location for an affiliate of a multinational firm. In particular, we distinguish between the tax sensitivity of Greenfield and … M&A investments. Based on a novel firm-level dataset on German outbound FDI, we find evidence that location decisions of … M&A investments are less sensitive to differences in tax rates than location decisions of Greenfield investments …

efficiency of the fiscal competition between the region’s constituent countries for a new FDI project. If incumbent firms are … owned entirely within the host region, then the new plant’s location will be efficient. However, when incumbent firms are …

difference in firm performance by modes of FDI entry. If this is the case, there is no reason to prefer other modes of entry over … FDI entry, on which government tax incentives are based. This paper corrects for this, reclassifying the modes of entry … there are indeed no significant differences between greenfield, M&A and P&A in terms of corporate performance (measured by …

investment (FDI). Using a unique dataset which allows us to observe the worldwide activities of a large panel of multinational …, compared with the unrestricted case, in the presence of a typical thin-capitalization rule, the tax-rate sensitivity of FDI is … level of FDI in high-tax countries. Regulations of transfer pricing, however, are not found to exert significant effects on …

cross-border location decisions. In accordance with Devereux and Griffith (1998) we find that the marginal tax rate has no … predictive power for location decisions whereas effective average and statutory tax rates exert significant effects. In … particular, the statutory tax rate has strong predictive power for the likelihood of direct investment holdings at a location …

cross-border location decisions. In accordance with Devereux and Griffith (1998) we find that the marginal tax rate has no … predictive power for location decisions whereas effective average and statutory tax rates exert significant effects. In … particular, the statutory tax rate has strong predictive power for the likelihood of direct investment holdings at a location …

This paper investigates whether different types of FDI are asymmetrically affected by corporate taxation. We classify … investment projects according to several characteristics such as the general motivation for FDI, the type of business activity … effects: vertically integrated investments are more sensitive to host-country taxation than horizontal FDI; larger taxrate …

investment (FDI). Using a unique dataset which allows us to observe the worldwide activities of a large panel of multinational …, compared with the unrestricted case, in the presence of a typical thin-capitalization rule, the tax-rate sensitivity of FDI is … level of FDI in high-tax countries. Regulations of transfer pricing, however, are not found to exert significant effects on …

investment (FDI). Using a unique dataset which allows us to observe the worldwide activities of a large panel of multinational …, compared with the unrestricted case, in the presence of a typical thin-capitalization rule, the tax-rate sensitivity of FDI is … level of FDI in high-tax countries. Regulations of transfer pricing, however, are not found to exert significant effects on …

This paper investigates whether different types of FDI are asymmetrically affected by corporate taxation. We classify … investment projects according to several characteristics such as the general motivation for FDI, the type of business activity … effects: vertically integrated investments are more sensitive to host-country taxation than horizontal FDI; larger taxrate …