arises here between assumptions made in some areas of tax theory and the actual investment analyses conducted by the … companies. Tax theory has given rise to discussion and controversial tax proposals for the petroleum sector in Norway, Denmark … and Australia. It led, for example, to reductions in tax-related depreciation for the Norwegian petroleum industry in May …

A tax on fuel combined with tax-exemptions or subsidies for purchase of fuel-efficient vehicles is implemented in many … a tax on fuel should be combined with heavier taxation of fuel-efficient vehicles to curb externalities from road … traffic. The tax on fuel is implemented to curb externalities linked to both consumption of fuel and road use. The heavier tax …

least in Europe. This paper analyzes the effects of introducing a coordinated cross-border tax relief in a setting where … multinational firms choose the size of a risky investment and host countries endogenously choose tax rates. We show that coordinated … cross-border loss compensation is likely to intensify tax competition when, following current international practice, the …

steeply rising CO2 tax during the oil-only phase and a less steeply rising CO2 tax during the subsequent oil-coal and coal … optimal transition times and carbon tax of a carbon-free, albeit expensive backstop (solar or wind). Without a carbon tax, a … prohibitive coal tax leads to less oil in situ, substantially delays introduction of renewable, and thus curbs global warming …

economic theory prescribes that the advertising volume can be optimally reduced by levying a tax on ads. However, making use of … recent advances in the theory of Industrial Organization and two-sided markets we show that taxing ads may be … counterproductive. In particular, we identify a number of situations in which ad-adverse consumers are negatively affected by the tax …

concerning the health effects of the consumption of fat and of healthy goods. The level of the fat tax is determined through … fraction of the fat tax proceeds is “earmarked” to reduce health insurance premiums while the remaining fraction finances a … welfare, anticipating the induced political equilibrium. We show that the fat tax in the political equilibrium is always lower …

There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes …

This paper investigates the tax responsiveness of multinational firms' investment decisions in foreign countries …, the tax responsiveness of firms crucially depends on this distinction. Empirically, however, a firm's ability to avoid … find that investments of tax avoiders do not respond to host-country profit taxes at all, while those of non-avoiders do …

anticipatory behavior provides an important explanation for this result. Gasoline buyers increase purchases before tax increases … and delay purchases before tax decreases, rendering the tax instrument endogenous. Including suitable leads and lags in …