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Profit shifting of multinational corporations in the European Union: evidence and policy reforms

Janský, Petr - 2021

Profit shifting of multinational corporations (MNCs) negatively affects citizens, governments as well as other companies in the European Union. This consensus seems to be emerging in spite of the fact that the phenomenon of profit shifting is unobservable directly and therefore only indirect and...

Persistent link: https://www.econbiz.de/10012697533

Corporate profit shifting and the role of tax havens : evidence from German country-by-country reporting data

Fuest, Clemens; Hugger, Felix; Neumeier, Florian - 2021

for multinationals exceeding a certain revenue threshold. We show that 82% of the German multinationals subject to CbC …, only 9% of the global profits of German multinationals are reported in tax havens. Results from regression analysis suggest … annual tax base loss for Germany amounts to EUR 5.4 billion. Adding estimates of profit shifting by multinationals not …

Persistent link: https://www.econbiz.de/10012417748

Multinational corporations' effective tax rates : evidence from orbis

Janský, Petr; Garcia-Bernardo, Javier; Torslov, Thomas - 2020

Effective tax rates (ETRs) estimated from the balance sheet data of multinational corporations (MNCs) are useful for comparing MNCs' corporate income taxation across countries. In this paper we propose a new methodological approach to estimate ETRs as reliably and as for as many countries as...

Persistent link: https://www.econbiz.de/10012242919

Multinational corporations and tax havens : evidence from country-by-country reporting

Garcia-Bernardo, Javier; Jansky, Petr; Tørsløv, Thomas - 2019

A growing body of economics literature shows that multinational corporations (MNCs) shift their profits to tax havens. We contribute to this evidence by comparing a range of available data sets focusing on US MNCs, including country-by-country reporting data which has been released in December...

Persistent link: https://www.econbiz.de/10012122641

Profit shifting of multinational corporations worldwide

Garcia-Bernardo, Javier; Janský, Petr - 2021

We exploit the new multinational corporations' country-by-country reporting datawith unparalleled country coverage to 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...

Persistent link: https://www.econbiz.de/10012542275

Profit shifting of multinational corporations worldwide

Garcia-Bernardo, Javier; Janský, Petr - 2023 - Revised version: December 2023

We exploit the new country-by-country reporting data of multinational corporations, with unparalleled country coverage, to reveal the distributional consequences of profit shifting. We estimate that multinational corporations worldwide shifted over $ 850 billion in profits in 2017, primarily to...

Persistent link: https://www.econbiz.de/10014444756

Profit Shifting and Investment Effects : The Implications of Zero-Taxable Profits

Koethenbuerger, Marko - 2018

profit. Setting up a model that allows for profitable and loss-making affiliates of multinationals, we show that profit …

Persistent link: https://www.econbiz.de/10012921411

Wages and international tax competition

Krautheim, Sebastian; Schmidt-Eisenlohr, Tim - 2012

Rent-sharing between firm owners and workers is a robust empirical finding. If workers bargain with firms, information on the actual surplus is essential. When the firm can use profit shifting to create private information on the surplus, it can thereby reduce its wage bill. We study how rent...

Persistent link: https://www.econbiz.de/10009571265

Limiting profit shifting in a model with heterogeneous firm productivity

Langenmayr, Dominika - 2011

This paper analyzes measures that limit firms' profit shifting activities in a model that incorporates heterogeneous firm productivity and monopolistic competition. Such measures, e.g. thin capitalization rules, have become increasingly widespread as governments have reacted to growing profit...

Persistent link: https://www.econbiz.de/10009375759

Wages and International Tax Competition

Krautheim, Sebastian - 2012

Persistent link: https://www.econbiz.de/10013104179