only a nominal location determined by the firm's tax or legal strategies. lt;brgt;lt;brgt;The effects of these location … ambiguities, and the resulting distortions for tax reasons of the location of production, are described and it is estimated that … for U.S. firms' affiliates in a few tax havens alone, the exaggeration of value added in those locations amounted, in 2005 …

Many studies measure capital stocks and effective tax rates for different industries, but they consider only tangible … of tax differences among these assets under prior law is about $10 billion per year or 13 percent of all corporate income … tax revenue. Since the investment tax credit was available only for equipment, its repeal raises the effective rate of …

royalties from affiliates abroad, US parent firms have an incentive to retain abroad in low-tax countries a greater share of the … in earnings and profits than in royalties. Cost sharing payments from affiliates in Ireland and from pure tax havens …

sweat activity leads to a significant understatement of the impacts of lowering business income tax rates on both the … extensive and intensive margins. We also document large differences in the effective tax rates and the effects of tax changes … for owner and employee labor inputs. Lower tax rates on owners result in increased self-employment rates and smaller firm …