THE EFFECTIVENESS OF CORPORATE-TAX INCENTIVES FOR FOREIGN-INVESTMENT IN THE PRESENCE OF TAX CREDITING

• 成果类型: Article; Proceedings Paper
• 署名作者: MINTZ, JM; TSIOPOULOS, T
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/0047-2727(94)90053-1
• 发表日期: 1994
• 页码: 233-255
• 关键词: Public economics; TAXATION AND SUBSIDIES; SOCIALIST SYSTEMS; PLANNING; COORDINATION; AND REFORM

摘要

The value of corporate tax holiday incentives provided by Central-Eastern Europe (CEE) countries to attract foreign investment depends on whether a multinational company must pay corporate income taxes to its home government on income remitted from abroad (i.e. the multinational is said to be in a deficient credit position if foreign taxes paid are less than the home country tax owing on foreign-source income). This paper examines the value of corporate tax incentives given to manufacturing companies investing in CEE countries taking into account both the host country tax regime and the U.S. tax treatment of foreign-source investment.