| dc.contributor.advisor | Andersson, Kjetil | |
| dc.contributor.author | Todorova, Cvetelina Galinova | |
| dc.date.accessioned | 2024-01-04T17:23:10Z | |
| dc.date.available | 2024-01-04T17:23:10Z | |
| dc.date.issued | 2023 | |
| dc.identifier | no.uia:inspera:181427904:90469630 | |
| dc.identifier.uri | https://hdl.handle.net/11250/3109915 | |
| dc.description | Full text not available | |
| dc.description.abstract | This study explores the relationship between bank’s total assets invested abroad and the levels of corporate income tax imposed in the host countries. Using micro data for 30 European banks and their worldwide subsidiaries operating in 50 countries in the period 2011-2022, the analysis estimates that 10% decrease in the statutory corporate income tax rate results in 7% increase in the bank assets. The results suggest that bank FDI have similar responsiveness to corporate tax as non-financial institutions and European banks are motivated to invest abroad by lower corporate income taxes.
Keywords: Taxation, Multinationals, Foreign Direct Investment, Firm-level Data | |
| dc.description.abstract | | |
| dc.language | | |
| dc.publisher | University of Agder | |
| dc.title | European Banks and Their Response to Corporate Tax | |
| dc.type | Master thesis | |