study profit shifting to tax havens. We showthat a logarithmic function is preferable to linear and quadratic ones for … modelling the extremely non-linear relationship between profits and tax rates. Using thismethodology, we reveal that … so most aggressively. We establish that the Cayman Islands is the largest tax haven, whereas countries with lower incomes …

shifted over $ 850 billion in profits in 2017, primarily to countries with effective tax rates below 10%. Countries with lower … incomes lose a larger share of their total tax revenue due to profit shifting. We further show that a logarithmic function is … better suited for capturing the non-linear relationship between profits and tax rates than linear or quadratic functions. Our …

Corporate tax avoidance hampers domestic revenue mobilization and, with it, the development of lower- and middle … income. We hypothesize that developed countries tend to recover a larger part of corporate tax revenue losses (primary …, developed countries can offset tax losses by borrowing in financial markets at very low interest rates (tertiary effect or …

tax revenues being lost around the world each year - but reform efforts have thus far failed to deliver measurable …. More recently, countries have committed also to ensure that MNEs' global profits are subject to a minimum effective tax … rate, but progress towards international agreement remains stalled. Our proposal for a minimum effective tax rate (METR …

Effective tax rates (ETRs) estimated from the balance sheet data of multinational corporations (MNCs) are useful for … estimate the ETR of a country as the ratio of corporate income tax to gross income for all affiliates of MNCs in that country …

A growing body of economics literature shows that multinational corporations (MNCs) shift their profits to tax havens … tax rates that US MNCs face in each country and the amount of profits they report. Using country-by-country reporting data …, we have been able to establish that lower effective corporate tax rates are associated with higher levels of reported …