Research Catalog
The effects of taxation on multinational corporations
- Title
- The effects of taxation on multinational corporations / edited by Martin Feldstein, James R. Hines, Jr., and R. Glenn Hubbard.
- Publication
- Chicago : University of Chicago Press, [1995], ©1995.
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| Status | Format | Access | Call Number | Item Location |
|---|---|---|---|---|
| Text | Request in advance | HD2753.A3 E33 1995 | Off-site |
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Details
- Additional Authors
- Description
- ix, 324 pages : illustrations; 24 cm.
- Summary
- The tax rules of the United States and other countries have intended and unintended effects on the operations of multinational corporations, influencing everything from the formation and allocation of capital to competitive strategies. The growing importance of international business has led economists to reconsider whether current systems of taxing international income are viable in a world of significant capital market integration and global commercial competition.
- This volume examines the effect of tax policy on international investment choices by presenting in-depth analyses of the interaction of international tax rules and the investment decisions of multinational enterprises.
- Ten papers assess the role of investment by multinational firms in the U.S. economy and the design of international tax rules for multinational investment; analyze channels through which international tax rules affect the costs of international business activities; and examine ways in which international tax rules affect financing decisions of multinational firms. As a group, the papers demonstrate that international tax rules have significant effects on firms' investment and other financing decisions.
- . This state-of-the-art volume will be of interest to researchers in public finance and international economics and to policymakers concerned with tax policy and international investment issues.
- Series Statement
- A National Bureau of Economic Research project report
- Uniform Title
- National Bureau of Economic Research project report.
- Subjects
- Note
- Papers presented at a conference held in January 1994.
- Bibliography (note)
- Includes bibliographical references and indexes.
- Contents
- Introduction / Martin Feldstein, James R. Hines, Jr. and R. Glenn Hubbard -- 1. Outward Direct Investment and the U.S. Economy / Robert E. Lipsey -- Comment / S. Lael Brainard -- 2. The Effects of Outbound Foreign Direct Investment on the Domestic Capital Stock / Martin Feldstein -- Comment / Kenneth A. Froot -- 3. Why Is There Corporate Taxation in a Small Open Economy? The Role of Transfer Pricing and Income Shifting / Roger H. Gordon and Jeffrey K. MacKie-Mason -- Comment / T. Scott Newlon -- 4. The Impact of International Tax Rules on the Cost of Capital / Joosung Jun -- Comment / Joel Slemrod -- 5. The Tax Sensitivity of Foreign Direct Investment: Evidence from Firm-Level Panel Data / Jason G. Cummins and R. Glenn Hubbard -- Comment / David G. Hartman -- 6. The Alternative Minimum Tax and the Behavior of Multinational Corporations / Andrew B. Lyon and Gerald Silverstein -- Comment / Alan J. Auerbach --
- 7. Accounting Standards, Information Flow, and Firm Investment Behavior / Jason G. Cummins, Trevor S. Harris and Kevin A. Hassett -- Comment / G. Peter Wilson -- 8. Taxes, Technology Transfer, and the R&D Activities of Multinational Firms / James R. Hines, Jr. -- Comment / Adam B. Jaffe -- 9. Do Repatriation Taxes Matter? Evidence from the Tax Returns of U.S. Multinationals / Rosanne Altshuler, T. Scott Newlon and William C. Randolph -- Comment / William M. Gentry -- 10. Interest Allocation Rules, Financing Patterns, and the Operations of U.S. Multinationals / Kenneth A. Froot and James R. Hines, Jr. -- Comment / Julie H. Collins.
- ISBN
- 0226240959
- LCCN
- 95006344
- OCLC
- ocm32050964
- Owning Institutions
- Columbia University Libraries