In recent years, faced simultaneously with high rates of unemployment and inflation, several countries--mainly in the industrialized world--adopted various types of temporary marginal wage subsidies, which are provided to employers to offset a portion of wage payments to workers who would...

This article reviews the literature on the role of taxation in the principal decisions of the multinational enterprise. After examining the theoretical explanations of the behavior of the multinational firm as well as the present tax treatment of income and remittances from direct foreign...