In July 2013 the OECD, to tackle multinational tax avoidance, published its Action Plan against base erosion and profit shifting. The Action Plan suggests a variety of legislative and administrative measures to eliminate frictions from interactions between domestic tax laws and international tax...

Due to data restrictions, empirical tax research commonly relies on database-driven methods as a means of identifying firms' tax loss carry-forward (TLCF) status. Employing a panel of listed Italian parent companies, I am the first to empirically examine the accuracy of database-driven methods...

We examine how a comprehensive change in book-tax conformity affects firms' reporting behavior. To this end, we exploit a Reform Act as a quasi-natural experiment which implied a decrease in book-tax conformity in Germany in 2010. In particular, this reform allows firms to exercise tax...

One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...

This paper aims to provide a thorough theoretical formalisation of the ‘slippery slope’ framework in order to highlight the effects and the macroeconomic implications of the dynamics between power and trust. In particular, the proposed model is able to differentiate between coercive and...

An increasing fraction of donations is channeled through donation intermediaries. These entities serve multiple purposes, one of which seems to be providing donors with greater certainty: that the donation reaches its intended goal, and that the donor may be sure to get a tax benefit. We...

The objective of this study is to analyze some of the factors that influence the process of internationalization of Brazilian civil society as a partner for economic and social development in other countries, from the experience of the Non-Governmental Development Organization (NGDO) Viva Brazil...

Most governments of the Central and East European countries adopted in 1990s tax measures for a support of foreign direct investments. Such measures usually include 10-year tax holidays and exemption from import duties. They are mostly accompanied by grants for building an infrastructure and...

I examine the influence of cross-border group taxation on ownership chains for European multinational firms. I show that the tax advantages of cross-border group taxation regimes can only be exploited if a multinational firm has at least one intermediate subsidiary in the country allowing for...

Der klimapolitische Handlungsdruck hat eine Instrumentendiskussion entfacht. So plausibel die Forderung nach CO2-Bepreisung der Energieträger zu sein scheint, so heterogen ist das Spektrum möglicher Regelungsansätze. Die Vielzahl wirtschaftspolitischer Empfehlungen hat den Rechtsrahmen, in...