Which multinationals can escape high Statutory Tax Rates? The Profit-Shifting strategy to reduce taxes

Castillo-Murciego, Ángela (Universidad de Zaragoza) ; López-Laborda, Julio (Universidad de Zaragoza)

Resumen: Multinationals can escape high Statutory Tax Rates (STRs) by way of Profit-Shifting (P-S) and in this form, reduce the Effective Tax Rate (ETR) they ultimately pay. In this article, we find evidence for Spain consistent with P-S, since the relationship between STRs and ETRs becomes negative for multinationals with characteristics that may facilitate P-S, i.e. being very large, having at least one tax haven affiliate, and owning Intellectual Property.

Idioma: Inglés

DOI: 10.1080/13504851.2022.2140106

Año: 2024

Publicado en: APPLIED ECONOMICS LETTERS 31, 6 (2024), 550-554
ISSN: 1350-4851

Factor impacto JCR: 1.6 (2022)

Categ. JCR: ECONOMICS rank: 236 / 380 = 0.621 (2022) - Q3 - T2

Factor impacto CITESCORE: 2.5 - Economics, Econometrics and Finance (Q2)

Factor impacto SCIMAGO: 0.45 - Economics and Econometrics (Q2)

Financiación: info:eu-repo/grantAgreement/ES/DGA/S23-20R

Tipo y forma: Artículo (PostPrint)

Área (Departamento): Área Organización de Empresas (Dpto. Direcc.Organiza.Empresas)
Área (Departamento): Área Economía Aplicada (Dpto. Economía Aplicada)