U.S. Firms on Foreign (tax) Holidays

• المؤلفون الرئيسيون: CHOW, Travis K., HOOPES, Jeffrey L., MAYDEW, Edward L.
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2018
• الموضوعات: Tax holiday; corporate tax; international tax; Accounting; Corporate Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/1638; https://ink.library.smu.edu.sg/context/soa_research/article/2665/viewcontent/US_Firms_Foreign_Tax_Holidays_2018_wp.pdf

We undertake the first large-sample analysis of foreign tax holiday participation by U.S. firms. Tax holidays are temporary reductions of tax granted by governments, usually contingent on the firm making new operational investments in the country. We predict and find that firms are more likely to pa...