کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
969989 | 1479460 | 2013 | 11 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Special tax regimes and the choice of organizational form: Evidence from the European Tonnage Taxes Special tax regimes and the choice of organizational form: Evidence from the European Tonnage Taxes](/preview/png/969989.png)
Tax systems often discriminate among the various organizational forms of doing business and may therefore affect the choice of organizational form. This paper studies how special tax regimes shape the organizational form choice. Although the full effects depend on the way that firm-level special tax regimes are designed, special regimes generally tend to favor pass-through firms over non-pass-through firms. The tonnage tax, a tax incentive for international shipping firms available in many countries worldwide, is examined to understand these effects. Employing European firm- and country-level data, the impact of the tonnage tax on organizational form choice is studied empirically. The results are consistent with the theoretical model. Shipping firms are less likely to incorporate if the tonnage tax is also available for firms that have adopted pass-through organizational forms.
► I study how special tax regimes shape the organizational form choice.
► I show in a simple theoretical model that special tax regimes generally tend to favor pass-through firms over non-pass-through firms.
► The tonnage tax, an incentive for shipping firms, is examined to understand these effects.
► Employing European data, the impact of the tonnage tax on organizational form choice is studied empirically.
► Shipping firms are less likely to incorporate if the tonnage tax is also available for pass-through firms.
Journal: Journal of Public Economics - Volume 97, January 2013, Pages 206–216