In this study, I review the empirical literature on the real effects of corporate taxation. I define
real effects broadly as firms' investment responses, corporate risk taking, capital structure …

Economists broadly agree that the economic burden of corporate taxes is not entirely borne
by shareholders but also borne in part by employees and consumers. We examine …

Higher corporate taxes must result in lower payments to shareholders, lower wages, or
higher product prices. We study the impact of corporate taxes on barcode-level product …

Effective policymakers must balance the demands of formulating a corporate tax system that
spurs economic activity (eg, investment) while promoting a “level playing field” across firms …

We investigate whether industry-level product market competition and firm-level market
leadership affect firms' tax aggressiveness. Studying competition from both current market …

We investigate how the pass-through rate of commodity taxes depends on competition in a
setting where consumers have imperfect information about prices. We use a theoretical …

We investigate the relation between tax rates and pretax returns by showing how implicit tax,
tax incidence, and tax capitalization change in response to a tax rate change. We examine …

Abstract The Inflation Reduction Act establishes a new 15 percent corporate minimum tax on
the adjusted financial accounting income for large US corporations. While the minimum tax …

Exploiting the German 2008 tax reform we employ an event study design to assess the
effects of local corporate taxes on stock prices. We match firms to the local tax rates at their …

This paper examines investment responses to emission taxes and the role of tax incidence
in passing on tax burdens. Using private firms from Spain and the introduction of an …