profit shifting channels different from those of other firms. We propose a novel and bank-specific method of profit shifting … bank, we show that a one percentage point lower corporate tax rate increases banks' fixed-income trading assets by 4.0% and …

profit shifting channels different from those of other firms. We propose a novel and bank-specific method of profit shifting … bank, we show that a one percentage point lower corporate tax rate increases banks'fixed-income trading assets by 4.0% and …

We use mandatory Russian banks' reports to the Central Bank to construct a novel measure of offshore …-banking. Individual bank involvement in offshore operations is calculated as a fraction of total transactions with foreign countries that … companies doing business through these banks. Finally, we show that the Central Bank eventually responds to this behavior …

for up to 5 years between 2013 and 2017. I identify the main locations of European bank's profits, which include the …

We document that the first leak of customer information from a tax haven bank caused a significant decrease in the …