In Europe, declining corporate tax rates have come along with rising tax-to-GDP ratios. Thispaper explores to what extent income shifting from the personal to the corporate tax base canexplain these diverging developments. We exploit a panel of European data on firm births andlegal form of...

Intro -- Contents -- Series Foreword -- 1 Taxation and Regulation of the Financial Sector -- Part I: Interplay of Taxation and Regulation Policies for the Financial Sector -- 2 New Bank Taxes: Why and What Will Be the Effects? -- 3 Taxes, Banks, and Financial Stability -- 4 Taxation and...

Next to technological progress and deregulation, theintroduction of the euro is widely considered to be an importantcatalyst for bank consolidation in Europe. In order to assessthe public policy issues surrounding bank mergers, this paperanalyzes the efficiency effects of 52 horizontal bank...