Effective Marginal Tax Rates for Us Investors in Germany and Europe - an Analysis of Recent Tax Reforms in Germany

26 Pages Posted: 21 Apr 2003

See all articles by Christoph Spengel

Christoph Spengel

Centre for European Economic Research (ZEW)

Date Written: 1999

Abstract

In this paper the impact of the corporate tax systems of the 15 EU-member states on the investment and the financing decision of an US multinational corporation is analysed. The calculation of the resulting effective marginal tax rates (EMTR) closely follow the model of King and Fullerton. There is not only a great variation among the EMTR in the EU-member states which can affect cross-border location, investment and financing decisions. Moreover, recent reform proposals in Germany are likely to have an impact both on investment patterns and financing decisions of US multinationals in Germany.

Keywords: Tax burden comparison, capital income taxation, tax competition, tax harmonization in Europe, cross-border tax planing

JEL Classification: M4

Suggested Citation

Spengel, Christoph, Effective Marginal Tax Rates for Us Investors in Germany and Europe - an Analysis of Recent Tax Reforms in Germany (1999). ZEW Discussion Paper No. 99-55, Available at SSRN: https://ssrn.com/abstract=376224 or http://dx.doi.org/10.2139/ssrn.376224

Christoph Spengel (Contact Author)

Centre for European Economic Research (ZEW) ( email )

D-68161 Mannheim
Germany

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
177
Abstract Views
1,810
rank
202,719
PlumX Metrics