Taxes and the location of targets

Arulampalam, Wiji, Michael P. Devereux and Federica Liberini Journal of Public Economics 176, 161-178. [2010] Abstract We use firm-level data to investigate the impact of taxes on the international location of targets in M&A, allowing for domestic acquisitions and heterogeneous responses by companies. The statutory tax rate in the target country is found to haveContinue reading “Taxes and the location of targets”

The Direct Incidence of Corporate Income Tax on Wages

Wiji Arulampalam, Michael P. Devereux and Giorgia Maffini European Economic Review 56.6, 1038-1054. [2007] Abstract A stylised model is provided to show how the direct effect of corporate income tax on wages can be identified in a bargaining framework using cross-company variation in tax liabilities, conditional on value added per employee. Using data on 55,082Continue reading “The Direct Incidence of Corporate Income Tax on Wages”