Petter Bjerksund and Guttorm Schjelderup: The power producers' description of reality and arguments characterize the government's proposal for changes in power taxation. The proposal may have unintended effects that weaken competition and the power market itself.
The article "Withholding Taxes, Compliance Cost, and Foreign Portfolio Investment" has been published in Accounting Review.
Assistant Professor, Elisa Casi-Eberhard, was among the speakers at the first high-level policy event organized by the EU Tax Observatory on June 13, 2022, in Brussels.
Master thesis by Marcus Andersen Holte and Sander Sivertsvoll.
On Friday 17 June 2022 Andreas Olden will hold a trial lecture on a prescribed topic and defend his thesis for the PhD degree at NHH.
The Tax commission of Høyre, the Norwegian Conservative Party, visited NHH on 20 May.
The article "Taxation and the external wealth of nations: Evidence from bilateral portfolio holdings" has been published in Journal of International Money and Finance.
By Petter Bjerksund and Guttorm Schjelderup has been published in Samfunnsøkonomen.
Research project by Casi, Mardan & Muddasani funded by the United Nations University World Institute for Development Economics Research.
LSE-professor John Van Reenen gives The Sandmo Lecture On Public Policy on Friday 29 April. Title of his lecture: "Inequality and Superstar Firms"
The article "Aggressive Tax Planning and Labor Investments" has been published in Journal of Accounting, Auditing & Finance.
Mohammed Mardan has been promoted to professor in the field of Business Economics.
Trond Døskeland: The Oil Fund's active return is positive, but it is small - NOK 170 billion since 1998, according to the analysis we have done for the Ministry of Finance.
The article "Thinking outside the box: The cross-border effect of tax cuts on R&D" has been published in Journal of Public Economics.
Øyvind Thomassen: The central banks are involved in a poker game where they have bluffed at least since the financial crisis. And they dare not do anything but raise in each round.
Øyvind Thomassen: If house prices ever fall considerably that will lead to an economic decline. Will the government save highly leveraged homeowners?
Øyvind Thomassen: Wealth tax is not significant when it comes to financing of new projects. The exception is small firms that have to finance investments with own funds.
Øyvind Thomassen: The extremely expansive monetary policy causes that income is mainly determined by how much you already have. The risk is that the support of the market economy disintegrates.
Malin Arve: Government procurement is now meant to promote environment, innovation and technological development. But sufficient budgets and high competence is necessary, otherwise we could end up with poor and more expensive procurement.
The article "The tax-efficient use of debt in multinational corporations" has been published in Journal of Corporate Finance.
Øyvind Thomassen: The US central bank has, since March last year, printed new dollar bills worth more than three Norwegian oil funds, money they have spent on buying securities. Has that blown up the capacity in the economy and created lasting, troublesome inflation?
By Petter Bjerksund and Guttorm Schjelderup is published in International Tax and Public Finance.
By Petter Bjerksund and Guttorm Schjelderup has been published in Samfunnsøkonomen.
By Petter Bjerksund and Guttorm Schjelderup has been published in Samfunnsøkonomen.
By Petter Bjerksund and Guttorm Schjelderup is forthcoming in Samfunnsøkonomen.
By Bodo Knoll, Nadine Riedel, Thomas Schwab, Maximilian Todtenhaupt and Johannes Voget was published in Research Policy.
Master thesis by Jon Blekastad and Dan Larsen.
Øyvind Thomassen: Investment in new business activity may just as well be made with employment income as with a company's profit.
Øyvind Thomassen: It is contractors with good ideas, good noses and power of implementation that are lacking, not the capitalists money.
By Steffen Juranek and Floris T. Zoutman has been published in the Journal of Population Economics.
By Steffen Juranek, Jörg Paetzold, Hannes Winner and Floris T. Zoutman is forthcoming in Kyklos.
Mohammed Mardan has been active as an Assistant Professor at NoCeT since 2018. He was promoted to associate professor this summer.
By Elisa Casi, Xiao Chen, Mark D. Orlic and Christoph Spengel appeared in the World Tax Journal.
Master Thesis by Rohit Reddy Muddasani.
Øyvind Thomassen: The Conservative Party should be the natural choice for all of us who believe in a Norwegian version of capitalism. Instead it has become the party supporting big capitalists.
Øyvind Thomassen: It is always the rich people, those with the biggest possessions of shares and property, who are saved by the central banks.
