Mihir A Desai
Biographic Data
| ID | 2072117 |
|---|---|
| NAME | Mihir A Desai |
| GIVEN NAMES | Mihir A |
| FAMILY NAME | Desai |
| SIGNATURE | DESAI M A |
| AFFILIATIONS | Harvard University |
| VERIFIED | No |
| TOTAL WORKS | 4 |
| TOTAL CITATIONS | 20 |
| AUTHOR COUNT | 4 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2005 |
| LATEST PUBLICATION YEAR | 2016 |
| H-INDEX | 2 |
Trade Credit and Taxes
This paper analyzes the extent to which tax differences affect the use of trade credit. U.S.-owned affiliates in low-tax countries use trade credit to lend, whereas those in high-tax countries use trade credit to borrow: 10% lower local tax rates are associated with net trade credit positions that are 1.4% higher as a fraction of sales. The use of trade credit to get capital out of low-tax, low-return environments is also illustrated by the tempo…
Dividend Taxes and International Portfolio Choice
This paper investigates how dividend taxes influence portfolio choices, using the response to the distinctive treatment of a subset of foreign dividends in the Jobs and Growth Tax Relief Reconciliation Act (JGTRRA) of 2003. An open-economy after-tax capital asset pricing model is used to derive the hypothesis that JGTRRA should lead to a portfolio reallocation by U.S. investors toward equities in tax-favored countries. A difference-in-difference …
The fiscal impact of high-skilled emigration
The Degradation of Reported Corporate Profits
Recent corporate scandals have highlighted abuses by firms overstating profits to capital markets. In a related but less noticed vein, the reporting of profits to tax authorities has come under increased scrutiny with heightened concerns over the spread of tax avoidance activities. How could firms simultaneously be inflating profits reported to the capital markets and understating profits reported to tax authorities? The practical answer is that …
The fiscal impact of high-skilled emigration
The Degradation of Reported Corporate Profits
Recent corporate scandals have highlighted abuses by firms overstating profits to capital markets. In a related but less noticed vein, the reporting of profits to tax authorities has come under increased scrutiny with heightened concerns over the spread of tax avoidance activities. How could firms simultaneously be inflating profits reported to the capital markets and understating profits reported to tax authorities? The practical answer is that …
The Degradation of Reported Corporate Profits
Recent corporate scandals have highlighted abuses by firms overstating profits to capital markets. In a related but less noticed vein, the reporting of profits to tax authorities has come under increased scrutiny with heightened concerns over the spread of tax avoidance activities. How could firms simultaneously be inflating profits reported to the capital markets and understating profits reported to tax authorities? The practical answer is that …
The fiscal impact of high-skilled emigration
Dividend Taxes and International Portfolio Choice
This paper investigates how dividend taxes influence portfolio choices, using the response to the distinctive treatment of a subset of foreign dividends in the Jobs and Growth Tax Relief Reconciliation Act (JGTRRA) of 2003. An open-economy after-tax capital asset pricing model is used to derive the hypothesis that JGTRRA should lead to a portfolio reallocation by U.S. investors toward equities in tax-favored countries. A difference-in-difference …
Trade Credit and Taxes
This paper analyzes the extent to which tax differences affect the use of trade credit. U.S.-owned affiliates in low-tax countries use trade credit to lend, whereas those in high-tax countries use trade credit to borrow: 10% lower local tax rates are associated with net trade credit positions that are 1.4% higher as a fraction of sales. The use of trade credit to get capital out of low-tax, low-return environments is also illustrated by the tempo…
Economics (4 works) · Finance (3 works) · Monetary economics (3 works) · Business (2 works) · Corporate Finance and Governance (2 works) · Corporate Taxation and Avoidance (2 works) · Double taxation (2 works) · Finance (2 works) · Market economy (2 works) · Accounting (1 works)