government seeking to extract surplus from entrepreneurs would naturally tax equity-generated income more than debt … along their debt-to-equity ratios, the optimal non-linear tax schedule to achieve the desired discrimination is isomorphic …

We provide the first large-scale empirical evidence of banks functioning as tax planning intermediaries. We posit that … some banks specialize in assisting corporate clients with tax planning. In this role, banks make use of their centrality in … financial relationships; access to private information; and ability to structure, execute, and participate in tax planning …

Tax uncertainty often negatively affects investment. Advance tax rulings (ATRs) are commonly used as a measure to … provide tax certainty. Rulings are currently controversially discussed in the context of tax planning activities of … multinational firms (Luxembourg Leaks). We analyze ATRs as tax uncertainty shields from both the taxpayers' and the tax authorities …

Governments of EU Member States have been reducing statutory corporate income tax rates (“CIT”) for several years. What … encourages them to take part in tax competition? The article discusses several issues which are in favor of lower CIT rates. They … one of a number of reasons for CIT rate depression. Tax competition is fueled by the various sizes of the economies of EU …

's-length pricing. I find that multinational firms in South Africa manipulate transfer prices in order to shift taxable profits to low-tax … countries. The estimated tax loss is 0.5 per cent of corporate tax payments. My estimates do not support the common belief that …

Using the universe of South African corporate tax returns for 2009-14, we estimate profit- and debt-shifting responses …-shifting responses to tax incentives across all channels are systematically higher compared to developed countries. …

We provide the first large‐scale empirical evidence of banks functioning as tax planning intermediaries. We posit that … some banks specialize in assisting corporate clients with tax planning. In this role, banks make use of their centrality in … financial relationships; access to private information; and ability to structure, execute, and participate in tax planning …

Technology and digitalization are transforming economic activity, but tax policies are lagging behind. The development … effects of taxation will become more severe and that tax bases will erode. As factors of production are becoming more fluid … and mobile, multinational corporations have been able to shift their profits to low-tax jurisdictions, so called base …

This paper introduces an index that comprehensively measures the complexity of countries' corporate income tax systems … faced by multinational corporations. It builds on surveys of highly experienced tax consultants of the largest international … tax services networks. The index, called Tax Complexity Index (TCI), is composed of a tax code subindex covering tax …