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This paper highlights the importance of different investment motives and to what extend they affect the responsiveness … to corporate taxation. In particular, we discuss how to classify investment as non-related, horizontal, vertical and … this, we examine the effects of host-country corporate taxation on the volume of investment within related firms (i.e., the …
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This article discusses the effects of an asymmetric tax scheme on incremental and sequential investment strategies. The …
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This article discusses the effects of corporate tax asymmetries under investment irreversibility. We introduce a tax …
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This article compares an ACE system with a CBIT system in an open economy. Using a realoption approach we show that, if a firm can decide when to invest, a tradeoff is found. According to traditional wisdom, a high-income firm investing in an ACE system faces a heavier tax burden at each...
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We study externality costs of capital investment under limited commitment. We solve for the constrained efficient … allocation with a limited commitment environment and find positive externality costs of capital investment provided that full …-risk-sharing is not feasible. In a decentralized version of limited commitment environment, a one unit increase of capital investment …
Persistent link: https://www.econbiz.de/10012993121