A consolidated filing of corporate income tax may induce firms to manipulate ownership interests in subsidiaries but no study has systematically examined such behavioral responses. This paper examines empirically inclusions/exclusions of subsidiaries to/from consolidation groups in a...

The Italian Government has introduced significant changes to the tax treatment of capital gains and other financial incomes. The new fiscal framework will impact on Italian financial markets in 2012 influencing investors’ choices.

This paper aims to analyze the impact of applying for an advance tax ruling and of examining complex tax issues with the help of an external consultant, on the investor's decision to invest when the environment is uncertain. Using decision theory, we first determine the maximum fee an investor...

We apply conjoint analysis to study the influence of tax labeling and tax earmarking on German taxpayers' willingness to contribute. From a survey based sample we show that labeling and earmarking effects can substantially increase participants' willingness to contribute, which results in a...

This paper provides empirical evidence of the heterogeneous borrowing behaviours of French regions, despite a common accountability constraint that forces them to balance their budget and to borrow only to finance investment expenditure (golden rule). To this end, we conduct a quantile...

Bei der Besteuerung nicht oder nur begrenzt handelbarer Dienstleistungen (wie z.B. lokale Postdienstleistungen) entfällt der Anpassungsdruck des internationalen Steuerwettbewerbs weitgehend, sodass etwaige Wettbewerbsverzerrungen insbesondere zwischen verschiedenen inländischen...

Even with all the current debates on the harmonization of corporate income taxes within the European Union, the EU countries continue to support their own national corporate income taxes. Still, the growing integration of economic activity is placing bigger and bigger pressures on this problem,...

The change in taxation for Italian mutual funds establishes a level playing field among European products but introduces complexities in making a choice between mutual funds and pension funds (still taxed with maturity method), suggesting the necessity of a similar reform for pension funds taxation.

In this paper we apply conjoint analysis to study the influence of changes in the tax rate and the tax base on the perceived tax burden. Our results show that the majority of individuals do not make rational tax decisions based on the actual tax burden, but rather use simple decision heuristics....

Najčastejšie používanou formou výmeny informácií, ktoré súvisia s určitým daňovým prípadom, je výmena informácií medzi kompetentnými orgánmi na základe žiadosti niektorej zo zainteresovaných strán. Avšk pri daňovej kontrole môže správca dane v jednom zmluvnom štáte...