Braun, Julia; Weichenrieder, Alfons J. - Research Center SAFE (Sustainable Architecture for … - 2015
data of German investments in tax havens, we find evidence that the conclusion of a bilateral tax information exchange … agreement (TIEA) is associated with fewer operations in tax havens and the number of German affiliates has on average decreased … by 46% compared to a control group. This suggests that firms invest in tax havens not only for their low tax rates but …