In this paper the impact of the corporate tax systems of the 15 EU-member states on the investment and the financing decision of an US multinational corporation is analysed. The calculation of the resulting effective marginal tax rates (EMTR) closely follow the model of King and Fullerton. There...

In the 1980s, there was a huge increase in the outflow of foreign direct investment from Sweden to the EC. The EC market is the most important for Swedish firms and it is during the last decade that EC has undergone major changes. This paper uses a unique data set on individual Swedish MNCs for...