This Working Paper assesses the impact on investment of a reduction in corporate taxes and the impact on employment … (1967), we estimate an investment function, which depends on the user cost of capital, one of whose determinants is the … short and long-term effects on investment in machinery and equipment. While the user cost of capital declines 0.9 percent …

taxes may thus change the investment behavior of firms. Using an international panel with many changes in payout taxes, we … show that this prediction holds well. Payout taxes have a large impact on the dynamics of corporate investment and growth …. Investment is "locked in" in profitable firms when payout is heavily taxed. Thus, apart from any aggregate effects, payout taxes …

there are no perfect substitutes for equity finance, payout taxes may therefore have an effect on the investment of firms …. High taxes will favor investment by firms who can finance internally. Using an international panel with many changes in … investment and growth. Investment is “locked in” in profitable firms when payout is heavily taxed. Thus, apart from any level …

modelling many key features of corporate tax regimes, including multinational profit shifting, investment decisions, loss … capital, which on average falls across the EU, boosting investment, and therefore driving the increase in GDP. Second, C … harmonised tax base, because it more directly impacts the marginal investment decision. Reducing profit shifting slightly lowers …

The empirical literature that seeks to measure the effective tax rate on new investment offers a striking paradox. On … the one hand, summary measures of the effective tax rate on new investment are normally quite high. On the other hand, the … tax rate on new investment. It is much more robust than the standard measures, such as King-Fullerton marginal effective …