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The Taxation of Entrepreneurial Income in a Transition Economy: Issues Raised by Experience in Poland

MEP, Grabowski; Maciej, Dariusz; Smith, Stephen - C.E.P.R. Discussion Papers - 1995

This paper considers the taxation of small business and entrepreneurial incomes in Poland. In both transition economies … and existing West European market economies, the efficient taxation of entrepreneurial incomes presents particular … to the taxation of entrepreneurs in transition economies. …

Persistent link: https://www.econbiz.de/10005656322

Thin Capitalization Rules and Multinational Firm Capital Structure

Blouin, Jennifer; Huizinga, Harry; Laeven, Luc; … - C.E.P.R. Discussion Papers - 2014

This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital structure of the foreign affiliates of US multinationals. We construct a new data set on thin capitalization rules in 54 countries for the period 1982-2004. Using confidential...

Persistent link: https://www.econbiz.de/10011083337

Effective Corporate Taxation, Tax Incidence and Tax Reforms: Evidence from OECD Countries

Barrios, Salvador; Nicodème, Gaëtan; Fuentes, Sanchez; … - C.E.P.R. Discussion Papers - 2014

The present study provides estimates of the Effective Marginal Tax Rates (EMTRs) for a sample of 17 OECD countries and 11 manufacturing sectors in a single framework encompassing capital, labour and energy taxes. Our cross-country/cross-sector approach allows us comparing the incentives provided...

Persistent link: https://www.econbiz.de/10011083944

Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium

Chisari, Omar; Estache, Antonio; Nicodème, Gaëtan - C.E.P.R. Discussion Papers - 2013

This paper assesses the effects of applying VAT or a sales tax on (intermediate or final) sales of the financial sector. It uses a CGE Model calibrated for a small open economy. It highlights the differentiated sectoral and redistributional effects of these taxes and shows the importance of the...

Persistent link: https://www.econbiz.de/10011084284

Agglomeration Economies, Taxable Rents, And Government Capture: Evidence From A Place-Based Policy

Brülhart, Marius; Simpson, Helen - C.E.P.R. Discussion Papers - 2015

We study how industry-level agglomeration economies affect government policy. Using administrative data on firm subsidies in economically lagging regions of Great Britain, we test two alternative hypotheses. Economic geography models imply that firms at an industry’s core can sustain higher...

Persistent link: https://www.econbiz.de/10011272712

International Profit Shifting within European Multinationals

Huizinga, Harry; Laeven, Luc - C.E.P.R. Discussion Papers - 2007

The conduct of business activities in two or more countries creates opportunities for international profit shifting, while international tax rate differences create incentives. Using detailed information on both multinational firm structure and the international tax system, this paper examines...

Persistent link: https://www.econbiz.de/10005504561

International Taxation and the Direction and Volume of Cross-Border M&As

Huizinga, Harry; Voget, Johannes - C.E.P.R. Discussion Papers - 2006

extent the newly created multinational firm is subject to international double taxation. This paper presents evidence that … taxation. The number of acquiring firms at the national level similarly reflects international double taxation. The evidence … suggests that tax policy in the form of lower tax rates or the elimination of residence-based worldwide taxation attracts …

Persistent link: https://www.econbiz.de/10005788872

Tax Competition and the International Distribution of Firm Ownership: An Invariance Result

Ferrett, Ben; Wooton, Ian - C.E.P.R. Discussion Papers - 2006

Intuition suggests that the international distribution of firm ownership ought to affect tax/subsidy competition for mobile plants. One might expect that the greater the share of a firm owned within a potential host country that offers a relatively profitable production location, the more that...

Persistent link: https://www.econbiz.de/10005788936

Exports, Foreign Direct Investment and the Costs of Coporate Taxation

Keuschnigg, Christian - C.E.P.R. Discussion Papers - 2006

Depending on the definition of the tax base, the statutory corporate tax rate implies rather different measures of effective average and marginal tax rates. This paper develops a model of a monopolistically competitive industry with extensive and intensive business investment and shows how these...

Persistent link: https://www.econbiz.de/10005788989

The Tobacco Deal

Bulow, Jeremy I.; Klemperer, Paul - C.E.P.R. Discussion Papers - 1999

We analyse the major economic issues raised by the 1997 Tobacco Resolution and the ensuing proposed legislation that were intended to settle tobacco litigation in the United States. By settling litigation largely in return for tax increases, the Resolution was a superb example of a "win-win"...

Persistent link: https://www.econbiz.de/10005791442