Income shifting incentives and tax haven utilization: evidence from multinational U.S. firms

Grant Richardson; Grantley Taylor

doi:10.1016/j.intacc.2015.10.001

Income shifting incentives and tax haven utilization: evidence from multinational U.S. firms

Grant Richardson^*, Grantley Taylor

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

25 Citations (Scopus)

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
Pages (from-to)	458-485
Number of pages	28
Journal	International Journal of Accounting
Volume	50
Issue number	4
DOIs	https://doi.org/10.1016/j.intacc.2015.10.001
Publication status	Published - Dec 2015
Externally published	Yes

Keywords

income shifting
tax havens
multinationality
transfer pricing
thin capitalization
intangible assets

Access to Document

10.1016/j.intacc.2015.10.001

Cite this

@article{8a9f158fe846484bb3e489510edbfb9f,

title = "Income shifting incentives and tax haven utilization: evidence from multinational U.S. firms",

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.",

keywords = "income shifting, tax havens, multinationality, transfer pricing, thin capitalization, intangible assets",

author = "Grant Richardson and Grantley Taylor",

year = "2015",

month = dec,

doi = "10.1016/j.intacc.2015.10.001",

language = "English",

volume = "50",

pages = "458--485",

journal = "International Journal of Accounting",

issn = "0020-7063",

publisher = "World Scientific Publishing",

number = "4",

}

TY - JOUR

T1 - Income shifting incentives and tax haven utilization

T2 - evidence from multinational U.S. firms

AU - Richardson, Grant

AU - Taylor, Grantley

PY - 2015/12

Y1 - 2015/12

N2 - 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.

AB - 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.

KW - income shifting

KW - tax havens

KW - multinationality

KW - transfer pricing

KW - thin capitalization

KW - intangible assets

UR - https://www.scopus.com/pages/publications/84947073543

U2 - 10.1016/j.intacc.2015.10.001

DO - 10.1016/j.intacc.2015.10.001

M3 - Article

AN - SCOPUS:84947073543

SN - 0020-7063

VL - 50

SP - 458

EP - 485

JO - International Journal of Accounting

JF - International Journal of Accounting

IS - 4

ER -

Income shifting incentives and tax haven utilization: evidence from multinational U.S. firms

Abstract

Keywords

Access to Document

Other files and links

Fingerprint

Cite this