Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5067583 | European Economic Review | 2006 | 22 Pages |
Abstract
Foreign ownership allows countries to effectively export part of their corporate tax burden. Hence, countries with high foreign ownership are expected to impose relatively high corporate taxes. The findings of this paper suggest that there indeed is an economically significant positive relationship between foreign ownership and tax burdens in Europe. Already significant foreign ownership levels in Europe offer an explanation for the absence of a 'race to the bottom' in corporate tax levels.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Harry Huizinga, Gaëtan Nicodème,