Article: International Tax Reform and the Implication for Multinational Financial Management Journal: Journal of Business and Management (JBM) 1999 Vol.6 No.2 pp.11 - 35 Abstract: Since 1986, a common trend in corporate income tax rates has emerged in the 14 countries studied in this research. On average, the highest corporate income tax rate in the 14 countries declined 11 percentage points, from 46.0 percent in 1985 to 35.0 percent in 1997. This convergence in rates should diminish the role of inter-country tax regimes in multinational corporations (MNCs') repatriation decisions. However, significant inter-country differences still exist in tax holidays and in attitudes and policies toward foreign investment. Inderscience Publishers - linking academia, business and industry through research

Title: International Tax Reform and the Implication for Multinational Financial Management

Authors: Haroldene Wunder

Addresses: Author address listing can be found in the "About the Authors" section at the end of the article.

Abstract: Since 1986, a common trend in corporate income tax rates has emerged in the 14 countries studied in this research. On average, the highest corporate income tax rate in the 14 countries declined 11 percentage points, from 46.0 percent in 1985 to 35.0 percent in 1997. This convergence in rates should diminish the role of inter-country tax regimes in multinational corporations (MNCs') repatriation decisions. However, significant inter-country differences still exist in tax holidays and in attitudes and policies toward foreign investment.

Keywords: International tax reform; multinational financial management; corporate income tax; multinational corporations; foreign investment.

DOI: 10.1504/JBM.1999.141053

Journal of Business and Management, 1999 Vol.6 No.2, pp.11 - 35

Published online: 05 Sep 2024 *

Title: International Tax Reform and the Implication for Multinational Financial Management

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