Unilateral adoption of transfer pricing regulations may have a negative impact on real investment by multinational … multinational companies in 27 countries during 2006-2014, to find that MNC affiliates reduce their investment by over 11 percent … following the introduction of transfer pricing regulations. There is no significant reduction in total investment by the MNC …

Formula apportionment as a way to attribute taxable profits of multinationals across jurisdictions is receiving … production are located or sales take place. The largest losses appear in investment hubs (i.e. countries with a disproportionate … ratio of foreign direct investment to GDP), while several large advanced countries are likely to gain. Developing countries …

In this paper I apply firm-level analysis to examine how the Brexit process has affected business investment in the UK … had a considerable and statistically significant negative impact on firm investment in the UK after the referendum. At the … same time, the post-referendum sterling depreciation has likely contributed positively to investment expenditure by more …

Schemes of residual profit allocation (RPA) tax multinationals by allocating their 'routine' profits to countries in … revenue, investment and efficiency. This paper explores these issues, conceptually and empirically. It finds residual profits … of reallocating excess profits under RPA, while adverse for investment hubs, appears beneficial for lower income …

Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition …, it is important to assess how domestic investment responds to such outflows. This study empirically examines the effects … of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies …

-in-difference approach. It finds that the territorial reform has increased the investment rate of UK multinationals by 15.7 percentage points … increase in total outbound investment by UK multinationals … in low-tax countries. In the absence of any significant investment reduction elsewhere, the findings represent a likely …