BEGIN:VCALENDAR VERSION:2.0 PRODID:-//FIW //NONSGML Events //EN CALSCALE:GREGORIAN X-WR-CALNAME:FIW BEGIN:VEVENT CREATED:20260601T130440Z UID:7877 DTEND:20260609T171500Z DTSTART:20260609T154500Z DTSTAMP:20260601T174154Z LOCATION:Oskar-Morgenstern-Platz 1\, 1090 Vienna University of Vienna\, Faculty of B usiness\, Economics and Statistics\, Lecture hall 15\, 2nd floor DESCRIPTION:

The FIW Research Centre International Economics and its partne rs kindly invite you to participate in the upcoming Vienna International Ec onomics Seminar (VIES) on the topic: An Economic Analysis of Extraterritori al Taxation\, joint with G. Zucman. Abstract: This paper provides an econo mic analysis of extraterritorial taxation\, whereby a country imposes top-u p taxes on the foreign profits of multinationals accessing its market to en force a minimum effective rate. We characterize incidence\, welfare\, and o ptimal unilateral policy in a flexible monopolistic-competition model\, wit h extensions to oligopoly and carbon taxation. Four results emerge. First\, extraterritorial taxation raises revenue but distorts prices upward in the taxing country and downward elsewhere through sales reshuffling\; when for eign profits are untaxed\, revenue gains dominate consumer losses for any c ountry\, regardless of size. Second\, with a positive foreign rate welfare effects become ambiguous: the optimal top-up rises with domestic market sha re and falls with the foreign rate\, so only sufficiently large coalitions can overtax already-taxed firms. Third\, extraterritorial profit taxation w elfare-dominates tariffs. Fourth\, per-capita gains rise more than proporti onally with coalition size. Rather than provoking retaliation\, extraterrit orial collection inverts tax competition and generates incentives for a rac e to the top—a logic that extends naturally to carbon pricing. Speaker: M athieu Parenti (Paris School of Economics) Webpage: https://sites.google.co m/site/mathieuparenti/home When: Tuesday\, June 09\, 17.45-19.15 p.m.. Wher e: lecture hall 15\, 2nd floor Oskar-Morgenstern-Platz 1\, 1090 Wien The ma in entrance at Oskar-Morgenstern-Platz 1 is the easiest way to get to lectu re hall 15\, 2nd floor.     Registration: Participants are requested to r egister in advance with Julia Hnidek (julia.hnidek@univie.ac.at).   The Vi enna International Economics Seminar (VIES) is a joint initiative of CEU\, FIW Research Centre International Economics\, Universität Wien\, WIFO\, wi iw\, and WU Vienna. The VIES seminar is dedicated to frontier research in i nternational economics and features presentations by renowned international scholars. The seminar is held at irregular intervals on Tuesdays from 17:4 5 to 19:15\, alternating each semester between participating institutions. From October 2025 to January 2026\, the seminar will be hosted by the Unive rsity of Vienna. Organizers: Gábor Békés (CEU)\, Alejandro Cuñat (Vienn a U.)\, Harald Fadinger (Vienna U.)\, Gabriel Felbermayr (WIFO\, WU)\, Mikl ós Koren (CEU)\, Harald Oberhofer (WIFO\, WU)\, Robert Stehrer (wiiw). The seminar is currently coordinated by Harald Fadinger. For more information and the detailed seminar schedule\, please visit: https://sites.google.com/ view/viennainternationaleconomicsse/       SUMMARY:VIES-Seminar with Mathieu Parenti (Paris School of Economics) ORGANIZER:FIW URL;VALUE=URI:https://www.fiw.ac.at/event/vies-seminar-with-mathieu-parenti-paris-school- of-economics/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20260609 DESCRIPTION:Reminder for VIES-Seminar with Mathieu Parenti (Paris School of Economics) END:VALARM END:VEVENT END:VCALENDAR