Pillar One and Pillar Two proposals on MNE’s investment costs. The analysis builds on the standard ETR framework and extends … it in two important respects. First, ETRs are calculated for an investment performed by an entity belonging to an MNE …. This paper feeds into the broader analysis of the investment impacts of the Pillar One and Pillar Two proposals. …

between countries generates positive investment spillover, intra-firm production linkages predict negative spillover. Using … subsidiary-level data and exogenous corporate tax hikes, we find that local business units cut investment by 0.4% for a 1 …

This paper examines the relationship between foreign and domestic investment activity of multinational enterprises. The … investment in fixed assets. The empirical approach, which rests upon extensive and intensive margin variation, is shown to … produce very robust results. These suggest a positive relationship between foreign and home investment in real capital. This …

between countries generates positive investment spillover, intra-firm production linkages predict negative spillover. Using … subsidiary-level data and exogenous corporate tax hikes, we find that local business units cut investment by 0.4% for a 1 …