search query: @indexterm TAX POLICY / total: 92
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| Author: | Klassen, K. J. Shackelford, D. A. |
| Title: | State and provincial corporate tax planning: income shifting and sales apportionment factor management. |
| Journal: | Journal of Accounting & Economics
1998 : JUN, VOL. 25:3, p. 385-406 |
| Index terms: | Company taxation Value added tax Tax policy USA Canada |
| Language: | eng |
| Abstract: | The authors document a strategy through which corporations avoid state income taxes. Examining aggregated American state and Canadian provincial data from 1983-1991, they find corporate income tax revenues are concave in corporate tax rates, consistent with firms shifting their tax bases to more favourably taxes jurisdictions. Additional tests exploit unique features of states that tax outside their borders are decreasing in corporate income tax rates on sales. |
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