000			02049nab a2200325 c 4500
003			ES-MaIEF
005			20181116124957.0
007			ta
008			181116t2018 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_958697 _aHeckemeyer, Jost Heinrich
245		1	_a"Home sweet home" versus international tax planning _b : where do multinational firms hold their U.S. trademarks? _c Jost H. Heckemeyer, Pia Olligs and Michael Overesch
260			_c2018
500			_aDisponible también en formato electrónico a través de la Biblioteca del IEF.
500			_aResumen.
504			_aBibliografía.
520			_aThis study analyzes whether tax incentives affect the geographical allocation of U.S. trademark rights within large multinational enterprises. Considering the S&P 500 firms, we find a strong home country concentration of U.S. trademark ownership. Our results suggest that offshore ownership of trademarks is mainly motivated by foreign activities rather than tax considerations. An analysis of the location choice reveals a significant negative impact of host-country taxes but only if controlled-foreign-company legislation does not apply. Companies active in industries that are known for producing mobile income tend to hold more trademarks offshore. In particular, trademarks of software firms and drugmakers are overrepresented in tax havens. European multinationals share similar location preferences.
650		4	_943600 _aEMPRESAS MULTINACIONALES
650		4	_947696 _aMARCAS
650		4	_948233 _aREGISTRO INDUSTRIAL
650		4	_947460 _aIMPUESTOS
650		4	_947462 _aINCENTIVOS FISCALES
650		4	_942888 _aESTADOS UNIDOS
700	1		_966720 _aOlligs, Pia
700	1		_956380 _aOveresch, Michael
773	0		_9158087 _oOP 233/2018/3 _tNational Tax Journal _w(IEF)86491 _x 0028-0283 _g v. 71, n. 3, September 2018, p. 485-520
856			_uhttps://ntanet.org/NTJ/71/3/ntj-v71n03p485-520-Where-Do-Multinational-Firms-Hold-Their-US-Trademarks.html
942			_cART
999			_c139270 _d139270