Description
Book SynopsisTo help assess existing tax policies and incentives, this volume presents new research on how taxes affect the investment and financing decisions of multinationals today. The contributors examine the effects of taxation on decisions about international financial management, business investment, and international income shifting.
Table of ContentsIntroduction Alberto Giovannini, R. Glenn Hubbard, And Joel Slemrod I. International Financial Management 1. Taxes And The Form Of Ownership Of Foreign Corporate Equity Roger H. Gordon And Joosung Jun Comment: Alberto Giovannini 2. Impacts Of Canadian And U.S. Tax Reform On The Financing Of Canadian Subsidiaries Of U.S. Parents Roy D. Hogg And Jack M. Mintz Comment: Neil Bruce 3. The Effects Of U.S. Tax Policy On The Income Repatriation Patterns Of U.S. Multinational Corporations Rosanne Altshuler And T. Scott Newlon II. Investment 4. Taxation And Foreign Direct Investment In The United States: A Reconsideration Of The Evidence Alan J. Auerbach And Kevin Hassett Comment: James M. Poterba 5. On The Sensitivity Of R & D To Delicate Tax Changes: The Behavior Of U.S. Multinationals In The 1980s James R. Hines Jr. Comment: Bronwyn H. Hall 6. The Role Of Taxes In Location And Sourcing Decisions G. Peter Wilson Comment: R. Glenn Hubbard III. Income-Shifting 7. Explaining The Low Taxable Income Of Foreign-Controlled Companies In The United States Harry Grubert, Timothy Goodspeed, And Deborah Swenson Comment: Jeffrey K. Mackie-Mason 8. Income Shifting In U.S. Multinational Corporations David Harris, Randall Morck, Joel Slemrod, And Bernard Yeung Comment: John Mutti Contributors Author Index Subject Index
