Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/25818
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dc.contributor.authorEgger, Peteren_US
dc.contributor.authorLoretz, Simonen_US
dc.contributor.authorPfaffermayr, Michaelen_US
dc.contributor.authorWinner, Hannesen_US
dc.date.accessioned2006-09-06en_US
dc.date.accessioned2009-07-28T08:12:31Z-
dc.date.available2009-07-28T08:12:31Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/25818-
dc.description.abstractThis paper assesses the impact of corporate taxation on multinational activity. A numerically solvable general equilibrium model of trade and multinational firms is used to incorporate the following components of corporate taxation: parent and host country statutory corporate tax rates, withholding tax rates, and parent and host country depreciation allowances. We account for their differential impact under alternative methods of double taxation relief (i.e., credit, exemption, and deduction). The hypotheses regarding the effects of changes in the tax parameters are investigated in a panel of bilateral OECD outbound stocks of foreign direct investment (FDI) from 1991 to 2002. For this, we compile annual information on taxation to construct the largest existing panel of tax parameters at the bilateral level based on national tax law and bilateral tax treaties. Our findings indicate that the parent country's statutory corporate tax rate tends to foster outward FDI, whereas the host country's statutory corporate and withholding tax rates are negatively associated with outward FDI. Depreciation allowances exert a significant impact on FDI, as hypothesized.en_US
dc.language.isoengen_US
dc.publisher|aCenter for Economic Studies and Ifo Institute (CESifo) |cMunichen_US
dc.relation.ispartofseries|aCESifo working paper|x1773en_US
dc.subject.jelH25en_US
dc.subject.jelH73en_US
dc.subject.jelF21en_US
dc.subject.jelF23en_US
dc.subject.jelC33en_US
dc.subject.ddc330en_US
dc.titleCorporate taxation and multinational activityen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn517028859en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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