Heckemeyer, Jost H.; Richter, Katharina; Spengel, Christoph - 2014
investment decisions. Our theoretical considerations predict that R&D intensity is an important determinant of the tax department … companies, representing 8% of business R&D spending in the OECD, we indeed find supporting evidence that in R&D intensive … multinational firms the tax department operates more as a controller than as a manager. In particular, tax departments of R&D …