Laplante, Stacie K.; Lewellen, Christina M.; Lynch, … - 2021
erosion and anti-abuse tax (BEAT). The Tax Cuts & Jobs Act of 2017 included the BEAT to combat income shifting from the U … of goods sold. We use a triple-difference design that leverages the BEAT filing threshold of $500 million in revenue and … BEAT relative foreign subsidiaries of MNCs not subject to BEAT consistent with cost reclassification. We also find this …