ABSTRACT We investigate the effects of mandatory private Country-by-Country Reporting (CbCR) to European tax authorities on multinational firms' capital and labor investments, as well their organizational structures. exploit threshold-based application this 2016 disclosure rule conduct difference-in-differences regression discontinuity tests. document increases in expenditures Europe, but these...

The tax challenges of digitalization have been to the forefront national and international discussions on public revenues in recent years. digital transformation is seen as being an exacerbating factor erosion bases shifting profits low jurisdictions, particularly by multinational companies, thus reducing for governments. While there a large literature examining role ICT raising economic growth...

Using comprehensive high-frequency state and local sales tax data, we show that shopping behavior responds strongly to changes in rates. Even though taxes are not observed posted prices have a wide range of rates exemptions, consumers adjust many dimensions. They stock up on storable goods before rise increase online cross-border both the short long run. The difference between short- long-run s...

We study the long-run effects of Russia’s anti-alcohol campaign, which dramatically altered relative supply hard and light alcohol in late 1980s. find that this policy shifted young men’s preferences from to decades later, we estimate age at consumers form their tastes. show large beer market expansion 1990s had similar on consumers’ tastes, while older tastes remained largely unchanged. then l...