Bloomberg Tax highlights key takeaways from the Inflation Reduction Act Tax Incentives Panel Discussion that occurred at the 2023 UNC Tax Summit moderated by Gary Hecimovich. Ellen Balfrey, Richard Blumenreich, Scott Dyreng, James Holmes participated as panelists representing perspectives from industry, academia, and government.
Read More
Jeff Hoopes has received the 2023 Bullard Faculty Research Impact Award which recognizes a professor whose research has had a significant impact on the practice of business. This award was created through the generosity of Clifford E. “Clif” Bullard Jr. (BSBA ’76), CEO of the Bullard Restaurant Group, and his wife Rachelle Bullard. Their goal was to inspire and provide incentives for faculty members to consider the impact on the business world as they choose research topics and communicate their results.
Read More
Jeff Hoopes, UNC Tax Center research director, was quoted in a Politico article and a letter from the U.S. Chamber of Commerce to the Chair of the Financial Accounting Standards Board supporting more overseas tax disclosure for global businesses.
Read More
UNC Tax Center Research Director was quoted in a USA Today fact check article on Donald Trump's presidential salary donations.
Read More
Ed Maydew recently presented his working research paper at the 2022 Journal of Accounting and Economics Conference held at UNC on October 13-15, 2022.
Read More
Courtney Knoll, Ph.D., CPA, Executive Director, UNC Tax Center and Associate Dean of the UNC Master of Accounting Program; Kelli Knoble, CPA, UNC Tax Center Leadership Council member; and Scott Showalter, CPA spoke at a meeting of the House Select Committee on Advancing Women in STEM.
Read More
Research by the UNC Tax Center shows just six publicly traded U.S. companies, including Amazon and Warren Buffett’s Berkshire Hathaway Inc., would have paid half the estimated $32 billion in revenue generated by a 15% corporate minimum tax signed into law last month.
Read More
Following in the tradition of many UNC tax scholars before him including Jennifer Blouin, Michelle Hanlon, Scott Dyreng and UNC Tax Center Founder Doug Shackelford, Jeff Hoopes will visit the Oxford Centre for Business Taxation (CBT) as an academic visitor for three weeks this summer.
Read More
UNC Tax Center Senior Executive Director Ed Maydew recently spoke on tax fundamentals as part of the UNC Entrepreneurship Center's Black Technology Ecosystems Investors Certificate Program.
Read More
We welcomed 19 new and renewing tax industry leaders to the UNC Tax Center’s Leadership Council. This important group of alumni advisors and supporters convened in Chapel Hill for our first in person gathering since 2019.
Read More
Ed Maydew, Senior Executive Director of the Tax Center spoke at the UNC Ph.D. Project Conference on November 18th. It is a three-day networking conference, connecting doctoral students, business school representatives, professors and sponsor organizations.
Read More
UNC Tax Center Research Director Jeff Hoopes and MIT Sloan School of Management Accounting Professor Michelle Hanlon, along with more than 200 accounting and tax experts, penned a letter to Congress asking lawmakers to change a proposed minimum corporate tax that would be tied to a company’s book income reported to investors. The proposal, the experts wrote in the letter, risks politicizing accounting rules and complicating tax calculations.
Read More
A survey of 39 accounting academics conducted by UNC Tax Center Research Director Jeff Hoopes was featured in the Oct. 28 New York Times DealBook Newsletter. In the survey, Hoopes asked respondents if they would support Senator Elizabeth Warren's Real Corporate Profits Tax.
Read More
The Biden administration has proposed several multi-trillion dollar initiatives to invest more federal dollars in infrastructure, education, healthcare and more. However, these big-ticket items come at a significant cost, which President Biden hopes to cover through tax reforms. As dizzying negotiations and politicking continue in Washington, Kenan Institute Senior Fellow Mary Moore Hamrick and UNC Tax Center Research Director Jeff Hoopes unpack the proposed tax changes and their potential impacts on businesses and households in this week’s Kenan Insight.