Øyvind Thomassen: A new Norwegian Parliament, where the central point has shifted towards the centre and the left, has a unique opportunity to pass a progressive wealth tax that should have a far broader appeal among voters than the current wealth tax.
Knut K. Aase and Petter Bjerksund: The optimal spending rate from the fund is significantly less than the fund’s expected real rate of return. The optimal spending rate ensures that the fund will last “forever”, but spending the expected return (following the fiscal rule, "handlingsregelen") will deplete the fund with probability one.
Petter Bjerksund and Guttorm Schjelderup: Research does not support the statement that wealth tax makes Norwegian investors less willing to own firms.
The article "Cross-border effects of R&D tax incentives" has been published in Research Policy.
Guttorm Schjelderup and Kristine Sævold: Nicolai Tangen's way to organize his fortune and business may be read as a classic, aggressive, tax planning structure. It is stirring that The central bank of Norway does not see that this is a possible perspective.
Alexander L. P. Willén (32) at the Department of Economics has been promoted to full professor. He completed his Ph.D. only three years ago. `An extremely talented researcher´, Professor and Head of Economics Eirik G. Kristiansen says.
Petter Bjerksund: If the employee it to be treated like a founder, the new tax proposal for employee options should be supplemented.
TAXGLOBAL, a new project at the Norwegian Centre for Taxation, examines the cross-border effect of corporate taxation on economic activity using granular administrative data from Norway.
Elisa Casi recently joined the Department of Business and Management Science as an Assistant Professor.
Isabel Montero Hovdahl recently joined the Department of Business and Management Science as an Assistant Professor.
David Murphy recently arrived as a PhD Research Scholar in the Department of Business and Management Science.
Cross-border tax evasion after the common reporting standard: Game over? by Elisa Casi, Christoph Spengel and Barbara Stage has been published in the Journal of Public Economics.
Investor Dispute Settlement and Multinational Firm Behavior by Guttorm Schjelderup and Frank Stähler has been published in the Review of International Economics.
Towards a tax on actual returns by Aart Gerritsen and Floris T. Zoutman is forthcoming in Tax by Design for the Netherlands.
Dharmapala and Hines (2009) provide empirical evidence that good governance quality is associated with tax haven status. Vegard Flystveit and Håvard Øyna decided to test this prediction with new data.
Did you miss out on the NHH mini conference on financial secrecy 24 March? The conference was digital and you now can watch the video and listen to experts discussing if financial institutions are capable of detecting criminal activity, as required by the regulations.
Tax evasion, bribery and fraud can be part of apparently legitimate business. Are the financial institutions capable of detecting criminal activity, as required by the regulations?
The article "International taxation and productivity effects of M&As" has been published in Journal of International Economics.
The winner of NHH’s Research Dissemination Award 2020 is professor Tina Søreide.
Head of NoCeT, Guttorm Schjelderup, was among the speakers in a big Norad webinar on illegal capital flight.
Petter Bjerksund: Has the Labour Party thought that, once again, it should be profitable to convert earned income into capital income? Or does the party intend to increase the dividend tax by 2,3 percentage points?
Jarle Møen: Small firms are, in many cases, taxed more favourably than houses. Will even more favourable taxes on "working capital" really lead to more jobs?
Malin Arve and Eirik Gaard Kristiansen: Perhaps everybody has not considered that they actually have taken part in an auction.
Gunnar S. Eskeland: The wealth tax study currently debated actually shows that protection of "working" capital leads to more jobs, at least within small businesses. If big businesses should be protected, too, less wealth tax will be paid.
The article "Capital gains taxation and funding for start-ups" has been published in Journal of Financial Economics.
The article "Taxing away M&A: Capital gains taxation and acquisition activity" has been published in European Economic Review.
The article "Multi‐part tariffs and differentiated commodity taxation" has been published in RAND Journal of Economics.
The lockdown in Norway has been successful in reducing the pressure on the healthcare system. If Norway would have followed the more lenient Swedish response, the peak number of COVID19 hospitalizations would have been three times higher.
Associate Professors at the Department of Business and Management Science, Floris Zoutman and Evelina Gavrilova-Zoutman, awarded for article on legalizing medical marijuana.
Guttorm Schjelderup: An argument commonly used by the people behind letterbox companies registered in tax havens is that they operate from tax havens to avoid double taxation. Is that correct? And what is meant by double taxation?
The article "Tax competition between developed, emerging, and developing countries – Same same but different?" has been published in Journal of Development Economics.
