The impact of nonprofit taxes on foreign direct investment: evidence from German multinationals

被引：18
作者：
Buettner, Thiess [1 ,2 ]
Wamser, Georg [1 ,2 ]
机构：
[1] Ifo Inst, D-81679 Munich, Germany
[2] Univ Munich, Munich, Germany
来源：
INTERNATIONAL TAX AND PUBLIC FINANCE | 2009年 / 16卷 / 03期
关键词：
FDI; Capital input; Location decision; Corporate income taxes; Indirect taxes; Multinational company; UNITED-STATES; LOCATION; PANEL; TAXATION;
D O I：
10.1007/s10797-008-9063-2
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper provides an empirical analysis of the impact of taxes other than profit taxes on both investment and location decisions of multinationals. Besides effects of corporate income taxes, the results confirm significant adverse effects of nonprofit taxes such as property taxes, sales taxes and VAT, and import duties on the level of FDI. However, once country-specific fixed effects are included, most of the effects of nonprofit taxes vanish. This is supported by the analysis of location decisions, where taxes other than corporate income taxes are not found to exert any adverse effects on the location probability in a setting with country-specific fixed effects.
引用
收藏
页码：298 / 320
页数：23
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