@article{article_352521, title={Does Foreign Capital Increase Tax Revenue: The Turkish Case}, journal={International Journal of Economics and Financial Issues}, volume={6}, pages={776–781}, year={2016}, url={https://izlik.org/JA43RB78LM}, author={Balıkçıoğlu, Eda and Dalgıç, Başak and Fazlıoğlu, Burcu}, keywords={Foreign Direct Investment, Tax Revenue, and Generalized Method of Moments}, abstract={We examine the effect of the foreign direct investment (FDI) on taxes paid for Turkey with a special focus on the differentials between firms operating with different technology levels. We utilize a comprehensive dataset for Turkish manufacturing firms over 2004-2012 period and employ Generalized Method of Moments methodology. The results of the study confirm that foreign affiliation increase the taxes paid by the firms. We find a bigger impact of FDI on taxation for high-technology firms than medium or low technology firms.}, number={2}