期刊名称：Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN：0804-6824
出版年度：2001
卷号：2001
出版社：Bergen
摘要：It is observed in the real world that taxes matter for location decisions
and that multinationals shift profits by transfer pricing. The US and Canada
use Formula Apportionment (FA) to tax corporate income, and the EU is
debating a switch from Separate Accounting (SA) to FA. This paper develops
a theoretical model that compares basic properties of FA to SA. The focal
point of the analysis is on how changes in tax rates affect capital formation,
input choice, and transfer pricing as well as spillovers on tax revenue in other
countries. The analysis shows that a move from SA to FA will not eliminate
such spillovers and will, in cases identified in the paper, actually aggravate
them.
