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Taxes and Corporate Giving to Charity

Author

Listed:
  • Robert Carroll

    (Office of Tax Analysis, U.S. Department of the Treasury)

  • David Joulfaian

    (Office of Tax Analysis, U.S. Department of the Treasury; and George Washington University)

Abstract

An extensive body of the literature has examined the determinants of individual giving to charity. Indeed, the role of the personal income tax continues to attract considerable attention. In contrast, very few have explored the effects of taxes on corporate giving. This article represents an attempt to fill this void. It employs a large sample of corporate tax returns and finds that taxes are an important consideration in corporate giving.

Suggested Citation

  • Robert Carroll & David Joulfaian, 2005. "Taxes and Corporate Giving to Charity," Public Finance Review, , vol. 33(3), pages 300-317, May.
    • Handle: RePEc:sae:pubfin:v:33:y:2005:i:3:p:300-317
    DOI: 10.1177/1091142105274541
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Huseynov, Fariz & Klamm, Bonnie K., 2012. "Tax avoidance, tax management and corporate social responsibility," Journal of Corporate Finance, Elsevier, vol. 18(4), pages 804-827.
    2. Baker, Paul L. & Dawson, Chris, 2020. "The corporation tax elasticity of charitable donations," Journal of Economic Behavior & Organization, Elsevier, vol. 178(C), pages 1-14.
    3. Burcin Col & Saurin Patel, 2019. "Going to Haven? Corporate Social Responsibility and Tax Avoidance," Journal of Business Ethics, Springer, vol. 154(4), pages 1033-1050, February.
    4. Yuan Yang & Min Tang, 2020. "Finding the Ethics of “Red Capitalists”: Political Connection and Philanthropy of Chinese Private Entrepreneurs," Journal of Business Ethics, Springer, vol. 161(1), pages 133-147, January.
    5. Arthur Gautier & Anne-Claire Pache, 2015. "Research on Corporate Philanthropy: A Review and Assessment," Journal of Business Ethics, Springer, vol. 126(3), pages 343-369, February.
    6. Van, Huong Vu & Ly, Kim Cuong, 2021. "Does rising corporate social responsibility promote firm tax payments? New perspectives from a quantile approach," International Review of Financial Analysis, Elsevier, vol. 77(C).
    7. Uzma Bashir, 2017. "Determinants of Corporate Philanthropy: A Case of Karachi Stock Exchange," International Econometric Review (IER), Econometric Research Association, vol. 9(1), pages 19-36, April.
    8. M.A. Gulzar & Jacob Cherian & Muhammad Safdar Sial & Alina Badulescu & Phung Anh Thu & Daniel Badulescu & Nguyen Vinh Khuong, 2018. "Does Corporate Social Responsibility Influence Corporate Tax Avoidance of Chinese Listed Companies?," Sustainability, MDPI, vol. 10(12), pages 1-12, December.
    9. Uzma Bashir, 2017. "Determinants of Corporate Philanthropy: A Case of Karachi Stock Exchange," International Econometric Review (IER), Econometric Research Association, vol. 9(1), pages 21-38, April.
    10. Asatryan, Zareh & Joulfaian, David, 2022. "Taxes and Business Philanthropy in Armenia," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 914-930.
    11. Won-Yong Oh & Young Kyun Chang & Gyeonghwan Lee & Jeongil Seo, 2018. "Intragroup Transactions, Corporate Governance, and Corporate Philanthropy in Korean Business Groups," Journal of Business Ethics, Springer, vol. 153(4), pages 1031-1049, December.
    12. Anna P. Kireenko & Sofia A. Golovan, 2016. "Feasibility of introduction the charitable tax deduction in Russian Federation," Journal of Tax Reform, Graduate School of Economics and Management, Ural Federal University, vol. 2(2), pages 111-125.
    13. Andrea Vacca & Antonio Iazzi & Demetris Vrontis & Monica Fait, 2020. "The Role of Gender Diversity on Tax Aggressiveness and Corporate Social Responsibility: Evidence from Italian Listed Companies," Sustainability, MDPI, vol. 12(5), pages 1-14, March.
    14. Lei Xu & Xiaoning Guo & Yan Liu & Xiaochen Sun & Jie Ji, 2022. "How Does Corporate Charitable Giving Affect Enterprise Innovation? A Literature Review and Research Directions," Sustainability, MDPI, vol. 14(23), pages 1-21, November.
    15. Nadia Elouaer & Rida Waheed & Suleman Sarwar & Ghazala Aziz, 2022. "Does Gender Diversity and Experience Moderate the Impact of Tax Aggressiveness on Corporate Social Responsibility: A Study of UAE Listed Companies," Sustainability, MDPI, vol. 14(21), pages 1-13, November.
    16. Bingxuan Lin & Jianhua Liu & Rui Lu & Liang Sun, 2023. "The Benefit of Frequent Corporate Philanthropy," Abacus, Accounting Foundation, University of Sydney, vol. 59(1), pages 411-436, March.

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