This paper examines empirically how international taxation
affects the volume and pricing of cross-border banking activities
for a sample of banks in 38 countries over the 1998–2008 period.
International double taxation of foreign-source bank income is found
to reduce banking-sector FDI. Furthermore, such taxation is almost
fully passed on into higher interest margins charged abroad. These
results imply that international double taxation distorts the activities
of international banks, and that the incidence of international double
taxation of banks is on bank customers in the foreign subsidiary country.
Dieser Eintrag ist Teil der Universitätsbibliographie.
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