Abstract
This paper examines the association between a series of income shifting incentives including multinationality, transfer pricing aggressiveness, thin capitalization, intangible assets and tax haven utilization. Our empirical analysis is based on a sample of 286 multinational U.S. firms over the 2006-2012 period (2002 firm-years). Our regression results show that multinationality, transfer pricing aggressiveness, thin capitalization and intangible assets are positively associated with tax haven utilization. Our results are consistent based on several robustness checks.
Original language | English |
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Pages (from-to) | 458-485 |
Number of pages | 28 |
Journal | International Journal of Accounting |
Volume | 50 |
Issue number | 4 |
DOIs | |
Publication status | Published - Dec 2015 |
Externally published | Yes |
Keywords
- income shifting
- tax havens
- multinationality
- transfer pricing
- thin capitalization
- intangible assets