全球跨国公司的利润转移
Profit Shifting of Multinational Corporations Worldwide
AI总结：
基于覆盖广泛的跨国公司国别报告数据，本文估算2017年全球利润转移规模，并分析其税收分配效应及利润与税率的非线性关系。
摘要：
我们利用跨国公司新的国别报告数据（其国家覆盖范围无与伦比），揭示利润转移的分配后果。我们估计，2017年全球跨国公司转移了超过8500亿美元利润，主要流向有效税率低于10%的国家。由于利润转移，收入较低的国家损失了更大比例的总税收收入。我们进一步表明，与线性或二次函数相比，对数函数更适合刻画利润与税率之间的非线性关系。我们的研究结果凸显了有效税率对利润转移和税收改革的重要性。
英文摘要：
We exploit the new country-by-country reporting data of multinational corporations, with unparalleled country coverage, to reveal the distributional consequences of profit shifting. We estimate that multinational corporations worldwide shifted over \$850 billion in profits in 2017, primarily to countries with effective tax rates below 10\%. Countries with lower incomes lose a larger share of their total tax revenue due to profit shifting. We further show that a logarithmic function is better suited for capturing the non-linear relationship between profits and tax rates than linear or quadratic functions. Our findings highlight effective tax rates' importance for profit shifting and tax reforms.
机构、总结、中文摘要均由AI分析而来，可能存在错误，请以论文正文为准。
