000			01695nab a2200301 c 4500
999			_c147013 _d147013
003			ES-MaIEF
005			20230127101839.0
007			ta
008			230126t2022 us ||||| |||| 00| 0|eng |
040			_aES-MaIEF _bspa _cES-MaIEF
100	1		_970343 _aLaffitte, Sébastien
245		0	_aMultinationals' sales and profit shifting in tax havens _c Sébastien Laffitte, Farid Toubal
500			_aResumen.
504			_aBibliografía.
520			_aWe 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.
650		4	_aEMPRESAS MULTINACIONALES _943600
650			_aESTADOS UNIDOS _942888
650		4	_aVENTAS _948680
650		4	_aBENEFICIOS _932314
650			_aIMPUESTOS _947460
650		4	_aEROSIÓN DE LA BASE IMPONIBLE Y TRASLADO DE BENEFICIOS _963148
650		4	_aELUSION FISCAL _943410
650		4	_aEVASION FISCAL _944029
650			_aPARAISOS FISCALES _947950
700	1		_970344 _aToubal, Farid
773	0		_9168737 _oOP 2135/2022/4 _tAmerican Economic Journal : Economic Policy _w(IEF)134825 _x 1945-7731 _g v. 14, n. 4, November 2022, p. 371-396
942			_cART