|
|
|
|
|
|
|
|
1. |
Record Nr. |
UNINA9910462693003321 |
|
|
Autore |
Mintz Jack M |
|
|
Titolo |
The indirect side of direct investment [[electronic resource] ] : multinational company finance and taxation / / Jack M. Mintz and Alfons J. Weichenrieder |
|
|
|
|
|
|
|
Pubbl/distr/stampa |
|
|
Cambridge, Mass., : MIT Press, c2010 |
|
|
|
|
|
|
|
ISBN |
|
|
|
|
|
|
Descrizione fisica |
|
1 online resource (203 p.) |
|
|
|
|
|
|
Collana |
|
|
|
|
|
|
Altri autori (Persone) |
|
|
|
|
|
|
Disciplina |
|
|
|
|
|
|
Soggetti |
|
International business enterprises - Finance |
International business enterprises - Taxation |
Investments, Foreign |
Electronic books. |
|
|
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
Formato |
Materiale a stampa |
|
|
|
|
|
Livello bibliografico |
Monografia |
|
|
|
|
|
Note generali |
|
Description based upon print version of record. |
|
|
|
|
|
|
Nota di bibliografia |
|
Includes bibliographical references and index. |
|
|
|
|
|
|
Nota di contenuto |
|
Contents; Series Foreword; Acknowledgments; 1 Introduction; 2 International Corporate Tax Systems at a Glance; 3 Indirect Financing Structures; 4 Holding Companies and Ownership Chains; 5 The Financial Structure of German Outbound FDI; 6 What Governments May Do: Policy Options; Appendix; Notes; References; Index |
|
|
|
|
|
|
|
|
Sommario/riassunto |
|
Drawing on a unique data set (MiDi) on German multinationals provided by the Deutsche Bundesbank in Frankfurt, Mintz and Weichenrieder confirm the prevalence of indirect financing structures for both outbound and inbound German investment. They find evidence of "treaty shopping!' to avoid withholding taxes (using a third country with more favorable tax rates as a conduit through which to route investments) and of "debt shifting." |
Mintz and Weichenrieder argue that increasing our knowledge of the tax reasons behind conduit investment will lead to a better understanding of how tax policy can affect macroeconomic flows of capital in the global economy. They review the trade-offs that governments face and discuss policy options, considering not only possible changes to corporate income tax policy but also the potential influence of international cooperation on countries' domestic tax policy. |
|
|
|
|