Devereux, Michael P.; Lockwood, Ben; Redoano, Michela - 2021
This paper studies whether exchange controls, particularly on the capital account, affect the choice of corporate tax … dataset with several different measures of the corporate tax rate calculated from the actual parameters of the tax systems …, as well as the levels of tax they choose. We find some evidence that (1) the level of a country`s tax, other things equal …