This paper analyzes the association between tax complexity and foreign direct investments (FDI) based on the newly … developed Tax Complexity Index (TCI) and its components. For a sample of 15,607 new foreign subsidiaries, we find no association … between total tax complexity, as proxied by the TCI, and the location probability. When we decompose the TCI into tax code …

tax authorities. My contribution to the literature is threefold: First, I contribute by providing, to the best of my …. Empirical insights on how tax rules affect banks' decision-making are helpful for policymakers to tailor suitable and … sustainable tax legislation directed at banks. …

The theoretical literature suggests that when taking tax effects into account, debt ought to be preferable to equity …. However, there are no uniform predictions of the size of this tax benefit (tax shield) in comparison to an opposing increasing … structure only provides puzzling effects. We believe the German corporate tax reform in 2008, which introduced an interest …

Formulary apportionment is an intensively debated mechanism for allocating tax base within multinational groups … weights on the formula factors individually can be observed. The latter systems produce uncertainty about the overall tax …-liable share of the future group tax base. Counter-intuitively, I identify scenarios under which increased uncertainty leads to …

future values of the investments as an indicator of tax-favored and tax-discriminated projects. Varying the concept … minimum tax concepts in a unique model. The resulting equations can be used as a basis for further analyses of group taxation …, wealth taxation and asymmetric taxation and allows us to gain first insights into the direction and magnitude of tax …

We estimate the elasticity of corporate taxable income with respect to the effective corporate tax rate on the basis of … a pseudo-panel constructed from corporate tax return micro data for the period 1998-2001, a period which saw the … introduction of a major corporate tax reform in Germany. Endogeneity of the effective tax rate is controlled for by an instrumental …

Capital income taxation in Germany distorts financing decisions of corporations as the after-tax cost of capital for … tax system similar to the Norwegian shareholder ACE tax. In the last German corporate and personal income tax reform in … estimate the expected tax revenue losses of an alternative concept which also ensures neutrality with respect to financing …

This paper analyzes whether a corporate tax cut reduces profit shifting to low-tax countries. I use firm-level data of … 2,812 German corporations around the Business Tax Reform in 2008. Applying a difference-in-differences framework with a … evidence that even a 10 percentage points cut in the business tax rate leads to a reduction of profit shifting activities. …