Arbeitspapier
Source versus residence based taxation with international mergers and acquisitions
This paper analyses tax competition and tax coordination in a model where capital flows occur in the form of mergers and acquisitions, rather than greenfield investment. In this framework, we show that differences in residence based taxes do not necessarily distort international ownership patterns. Moreover, tax competition yields globally efficient levels of source based corporate income taxes if residence based taxes on capital income are absent. In contrast, in the presence of residence based taxes on dividends, source based corporate income taxes are inefficiently high. The widespread view that tax coordination is less urgent if residence based taxes are available may therefore be misguided.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 2854
- Klassifikation
-
Wirtschaft
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
Business Taxes and Subsidies including sales and value-added (VAT)
Multinational Firms; International Business
- Thema
-
corporate taxation
tax competition
mergers and acquisitions
Unternehmensbesteuerung
Ursprungslandprinzip
Übernahme
Fusion
Internationale Kapitalmobilität
Steuerwettbewerb
Körperschaftsteuer
Steuerharmonisierung
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Becker, Johannes
Fuest, Clemens
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Becker, Johannes
- Fuest, Clemens
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2009
Ähnliche Objekte (12)
Tax competition: greenfield investment versus mergers and acquisitions
Corporate tax policy and international mergers and acquisitions: is the tax exemption system superior
Die effektive steuerliche Grenzbelastung von Investitionen: Das GKS-Maß
The taxation of foreign profits: The old view, the new view and a pragmatic view
Die deutsche Steuerquote: Konzeptionelle Fragen und internationaler Vergleich
Tax competition and firm mobility: An assessment of empirical findings
Steuerpolitische Perspektiven der Unternehmensteuerreform 2008
Tax Enforcement and Tax Havens under Formula Apportionment
Optimal tax policy when firms are internationally mobile
Does Germany collect revenue from taxing capital income?
Wie viel Aufkommen kostet die Einführung eines Konsumsteuersystems? Weniger als 1% des BIP
Quality versus quantity: the composition effect of corporate taxation on foreign direct investment
Tax competition: greenfield investment versus mergers and acquisitions
Corporate tax policy and international mergers and acquisitions: is the tax exemption system superior
Die effektive steuerliche Grenzbelastung von Investitionen: Das GKS-Maß
The taxation of foreign profits: The old view, the new view and a pragmatic view
Die deutsche Steuerquote: Konzeptionelle Fragen und internationaler Vergleich
Tax competition and firm mobility: An assessment of empirical findings
Steuerpolitische Perspektiven der Unternehmensteuerreform 2008
Tax Enforcement and Tax Havens under Formula Apportionment
Optimal tax policy when firms are internationally mobile
Does Germany collect revenue from taxing capital income?
Wie viel Aufkommen kostet die Einführung eines Konsumsteuersystems? Weniger als 1% des BIP
Quality versus quantity: the composition effect of corporate taxation on foreign direct investment
Tax competition: greenfield investment versus mergers and acquisitions
Corporate tax policy and international mergers and acquisitions: is the tax exemption system superior
Die effektive steuerliche Grenzbelastung von Investitionen: Das GKS-Maß
The taxation of foreign profits: The old view, the new view and a pragmatic view
Die deutsche Steuerquote: Konzeptionelle Fragen und internationaler Vergleich
Tax competition and firm mobility: An assessment of empirical findings
Steuerpolitische Perspektiven der Unternehmensteuerreform 2008
Tax Enforcement and Tax Havens under Formula Apportionment
Optimal tax policy when firms are internationally mobile
Does Germany collect revenue from taxing capital income?
Wie viel Aufkommen kostet die Einführung eines Konsumsteuersystems? Weniger als 1% des BIP