Similar Search Results

The impact of profit shifting on economic activity and tax competition

Klemm, Alexander; Liu, Li - 2019

A growing empirical literature has documented significant profit shifting activities by multinationals. This paper looks at the impact of such profit shifting on real activity and tax competition. Real activity can be affected as profit shifting changes-and theoretically most likely reduces-the...

Persistent link: https://www.econbiz.de/10012155106

At a cost : the real effects of transfer pricing regulations

Mooij, Ruud A. de; Liu, Li - 2018

Unilateral adoption of transfer pricing regulations may have a negative impact on real investment by multinational corporations (MNCs). This paper uses a quasi-experimental research design, exploiting unique panel data on domestic and multinational companies in 27 countries during 2006-2014, to...

Persistent link: https://www.econbiz.de/10012252761

An assessment of global formula apportionment

Mooij, Ruud A. de; Liu, Li; Prihardini, Dinar - 2019

Formula apportionment as a way to attribute taxable profits of multinationals across jurisdictions is receiving increased attention. This paper reviews existing literature and discusses experiences in selective federal states to evaluate the economic properties of formula apportionment relative...

Persistent link: https://www.econbiz.de/10012112121

Is there money on the table? : evidence on the magnitude of profit shifting in the extractive industries

Beer, Sebastian; Devlin, Dan - 2021

Persistent link: https://www.econbiz.de/10012487242

Doing more for less? : new evidence on lobbying and government contracts

Agca, Senay; Igan, Deniz; Li, Fuhong; Mishra, Prachi - 2019

this event, firms with little or no prior exposure to the federal accounts that experienced cuts reduced their lobbying … spending. In contrast, firms with a high degree of exposure to the cuts maintained and even increased their lobbying spending … likely intensified their lobbying efforts to distinguish themselves from the others and improve their chances of procuring a …

Persistent link: https://www.econbiz.de/10012103562

Macroeconomic effects of tax rate and base changes : evidence from fiscal consolidations

Dabla-Norris, Era; Lima, Frederico - 2018

This paper examines the macroeconomic effects of tax changes during fiscal consolidations. We build a new narrative dataset of tax changes during fiscal consolidation years, containing detailed information on the expected revenue impact, motivation, and announcement and implementation dates of...

Persistent link: https://www.econbiz.de/10011932304

Austerity and elections

Alesina, Alberto; Ciminelli, Gabriele; Furceri, Davide; … - 2021

Conventional wisdom holds that voters punish governments that implement fiscal austerity. Yet, most empirical studies, which rely on ex-post yearly austerity measures, do not find supportive evidence. This paper revisits the issue using action-based, real-time, ex-ante measures of fiscal...

Persistent link: https://www.econbiz.de/10012613677

The Impact of Tax and Welfare Policieson Employment and Unemployment in OECD Countries

Disney, Richard - 2000

The paper provides a selective survey of methods and findings concerning the impact of tax and welfare policies on employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy and concludes that cross-country macroeconomic...

Persistent link: https://www.econbiz.de/10014400072

Where does multinational investment go with territorial taxation? : evidence from the UK

Liu, Li - 2018

In 2009, the United Kingdom changed from a worldwide to a territorial tax system, abolishing dividend taxes on foreign repatriation from many low-tax countries. This paper assesses the causal effect of territorial taxation on real investments, using a unique dataset for multinational affiliates...

Persistent link: https://www.econbiz.de/10011799574

At a cost : the real effects of thin capitalization rules

Mooij, Ruud A. de; Liu, Li - 2021

Thin capitalization rules (TCRs) aim to mitigate profit shifting by multinational corporations (MNCs) but, by raising the cost of capital for affected affiliates, can also negatively affect real investment. Exploiting unique panel data on multinational companies in 34 countries during 2006-2014,...

Persistent link: https://www.econbiz.de/10012517932