Results 271 to 280 of about 2,848,929 (309)

Offshore Profit Shifting and Aggregate Measurement: Balance of Payments, Foreign Investment, Productivity, and the Labor Share

The American Economic Review, 2022
We show how offshore profit shifting by US multinational enterprises affects several key measures of the US economy. Profits shifted out of the United States grew rapidly from the mid-1990s to 2010 and have since waned.

semanticscholar   +1 more source

Tax rate motivated profit shifting and base erosion by multinational corporations: Indian evidence

International Journal of Emerging Markets, 2022
PurposeProfit shifting is a matter of great concern for governments internationally. It leads to the loss of tax revenues and puts multinational corporations (MNCs) in a disparate position.
Suveera Gill, T. Arora, K. Gandhi
semanticscholar   +1 more source

Multinationals’ Sales and Profit Shifting in Tax Havens

American Economic Journal: Economic Policy, 2022
We show that US multinationals record sales and the profits from these sales in tax havens while their goods and services are physically sold in other countries. We propose a framework illustrating the strategy of sales shifting.
Sébastien Laffitte, Farid Toubal
semanticscholar   +1 more source

PROFIT SHIFTING BEFORE AND AFTER THE TAX CUTS AND JOBS ACT

National tax journal, 2020
In recent years, profit shifting by multinational companies (MNCs) has generated substantial revenue costs to the U.S. government. The Tax Cuts and Jobs Act (TCJA) changed U.S. international tax law in several important ways.
K. Clausing
semanticscholar   +1 more source

Tax-Motivated Profit Shifting in Big 4 Networks: Evidence from Europe

Accounting, Organizations and Society, 2021
Accounting research on tax has primarily focused on documenting the income shifting strategies of multinational corporations. However, no studies, as far as we are aware, have hitherto explored how large accountancy firms manage their own tax affairs ...
Anastasios Elemes, Bradley S. Blaylock, Crawford Spence   +2 more
semanticscholar   +1 more source

Profit Shifting During Foreign Tax Holidays

Social Science Research Network, 2021
We undertake the first empirical analysis of profit shifting by U.S. firms during foreign tax holidays. We show that foreign tax holidays have become a prevalent and powerful tax planning strategy among U.S. firms. We find that U.S.
Travis Chow, Jeffrey L. Hoopes, Edward L. Maydew   +2 more
semanticscholar   +1 more source

The case of taxing multinational corporations in Uganda: Do multinational corporations face lower effective tax rates and is there evidence for profit shifting?

, 2021
We study how large domestic firms and multinational corporations compare in their effective tax rates and whether there is evidence of profit shifting out of Uganda.
Aliisa Koivisto, Nicholas Musoke, Dorothy Nakyambadde, C. Schimanski   +3 more
semanticscholar   +1 more source

A Study of Cross-Border Profit Shifting Channels

Social Science Research Network, 2021
In this study, we investigate two cross-border profit shifting channels of foreign multinational enterprises (MNEs) in Australia and assess the effectiveness of the related measures adopted by the Australian Parliament to combat base erosion and profit ...
A. Tran, Wanmeng Xu
semanticscholar   +1 more source

Tax Policy, Investment and Profit Shifting

Social Science Research Network
Multinational firms (MNEs) often pay no tax in high-tax countries because they shift a large fraction of their taxable income to tax havens. We build a model of tax policy and investment that incorporates unobserved heterogeneity in MNEs’ profitshifting ...
Katarzyna Bilicka, Michael P. Devereux, Irem Güçeri   +2 more
semanticscholar   +1 more source

Intra-Industry Diffusion of Profit Shifting Strategies

Social Science Research Network, 2021
Does tax knowledge spread across firms? This paper provides systematic evidence along these lines using data on US-listed firms' presence in tax havens and an event study.
Baptiste Souillard
semanticscholar   +1 more source