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 …

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 …

taxation usually favors financial rather than real investment and encourages outbound investment. Consequently, introducing an … AMT discriminates against many firms and investment projects, especially if economic income is lower than taxable income … ; investment decisions ; wealth tax …

's decision to either carry out an investment in corporate shares or to invest funds alternatively on the capital market. Three … solutions for the investment problem for different categories of tax regimes, even under certainty, cannot be derived. Applying …

The influence of capital gains taxes on investment decisions is a central issue of accounting and public finance … interdependencies of investment and divestment decisions have to be identified, especially under timing flexibility. This paper closes … this gap by simultaneously analyzing investment timing and abandonment decisions for risky irreversible investment projects …

identical investment thresholds. Using this novel illustration technique it is possible to identify conditions for an … volatility. Implementing a ?nal withholding tax on capital income tends to reduce risky investment. Our findings extend the well …-known tax effects on investment from certainty with respect to uncertainty, irreversibility, and risk-taking. …

In this paper we analyze the impact of various minimum taxation concepts on corporate investment decisions. These … investments can be realized in the form of either a real or a financial investment. In a quantitative analysis we refer to the … interesting information for corporate investors having to decide on the location of an investment, and for tax reform discussions …

In entrepreneurial decisions making uncertain future profits often are a main characteristics of real investment … profit taxation and real options. We model an investment decision including an option to invest and an option to abandon. We … into a capitalized investment. Instead, if we abstract from the possibility to abandon the investment object such …

Under uncertainty and irreversibility, real option-based models are widely accepted for assessing investment projects … capital market investment and an option to wait. Taxes affect risk-free and risky capital market investment asymmetrically and …-tax investment threshold in case of tax rate changes as well as general normal and paradoxical settings. Unlike for other tax …