Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/142247
Authors: 
Castillo Murciego, Ángela
López Laborda, Julio
Year of Publication: 
2016
Series/Report no.: 
Economics Discussion Papers 2016-28
Abstract: 
In this paper the authors analyze the existence of profit shifting by companies located in Spain. Using a sample of 1,380 Spanish subsidiaries owned by foreign OECD and EU parent companies from the AMADEUS Database for the period 2005-2014 and a simple tax rate difference as a measure of the profit shifting tax incentive, the authors obtain a negative effect of corporate income taxes on reported profits, which is consistent with the profit shifting activity of corporations and matches the empirical results in the literature. Furthermore, they derive a negative effect from this profit shifting activity in terms of tax revenues for Spain.
Subjects: 
profit shifting
multinational corporations
tax revenues
Spain
JEL: 
F23
F69
H25
H26
H32
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Working Paper

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