Description
Book SynopsisIn an attempt to quantify the effect of tax policy on international investment choices, the ten papers in this volume present in-depth analyses of the interaction of international tax rules and the investment decisions of multinational enterprises.
Table of ContentsPreface Introduction Martin Feldstein, James R. Hines, Jr., R. Glenn Hubbard. 1: Outward Direct Investment and the U.S. Economy Robert E. Lipsey Comment: S. Lael Brainard 2: The Effects of Outbound Foreign Direct Investment on the Domestic Capital Stock Martin Feldstein Comment: Kenneth A. Froot 3: Why Is There Corporate Taxation in a Small Open Economy? The Role of Transfer Pricing and Income Shifting Roger H. Gordon, Jeffrey K. MacKie-Mason. Comment: T. Scott Newlon 4: The Impact of International Tax Rules on the Cost of Capital Joosung Jun Comment: Joel Slemrod 5: The Tax Sensitivity of Foreign Direct Investment: Evidence from Firm-Level Panel Data Jason G. Cummins, R. Glenn Hubbard. Comment: David G. Hartman 6: The Alternative Minimum Tax and the Behavior of Multinational Corporations Andrew B. Lyon, Gerald Silverstein. Comment: Alan J. Auerbach 7: Accounting Standards, Information Flow, and Firm Investment Behavior Jason G. Cummins, Trevor S. Harris, Kevin A. Hassett. Comment: G. Peter Wilson 8: Taxes, Technology Transfer, and the R&D Activities of Multinational Firms James R. Hines, Jr Comment: Adam B. Jaffe 9: Do Repatriation Taxes Matter? Evidence from the Tax Returns of U.S. Multinationals Rosanne Altshuler, T. Scott Newlon, William C. Randolph. Comment: William M. Gentry 10: Interest Allocation Rules, Financing Patterns, and the Operations of U.S. Multinationals Kenneth A. Froot, James R. Hines, Jr. Comment: Julie H. Collins Contributors Author Index Subject Index
