Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/191672 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
Munich Discussion Paper No. 2018-6
Verlag: 
Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät, München
Zusammenfassung: 
We provide a new explanation why effective tax rates are smaller for larger firms even in the absence of common channels like profit shifting and lobbying. This result emerges in a heterogeneous firms model with endogenous mark-ups. Our framework features imperfect tax pass-through into prices and partial deductibility of production costs. Corporate taxes reduce mark-ups and hence pre-tax profits, especially for high cost firms. As production costs are only partially deductible, high cost producers are affected most by taxes. We further show that shocks which affect mark-ups through competition, like globalization, reinforce the heterogeneity in effective tax rates across firms.
Schlagwörter: 
Heterogeneous firms
Corporate taxation
Effective tax rate
Linear demand
Endogenous mark-ups
JEL: 
H25
F12
L11
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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