Expectations and expatriations: Tracing the causes and consequences of corporate inversions

National Tax Journal

Volumn 55, Issue 3, 2002, Pages 409-440

  Desai, Mihir A ^a,b   Hines Jr , James R ^b,c  

^a HARVARD BUSINESS SCHOOL   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

^c UNIVERSITY OF MICHIGAN   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040078150     PISSN: 00280283     EISSN: None     Source Type: Journal    
DOI: 10.17310/ntj.2002.3.03     Document Type: Article

References (32)

1. Atlshuler, Rosanne, T. Scott Newlon, and William C. Randolph. "Do Repatriation Taxes Matter? Evidence from the Tax Returns of U.S. Multinationals." In The Effects of Taxation on Multinational Corporations, edited by Martin Feldstein, James R. Hines Jr., and R. Glenn Hubbard, 253-72. Chicago: University of Chicago Press, 1995.
2. Avi-Yonah, Reuven. "For Haven's Sake: Reflections on Inversion Transactions." Tax Notes 95 No. 12 (2002): 1793-9.
3. Collins, Julie H., and Douglas A. Shackelford. "Corporate Domicile and Average Effective Tax Rates: The Cases of Canada, Japan, the United Kingdom, and the United States." International Tax and Public Finance 2 No. 1 (May, 1995): 55-83.
4. Daines, Robert. "Does Delaware Law Improve Firm Value?" Journal of Financial Economics 62 No. 3 (December, 2001): 525-58.
5. Desai, Mihir A. "The Corporate Profit Base, Tax Sheltering Activity, and the Changing Nature of Employee Compensation." NBER Working Paper No. 8866. Cambridge, MA: National Bureau of Economic Research, 2002.
6. Desai, Mihir A., and James R. Hines Jr. " "Basket" Cases: Tax Incentives and International Joint Venture Participation by American Multinational Firms." Journal of Public Economics 71 No. 3 (March, 1999): 379-402.
7. Desai, Mihir A., C. Fritz Foley, and James R. Hines Jr. "Repatriation Taxes and Dividend Distortions." National Tax Journal 54 No. 4 (December, 2001): 829-51.
8. Desai, Mihir A., C. Fritz Foley, and James R. Hines Jr. "Chains of Ownership, Regional Tax Competition, and Foreign Direct Investment." NBER Working Paper No. 9224. Cambridge, MA: National Bureau of Economic Research, 2002.
9. Froot, Kenneth A., and James R. Hines Jr. "Interest Allocation Rules, Financing Patterns, and the Operations of U.S. Multinationals." In The Effects of Taxation on Multi-national Corporations, edited by Martin Feldstein, James R. Hines Jr., and R. Glenn Hubbard, 277-307. Chicago: University of Chicago Press, 1995.
10. Gordon, Roger H. "Can Capital Income Taxes Survive in Open Economies?" Journal of Finance 47 No. 3 (July, 1992): 1159-80.
11. Gordon, Roger H., and James R. Hines Jr. "International Taxation." In Handbook of Public Economics, Volume 4, edited by Alan J. Auerbach and Martin Feldstein. Amsterdam: Elsevier, forthcoming.
12. Grinblatt, Mark, and Bing Han. "The Disposition Effect and Momentum." NBER Working Paper No. 8734. Cambridge, MA: National Bureau of Economic Research, 2002.
13. Grubert, Harry. "Taxes and the Division of Foreign Operating Income among Royalties, Interest, Dividends and Retained Earnings." Journal of Public Economics 68 No. 2 (May, 1998): 269-90.
14. Grubert, Harry. "Tax Planning by Companies and Tax Competition by Governments." In International Taxation and Multinational Activity, edited by James R. Hines Jr., 113-39. Chicago: University of Chicago Press, 2001.
15. Grubert, Harry, William C. Randolph, and Donald J. Rousslang. "Country and Multinational Company Responses to the Tax Reform Act of 1986." National Tax Journal 49 No. 3 (September, 1996): 341-58.
16. Hines, James R., Jr. "The Flight Paths of Migratory Corporations." Journal of Accounting, Auditing, and Finance 6 No. 4 (Fall, 1991): 447-79.
17. Hines, James R., Jr. "On the Sensitivity of R&D to Delicate Tax Changes: The Behavior of U.S. Multinationals in the 1980s." In Studies in International Taxation, edited by Alberto Giovannini, R. Glenn Hubbard, and Joel Slemrod, 149-87. Chicago: University of Chicago Press, 1993.
18. Hines, James R., Jr. "Credit and Deferral as International Investment Incentives." Journal of Public Economics 55 No. 2 (October, 1994): 323-47.
19. Hines, James R., Jr. "Altered States: Taxes and the Location of Foreign Direct Investment in America." American Economic Review 86 No. 5 (December, 1996): 1076-94.
20. Hines, James R., Jr. "Tax Policy and the Activities of Multinational Corporations." In Fiscal Policy: Lessons from Economic Research, edited by Alan J. Auerbach, 401-45. Cambridge, MA: MIT Press, 1997.
21. Hines, James R., Jr. "Lessons from Behavioral Responses to International Taxation. " National Tax Journal 52 No. 2 (June, 1999): 305-22.
22. Hines, James R., Jr. " "Tax Sparing" and Direct Investment in Developing Countries." In International Taxation and Multinational Activity, edited by James R. Hines Jr., 39-66. Chicago: University of Chicago Press, 2001.
23. Hines, James R., Jr., and R. Glenn Hubbard. "Coming Home to America: Dividend Repatriations by U.S. Multinationals. " In Taxation in The Global Economy, edited by Assaf Razin and Joel Slemrod, 161-200. Chicago: University of Chicago Press, 1990.
24. Hines, James R., Jr., and R. Glenn Hubbard. "Appendix." In: Taxing Multinational Corporations, edited by Martin Feldstein, James R. Hines Jr., and R. Glenn Hubbard, 103-6. Chicago: University of Chicago Press, 1995.
25. Hufbauer, Gary C. U.S. Taxation of International Income: Blueprint for Reform. Washington, D.C.: Institute For International Economics, 1992.
26. Kramer, J.L., and G.C. Hufbauer. "Higher U.S. Taxation could Prompt Changes in Multinational Corporate Structure." International Tax Journal 1 No. 4 (Summer, 1975): 301-24.
27. Landsman, Wayne R., and Douglas A. Shackelford. "The Lock-In Effect of Capital Gains Taxes: Evidence from the RJR Nabisco Leveraged Buyout." National Tax Journal 48 No. 2 (June, 1995): 245-59.
28. New York State Bar Association Tax Section. "Report on Outbound Inversion Transactions." May 2002.
29. Reich, Robert B. "Who is Us?" Harvard Business Review 68 No. 1 (January/February, 1990): 53-64.
30. Romano, Roberta. "Law as a Product: Some Pieces of the Incorporation Puzzle." Journal of Law, Economics and Organization 1 No. 2 (Fall, 1985): 225-83.
31. Thompson, Samuel C., Jr. "Section 367: A 'Wimp' for Inversions and a 'Bully' for Real Cross-Border Acquisitions." Tax Notes 94 No. 11 (March 18, 2002): 1505-48.
32. United States Department of The Treasury. Corporate Inversion Transactions: Tax Policy Implications. Washington, D.C.: Office of Tax Policy, May 2002.