000061852 001__ 61852
000061852 005__ 20190709135449.0
000061852 0247_ $$2doi$$a10.5018/economics-ejournal.ja.2017-1
000061852 0248_ $$2sideral$$a98192
000061852 037__ $$aART-2017-98192
000061852 041__ $$aeng
000061852 100__ $$0(orcid)0000-0002-2522-2617$$aCastillo Murciego, Ángela$$uUniversidad de Zaragoza
000061852 245__ $$aAre spanish companies involved in profit shifting? Consequences in terms of tax revenues
000061852 260__ $$c2017
000061852 5060_ $$aAccess copy available to the general public$$fUnrestricted
000061852 5203_ $$aIn this paper the authors analyze the existence of profit shifting between Spain and other OECD and EU countries. Using a sample of 1, 169 Spanish subsidiaries owned by foreign OECD and EU parent companies and a sample of 317 EU subsidiaries owned by Spanish parent companies, taken from the AMADEUS Database for the period 2005 to 2014, and a simple tax rate difference as a measure of the tax incentive, the authors obtain a negative effect of corporate income taxes on reported profits. When the tax rate differences between Spain and the foreign countries vary by one percentage point, reported profits vary by approximately 2.7 to 3%. This is consistent with profit shifting activity by corporations and matches the empirical results in the literature. Furthermore, the authors calculate the impact of this activity on Spain’s tax revenues from the sample of Spanish subsidiary companies. They obtain that the tax revenues vary from year to year, depending on the level of taxation of the main investor countries in Spain in comparison to the Spanish tax rate.
000061852 540__ $$9info:eu-repo/semantics/openAccess$$aby$$uhttp://creativecommons.org/licenses/by/3.0/es/
000061852 590__ $$a0.545$$b2017
000061852 591__ $$aECONOMICS$$b286 / 353 = 0.81$$c2017$$dQ4$$eT3
000061852 592__ $$a0.256$$b2017
000061852 593__ $$aEconomics, Econometrics and Finance (miscellaneous)$$c2017$$dQ2
000061852 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion
000061852 700__ $$0(orcid)0000-0002-1539-8483$$aLópez-Laborda, Julio$$uUniversidad de Zaragoza
000061852 7102_ $$14008$$2225$$aUniversidad de Zaragoza$$bDpto. Estruc.Hª Econ.y Eco.Pb.$$cÁrea Economía Aplicada
000061852 773__ $$g11 (2017), [47 pp.]$$pECONOMICS-THE OPEN ACCESS OPEN-ASSESSMENT E-JOURNAL$$tECONOMICS-THE OPEN ACCESS OPEN-ASSESSMENT E-JOURNAL$$x1864-6042
000061852 8564_ $$s521603$$uhttps://zaguan.unizar.es/record/61852/files/texto_completo.pdf$$yVersión publicada
000061852 8564_ $$s58465$$uhttps://zaguan.unizar.es/record/61852/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada
000061852 909CO $$ooai:zaguan.unizar.es:61852$$particulos$$pdriver
000061852 951__ $$a2019-07-09-11:39:53
000061852 980__ $$aARTICLE