000			01495nab a2200253 c 4500
003			ES-MaIEF
005			20190918190041.0
007			ta
008			190918t2019 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aspa
100	1		_967129 _aBilicka, Katarzyna
245		0	_aComparing UK tax returns of foreign multinationals to matche domestic firms _c by Katarzyna Anna Bilicka
260			_c2019
500			_aResumen.
520			_aIn this paper, I use confidential UK corporate tax returns data to explore whether there are systematic differences in the amount of taxable profits that multinational and domestic companies report. I find that the ratio of taxable profits to total assets reported by foreign multinational subsidiaries is one-half that of comparable domestic standalones. The majority of the difference is attributable to the fact that a higher proportion of foreign multinational subsidiaries report zero taxable profits. I document how the estimated difference is related to profit shifting and show that using accounting data leads to much smaller estimates of the difference.
650		4	_943600 _aEMPRESAS MULTINACIONALES
650		4	_948469 _aSOCIEDADES EXTRANJERAS
650		4	_aIMPUESTOS _947460
650		4	_941766 _aDECLARACIONES TRIBUTARIAS
650		4	_948241 _aREINO UNIDO
773	0		_9161014 _oOP 234/2019/8 _tThe American Economic Review _w(IEF)103372 _x 0002-8282 _g v. 109, n. 8, August 2019, p. 2921-2953
942			_cART
999			_c141115 _d141115