.
Understanding corporate preferences for domestic policy instruments is crucial to designing and planning the sectoral market mechanism in China.
This paper discusses policy implications in designing domestic policy instruments based on the determinants that impact corporate preferences.
Using the method of conjoint analysis, this paper evaluates corporate preferences for policy alternatives of the sectoral crediting mechanism aiming at supporting its discussions and development.
Based on a detailed overview of nine domestic policy instruments under the sectoral market mechanism, this paper evaluates corporate preferences and identifies their relationship with potential determinants through an ordinal logistics model.
Their elite myopia causes a bias toward corporate preferences in international relations.
And these corporate preferences are for a symbiosis of peace, trade and profit.
While the underlying policy goal of the alcohol industry was to foster corporate preferences, calling for tax reductions publicly as such was not ideal.
Otherwise, many corporate tax preferences would remain intact.
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