Home Or Away? Profit Shifting with Territorial Taxation

Home Or Away? Profit Shifting with Territorial Taxation
Author :
Publisher : International Monetary Fund
Total Pages : 38
Release :
ISBN-10 : 9798400216992
ISBN-13 :
Rating : 4/5 ( Downloads)

Book Synopsis Home Or Away? Profit Shifting with Territorial Taxation by : Dominika Langenmayr

Download or read book Home Or Away? Profit Shifting with Territorial Taxation written by Dominika Langenmayr and published by International Monetary Fund. This book was released on 2022-09-09 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2009, the United Kingdom abolished the taxation of profits earned abroad and introduced a territorial tax system. Under the territorial system, firms have strong incentives to shift profits abroad. Using a difference-in-differences research design, we show that the profitability of UK subsidiaries in low-tax countries increased after the reform compared to subsidiaries of non-UK multinationals in the same countries by an average of 2 percentage points. This increase in profit shifting also leads to increases in measured productivity of the foreign affiliates of UK multinationals of between 5 and 9 percent.


Home Or Away? Profit Shifting with Territorial Taxation Related Books

Home Or Away? Profit Shifting with Territorial Taxation
Language: en
Pages: 38
Authors: Dominika Langenmayr
Categories: Business & Economics
Type: BOOK - Published: 2022-09-09 - Publisher: International Monetary Fund

GET EBOOK

In 2009, the United Kingdom abolished the taxation of profits earned abroad and introduced a territorial tax system. Under the territorial system, firms have st
Where Does Multinational Investment Go with Territorial Taxation? Evidence from the UK
Language: en
Pages: 49
Authors: Ms.Li Liu
Categories: Business & Economics
Type: BOOK - Published: 2018-01-12 - Publisher: International Monetary Fund

GET EBOOK

In 2009, the United Kingdom changed from a worldwide to a territorial tax system, abolishing dividend taxes on foreign repatriation from many low-tax countries.
Addressing Base Erosion and Profit Shifting
Language: en
Pages: 91
Authors: OECD
Categories:
Type: BOOK - Published: 2013-02-12 - Publisher: OECD Publishing

GET EBOOK

This report presents studies and data available regarding the existence and magnitude of base erosion and profit shifting (BEPS), and contains an overview of gl
OECD/G20 Base Erosion and Profit Shifting Project Neutralising the Effects of Branch Mismatch Arrangements, Action 2 Inclusive Framework on BEPS
Language: en
Pages: 104
Authors: OECD
Categories:
Type: BOOK - Published: 2017-07-27 - Publisher: OECD Publishing

GET EBOOK

This 2017 report sets out recommendations for branch mismatch rules that would bring the treatment of these structures into line with the treatment of hybrid mi
Corporate Profit Shifting
Language: en
Pages: 171
Authors: Dorian L. Peters
Categories: BUSINESS & ECONOMICS
Type: BOOK - Published: 2015 - Publisher:

GET EBOOK

Congress and the Obama Administration have expressed interest in addressing multinational corporations' ability to shift profits into low- and no-tax countries