Read More
Are you ready to read some good news? Did you know that some companies generously share their profits with the government out of the goodness of their corporate hearts? Andrew Belnap, a recent UNC Kenan-Flagler Ph.D. graduate, and Jeff Hoopes, research director of the UNC Tax Center, provided commentary on very high corporate tax rates in a recent Fortune feature.
Read More
During the seven years John Gallemore taught at the University of Chicago, he worked with some Nobel Prize winners and guessed which colleagues were most likely to win the prize down the road. But his love for his home state prompted him to accept an offer to return to UNC Chapel Hill this fall as an associate professor of accounting.
Read More
Courtney Knoll, the UNC Tax Center's Executive Director, was recently featured by UNC-Chapel Hill's The Well for her passion in bringing tax education to students.
Read More
UNC Tax Center Research Director Jeff Hoopes spoke to the News & Observer's Ned Barnett about the budget surplus and how potential tax cuts could impact the state's economy.
Read More
Research Director Jeff Hoopes weighed in on the bi-partisan infrastructure bill and big corporations' plans to benefit.
Read More
Jeff Hoopes, UNC Tax Center Research Director and Kenan-Flagler Business School Professor, offered insights on the idea of a wealth tax in a recent Forbes Advisor piece.
Read More
At the July 12-13, 2021 virtual European Institute for Advanced Studies in Management Conference, UNC Tax Center Research Director Jeff Hoopes will present the keynote address.
Read More
UNC Tax Center Research Director Jeff Hoopes spoke to WCNC's Meghan Bragg about North Carolina's corporate tax rate, which is the lowest in the country.
Read More
UNC Tax Center Research Director Jeff Hoopes testified at Sen. Elizabeth Warren’s finance subcommittee hearing on Tuesday, April 27. Hoopes called Warren’s proposal for a 7% tax on book income a "Band-aid solution that creates more problems than it solves."
Read More
The fifth annual Donald C. Lubick Symposium was held on Wednesday April 7. Chief Judge of the United States Tax Court, Maurice Foley, spoke on the challenges of implementing our country’s complicated tax code. He was followed by a panel of experts, including our Research Director Jeff Hoopes, who discussed improving businesses’ tax compliance, how large companies respond to changes in compliance and how IRS budget cuts have impacted corporate tax collections. Opening remarks and keynote discussions included Tracy Gordon, Interim Vice President of the Urban-Brookings Tax Policy Center, and Eric Toder, Institute Fellow or the Urban-Brookings Tax Policy Center. The discussion panel included Jeff Hoopes, Sharon Katz-Pearlman of KPMG, Douglas O’Donnell of the IRS, Erin Towery of the University of Georgia, and Janel Holtzblatt of the Urban-Brookings Tax Policy Center.
Read More
UNC Tax Center Academic Fellows' research is discussed during recent Senate Finance Committee hearings.
Read More
Consumer boycotts are not a new concept. We have seen them in response to several social issues in the past few years. Boycotts in response to corporate tax planning are fairly novel. A noteworthy boycott of Starbucks in the U.K. in 2013 was first of its kind. Our Research Director, Jeff Hoopes, along with H. Scott Asay of the University of Iowa, Jacob R. Thornock of BYU, and Jaron H. Wilde of the University of Iowa look into this specific type of boycott. Their analysis focus on the frequency and impact of boycotts due to corporate tax planning. The researchers conducted a survey of U.S. consumers and found none of them had participated in a boycott because of a business’ tax practices. When looking at changes in consumer purchase behavior, little evidence of actual changes was found in response to tax news. In conclusion, the authors found that tax boycotts to be an ineffective response to corporate tax planning.
Read More
Two weeks ago, the U.S. Senate Committee of Finance heard arguments for major tax policy changes. One of the main topics of discussion was whether to include financial accounting income in the tax base. Our Research Director, Jeff Hoopes, with Fabio B. Gaertner of the University of Wisconsin-Madison submitted a statement to the committee advocating against this change.
Read More