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Mardan, Mohammed - 2020

This paper analyzes the optimal tax system consisting of the tax rate and the capacity of the tax administration. I challenge the conventional wisdom that tax rates and tax administrations' capacity are complements showing that their relationship depends on a country's level of development....

Persistent link: https://www.econbiz.de/10012846675

Centralized vs. De-Centralized Multinationals and Taxes

Nielsen, Soren Bo - 2006

The paper examines how country tax differences affect a multinational enterprise's choice to centralize or de-centralize its decision structure. Within a simple model that emphasizes the multiple conflicting roles of transfer prices in MNEs - here, as a strategic pre-commitment device and a tax...

Persistent link: https://www.econbiz.de/10012783579

Incentives to create jobs: Regional subsidies, national trade policy and foreign direct investment

Adams, Laurel; Régibeau, Pierre; Rockett, Katharine - In: Journal of Public Economics 111 (2014) C, pp. 102-119

A national authority wishes to attract foreign direct investment (FDI) to create local jobs. We analyse the optimal national trade policy when local authorities might offer subsidies to convince a multi-national enterprise (MNE) to invest in their jurisdiction. With centralised decision-making...

Persistent link: https://www.econbiz.de/10010744249

The effect of repatriation tax costs on U.S. multinational investment

Hanlon, Michelle; Lester, Rebecca; Verdi, Rodrigo - In: Journal of Financial Economics 116 (2015) 1, pp. 179-196

This paper investigates whether the U.S. repatriation tax for U.S. multinational corporations affects foreign investment. Our results show that the locked-out cash due to repatriation tax costs is associated with a higher likelihood of foreign (but not domestic) acquisitions. We also find a...

Persistent link: https://www.econbiz.de/10011263120

The effect of foreign cash holdings on internal capital markets and firm financing

De Simone, Lisa; Lester, Rebecca - 2018

Prior to 2018, U.S. repatriation taxes motivated companies to retain cash offshore. Using confidential jurisdiction-specific data from the Bureau of Economic Analysis, we find that firms with high tax-induced foreign cash have approximately 3.3 percent higher domestic liabilities relative to...

Persistent link: https://www.econbiz.de/10011980274

Money for nothin' - digitalization and fluid tax bases

Blix, Mårten; Bustos, Emil - 2020

effects of taxation will become more severe and that tax bases will erode. As factors of production are becoming more fluid …

Persistent link: https://www.econbiz.de/10012161504

Simplifying Federal Taxes : The Advantages of Consumption-Based Taxation

Edwards, Chris - 2009

. Meanwhile, the congressional Joint Committee on Taxation released a 1,300-page study cataloging the excessive complexity of … national retail sales tax and the Hall-Rabushka flat tax, could dramatically simplify federal taxation. Those tax systems would … eliminate many of the most complex aspects of federal taxation, including depreciation accounting and capital gains taxation …

Persistent link: https://www.econbiz.de/10014204624

Calibrating the Reliability of Publicly Available Nonprofit Taxable Activity Disclosures : Comparing IRS 990 and IRS 990-T Data

Badertscher, Brad A.; Yetman, Michelle; Yetman, Robert J. - 2014

The topic of nonprofit commercialization has received increased attention from various groups including donors, regulators, and researchers. Perhaps the most commercial of all activities undertaken by nonprofits are those considered to be so far removed from an organization's exempt mission that...

Persistent link: https://www.econbiz.de/10014218305

Lobbying and Taxes

Richter, Brian Kelleher; Samphantharak, Krislert; … - 2011

Lobbying dominates corporate political spending, but comprehensive studies of the benefits accrued are scarce. Using a dataset of all US firms with publicly available financial statements, we delve into the tax benefits obtained from lobbying. Firms that spend more on lobbying in a given year...

Persistent link: https://www.econbiz.de/10014221138

A National Tax Bar : An End to the Attorney-Accountant Tax Turf War

Black, Katherine D.; Black, Steve - 2009

Our system of federal taxes is a set of laws, enacted by Congress and signed by the President. The practice of tax law is generally the practice of law. So why are the non-lawyers the ones practicing in this field? This article examines the regulation of the practice of law, including the...

Persistent link: https://www.econbiz.de/10014222894