Using the 2008 corporate tax reform in China as a quasi-natural experiment, we find that compared to unaffected firms, firms facing tax increases report significantly lower profit margins to avoid paying more taxes, while there is no significant difference for firms facing a tax cut. Our results...

Using the 2008 corporate tax reform in China as a quasi-natural experiment, we find a behavioral asymmetry. Compared to firms whose taxes were unaffected by the reform, firms whose tax rate increased reported significantly lower profit margins to avoid paying more taxes. However, firms whose tax...

Aggressive tax planning efforts of highly profitable multinational companies (Base Erosion and Profit Shifting (BEPS)) have recently become the subject of intense public debate. As a response, several international initiatives and parties have called for more transparency in financial reporting,...

Aggressive tax planning efforts of highly profitable multinational companies (Base Erosion and Profit Shifting (BEPS)) have become the subject of intense public debate in recent years. As a response, several international initiatives and parties have called for more transparency in financial...

Die vorliegende Arbeit wurde von Andrea Gebauer in weiten Teilen während ihrer Tätigkeit als Wissenschaftliche Mitarbeiterin am ifo Institut erstellt und im September 2007 abgeschlossen. Gegenstand der Arbeit ist die seit 2001 festzustellende schwache Entwicklung der deutschen...