Please use this identifier to cite or link to this item:
http://hdl.handle.net/2445/116976
Title: | Corporate tax competition between firms |
Author: | Loretz, Simon Moorey, Padraig J. |
Keywords: | Econometria Anàlisi espacial (Estadística) Competència (Dret) Jurisdicció Econometrics Spatial analysis (Statistics) Competent authority Jurisdiction |
Issue Date: | 2009 |
Publisher: | Institut d’Economia de Barcelona |
Series/Report no: | [WP E-IEB09/19] |
Abstract: | Firms' tax planning decisions, similar to their other operational decisions, are made in a competitive environment. Various stakeholders observe the tax payments and evaluate these against the relevant peer group, which creates interdependencies in the tax planning activities of firms. Introducing the concept of reputational loss we show the positive interdependence in a theoretical model and test it in a spatial econometric model. Empirical evidence suggests that benchmarking takes place both within countries and within industries, however for the latter it is important to include firms in large non-EU OECD countries. Further, the analysis shows that spatial interdependence is stronger for the largest firms and if they have an average effective tax rate above the statutory tax rate. |
Note: | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions |
It is part of: | IEB Working Paper 2009/19 |
URI: | http://hdl.handle.net/2445/116976 |
Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
Files in This Item:
File | Description | Size | Format | |
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IEB09-19_Loretz+Moore.pdf | 589.99 kB | Adobe PDF | View/Open |
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