Series: IMF Working Papers
Author(s): Li Liu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 January 2018
Keywords: Europe, Foreign direct investment, United Kingdom, corporate tax policy, multinational firms, Business Taxes and Subsidies, General
In 2009, the United Kingdom changed from a worldwide to a territorial tax system, abolishing dividend taxes on foreign repatriation from many low-tax countries. This paper assesses the causal effect of territorial...