Preetika Joshi

Proposed tax cuts will benefit working people, but also high income earners

arsh.prakash@mcgill.ca — Tue, 01 Apr 2025 17:43:46 +0000

The federal election campaign is well underway, and the leaders of the Liberal and Conservative parties are both proposing tax cuts for the lowest income tax bracket. Income up to $57,375 is currently taxed at a rate of 15%, and Conservative leader Pierre Poilievre has proposed a 2.25% reduction to this rate. For his part, Liberal leader Mark Carney is proposing a 1% reduction. In either case, the tax savings do not just benefit the lowest income earners. Anyone who earns more the personal deduction amount -- $15,705 in 2024-- would save money on their taxes.

How U.S.-Canada tariffs could hit New York’s economy

arsh.prakash@mcgill.ca — Fri, 21 Mar 2025 19:08:13 +0000

As U.S.-Canada tariff disputes escalate, New York’s economy faces serious risks, with over $42 billion in trade at stake. ��ϲ�� University professors Preetika Joshi and Vivek Astvansh warn that rising costs on goods like aluminum, barley, and auto parts could lead to inflation, job losses, and disruptions across key industries.

The Government of Quebec’s ability to support those affected by tariffs is limited by its financial position

arsh.prakash@mcgill.ca — Wed, 12 Mar 2025 16:28:58 +0000

The Government of Quebec is promising to help businesses affected by US tariffs, but how much can it really do? Quebec does have funds set aside for emergencies like this one, according to Preetika Joshi, an assistant professor of accounting at ��ϲ�� Desautels. But Quebec’s deficit spending limits what it can do in response. It will need to be more surgical, Joshi told CBC News.

Does Private Country-by-Country Reporting Deter Tax Avoidance and Income Shifting? Evidence from BEPS Action Item 13

julie.lapalme@affiliate.mcgill.ca — Tue, 15 Jun 2021 13:17:27 +0000

Author: Preetika Joshi

Publication: Journal of Accounting Research, Volume 58, Issue 2, May 2020, Pages 333-381.

Abstract:

Delve podcast: New Normal: Can Global Financial Transparency Deter Corporate Tax Avoidance? with Preetika Joshi

angela.l.williams@mcgill.ca — Thu, 23 Jun 2022 19:18:59 +0000

While tax policies are complicated and often seem unfair, new global solutions can both simplify how corporations pay their taxes and make payment more equitable for countries owed their share of tax revenue.

‘Shareholder capitalism’ sparks controversy

angela.l.williams@mcgill.ca — Thu, 10 Dec 2020 19:57:13 +0000

The news that more than 60 publicly held Canadian firms have received the Canadian Emergency Wage Subsidy (CEWS) while continuing to pay out dividends has sharply divided public opinion this week. Professor Preetika Joshi enters the debate, pointing to the complexity of balancing profit with corporate responsibility during a crisis.

Learn more

68 Canadian companies pay out billions in dividends while receiving government subsidies

angela.l.williams@mcgill.ca — Tue, 08 Dec 2020 00:03:04 +0000

A recent investigation reveals that as 68 publicly-traded Canadian companies received at least $1.3 billion government assistance through the Canadian Emergency Wage Subsidy (CEWS), they paid out more than $5 billion in dividends during the same time period. According to Professor Preetika Joshi, certain countries were more discerning than others when distributing corporate subsidies.

New policies needed to address the CEWS controversy

angela.l.williams@mcgill.ca — Thu, 10 Dec 2020 20:16:11 +0000

Between April and September 20, 53 publicly-held Canadian companies paid out nearly $2 billion to their shareholders despite receiving more than $10 million in federal assistance through the Canadian Emergency Wage Subsidy (CEWS). Prof. Preetika Joshi proposes policy changes that will direct future subsidies to the companies that need them most. Learn more

Professor Joshi awarded 2021 FRQSC New Academics Grant

angela.l.williams@mcgill.ca — Wed, 05 May 2021 13:25:31 +0000

Congratulations to Preetika Joshi, Assistant Professor in Accounting, who has been awarded the 2021 FRQSC New Academics Grant (Soutien à la recherche pour la relève professorale) for her project titled “Does Artificial Intelligence and Machine Learning Improve the Tax Enforcement Function?” (L’intelligence artificielle et l’apprentissage automatique améliorent-ils la fonction de mise en recouvrement de l’impôt ?”)

The long-term impact of corporate tax disclosure

angela.l.williams@mcgill.ca — Fri, 18 Sep 2020 18:07:13 +0000

Companies are experiencing increased pressure to open their tax affairs to public scrutiny. But for Assistant Professor Preetika Joshi, it is crucial to first determine how tax transparency will affect corporate behaviour in the long term.

Preetika Joshi

angela.l.williams@mcgill.ca — Fri, 08 May 2020 14:12:27 +0000