Qian, Xuefeng; Tian, Bifei; Reed, W. Robert; Chen, Ziruo - In: Economics: The Open-Access, Open-Assessment E-Journal 12 (2018) 2018-58, pp. 1-25
This paper investigates profit-shifting behaviour among multinational corporations (MNCs) in China. The authors exploit the flat-rate structure of China's corporate income tax, along with its system of targeted, preferential rates, to estimate the relationship between profits and tax rates....