DO U.S. MULTINATIONALS FACE DIFFERENT TAX BURDENS THAN DO OTHER COMPANIES?

multinationals face a different tax burden than companies that do business only in the U.S.? Do U.S. multinationals face a different tax burden from multinationals that are incorporated in other countries? These questions are important because differences in tax burden can affect where firms incorporate (i.e., establish their legal domicile) and can entice them to relocate. Answers to these questions may shed light on current policy issues, such as inver-sions and responses to the World Trade Organization. The paper reviews the extant empirical evidence related to inferences of a U.S. multinational's "tax competitiveness " and offers new evidence comparing the average tax rates of U.S. multinationals to both U.S. domes-tics and to non-U.S. multinationals. In assessing evidence related t