-off between raising tax revenue by reducing profit shifting and attracting investment. Accounting for extensive margin profit …

-income tax rate increases GDP, wages, consumption, investment, and business density. The trade balance is at the same time …

This paper estimates the causal effect of corporate tax hikes on firm investment based on more than 1,400 local tax … changes. By observing planned and realized investment volumes in a representative sample of German manufacturing firms, we can … study how tax hikes induce firms to revise their investment decisions. On average, the share of firms that invest less than …

This article discusses the effects of an asymmetric tax scheme on incremental and sequential investment strategies. The …

profit. Setting up a model that allows for profitable and loss-making affiliates of multinationals, we show that profit …-tax country induces bunching. Such bunching promotes investment incentives in the low-tax as well as the high-tax country. In … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit …

, passive investment, and active investment of multinational firms, using high-quality administrative data on virtually all … German-based multinationals. We use two main identification strategies, based on: (1) synthetic control methods, and (2 … multinational affiliates. Additionally, an ACE increases intra-group lending and other forms of passive investment but has no …

This paper explores the effects of tax provisions aimed at restricting multinationals' tax planning on foreign direct … investment (FDI). Using a unique dataset which allows us to observe the worldwide activities of a large panel of multinational … transfer pricing by the host country affect investment and employment of foreign subsidiaries. The results indicate that …

both greenfield and acquisition investment, and a general constraint linking investment at home and abroad for the … investment in the greenfield case, and a cross-border cash flow tax on foreign investment in both cases. These basic results …

for multinationals exceeding a certain revenue threshold. We show that 82% of the German multinationals subject to CbC …, only 9% of the global profits of German multinationals are reported in tax havens. Results from regression analysis suggest … annual tax base loss for Germany amounts to EUR 5.4 billion. Adding estimates of profit shifting by multinationals not …