scholarly journals Multinational Firms and Tax Havens

2016 ◽  
Vol 98 (4) ◽  
pp. 713-727 ◽  
Author(s):  
Anna Gumpert ◽  
James R. Hines ◽  
Monika Schnitzer
Keyword(s):  
Multinational Firms ◽  
Tax Havens

Multinationality, Tax Havens, Intangible Assets, and Transfer Pricing Aggressiveness: An Empirical Analysis

2015 ◽  
Vol 14 (1) ◽  
pp. 25-57 ◽  
Author(s):  
Grantley Taylor ◽  
Grant Richardson ◽  
Roman Lanis
Keyword(s):  
Empirical Analysis ◽  
Multinational Firms ◽  
Intangible Assets ◽  
Transfer Pricing ◽  
Data Availability ◽  
Tax Havens ◽  
Joint Effects ◽  
Tax Haven ◽  
Tax Benefits ◽  
The Individual

ABSTRACT This study examines the individual and joint effects of multinationality, tax havens, and intangible assets on transfer pricing aggressiveness. Based on a hand-collected sample of 286 publicly listed U.S. multinational firms over the 2006–2012 period (2,002 firm-year observations), the regression results indicate that multinationality, tax haven utilization, and intangible assets are significantly positively associated with transfer pricing aggressiveness. The regression results also show that firms magnify their international transfer pricing aggressiveness through the joint effects of intangible assets, multinationality, and tax havens. Overall, the empirical findings demonstrate that the utilization of tax havens and the level of intangible assets are economically important factors that assist firms in obtaining tax benefits through transfer pricing aggressiveness. Data Availability: All data are available from public sources identified in the paper.

What's at Stake for the LDCs, Now that the Uruguay Round Talks have been Suspended? (The Distinguishedl Lecture)

1991 ◽  
Vol 30 (4I) ◽  
pp. 579-599
Author(s):  
Robert E. Baldwin
Keyword(s):  
Multinational Firms ◽  
Uruguay Round ◽  
National Policy ◽  
Trade In Services ◽  
Trade Negotiation ◽  
Multilateral Trade Negotiation ◽  
Industrial Countries ◽  
Goods And Services ◽  
Foreign Affiliates ◽  
Merchandise Trade

Until negotiations collapsed in early December, the Uruguay Round gave promise of being the most significant multilateral trade negotiation since 1947, when the General Agreement on Tariffs and Trade (GA TI) was implemented and tariffs levels of the industrial countries were sharply cut. There are at least three reasons for this conclusion. First, by agreeing at the outset to bring both agriculture and textiles under GATT discipline, the participants created the opportunity for both rich and poor agricultural exporting nations and relatively low-wage, newly industrializing LDCs to benefit significantly from GATT-sponsored trade negotiations. Prior to the Uruguay Round, the benefits to these countries of such negotiations had been limited, since these two sectors were excluded from any significant liberalization. Second, by agreeing to formulate new rules relating to trade in services, trade-related aspects of· intellectual property rights, and trade-related investment issues, members took an important step in modernizing the GATT. As economic globalization has accelerated, there is a growing realization that arms-length merchandise transactions, the traditional concern of the GATT, are only one aspect of the real-side economic relations of current concern to national policy-makers and the economic interests they represent Now international commercial activities also involve merchandise trade among multinational firms and their foreign affiliates, international trade in services among independent agents as well as among affiliated enterprises, foreign direct investment activities, production nf goods and services in foreign affiliates for sale either abroad or at home, international flows of technology, and temporary movements of labour across borders. Although the so-called new issues in the Uruguay Round do not cover all of these matters, they go a considerable way in making the GATT more relevant for dealing with the problems of increasing internationalization.

The organization of multinational firms in the European urban system

Flux ◽  
1994 ◽  
Vol 10 (17) ◽  
pp. 5-17 ◽  
Author(s):  
Céline Rozenblat
Keyword(s):  
Multinational Firms ◽  
Urban System

Are Tax Havens Good Neighbors? An LDC Perspective

2009 ◽  
Author(s):  
Luisa R. Blanco ◽  
Cynthia L. Rogers
Keyword(s):  
Tax Havens
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