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The Global Effects of R&D Tax Incentives: Evidence from Micro-Data
Knoll, Bodo; Baumann, Martina; Riedel, Nadine - Verein für Socialpolitik - VfS - 2014
Recent years have seen an unprecedented increase in the provision of R&D tax incentives. A growing empirical literature suggests that R&D tax incentives are instrumental in raising domestic R&D activity. In policy debates this fi nding is often interpreted to lend support to the notion that R&D...
Persistent link: https://www.econbiz.de/10011163946
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On the Consequences of Eliminating Capital Tax Differentials
Slavik, Ctirad; Yazici, Hakki - Verein für Socialpolitik - VfS - 2014
In the United States structure and equipment capital are e ffectively taxed at different rates. Recently, President Obama joined the group of policy makers and economists who propose to eliminate these di erentials. This paper analyzes the consequences of such a reform using an incomplete...
Persistent link: https://www.econbiz.de/10011163996
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Capital Taxation and Imperfect Competition: ACE vs. CBIT
Schindler, Dirk; Brekke, Kurt; Pires, Armando; … - Verein für Socialpolitik - VfS - 2014
This paper sets up an imperfect-competition model of a small open economy, and undertakes a welfare comparison of the Corporate Business Income Tax (CBIT) and the Allowance for Corporate Equity tax (ACE). A main result is that a small open economy should levy a positive source tax on capital in...
Persistent link: https://www.econbiz.de/10011163998
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The CCCTB option an experimental study
Keser, Claudia; Kimpel, Gerrit; Oestreicher, Andreas - Verein für Socialpolitik - VfS - 2014
two different remuneration functions allowing the participants to act as owners or managers of a company. …
Persistent link: https://www.econbiz.de/10011164144
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The persistent effects of regional policy - Evidence from the West-German Zonenrandgebiet
Seidel, Tobias; von Ehrlich, Maximilian - Verein für Socialpolitik - VfS - 2014
In this paper, we provide novel evidence on the contemporaneous and persistent effects of regional policy. We apply a quasi-experimental identification strategy exploiting the fact that municipalities in the West-German Zonenrandgebiet (ZRG) were eligible for substantial regional transfers...
Persistent link: https://www.econbiz.de/10011164167
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An Economic Rationale for Controlled-Foreign-Corporation Rules
Mardan, Mohammed; Haufler, Andreas; Schindler, Dirk - Verein für Socialpolitik - VfS - 2014
By introducing controlled-foreign-corporation (CFC) rules, the parent country of a multinational firm reserves the right to tax the income of the firm's foreign affiliates, if the tax rate in the affiliate's host country is below a specified threshold. In this paper, we identify the conditions...
Persistent link: https://www.econbiz.de/10011164181
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Employment Effects of Local Business Taxes
Siegloch, Sebastian - Verein für Socialpolitik - VfS - 2014
This is the first paper to thoroughly investigate the employment effects of corporate taxation. Higher taxes are …
Persistent link: https://www.econbiz.de/10011164197
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Why Countries Compete in Ad Valorem Instead of Unit Capital Taxes
Runkel, Marco; Hoffmann, Magnus - Verein für Socialpolitik - VfS - 2012
) taxation, while a large part of the tax competition literature views business taxes as unit (wealth) taxation. We point to the … a system of ad valorem taxes than in a system of unit taxes and (ii) that ad valorem taxation may be the equilibrium … of the ad valorem system may be a prisoner's dilemma since the countries' welfare may be higher if they choose unit taxes. …
Persistent link: https://www.econbiz.de/10010955203
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Taxation and Incorporation
Keuschnigg, Christian; Egger, Peter; Winner, Hannes - Verein für Socialpolitik - VfS - 2011
This paper provides a theory of incorporation and taxation that emphasizes the role of the corporate legal form in facilitating access to external capital and the potential advantages of limited liability. Incorporation relaxes financing constraints and makes corporations larger than comparable...
Persistent link: https://www.econbiz.de/10010957266
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Tax Losses and Firm Investment: Evidence from Tax Statistics
Walch, Florian; Dwenger, Nadja - Verein für Socialpolitik - VfS - 2011
The elasticity of business capital to changes in its user cost is central to the economic analysis of fiscal policies. As a major component, the user cost of capital includes a firm's marginal tax rate. Due to the asymmetric treatment of tax losses and profits, the marginal tax rate can depart...
Persistent link: https://www.econbiz.de/10010957300