This paper argues that profit-shifting activities of multi-jurisdictional enterprises (MJE) are maintained under a tax system of consolidation and formula apportionment (FA). A theoretical model discusses how an MJE can exploit its impact on the definition of the consolidated group strategically. The analysis shows that the MJE will run individual affiliates as separate un-consolidated firms for tax purposes if intra-group tax-rate differences, and thereby potential gains from profit-shifting, are large. We test this prediction using confidential firm-level tax-return data for the local business tax in Germany. The identification strategy exploits a quasi experiment derived from a major company tax reform in 2001 that reduced the costs asso...
Consolidation of the tax base in the European Union is expected to curve compliance costs and reduce...
Martini JT, Niemann R, Simons D. Transfer Pricing or Formula Apportionment? Tax-Induced Distortions ...
This paper assesses the efficiency properties of recent corporation tax re- form proposals of the Eu...
This paper argues that profit-shifting activities of multi-jurisdictional enterprises (MJE) are main...
Would the introduction of a corporate tax system with consolidated tax base and formula apportionmen...
Consolidation of the tax base in the European Union is expected to curve compliance costs and reduce...
In this paper we use firm level data from a listed multinational to investigate how several designs ...
The European Commission proposes to replace the current system of taxing corporate income of separat...
This study highlights the relevance of firm losses for tax revenues when countries switch from a sys...
Multinational firms are known to shift profits and countries are known to compete over shifty profit...
Conducted in a framework which embodies tax-shifting opportunities, risk of losses and possibility o...
Tax avoidance by multinational enterprises (MNEs) is a global problem. Most crossborder trade occurs...
This paper explores the economic consequences of proposed EU reforms for a common consolidated corpo...
The European proposal on a Common Consolidated Corporate Tax Base suggests a sharing mechanism based...
For mitigating the problems of transfer pricing formula apportionment (FA) is discussed intensively....
Consolidation of the tax base in the European Union is expected to curve compliance costs and reduce...
Martini JT, Niemann R, Simons D. Transfer Pricing or Formula Apportionment? Tax-Induced Distortions ...
This paper assesses the efficiency properties of recent corporation tax re- form proposals of the Eu...
This paper argues that profit-shifting activities of multi-jurisdictional enterprises (MJE) are main...
Would the introduction of a corporate tax system with consolidated tax base and formula apportionmen...
Consolidation of the tax base in the European Union is expected to curve compliance costs and reduce...
In this paper we use firm level data from a listed multinational to investigate how several designs ...
The European Commission proposes to replace the current system of taxing corporate income of separat...
This study highlights the relevance of firm losses for tax revenues when countries switch from a sys...
Multinational firms are known to shift profits and countries are known to compete over shifty profit...
Conducted in a framework which embodies tax-shifting opportunities, risk of losses and possibility o...
Tax avoidance by multinational enterprises (MNEs) is a global problem. Most crossborder trade occurs...
This paper explores the economic consequences of proposed EU reforms for a common consolidated corpo...
The European proposal on a Common Consolidated Corporate Tax Base suggests a sharing mechanism based...
For mitigating the problems of transfer pricing formula apportionment (FA) is discussed intensively....
Consolidation of the tax base in the European Union is expected to curve compliance costs and reduce...
Martini JT, Niemann R, Simons D. Transfer Pricing or Formula Apportionment? Tax-Induced Distortions ...
This paper assesses the efficiency properties of recent corporation tax re- form proposals of the Eu...