This paper investigates whether the U.S. repatriation tax for U.S. multinational corporations affects foreign … investment. Our results show that the locked-out cash due to repatriation tax costs is associated with a higher likelihood of … foreign (but not domestic) acquisitions. We also find a negative association between tax-induced foreign cash holdings and the …

This paper investigates the effect of tax incentives on R&D activities in Taiwanese manufacturing firms. The propensity … score matching (PSM) estimates show that recipients of R&D tax credits appear on average to have 53.80% higher R …&D expenditures than that they do without receiving tax credits, while there is no significantly higher growth rate of R&D expenditure …

In 2008, the Czech government implemented a major overhaul of the personal income tax (PIT), replacing the previous … corporate income tax (CIT) and an increase in the concessionary rate of value added tax (VAT) applied to many goods and services …. The reform made the tax system more transparent and was broadly consistent with OECD recommendations concerning pro …

Since 1997, the Netherlands has had a tax allowance scheme that was introduced to promote investments in energy …-saving technologies and sustainable energy production. This so-called Energy Investment Tax Allowance (EIA in Dutch) reduces up … production durable d’énergie. Appelé Energy Investment Tax Allowance (déduction fiscale au titre des investissements énergétiques …

Politicians and tax practitioners often claim that tax uncertainty negatively affects investment. In many countries …, firms can request fee-based Advance Tax Rulings (ATRs) to mitigate tax uncertainty. We analyze theoretically the … circumstances under which investors request ATRs, how tax authorities should price them and how they can affect investment. We …

This report presents new evidence on the impact of R&D tax incentives and direct funding of business R&D, drawing on …-19). This “distributed” approach facilitates a harmonised analysis of confidential business R&D and tax relief microdata in 20 … OECD countries. microBeRD provides new insights into the effectiveness of R&D tax incentives in encouraging business R&D in …

This paper analyzes the impact on firm behavior of the Homeland Investment Act of 2004, which provided a one-time tax … variable bias by using instruments that identify the firms likely to receive the largest tax benefits from the holiday …. Repatriations did not lead to an increase in domestic investment, employment or R&D -- even for the firms that lobbied for the tax …

optimal tax system implements such an allocation as a competitive equilibrium for a given market structure. We consider … the bad states. Second, if entrepreneurs are allowed to sell equity, the optimal tax system embeds a prescription for …