Egger, Peter; Merlo, Valeria; Wamser, Georg - 2014
profit taxes is inherently unobservable to the researcher. To address this problem, we use a finite mixture modeling approach … find that investments of tax avoiders do not respond to host-country profit taxes at all, while those of non-avoiders do … profit tax rate of a host country is found to reduce the fixed assets of non-avoiders in that host country by 0.81%. …