Politicians and tax practitioners often claim that tax uncertainty negatively affects investment. In many countries … circumstances under which investors request ATRs, how tax authorities should price them and how they can affect investment. We … the probability of detecting ambiguous tax issues. Under certain circumstances, ATRs may effectively foster investment and …

Tax uncertainty often negatively affects investment. Advance tax rulings (ATRs) are commonly used to provide tax … investments or use investment-specific fees. These results provide new explanations for why ATRs are currently not as intensively …

Tax uncertainty often negatively affects investment. Against the background of existing tax uncertainty many tax … authorities provide fiscal instruments that reduce such uncertainty before investors carry out their investment projects. Advance … assessment of the tax issue before the investment is carried out investors are able to consider the tax consequences of an …

An investment that is characterized by exit flexibility requires both decisions on investment and holding period. As … selling an investment often leads to tax-liable capital gains and capital gains crucially depend on the duration of an … investment we investigate the impact of capital gains taxation on the holding period under three different tax systems. In our …

discussing future tax reforms as well as for investors assessing risky investment opportunities …