000			01712nab a2200301 c 4500
999			_c140765 _d140765
003			ES-MaIEF
005			20200205160126.0
007			ta
008			190619s2018 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aeng
100	1		_967320 _aHardeck, Inga
245		0	_aAssessing the tax benefits of hybrid arrangements _bevidence from the Luxembourg leaks _c Inga Hardeck and Patrick U. Wittenstein
260			_c2019
500			_aDisponible también en formato electrónico en la Biblioteca del IEF.
500			_aResumen.
504			_aBibliografía.
520			_aUsing the Luxembourg Leaks database, we study how multinational firms avoid taxes via hybrid arrangements and assess their corresponding tax benefits. Confidential tax rulings included in this database enable us to deduce and classify the tax arrangements that 123 firms implemented by means of conduit entities in Luxembourg. Based on a difference-in-differences methodology, we show that hybrid arrangements are related to substantial and continuous effective tax rate reductions. These results hold under several robustness checks. Overall, our paper is one of the first to provide empirical support for the considerable benefits of hybrid arrangements outlined in prior theoretical research.
650		4	_aEMPRESAS MULTINACIONALES _943600
650			_aIMPUESTOS _947460
650		4	_aTAX RULINGS _965151
650		4	_aPARAISOS FISCALES _947950
650		4	_aLUXEMBURGO _947658
650		4	_943410 _aELUSION FISCAL
700	1		_967294 _aWittenstein, P. U.
773	0		_9160558 _oOP 233/2018/2 _tNational Tax Journal _w(IEF)86491 _x 0028-0283 _g v. 71, n. 2, June 2018, p. 295-334
942			_cART