Similar Search Results

Globalisation and the Mix of Wage and Profit Taxes

Haufler, Andreas - 2006

This paper analyses the development of the ratio of corporate taxes to wage taxes using a simple political economy model with internationally mobile and immobile firms. Among other results, our model predicts that countries reduce their corporate tax rate, relative to the wage tax, either when...

Persistent link: https://www.econbiz.de/10012780459

Global Engagement and Returns Volatility

Girma, Sourafel - 2016

This paper uses high-frequency data for publicly-listed Japanese manufacturing firms over the period 2000 to 2010 to show that a greater reliance on foreign market sales increases the conditional volatility of firms' stock returns. The two margins of global engagement we consider, namely,...

Persistent link: https://www.econbiz.de/10013000911

Corporate Income Taxation of Multinationals and Fiscal Equalization

Liesegang, Caterina - 2009

This paper investigates the effect of fiscal equalization on the efficiency properties of corporate income tax rates chosen by symmetric countries in a Nash tax competition game under the taxation principles of Separate Accounting and Formula Apportionment. Fiscal equalization ensures efficiency...

Persistent link: https://www.econbiz.de/10013157189

Corporate Income Taxation of Multinationals and Unemployment

Eichner, Thomas; Runkel, Marco - 2021

Within a two-country model with involuntary unemployment, this paper investigates corporate income taxation under separate accounting versus formula apportionment. In contrast to separate accounting, under formula apportionment the corporate tax policy causes a fiscal externality which goes back...

Persistent link: https://www.econbiz.de/10013317278

Corporate Income Taxation of Multinationals in a General Equilibrium Model

Eichner, Thomas - 2008

competition model with an endogenously determined world interest rate. Under the principle of Separate Accounting, it turns out … insights obtained by previous studies under the assumption of an exogenously given world interest rate …

Persistent link: https://www.econbiz.de/10012771695

Labour Taxation and Foreign Direct Investment

Egger, Peter H. - 2008

This paper analyzes the implications of effective taxation of labor for profits and, hence, the location decision of a multinational enterprise. We set up a stylized partial equilibrium model and, presuming that worker effort is a function of net wages, assume that a higher employee-borne tax...

Persistent link: https://www.econbiz.de/10012771798

Profit Shifting and Investment Effects : The Implications of Zero-Taxable Profits

Koethenbuerger, Marko - 2018

Recent empirical research documents a tendency of affiliates of multinational enterprises to bunch around zero reported profit. Setting up a model that allows for profitable and loss-making affiliates of multinationals, we show that profit shifting to a low-tax country as well as a loss-related,...

Persistent link: https://www.econbiz.de/10012921411

There's No Place Like Home : The Profitability Gap between Headquarters and their Foreign Subsidiaries

Dischinger, Matthias; Riedel, Nadine - 2021

quantitatively large. Our findings suggest that the profitability gap is partly driven by agency costs which arise if value … communication and travel costs over the last decade, the profitability gap is shown to decline over time. Apart from that, our … profitability gap. We discuss various implications of our findings …

Persistent link: https://www.econbiz.de/10013316283

Nice Guys Finish Last : Are People with Higher Tax Morale Taxed More Heavily?

Dörrenberg, Philipp - 2012

This paper provides evidence of efficient taxation of groups with heterogeneous levels of ‘tax morale'. We set up an optimal income tax model where high tax morale implies a high subjective cost of evading taxes. The model predicts that ‘nice guys finish last': groups with higher tax morale...

Persistent link: https://www.econbiz.de/10013104258

Shadow Economies and Corruption All Over the World : What Do We Really Know?

Schneider, Friedrich - 2021

Estimations of the size and development of the shadow economy for 145 countries, including developing, transition and highly developed OECD economies over the period 1999 to 2003 are presented. The average size of the shadow economy (as a percent of "official" GDP) in 2002/03 in 96 developing...

Persistent link: https://www.econbiz.de/10013317397

1
2
3
4
5
6
7
8
9
10
Next
Last