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This paper uses micro data from country-by-country reporting of more than 3600 large multinational companies operating in 238 jurisdictions to analyze global profit shifting to avoid taxes. These companies report 7% of their global profits in jurisdictions with effective average tax rates below...
Persistent link: https://www.econbiz.de/10013202392
panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia … purposefully undermine US sanction efforts, we test whether target countries' trade with China and Russia increases under US trade … countries. Trade of targets of US sanctions with China declines even more than trade with the US. These general patterns are …
Persistent link: https://www.econbiz.de/10013455721