A study of cross‐border profit shifting channels: Evidence from Australia

A. Tran, Wanmeng Xu
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引用次数: 1

Abstract

We investigate two cross‐border profit shifting channels used by foreign multinational enterprises (MNEs) in Australia and assess the effectiveness of the related measures adopted by the Australian Parliament to combat base erosion and profit shifting (BEPS). Overall, we find that Australian subsidiaries of foreign MNEs used tax‐induced intra‐group transfer pricing and, to a lesser extent, interest expense loading to shift profit out of Australia throughout the period from 2007 to 2020. However, we find no evidence indicating that profit shifting out of Australia via the two channels has reduced after the implementation of related BEPS countermeasures in Australia from 2013.
跨国利润转移渠道研究:来自澳大利亚的证据
我们调查了外国跨国企业(MNEs)在澳大利亚使用的两种跨境利润转移渠道,并评估了澳大利亚议会为打击税基侵蚀和利润转移(BEPS)而采取的相关措施的有效性。总体而言,我们发现在2007年至2020年期间,外国跨国公司的澳大利亚子公司使用税收诱导的集团内部转移定价,并在较小程度上使用利息费用负担将利润转移出澳大利亚。然而,我们没有发现证据表明,在2013年澳大利亚实施相关BEPS对策后,通过这两个渠道转移出澳大利亚的利润减少了。
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