profit shifting without suffering major FDI losses: A strictly positive withholding tax on royalty payments is both the … sufficiently responsive, governments can even implement Paretooptimal targeting. Then, the royalty tax closes the profit …

This paper investigates profit-shifting behaviour among a large sample of multinational corporations (MNCs) in China …. While profit-shifting behaviour is difficult to observe directly, it can be inferred from the behaviour of firms. That is … elasticities are much smaller than EM&W. This suggests that the extent of profit-shifting was relatively small during China …

This paper investigates profit-shifting behaviour among multinational corporations (MNCs) in China. The authors exploit … find evidence consistent with profit-shifting. However, this approach is suspect because the nature of China’s tax … search for the existence of a group of profit-shifting MNCs. While their analysis identifies two types of firms, subsequent …