Artikel
The effect of double taxation treaties and territorial tax systems on foreign direct investment: Evidence for Spain
The paper evaluates the effect of Double Taxation Treaties (DTTs) on Spain's inward and outward Foreign Direct Investment (FDI) for the period 1993-2013. Estimates produce positive and statistically significant coefficients. However, there are some differences between the inbound and outbound samples, the type of DTT and the group of developed and developing FDI partner countries. Moreover, interpretation of results differs depending on the fixed or random effects estimation technique used. The paper also analyses the effect on FDI of the rules agreed in DTTs and applied by the investors' residence country in order to correct international double taxation. The authors conclude that the tax saving derived from the application by Spain of the territorial system is positively related to investment from this country to abroad. However, the tax saving provided by the application by the partner countries of the territorial system does not have a significant effect on the investment of these countries into Spain.
- Language
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Englisch
- Bibliographic citation
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Journal: Economics: The Open-Access, Open-Assessment E-Journal ; ISSN: 1864-6042 ; Volume: 13 ; Year: 2019 ; Issue: 2019-22 ; Pages: 1-33 ; Kiel: Kiel Institute for the World Economy (IfW)
- Classification
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Wirtschaft
International Investment; Long-term Capital Movements
Multinational Firms; International Business
Economic Impacts of Globalization: Policy
Business Taxes and Subsidies including sales and value-added (VAT)
Fiscal Policies and Behavior of Economic Agents: Firm
International Fiscal Issues; International Public Goods
- Subject
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foreign direct investment
double taxation treaty
territorial tax system
Spain
- Event
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Geistige Schöpfung
- (who)
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Castillo-Murciego, Ángela
López-Laborda, Julio
- Event
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Veröffentlichung
- (who)
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Kiel Institute for the World Economy (IfW)
- (where)
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Kiel
- (when)
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2019
- DOI
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doi:10.5018/economics-ejournal.ja.2019-22
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Castillo-Murciego, Ángela
- López-Laborda, Julio
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2019
Other Objects (12)
The effect of Double Taxation Treaties and Territorial Tax Systems on Foreign Direct Investment: Evidence for Spain
The effect of Double Taxation Treaties and Territorial Tax Systems on Foreign Direct Investment : Evidence for Spain
The effect of double taxation treaties and territorial tax systems on foreign direct investment : Evidence for Spain
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The effect of Double Taxation Treaties and Territorial Tax Systems on Foreign Direct Investment: Evidence for Spain
The effect of Double Taxation Treaties and Territorial Tax Systems on Foreign Direct Investment : Evidence for Spain
The effect of double taxation treaties and territorial tax systems on foreign direct investment : Evidence for Spain
The effect of double taxation treaties and territorial tax systems on foreign direct investment: evidence for Spain
The WTO and other non-tax treaties : aspects of Taxation
Corporate income tax competition, double taxation treaties, and foreign direct investment
Treaties between China and Spain
Tax treaties and EC law
International treaties insufficiently curb global tax evasion
International treaties insufficiently curb global tax evasion
On the relevance of double tax treaties
Tax treaties worldwide: Estimating elasticities and revenue foregone
The effect of Double Taxation Treaties and Territorial Tax Systems on Foreign Direct Investment: Evidence for Spain
The effect of Double Taxation Treaties and Territorial Tax Systems on Foreign Direct Investment : Evidence for Spain
The effect of double taxation treaties and territorial tax systems on foreign direct investment : Evidence for Spain
The effect of double taxation treaties and territorial tax systems on foreign direct investment: evidence for Spain
The WTO and other non-tax treaties : aspects of Taxation
Corporate income tax competition, double taxation treaties, and foreign direct investment
Treaties between China and Spain
Tax treaties and EC law
International treaties insufficiently curb global tax evasion
International treaties insufficiently curb global tax evasion
On the relevance of double tax treaties