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Controlled foreign company (CFC) rules are frequently imposed by countries as part of their anti-tax-avoidance legislation. This paper aims at quantifying their impact on foreign investments by utilizing a regression discontinuity design and the universe of German foreign investments notified to...
Persistent link: https://www.econbiz.de/10009144735
reallocating taxable income dampen these incentives. The behavior of German manufacturing firms from 2002-2008 is consistent with …
Persistent link: https://www.econbiz.de/10011084127
The main purpose of this paper is to provide an assessment of the impact of the introduction of an alternative minimum tax (AMT) in Belgium with a focus on the impact on various distortions margins. In the process, we provide an up-to date account of the state of effective corporate taxation in...
Persistent link: https://www.econbiz.de/10011084174
We model the link between inequality and excessive risk taking. In the presence of increasing returns to tax avoidance, the middle class is willing to take non rewarded financial risk despite risk aversion. Electoral pressure may lead an incumbent politician to endorse this excessive risk taking...
Persistent link: https://www.econbiz.de/10009371468
performance incentives, on behavior of care providers filing applications for providing long-term care services to patients. We … degree of control reduces the number of applications and that introducing performance incentives reduces this even further …
Persistent link: https://www.econbiz.de/10011272714
We explore the consequence for taxation and regulation of bonus pay when investors are protected by taxpayers from downside risk. The paper develops a model where workers in financial sector firms make decisions about effort and risk-taking which are influenced by the structure of bonus pay....
Persistent link: https://www.econbiz.de/10009246598
, the model offers an explanation for motivational crowding out: Control systems and pecuniary incentives may erode morale …
Persistent link: https://www.econbiz.de/10005662241
We provide evidence on the match between firms, managers and incentives using a new survey designed for this purpose … implicit incentives they face and on the firms they work for. We model a market for managerial talent where both firms and …
Persistent link: https://www.econbiz.de/10005662350
, and local development objectives of technology license offices. Royalty incentives work both by raising faculty effort and … sorting scientists across universities. The effect of incentives works primarily by increasing the quality (value) rather than …
Persistent link: https://www.econbiz.de/10005662368
leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the … division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do …' incentives. The resulting tradeoff between a better use of resources and diminished incentives for effort determines whether …
Persistent link: https://www.econbiz.de/10005666612