Cross‐Jurisdictional Income Shifting by U.S. Multinationals: Evidence from International Bond Offerings
By Kaye J. Newberry, Dan S. Dhaliwal. 2001
150 citations recorded by the source corpus.
Subfields: Accounting
View Paper: https://www.semanticscholar.org/paper/26abdff341da61b59cf07c5e2edf140b3682d54e
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In Accounting
- Gordon Richardson
- Roman Lanis
- Grantley Taylor
- Terry Shevlin
- Lillian F. Mills
- Jennifer Blouin
- Michelle Hanlon
- Gregory W. Brown
Citations in the corpus
- Capital Structure Choice and Company Taxation: A Meta-Study (2013, unknown): “22 Multinational firms can issue bonds preferentially in high tax countries (Newberry and Dhaliwal (2001)).”
- Capital Structure and Financial Risk: Evidence from Foreign Debt Use in East Asia (2003, methodology): “We augment the SBC-WDR dataset with the WorldScope database, which provides additional balance sheet and income statement data for publicly traded firms.”
- Taxes, keiretsu affiliation, and income shifting (2004, background): “…IN PRESS 1Examples of research concerning income shifting between jurisdictions include Beatty and Harris (2001), Collins et al. (1998), Harris (1993), Harris et al. (1993), Jacob (1996), Klassen et al. (1993), Mills and Newberry (2004), Newberry and Dhaliwal (2001), and Rego (1999, 2003).”
- Using tax return data to simulate corporate marginal tax rates (2008, unknown): “The simulated financial statement MTR (of Shevlin (1990) and Graham (1996a)) is the best unadjusted financial statement-based tax rate in both the test and holdout samples.”
- A review of tax research (2010, unknown): “multinationals allocating debt based on jurisdiction-specific tax-loss carryforwards and foreign tax credit considerations (Newberry and Dhaliwal, 2001).”
- Thin Capitalization Rules and Multinational Firm Capital Structure (2014, background): “…credit limitations; Altshuler and Grubert (2003) study inter-affiliate transactions motivated by tax rules among affiliates of US multinationals; and Newberry and Dhaliwal (2001) examine the role of local tax-loss carry-forwards on the international location of debt issuance by US multinationals.”
- Foreign currency - Denominated debt: An empirical examination (2003, background): “Multinationals have incentives to arbitrage tax differentials across countries by locating debt in the highest tax country to maximize the value of tax shields generated (Hodder and Senbet (1990), Desai (1997), Newberry and Dhaliwal (1998)).”
- Determinants of transfer pricing aggressiveness: empirical evidence from Australian firms (2013, background): “the fungibility of borrowed funds) to significantly avoid corporate taxes (Hines, 1996; Richardson et al., 1998; Newberry and Dhaliwal, 2001; Rego, 2003, Dyreng et al., 2008).”