Steuerunsicherheit kann das Investitionsverhalten von Steuerpflichtigen negativ beeinflussen. Vor dem Hintergrund existierender Steuerunsicherheit stellen viele Steuerbehörden fiskalische Instrumente zur Verfügung, die diese Unsicherheit vor der Durchführung von Investitionsprojekten...

This paper assesses how international tax planning affects real business investment by multinationals. Earlier studies have shown that corporate taxes reduce business investment. This paper shows that tax planning multinationals are less sensitive to corporate taxes than other firms in their...

The paper investigates the investment decision of a financially constrained multinational corporation (MNC) planning investment projects both at home and in a developing country. The collateral values of the projects diverge because of country specific transactions costs so that the willingness...