Arbeitspapier
Multinationals' profit response to tax differentials: Effect size and shifting channels
This paper provides a quantitative review of the empirical literature on profit-shifting behavior of multinational firms. We synthesize the evidence from 25 studies and find a substantial response of profit measures to international tax rate differentials. Accounting for misspecification biases by means of meta-regressions, we predict a tax semi-elasticity of subsidiary pre-tax profits of about 0.8. Moreover, we disentangle the tax response by means of financial planning from the transfer pricing and licensing channel. Our results suggest that transfer pricing and licensing are the dominant profit-shifting channel.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEW Discussion Papers ; No. 13-045
- Klassifikation
-
Wirtschaft
Business Taxes and Subsidies including sales and value-added (VAT)
Tax Evasion and Avoidance
Fiscal Policies and Behavior of Economic Agents: Firm
- Thema
-
Profit Shifting
Multinational Firm
Corporate Income Tax
Meta-Analysis
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Heckemeyer, Jost H.
Overesch, Michael
- Ereignis
-
Veröffentlichung
- (wer)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (wo)
-
Mannheim
- (wann)
-
2013
- Handle
- URN
-
urn:nbn:de:bsz:180-madoc-340498
- Letzte Aktualisierung
- 10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Heckemeyer, Jost H.
- Overesch, Michael
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Entstanden
- 2013
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