Are U.S. Multinational Corporations Becoming More Aggressive Income Shifters

By Ken Klassen, Stacie Kelley Laplante. 2012

294 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/4b9f9b2133d69ba8dbabeee42e49359a8e96c26a

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. L. Simone
2. Dhammika Dharmapala
3. Ken Klassen
4. Jeri K. Seidman
5. Michelle Hanlon
6. Scott D. Dyreng

In Economics and Econometrics

1. L. Simone
2. Dhammika Dharmapala
3. Ken Klassen
4. Jeri K. Seidman
5. Michelle Hanlon
6. Scott D. Dyreng

Citations in the corpus

• The Effect of Financial Constraints on Income Shifting by U.S. Multinationals (2016, unknown): “Klassen and Laplante (2012b) estimate that the mean firm (all firms combined) in their subsample of 380 firms with a tax incentive to shift income out of the U.S. shifted $26 million ($10,000 million) more per year in 2005-2009 than it (they) did in 1998-2002.”
• Unprofitable Affiliates and Income Shifting Behavior (2016, methodology): “We make the size of the loss affiliates the same to simplify the exercise.”
• Does a common set of accounting standards affect tax-motivated income shifting for multinational firms? (2016, unknown): “…studies (e.g., Claessens and Laeven, 2004; Collins et al., 1998; De Simone et al., 2015; Dharmapala and Riedel, 2013; Hines and Rice, 1994; Huizinga and Laeven, 2008; Klassen et al., 1993; Klassen and Laplante, 2012a, 2012b; Markle, forthcoming), I use book income as a proxy for taxable income.”
• What Do We Know About Base Erosion and Profit Shifting? A Review of the Empirical Literature (2014, methodology): “Klassen and Laplante (2012) is an important recent example of this approach, analyzing a panel of US firms with foreign income over 1988-2009.”
• INTERNATIONAL CORPORATE TAX AVOIDANCE: A REVIEW OF THE CHANNELS, MAGNITUDES, AND BLIND SPOTS (2018, unknown): “…Hines and Rice (1994) 6 0 5.16 3.31 2.25 12.99 Huizinga and Laeven (2008) 27 1 1.25 0.98 0.49 3.71 Johannessen et al. (2017) 8 0 0.69 0.75 0.12 1.31 Klassen and Laplante (2012a) 9 9 0.60 0.44 0.17 1.19 Klassen and Laplante (2012b) 8 8 0.91 0.88 0.69 1.28 Loretz and Mokkas (2015) 12 0 -0.07 -0.11…”
• Public Pressure and Corporate Tax Behavior (2016, unknown): “Although SFAS 131 still requires sales and assets reporting by geographic segment, it relaxed the requirement for firms to report earnings by geographic segments [Collins and Shackelford 1997; Dyreng and Markle 2013; Klassen and Laplante 2012].”