Corporate and statutory tax rates

Gillman, Max, Harris, Mark N. and Fenney, Simon 2002. Corporate and statutory tax rates. [Working Paper]. Working papers series, vol. 4/2002. Budapest: Central European University (CEU) - Department of Economics.

Full text not available from this repository.

Abstract

The paper investigates the factors that cause effective corporate tax rates (ETRs) to diverge from the statutory rate of corporation tax (SRCT). Based on accounting identities, a model of ETRs is specified that allows quantification of the effects of observed firm heterogeniety on how its ETRs may differ fromt he SRCT. Results suggest that significant factors are interest payments, R&D expenditure, foreign ownership, stock-market listing and the number of subsidiaries. The results also suggest that unobserved firm heterogeneity plays a significant role.

Item Type:	Monograph (Working Paper)
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > HF Commerce H Social Sciences > HJ Public Finance
Uncontrolled Keywords:	Firms; effective tax rate
Publisher:	Central European University (CEU) - Department of Economics
Last Modified:	19 Mar 2016 23:14
URI:	https://orca.cardiff.ac.uk/id/eprint/43811

Actions (repository staff only)

Edit Item