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Corporate Tax Policy, Foreign Firm Ownership and Thin Capitalization
Fuest, Clemens; Hemmelgarn, Thomas - CESifo - 2003
This paper analyzes the implications of foreign firm ownership and international profit shifting through thin capitalization for corporate tax policy. We consider a model of interjurisdictional tax competition where the corporate tax serves as a backstop to the personal income tax, interest on...
Persistent link: https://www.econbiz.de/10005181361
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In Praise of Tax Havens: International Tax Planning and Foreign Direct Investment
Hong, Qing; Smart, Michael - CESifo - 2007
The multinationalization of corporate investment in recent years has given rise to a number of international tax … capital and so facilitate investment. Both the welfare effects of and the optimal response to international tax planning are … rise in optimal corporate tax rates, and a decline in multinational investment. Thus fears of a “race to the bottom” in …
Persistent link: https://www.econbiz.de/10005181593
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Search Costs and Corporate Income Tax Competition
Konrad, Kai A. - CESifo - 2010
This paper studies corporate tax competition if it is costly to learn some of the elements that determine the effective tax burden. Search cost may, but need not, eliminate the tax competition pressure. The outcome depends on the boundaries of tax rate and tax base choices. Search cost can...
Persistent link: https://www.econbiz.de/10008727307
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Anti Profit-Shifting Rules and Foreign Direct Investment
Buettner, Thiess; Overesch, Michael; Wamser, Georg - CESifo - 2014
investment (FDI). Using a unique dataset which allows us to observe the worldwide activities of a large panel of multinational … transfer pricing by the host country affect investment and employment of foreign subsidiaries. The results indicate that …
Persistent link: https://www.econbiz.de/10010752788
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Source versus Residence Based Taxation with International Mergers and Acquisitions
Becker, Johannes; Fuest, Clemens - CESifo - 2009
and acquisitions, rather than greenfield investment. In this framework, we show that differences in residence based taxes …
Persistent link: https://www.econbiz.de/10008534000
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Multinational Capital Structure and Tax Competition
Wrede, Matthias - CESifo - 2010
This paper analyzes tax competition when welfare maximizing jurisdictions levy source-based corporate taxes and multinational enterprises choose tax-efficient capital-to-debt ratios. Under separate accounting, multinationals shift debt from low-tax to high-tax countries. The Nash equilibrium of...
Persistent link: https://www.econbiz.de/10008534028
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Interjurisdictional Company Taxation in Europe, the German Reform and the New EU Suggested Direction
Gérard, Marcel - CESifo - 2002
This paper proposes an analysis of two major tax events which occurred in the European Union in 2001, the move of Germany from imputation to exemption and the objective announced by the EU Commission to provide EU businesses with a consolidated corporate tax base for their EU-wide activities. In...
Persistent link: https://www.econbiz.de/10005181315
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(Why) Do we need Corporate Taxation?
Weichenrieder, Alfons - CESifo - 2005
Tax rates on corporate income have considerably come down in the process of tax competition and further pressures are evident. Against this background, the paper discusses possible benefits of corporate income taxation that may be at risk. In particular, the paper surveys the empirical evidence...
Persistent link: https://www.econbiz.de/10005181608
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Tax Competition – Greenfield Investment versus Mergers and Acquisitions
Becker, Johannes; Fuest, Clemens - CESifo - 2008
investment, greenfield investment and mergers and acquisitions. We show that the coexistence of these two types of investment … intensifies tax competition in comparison to the case where there is only greenfield investment. If a specific tax on acquisitions …
Persistent link: https://www.econbiz.de/10005405878
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Who Participates in Tax Avoidance?
Alstadsæter, Annette; Jacob, Martin - CESifo - 2013
This paper analyzes the sources of heterogeneity in legal tax avoidance strategies across individuals. Three conditions are required for a taxpayer to participate in tax avoidance: incentive, access, and awareness. Using rich Swedish administrative panel data with a unique link between corporate...
Persistent link: https://www.econbiz.de/10010877932