@techreport{Niemann2005Group,
abstract = {In 2005, Austria modified its group taxation regime and now provides an option for crossborder
loss-offset. We analyse the combined impact of Austria's new group taxation and lossoffset
limitations on cross-border investment decisions of domestic corporations. Monte Carlo
simulations in an inter-temporal setting reveal that the impact on foreign real investment
induced by the new group taxation is ambiguous. Whereas marginal investment projects with
decreasing cash flows tend to benefit from group taxation, innovative projects with initial
losses and increasing cash flows may be discriminated against. Investors should consider
domestic income and repatriation policy simultaneously before opting for group taxation.},
author = {Rainer Niemann and Corinna Treisch},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {H25; G31; 330; group taxation; investment decisions; Monte Carlo simulations; international taxation; loss-offset rules; Konzern; Unternehmensbesteuerung; Steuerbeg\"{u}nstigung; Multinationales Unternehmen; Steuerwirkung; Direktinvestition; Theorie; \"{O}sterreich},
language = {eng},
number = {1506},
title = {Group taxation, asymmetric taxation and cross-border investment incentives in Austria},
type = {CESifo working papers},
url = {http://hdl.handle.net/10419/18970},
year = {2005}
}
