Multinational taxation is an area of research that encompasses academics in accounting,finance and economics. In particular, researchers are interested in determining whethertaxation alters where multinational corporations (MNCs) operate their businesses. A review ofthe literature on foreign direct investment provides clear support for taxes influencing MNCs'location decisions. In addition, MNCs appear to organize themselves in a manner to increasethe amount of their profits invested in relatively lightly taxed jurisdictions. By altering thelocation and the character of income across jurisdictions, MNCs are able to reduce their taxburdens. The natural extension of these lines of research, then, is determining the welfareconsequences of MNCs' sensitivity to taxation.Taxation of Multinational Corporations aggregates the large body of international tax literaturesuccinctly in one location. Very little of what is incorporated in this piece is novel. Rather, itborrows heavily from those researchers who have focused their careers on understandingtaxation in the multinational context. Unfortunately, because much of the research in this areais dominated by work involving U.S. data, the review is also quite U.S.-centric. However, manycountries' multinational tax rules are quite similar. This is primarily attributable to the conformitygenerated in tax treaties based on the model treaty outlined by the Organization for EconomicCooperation and Development (OECD). So, although...