Affiliation:
1. 1WHU-Otto Beisheim School of Management
2. 2Eberhard Karls Universität Tübingen
Abstract
AbstractThis paper investigates whether countries in the EU finance low tax rates by restrictive loss offset rules. As effects from intertemporal loss offset rules are difficult to anticipate, restrictions only marginally affect overall investments. In contrast, tax rates have a significant bearing on investment decisions. Therefore, the combination of low tax rates with restrictive loss offset rules can increase investments without affecting the tax revenue. Our analysis for the EU reveals that countries with low tax rates restrict loss offset possibilities while “high tax” countries allow an unlimited loss carryforward or even a loss carryback.
Subject
Political Science and International Relations,Geography, Planning and Development
Reference27 articles.
1. Tax incentives and the Location of FDI: Evidence from a Panel of German multinationals;Büttner;International Tax and Public Finance,2007
2. Business Taxation in a Globalized World;Devereux;Oxford Review of Economic Policy,2008
3. Schwedische Direktinvestitionen in Deutschland und Österreich - Eine empirische Untersuchung der „gefühlten Steuerbelastung;Dietrich;Perspektiven der Wirtschaftspolitik,2008
4. Zur Bewertung von Verlustvorträgen;Drukarczyk;Deutsches Steuerrecht,1997
5. Eichfelder , S. M. Schorn 2009 Tax Compliance Costs: A Business Administration Perspective
Cited by
5 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献