Laffitte, Sébastien
Multinationals' sales and profit shifting in tax havens / Sébastien Laffitte, Farid Toubal
Resumen.
Bibliografía.
We show that US multinationals record sales and the profits from these sales in tax havens while their goods and services are physically sold in other countries. We propose a framework illustrating the strategy of sales shifting. Our results reveal the importance of tax havens, which attract a disproportionate fraction of worldwide sales. Our quantification shows a large contribution of sales shifting to multinationals' profit shifting, which amounted to $80 billion in 2013. Our findings suggest that international corporate tax rules based on sales may not address profit shifting efficiently if the policy designs are unable to identify sales by destination.
EMPRESAS MULTINACIONALES
ESTADOS UNIDOS
VENTAS
BENEFICIOS
IMPUESTOS
EROSIÓN DE LA BASE IMPONIBLE Y TRASLADO DE BENEFICIOS
ELUSION FISCAL
EVASION FISCAL
PARAISOS FISCALES
Toubal, Farid
American Economic Journal : Economic Policy 1945-7731 v. 14, n. 4, November 2022, p. 371-396
Multinationals' sales and profit shifting in tax havens / Sébastien Laffitte, Farid Toubal
Resumen.
Bibliografía.
We show that US multinationals record sales and the profits from these sales in tax havens while their goods and services are physically sold in other countries. We propose a framework illustrating the strategy of sales shifting. Our results reveal the importance of tax havens, which attract a disproportionate fraction of worldwide sales. Our quantification shows a large contribution of sales shifting to multinationals' profit shifting, which amounted to $80 billion in 2013. Our findings suggest that international corporate tax rules based on sales may not address profit shifting efficiently if the policy designs are unable to identify sales by destination.
EMPRESAS MULTINACIONALES
ESTADOS UNIDOS
VENTAS
BENEFICIOS
IMPUESTOS
EROSIÓN DE LA BASE IMPONIBLE Y TRASLADO DE BENEFICIOS
ELUSION FISCAL
EVASION FISCAL
PARAISOS FISCALES
Toubal, Farid
American Economic Journal : Economic Policy 1945-7731 v. 14, n. 4, November 2022, p. 371-396