View this email in your browser [https://wiiw.ac.at/files/mailings/event-201805291043-en.html] _in cooperation with _ [Research Centre International Economics (FIW)] [http://fiw.ac.at/index.php?id=1&L=3] Dear colleague, we cordially invite you to the following event: ON THE RELEVANCE OF DOUBLE TAX TREATIES ANDRZEJ STASIO Vienna University of Economics and Business (WU) MONDAY, 4 JUNE 2018, 11:00 AM (11:00 CEST) wiiw, Rahlgasse 3, 1060 Vienna FIW-wiiw Seminars in International Economics [https://wiiw.ac.at/fiw-wiiw-seminars-in-international-economics-es-6.html] The paper investigates the effects of double tax treaties (DTTs) on foreign direct investment (FDI) after controlling for their relevance in the presence of treaty shopping. DTTs cannot be considered a bilateral issue, but must be viewed as a network, since FDI can flow from home to host country through one or more conduit countries. Accounting for treaty shopping, we calculate the shortest (i.e. the cheapest) tax distance between any two countries allowing the corporate income to be channeled through intermediate jurisdictions. We consider the relevance of tax treaties vis-à-vis the domestic law and the entire tax treaties network and show that tax treaties that reduce the direct tax distance, both against domestic law and the entire existing treaty network, will increase FDI. Such a relevant treaty will increase direct FDI by roughly 20%. The effect increases with reductions in the direct tax cost and we can quantify this effect at almost 8% for a 10-percentage-point tax reduction below the minimum rate in the network. We also find that a treaty can lead to more direct FDI if the cheaper route is complicated and involves more than one conduit country. ...more [https://wiiw.ac.at/on-the-relevance-of-double-tax-treaties-e-386.html] WE KINDLY ASK YOU TO REGISTER [https://wiiw.ac.at/bc-e-er-386.html] for the event. Participation is free of charge. Best regards, Julia Grübler [https://wiiw.ac.at/julia-gruebler-s-866.html] _Organiser_ Robert Stehrer [https://wiiw.ac.at/robert-stehrer-s-16.html] _Scientific Director_ wiiw The Vienna Institute for International Economic Studies Rahlgasse 3, 1060 Vienna, Austria wiiw@wiiw.ac.at, wiiw.ac.at [https://wiiw.ac.at] T: +43 1 533 66 10 [tel:+4315336610] [http://www.facebook.com/wiiw.economic.studies] [http://www.twitter.com/wiiw_news] [http://www.linkedin.com/company/vienna-institute-for-international-economic-...] [http://www.youtube.com/channel/UCyNuSfsgzgBsIf7AaH8Vk-Q] [https://wiiw.ac.at/rss.php] Copyright ©2018 wiiw, all rights reserved.
