This paper employs unique data on export transactions and corporate tax returns of UK multinational firms and finds that firms manipulate their transfer prices to shift profits to lowertaxed destinations. It uncovers three new findings on tax-motivated transfer mispricing in real goods. First,...

The article analyses a decision from Brazil's Superior Court of Justice (STJ) to exclude withholding tax on dividends paid out to nonresident shareholders. The author argues that the Court ruling misinterpreted article 24 of the Brazil-Sweden tax treaty and explains that the Brazilian Supreme...