A central message of the tax competition literature is that independent governments engage
in wasteful competition for scarce capital through reductions in tax rates and public …

Aim of the present monograph is the economic analysis of the role of MNEs regarding
globalisation and digital economy and in parallel there is a reference and examination of …

The paper analyses optimal taxation of corporate profits when governments can choose
both the rate and the base of the corporation tax, but are constrained to collect a given …

Financial and real investment flexibility, tax competition, and superior economic information
by transnationals both create a rationale for corporate income taxation and limit the …

Fiscal competition between governments to attract investment can take the form of business
tax rebates, productivity-enhancing public infrastructure, tax holidays, accelerated …

We analyze a sequential game between two symmetric countries when firms can invest in a
multinational structure that confers tax savings. Governments are able to commit to long-run …

Two jurisdictions compete to attract shares of the investment budget of a large multinational
enterprise, whose investments confer positive spillovers on national firms. The firm has …

This paper analyzes the implications of foreign firm ownership and international profit
shifting through thin capitalization for corporate tax policy. We consider a model of …

The standard tax theory result that investment should not be distorted is based on the
assumption that profits are locally bound. In this paper, we analyze the optimal tax policy in a …

This paper examines empirically whether governments behave strategically when setting
corporate tax rates and tax bases, and—if so—how they react to changes in other countries' …