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引用次数: 0
摘要
自金融危机以来,全球税收执法政策受到越来越多的关注,许多人表示,重点是遏制跨国公司的有害税收做法。然而,关于母国税收执法对跨国公司可能产生的不同影响,缺乏证据。我们通过研究母国执法的变化与国内公司与跨国公司的避税之间是否存在差异关系,朝着填补税收政策讨论中的这一空白迈出了一步。利用经合组织2005年至2019年50个国家的数据,我们发现,与跨国公司相比,母国执法力度的增加与国内公司的避税水平较低有关。通过使用Bureau van Dijk数据库中的公司子集,我们发现,当母国执法力度加大时,跨国公司在国外避税的情况会增加。在低税率国家拥有较高比例子公司的跨国公司,在执法支出较低的情况下,结果更为强劲。这些发现对政策制定者具有启示意义,并强调了跨司法管辖区协调执法努力的重要性,例如最近提出的全球最低税,以成功遏制跨国公司的全球避税行为。
Does tax enforcement disparately affect domestic versus multinational corporations around the world?
Global tax enforcement policies have received increased attention since the financial crisis, with much stated focus on curbing perceived harmful tax practices of multinational corporations. Yet there is a dearth of evidence on possible differential effects of home-country tax enforcement on multinationals. We take a step toward filling this void in the tax policy discussion by examining whether there is a differential relation between changes in home-country enforcement and the tax avoidance of domestic versus multinational corporations. Using OECD data on 50 countries from 2005 to 2019, we find increases in home-country enforcement are associated with lower levels of tax avoidance for domestic firms than for multinational corporations. Using a subset of firms from the Bureau van Dijk database, we find that multinationals avoid more tax in foreign countries when home-country enforcement increases. Results are stronger for multinationals with a higher proportion of subsidiaries in low-tax countries and when enforcement spending is low. These findings have implications for policy-makers and highlight the importance of coordinated enforcement efforts across jurisdictions—such as the recently proposed global minimum tax—to successfully curb multinationals' worldwide tax avoidance.
期刊介绍:
Contemporary Accounting Research (CAR) is the premiere research journal of the Canadian Academic Accounting Association, which publishes leading- edge research that contributes to our understanding of all aspects of accounting"s role within organizations, markets or society. Canadian based, increasingly global in scope, CAR seeks to reflect the geographical and intellectual diversity in accounting research. To accomplish this, CAR will continue to publish in its traditional areas of excellence, while seeking to more fully represent other research streams in its pages, so as to continue and expand its tradition of excellence.