Professor Michael Devereux

We present empirical evidence which suggests that a big increase in dividend taxation for UK pension funds in July 1997 affected the form in which some UK companies chose to make dividend payments, but otherwise had limited effects on both the level of dividend payments and the level of investment.

This paper proposes to answer this question by using a unique dataset from Norway.

We analyse a puzzle in the UK corporation tax: by both historic and international standards, corporation tax revenues have been high while the statutory rate has been reduced.

We examine whether discretionary government grants influence the location of new plants, and how effective these incentives are in the presence of agglomeration and urbanisation externalities.

We analyse a puzzle in the UK corporation tax: by both historic and international standards corporation tax revenues have been high while the statutory rate has been low.

This paper reviews how the impact of taxes on the incentive to invest in the corporate sector can be measured. The main focus of the paper is to discuss measures derived from economic theory.

We consider the impact of taxation when investors face a discrete choice between two or more mutually exclusive projects.

This paper explores the properties of alternative measures of the taxation of income from capital, by applying them to data for the UK over the last thirty years.

We investigate the geographic concentration and agglomeration of production activity in the UK at the four-digit industry level using a variety of measures.

This paper analyses the development of taxes on corporate income in EU and G7 countries over the last two decades.

We consider the impact of taxation when investors face a discrete choice between two or more mutually exclusive projects.

This report aims to shed some light on the complex issues that surround this debate. Topics addressed include recent trends in corporate tax systems, costs imposed by having diverse national corporate taxes within Europe, proposals for limited co-ordination of corporate income taxes within the EU and more ambitious options for corporate tax harmonisation.

There has much recent academic and policy interest in the issue of spatial clustering of

After a break of a few years, the European Union has recently again become active in the area of co-ordinating capital income taxes between Member States.

This paper considers the relationship between two general neutral business tax structures, which we label the firm tax and the shareholder tax.

Traditional analysis of the taxation of income from capital has focused on the impact of

This paper considers the factors that influence the locational decisions of multinational firms.

The authors provide a theoretical framework to analyse the response of life time maximizing consumers to intertemporal prices of non-durable goods and durable goods when the borrowing limit depends on the market value of the stock of durables owned by the consumer.