Wier, Ludvig S.; Zucman, Gabriel - National Bureau of Economic Research - 2022
This paper constructs time series of global profit shifting covering the 2015-19 period, during which major … international efforts were implemented to curb profit shifting. We find that (i) multinational profits grew faster than global … fraction of global corporate tax revenue lost due to profit shifting rose from 9 to 10 per cent. We extend our time series back …