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Hines, James R, Jr - 2018

This paper explores the implications of tax rate uncertainty, identifying circumstances in which revenue-neutral tax rate variability increases profitability, economic activity, and the efficiency of resource allocation. Furthermore, with heterogeneous taxpayers, tax rate variability is shown to...

Persistent link: https://www.econbiz.de/10012481036

Capital Investment and Labor Demand

Curtis, E. Mark; Garrett, Daniel G.; Ohrn, Eric C.; … - National Bureau of Economic Research - 2021

We study how tax policies that lower the cost of capital impact investment and labor demand. Difference-in-differences estimates using confidential US Census Data on manufacturing establishments show that tax policies increased both investment and employment, but did not lead to wage or...

Persistent link: https://www.econbiz.de/10012696394

Tax Policy and Local Labor Market Behavior

Garrett, Daniel G. - 2019

Since 2002, the US government has encouraged business investment using accelerated depreciation policies that significantly reduce investment costs. We provide the first in-depth analysis of this stimulus on employment and earnings. Our local labor markets approach exploits cross-industry...

Persistent link: https://www.econbiz.de/10012479500

Corporate Taxation and the Distribution of Income

Hines, James R, Jr - 2020

Higher corporate taxes reduce corporate business operations, replacing them with operations by noncorporate businesses … higher corporate taxes can increase income inequality even when the corporate tax burden falls entirely on capital owned …

Persistent link: https://www.econbiz.de/10012482159

The Structure of Business Taxation in China

Chen, Zhao - 2020

2011 from the State Taxation Administration. We first document the importance of different business taxes across industries …. While corporate income taxes play an important role for manufacturing firms, these firms also remit a large share of their … tax payments through the value-added tax system, through the excise tax system and through payroll taxes. Gross receipts …

Persistent link: https://www.econbiz.de/10012482270

"Tax Sparing" and Direct Investment in Developing Countries

Hines, James R, Jr - 1998

countries with whom Japan has agreements are entitled to claim foreign tax credits for income taxes that they would have paid to …

Persistent link: https://www.econbiz.de/10012472085

Investment Ramifications of Distortionary Tax Subsidies

Hines, James R, Jr - 1998

This paper examines the investment effects of tax subsidies for which some assets and not others are eligible. Distortionary tax subsidies encourage firms to concentrate investments in tax-favored assets profitability of investment and reducing payoffs to bondholders in the event of default....

Persistent link: https://www.econbiz.de/10012472196

Tax Policy and the Activities of Multinational Corporations

Hines, James R, Jr - 1996

choices. While taxes appear to influence a wide range of activity, the literature does not offer many subtle tests designed to …

Persistent link: https://www.econbiz.de/10012473259

Interest Allocation Rules, Financing Patterns, and the Operations of U.S. Multinationals

Froot, Kenneth A. - 1994

This paper examines the impact of the 1986 change in U.S. interest allocation rules on the investment and financing decisions of American multinationals. The 1986 change reduced the tax deductibility of the interest expenses of firms with excess foreign tax credits. The resulting increase in the...

Persistent link: https://www.econbiz.de/10012473980

Tax Policy and the Efficiency of U.S. Direct Investment Abroad

Desai, Mihir A. - 2011

Deferral of U.S. taxes on foreign source income is commonly characterized as a subsidy to foreign investment, as …

Persistent link: https://www.econbiz.de/10012461455