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Foreign Ownership and Corporate Income Taxation: An Empirical Evaluation Author info | Abstract | Publisher info | Download info | Related research | Statistics Harry Huizinga (Tilburg University)
Gaetan Nicodeme (Solvay Business School)
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Economic integration in Europe has not led to a ‘race to the bottom’ regarding corporate income taxes. This paper documents trends in the foreign ownership of companies in Europe and it examines whether foreign ownership has exerted a positive influence on corporate income tax levels. Using company-level data, we document that the foreign ownership share in Europe stood at around 21.5 percent in the year 2000. The estimation suggests that a one percentage point increase in foreign ownership increases the average corporate income tax rate between a half and one percent. Further international economic integration is likely to lead to higher foreign ownership shares with a concomitant positive influence on corporate taxation levels.
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Paper provided by EconWPA in its series Public Economics with number
0310005.
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Length: 44 pages
Date of creation: 21 Oct 2003Date of revision:
Handle: RePEc:wpa:wuwppe:0310005Note: Type of Document - pdf; prepared on WinNT; pages: 44Contact details of provider: Web page: http://129.3.20.41
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Keywords: corporate taxation ; foreign ownership ; Other versions of this item:
Find related papers by JEL classification: F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
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European Public Finance (ECON-O-403)
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
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