Exploiting the German 2008 tax reform we employ an event study design to assess the effects of local corporate taxes on … stock prices. We match firms to the local tax rates at their respective headquarters and analyze the differential stock … market responses to the reform decision. We find that firms which are located in high tax jurisdictions and therefore face a …

The present study provides estimates of the Effective Marginal Tax Rates (EMTRs) for a sample of 17 OECD countries and …-country/cross-sector approach allows us comparing the incentives provided by the tax systems and gauging the effects of tax changes taking … explicitly into account the possible substitution between factors as well as their tax incidence. Our results suggest that the …

states to set their own RETT rates, leading to frequent increases in states’ tax rates in the subsequent years. Our monthly … event study estimates indicate a price response that strongly exceeds the change in the tax burden for single transactions …. Twelve months after a reform, a one percentage point increase in the tax rate reduces property prices by on average 3 …

Exploiting the German 2008 tax reform we employ an event study design to assess the effects of local corporate taxes on … stock prices. We match firms to the local tax rates at their respective headquarters and analyze the differential stock … market responses to the reform decision. We find that firms which are located in high tax jurisdictions and therefore face a …