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Amberger, Harald - 2017

I examine whether and to what extent tax uncertainty affects a firm's dividend payouts. Based on the argument that tax … uncertainty exhibit a lower probability of dividend payouts. The effect of tax uncertainty is stronger in the presence of … negative effect of tax uncertainty on dividend levels, which is moderated by the costs of dividend reductions. These results …

Persistent link: https://www.econbiz.de/10011747298

The effects of a tax allowance for growth and investment : empirical evidence from a firm-level analysis

Petutschnig, Matthias; Rünger, Silke - 2017

We contribute to the empirical literature on the debt bias of corporate income taxation through a firm-level evaluation of the European Commission's recent proposal of an Allowance for Growth and Investment (AGI). We use the introduction, the application and the repeal of a similar allowance in...

Persistent link: https://www.econbiz.de/10011747429

Tax misperception and its effects on decision making : a literature review

Blaufus, Kay; Chirvi, Malte; Huber, Hans-Peter; … - 2020

Previous accounting research shows that taxes affect decision making by individuals and firms. Most studies assume that agents have an accurate perception regarding their tax burden. However, there is a growing body of literature analyzing whether taxes are indeed perceived correctly. We review...

Persistent link: https://www.econbiz.de/10012302155

An attempt at evaluating the effect of tax morale on tax evasion

Kisters, Tom - 2022

Although there is ample research on what affects tax morale, empirical evidence that tax morale affects tax evasion is scarce. The reason for this scarcity, is the difficulty to connect a measure of tax morale to a reliable proxy of tax evasion. The primary contribution, is that I identify an...

Persistent link: https://www.econbiz.de/10012801819

Do investors request advance tax rulings to alleviate tax risk (and do tax authorities provide them)? : a joint taxpayers' and tax authorities' view on investment behavior

Diller, Markus; Kortebusch, Pia; Schneider, Georg; … - 2014

Politicians and tax practitioners often claim that tax uncertainty negatively affects investment. In many countries, firms can request fee-based Advance Tax Rulings (ATRs) to mitigate tax uncertainty. We analyze theoretically the circumstances under which investors request ATRs, how tax...

Persistent link: https://www.econbiz.de/10010422137

Can tax rate increases foster investment under entry and exit flexibility? : insights from an economic experiment

Fahr, René; Janssen, Elmar A.; Sureth, Caren - 2014

It is well-known that taxes affect risky investment decisions. Analytical studies indicate that tax rate increases can foster (accelerate) investment if there is flexibility, in particular when an exit option is available. We design an experiment that is based on an analytical model with...

Persistent link: https://www.econbiz.de/10010422257

Impact of capital gains taxation on the holding period of investments under different tax systems

Hegemann, Annika; Kunoth, Angela; Rupp, Kristina; … - 2015

An investment that is characterized by exit flexibility requires both decisions on investment and holding period. As selling an investment often leads to tax-liable capital gains and capital gains crucially depend on the duration of an investment we investigate the impact of capital gains...

Persistent link: https://www.econbiz.de/10011334131

Evolutionary tax competition with formulary apportionment

Wagener, Andreas - 2017

Evolutionary stability is a necessary condition for imitative dynamics of policy learning and innovation to come to a rest. We apply this concept to proﬁt tax competition in a regime where a common and consolidated proﬁt tax base for multi-jurisdictional ﬁrms is divided among governments...

Persistent link: https://www.econbiz.de/10011798988

Repatriation taxes and internal agency conflicts and subsidiary-level investment efficiency

Amberger, Harald; Markle, Kevin S.; Samuel, David M. P. - 2019

Using a global sample of multinational corporations (MNCs) and their foreign subsidiaries, we find that repatriation taxes impair subsidiary-level investment efficiency. Consistent with internal agency conflicts between the central management of the MNC and the manager of the foreign subsidiary...

Persistent link: https://www.econbiz.de/10011922836

Patent concentration, asymmetric information, and tax-motivated income shifting

Amberger, Harald; Osswald, Benjamin - 2020

We study the relation between patent concentration and tax-motivated income shifting. Using affiliate-level data for European multinational corporations (MNCs) and employing the relative share of patents held by an MNC as a measure for patent concentration, we predict and find that tax-motivated...

Persistent link: https://www.econbiz.de/10012302070