03524nam 2200661 a 450 991046269300332120200520144314.00-262-28965-2(CKB)2670000000415868(EBL)3339635(SSID)ssj0000985443(PQKBManifestationID)12412800(PQKBTitleCode)TC0000985443(PQKBWorkID)10929177(PQKB)10635458(StDuBDS)EDZ0000130730(MiAaPQ)EBC3339635(OCoLC)852899288(OCoLC)961489524(OCoLC)962639457(OCoLC)966231368(OCoLC)988432772(OCoLC)992022484(OCoLC)1037914914(OCoLC)1038580192(OCoLC)1045479822(OCoLC)1055391524(OCoLC)1066448247(OCoLC)1077264916(OCoLC)1081193241(OCoLC-P)852899288(MaCbMITP)8710(Au-PeEL)EBL3339635(CaPaEBR)ebr10733298(OCoLC)852899288(EXLCZ)99267000000041586820100121d2010 uy 0engur|n|---|||||txtccrThe indirect side of direct investment[electronic resource] multinational company finance and taxation /Jack M. Mintz and Alfons J. WeichenriederCambridge, Mass. MIT Pressc20101 online resource (203 p.)CESifo book seriesDescription based upon print version of record.0-262-01449-1 Includes bibliographical references and index.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; IndexDrawing 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. --Book Jacket.CESifo Book SeriesInternational business enterprisesFinanceInternational business enterprisesTaxationInvestments, ForeignElectronic books.International business enterprisesFinance.International business enterprisesTaxation.Investments, Foreign.332.67/3Mintz Jack M1054904Weichenrieder Alfons J1054905MiAaPQMiAaPQMiAaPQBOOK9910462693003321The indirect side of direct investment2487895UNINA