Firm-specific Forward-looking Effective Tax Rates

Peter Egger, Simon Loretz, Michael Pfaffermayr and Hannes Winner

No 811, Working Papers from Oxford University Centre for Business Taxation

Abstract: This paper computes (marginal and average) forward-looking effective tax rates for a sample of more than 550,000 firms in and outside of Europe using Bureau van Dijk's ORBIS data-base. Comparing the firm-level effective tax rates with their country-level counterparts we arrive at two important findings for empirical research on the behavioral response to taxation. First, the firm-level component of the effective tax burden is generally much more important than the one at the country level. Second, tentative empirical results on the nexus between firm sales and corporate taxation illustrate that the conclusions obtained with forward looking firm- level effective tax rates differ starkly from those based on country-level forward-looking rates or backward-looking effective tax rates at the firm level.

Keywords: Corporate taxation; effective tax rates; firm sales (search for similar items in EconPapers)
JEL-codes: C33 H25 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-pbe and nep-pub
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Journal Article: Firm-specific forward-looking effective tax rates (2009)
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