Profit shifting within multinationals : an analysis of its tax-minimization potential and of anti-avoidance measures that extend taxation of interest and royalties at source
This dissertation provides new insights into the tax-minimization potential
of profit shifting within multinationals. It identifies representative tax
planning arrangements and analyses their impact on the cost of capital and
effective average tax rates of cross-border investments between EU member
states and the United States using the Devereux/Griffith model. In
addition, this dissertation provides arguments for and analyses the effects
of different methods for extending the taxation of interest and royalties
at source. It empirically investigates whether companies substitute between
different profit-shifting channels, as well as how this affects the
effectiveness of existing regulations for source-based taxation of
intragroup payments. Finally, the dissertation presents alternative
measures for extending taxation of interest and royalties at source. It
highlights the different objectives and effects of these measures and
provides rough estimates of the tax revenue gains and losses resulting from
two of these reform options in selected countries.
Dieser Eintrag ist Teil der Universitätsbibliographie.
Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.
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