The influence of corporate income taxes on investment location: Evidence from corporate headquarters relocations

• Main Authors: CHOW, Travis, HUANG, Sterling, KLASSEN, Kenneth J., NG, Jeffrey
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2022
• 主題: corporate tax rate; headquarters relocation; state apportionment system; Accounting; Corporate Finance
• 在線閱讀: https://ink.library.smu.edu.sg/soa_research/1886; https://ink.library.smu.edu.sg/context/soa_research/article/2913/viewcontent/Influence_Corporate_Taxes_Inv_Loc_av_2020.pdf

This study examines the effects of jurisdictions’ corporate taxes and other policies on firms’ headquarters (HQ) location decisions. Using changes in state corporate income tax rates across time and states as the setting, we find that a one-percentage-point increase in the HQ state corporate income...