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The paper provides a comprehensive assessment of the latest German corporate income and capital tax reform, which entails a major shift of the capital tax burden from the firm to the household level. Using a dynamic two-country computable general equilibrium model with integrated capital...
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The issue of valuing tax loss-carryforwards (TCLFs) and carrybacks (TLCBs) arises frequently in theory and practice …
Persistent link: https://www.econbiz.de/10013026661
Objective: The objective of the article is to explore how new multinationals construct their FDI location portfolios … the organisational learning theory, we conduct regression analysis based on data from 394 subsidiaries of new Polish … multinationals. Findings: We find that the possession of superior capabilities by new multinationals enhances their ability to reap …
Persistent link: https://www.econbiz.de/10012800370
We show in a dynamic investment setting whether firms choose FDI or international portfolio investment (FPI) in the presence of stochastic productivity taking into account differences in flexibility of both investments. Isolated FPI and FDI investments are compared to combined FPI and FDI...
Persistent link: https://www.econbiz.de/10003865729
This paper develops a theory of patent portfolios in which firms accumulate an enormous amount of related patents in …
Persistent link: https://www.econbiz.de/10010189838
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