File Download
There are no files associated with this item.
Supplementary
-
Citations:
- Appears in Collections:
Article: Profit Shifting During Foreign Tax Holidays
Title | Profit Shifting During Foreign Tax Holidays |
---|---|
Authors | |
Issue Date | 2022 |
Citation | The Accounting Review, 2022, Forthcoming How to Cite? |
Abstract | We undertake the first empirical analysis of profit shifting by U.S. firms during foreign tax holidays. We show that foreign tax holidays have become a prevalent and powerful tax planning strategy among U.S. firms. We find that U.S. firms significantly increase their outbound profit shifting while participating in foreign tax holidays. However, we also find that profit shifting associated with tax holidays comes at the cost of increased tax uncertainty. Our results have important implications for policy making and for understanding firm behavior. |
Persistent Identifier | http://hdl.handle.net/10722/317253 |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Chow, KC | - |
dc.contributor.author | Hoopes, J | - |
dc.contributor.author | Maydew, E | - |
dc.date.accessioned | 2022-10-07T10:17:07Z | - |
dc.date.available | 2022-10-07T10:17:07Z | - |
dc.date.issued | 2022 | - |
dc.identifier.citation | The Accounting Review, 2022, Forthcoming | - |
dc.identifier.uri | http://hdl.handle.net/10722/317253 | - |
dc.description.abstract | We undertake the first empirical analysis of profit shifting by U.S. firms during foreign tax holidays. We show that foreign tax holidays have become a prevalent and powerful tax planning strategy among U.S. firms. We find that U.S. firms significantly increase their outbound profit shifting while participating in foreign tax holidays. However, we also find that profit shifting associated with tax holidays comes at the cost of increased tax uncertainty. Our results have important implications for policy making and for understanding firm behavior. | - |
dc.language | eng | - |
dc.relation.ispartof | The Accounting Review | - |
dc.title | Profit Shifting During Foreign Tax Holidays | - |
dc.type | Article | - |
dc.identifier.email | Chow, KC: tchow1@hku.hk | - |
dc.identifier.authority | Chow, KC=rp02697 | - |
dc.identifier.doi | 10.2308/TAR-2020-0376 | - |
dc.identifier.hkuros | 337354 | - |
dc.identifier.volume | Forthcoming | - |