Jacob, Martin; Müller, Maximilian A.; Wulff, Thorben - In: Contemporary Accounting Research 40 (2023) 4, pp. 2785-2815
Using granular gas price data and rich variation in corporate tax rates, we find that corporate taxes increase consumer … prices. About 64% of the corporate tax is borne by consumers. The effect is stronger when firms have limited access to tax … planning opportunities, face stricter tax enforcement, or when consumer demand is less elastic. Taxes also reduce the number of …