This paper develops a multi-sector, multi-country model of international trade and profit shifting which embeds … losses from the tariff war once markups and profit shifting are taken into account, while China slightly benefited overall …

Profit shifting remains a key concern in international tax system debate, but discussions are largely based on … capitalization or earnings based rules) do reduce the observable extent of profit shifting. Our findings highlight the challenge of …

to authorities in the account holder’s country of residence; the OECD’s Base Erosion and Profit Shifting initiative and …

these results are driven by patterns consistent with profit-shifting behavior. Further, using an event study design, we find …

profit shifting by multinational enterprises. Unlike other data often used to evaluate the extent of profit shifting and tax … that approximately 40% of the profits reported in tax havens are a result of tax-induced profit shifting. The associated … annual tax base loss for Germany amounts to EUR 5.4 billion. Adding estimates of profit shifting by multinationals not …