companies to reduce subnational corporate taxes in Canada. A simple theoretical model shows how interjurisdictional tax planning … suggests income shifting has pronounced effects on provincial tax bases in Canada. According to our preferred estimate, the …

companies to reduce subnational corporate taxes in Canada. A simple theoretical model shows how interjurisdictional tax planning … records suggests income shifting has pronounced effects on provincial tax bases in Canada. According to our preferred estimate …

companies to reduce subnational corporate taxes in Canada. A simple theoretical model shows how interjurisdictional tax planning … records suggests income shifting has pronounced effects on provincial tax bases in Canada. According to our preferred estimate …

-tax country induces bunching. Such bunching promotes investment incentives in the low-tax as well as the high-tax country. In … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit … investment incentives and transfer pricing induces inefficiently low taxes. …

; multinational enterprises ; discrete investment …

, centralization of investment decisions has the potential of welfare improvement. It can lead to an increase in private and public … investment and enhances transitory growth. …