Where Does Multinational Investment Go with Territorial Taxation Evidence from the UK is popular PDF and ePub book, written by Ms.Li Liu in 2018-01-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Where Does Multinational Investment Go with Territorial Taxation Evidence from the UK can be Read Online from any device for your convenience.
Where Does Multinational Investment Go with Territorial Taxation Evidence from the UK Book PDF Summary
In 2009, the United Kingdom changed from a worldwide to a territorial tax system, abolishing dividend taxes on foreign repatriation from many low-tax countries. This paper assesses the causal effect of territorial taxation on real investments, using a unique dataset for multinational affiliates in 27 European countries and employing the difference-in-difference approach. It finds that the territorial reform has increased the investment rate of UK multinationals by 15.7 percentage points in low-tax countries. In the absence of any significant investment reduction elsewhere, the findings represent a likely increase in total outbound investment by UK multinationals.
Detail Book of Where Does Multinational Investment Go with Territorial Taxation Evidence from the UK PDF
- Author : Ms.Li Liu
- Release : 12 January 2018
- Publisher : International Monetary Fund
- ISBN : 9781484337493
- Genre : Business & Economics
- Total Page : 49 pages
- Language : English
- PDF File Size : 8,7 Mb
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