We investigate whether controlled foreign corporation (CFC) rules influence cross-border merger and acquisition (M&A) activity on a global scale. CFC rules are one main anti-tax avoidance measure and potentially lead to immediate taxation of foreign subsidiaries' income at parent level....

This paper investigates the factors that determine tax evasion in Ghana using time series data covering the period 1970-2010. Employing the currency demand approach, we obtained the estimates of the shadow economy and the level of tax evasion for the entire period. Using the bounds test...

Der Aufsatz diskutiert die Verbreitung steuergesetzlicher Maßnahmen, die multinationalen Firmen eine bevorzugte steuerliche Behandlung einräumen. Der Schwerpunkt liegt dabei auf der Analyse der Aufkommens- und Wohlfahrtswirkungen von international koordinierten Maßnahmen, diese Steuervorteile...

Trotz internationaler Reformen mit dem Ziel, grenzüberschreitende Steuerhinterziehungsaktivitäten einzudämmen, ist die Bedeutung globaler Offshore-Finanzvermögen von 2001 bis 2021 relativ konstant geblieben: Gemessen an der globalen Wirtschaftsleistung schwanken sie um etwa zehn Prozent....

Eine höhere Besteuerung der Reichen kann nur dann Ungleichheit begrenzen, wenn sie konsequent durchgesetzt wird. Deshalb beschäftigt sich dieser Beitrag mit der internationalen Kooperation gegen Steuerflucht. Es wird erörtert, welche Formen von Steuerflucht, -vermeidung und -wettbewerb es...

In the actual context of economic globalization, tax havens represent a significant obstacle for global governments seeking to increase their fiscal incomes and a source of polarization of income and wealth. Statistics reports showed that tax havens hold at least $10 trillion in assets, money...

In this paper the authors analyze the existence of profit shifting between Spain and other OECD and EU countries. Using a sample of 1,169 Spanish subsidiaries owned by foreign OECD and EU parent companies and a sample of 317 EU subsidiaries owned by Spanish parent companies, taken from the...

In this paper, we analyse a sample of voluntarily published country-by-country reports (CbCRs) of 35 multinational enterprises (MNEs). We assess the value added and the limitations of qualitative and quantitative information provided in the reports based on a comparison to individual MNEs’...

Tax planning is part of modern financial management worldwide, and the countries of Central Europe are no exception. Tax havens provide opportunities for managers to increase companies profits through tax reduction. Naturally, there are differences in ownership structures; therefore, the...

The opportunities to avoid paying taxes provided by tax havens have motivated numerous multinational companies to resort to offshore operations, generating a significant tax loss at a global level. Romania is facing the same problem and the Finance Minister estimates that offshore operations in...