Guttorm Schjelderup: Users of tax havens claim to do nothing wrong and that they want to avoid double taxation, but the legal users legitimate and support a system with great damaging effects.
Not many could have foreseen that a virus would bring the global economy to its knees in 2020, writes Professor Ola H Grytten.
Loans are no use when customers disappear, writes NHH Professor Victor D Norman.
Guttorm Schjelderup: In the public debate wealth tax is emphasised as the reason why the richest people emigrate, but the tax savings by avoiding capital gains taxation amounts to much more.
UBS whistle blower Bradley C. Birkenfeld, Director of Group Compliance Mirella Elisa Os Wassiluk (DNB) and NHH Professor Guttorm Schjelderup are speaking at an NHH conference on financial secrecy in March.
The article "Pushing the Wrong Buttons: VAT Evasion by Misclassification of Meal Consumption Type" has been published in European Accounting Review.
Petter Bjerksund, Linda Nøstbakken and Jarle Møen: The Norwegian Seafood Research Fund finances projects for University of Stavanger researchers, who then launch their own theories about taxation of economic rents.
Iver Bragelien: Naturally it is always rough to lose values you thought that you had, but it helps to be extremely rich when that happens.
The Ministry of Finance has appointed Professor Jarle Møen as Norwegian member of The Nordic Tax Research Council.
On Thursday 17 October 2019 Aija Rusina will hold a trial lecture on a prescribed topic and defend her thesis for the PhD degree at NHH.
NHH promotes Endre Bjørndal, Mario Guajardo and Arnt Ove Hopland as full professors at the Department of Business and Management Science.
Harvard Professor Alberto Alesina is this year’s guest lecturer at NHH’s Sandmo Lecture on Public Policy.
Malin Arve: Is a new government item of expenditure to be sneaked in? Public Procurement (Statens Innkjøpssenter) becomes permanent, without a sufficiently thorough evaluation. We should not accept it.
The article "Proft shifting and investment effects: The implications of zero-taxable profits" has been accepted for publication in Journal of Public Economics.
The article "Will destination-based taxes be fully exploited when available? An application to the U.S. commodity tax system" has been published in Journal of Public Economics.
The article "Fiscal competition and public debt" has been published in Journal of Public Economics.
Corporations that invest in the tax havens blacklisted by the EU are penalised in the stock market. This shaming leads to weaker share prices.
The practical relevance of research is on the agenda when the Norwegian Tax Accounting Symposium 2018 takes place this week.
Jarle Møen: The wealth tax may be structured in such a way that owners of smaller firms are given relieves, while owners of big fortunes are not.
The article "Double tax discrimination to attract FDI and fight profit shifting: The role of CFC rules" has been accepted for publication in Journal of International Economics.
A paper by Evelina Gavrilova-Zoutman and Floris Zoutman has received great attention from international media.
Several of the researchers at the Norwegian Centre for Taxation have published in top ranked journals in 2017. Last in the series of top articles is forthcoming in Econometrica.
This week Evelina Gavrilova-Zoutman was invited to the Danish Folketinget to talk about cannabis legalization, based on her top publication on the subject.
Who should manage Norway’s enormous oil wealth? Should Norway’s ‘Oil Fund’ be moved out of Norges Bank? Three NHH researchers outline possible solutions.
This week The Norwegian Center for Taxation (NoCeT) has invited researchers from USA, Canada and Europe to the historical Bryggen in Bergen.
Watch the Agnar Sandmo Lecture given by Nobel Laureate Peter Diamond, Professor at Massachusetts Institute of Technology.
«I normally shy away from use of the word inequality, but it's become such a hot topic that it becomes harder and harder to do that» (Nobel Laureate Peter Diamond).
President Trump will transfer weapon and equipment from the nation´s military to state and local police. He believes this will reduce crime and refers to a NHH study published in AEJ. The debate is raging in Washington Post.
Research by NHH researchers Evelina Gavrilova and Floris Zoutman on the impact of the passage of medical marijuana laws in American states bordering Mexico, is featured in a recent article in The Economist.
An article by Evelina Gavrilova- Zoutman and Floris Zoutman has been accepted for publication in highly prestigious The Economic Journal.
The article "Is Legal Pot Crippling Mexican Drug Trafficking Organizations? The Effect of Medical Marijuana Laws on US Crime" has been accepted for publication in The Economic Journal.
Research from NoCeT was used as basis for a debate about profit-shifting in Parliament on February 21.
This is the conclusion in a recent Master thesis from the Norwegian Centre for Taxation.
