Most existing empirical evidence on the impact of profit taxation on multinational firm activity is based on cross-country data. One major drawback of such data is that countries differ not only with regard to taxes but along other dimensions which might be hard to capture by means of observable...

Most existing empirical evidence on the impact of profit taxation on multinational firm activity is based on cross-country data. One major drawback of such data is that countries differ not only with regard to taxes but along other dimensions which might be hard to capture by means of observable...

In recent years, emerging markets such as India and Indonesia have encouraged / required multinational firms (MNFs) to produce and sell goods locally. This might change MNFs' previous supply chain structure of "overseas-production-local-sale" (OPLS) to "ocal-production-local-sale" (LPLS). Tax...