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The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
Persistent link: https://www.econbiz.de/10009711209
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
Persistent link: https://www.econbiz.de/10011276970
Foreign firms have clustered together in the Yangtze River Delta, and their impact on domestic firms is an important policy issue. This paper studies the spatial effect of FDI agglomeration on the regional productivity of domestic firms, using Chinese firm-level data. To identify local FDI...
Persistent link: https://www.econbiz.de/10010583828
This article is concerned with the role of tax planning in Chinese MNCs foreign direct investment (FDI) decisions. It can be shown that tax planning (intragroup debt financing) enables Chinese firms to locate value-added chain and direct investment (e.g. production) in high-taxed foreign...
Persistent link: https://www.econbiz.de/10013075421
tax rates, withholding taxes on dividends, double tax treaties and the double taxation relief methods. We find that treaty …
Persistent link: https://www.econbiz.de/10012957890
-shifting channel, while all competition for FDI is relegated to internal-debt regulation. Our results question the ban of royalty taxes …
Persistent link: https://www.econbiz.de/10012823537
What are the implications of the rapid growth in offshored business services for transfer pricing, the pricing of products traded between affiliated firms? We explore these implications through a case study of transnational corporations in the teleservices industry. Teleservices TNCs own foreign...
Persistent link: https://www.econbiz.de/10014027934
The paper begins with a critique of the literature on private sector governance, noting that it emerged at a moment of … markets. The underlying models of corporate governance and state-business relations are then critically examined. Against this …, corporate governance and state-business relations that do not conform to the Anglo-American model and are not easily subjected …
Persistent link: https://www.econbiz.de/10014173741
postrevolutionary regime through economic performance, nationalism, ideology, culture, governance, and democracy. At the same time, the …
Persistent link: https://www.econbiz.de/10008475958
Persistent link: https://www.econbiz.de/10011429212