Ruby Doeleman

This is the first project in my PhD that’s ready to be shared with the world! It’s been great working together with Dominika and Dirk on the incentives that Country-by-Country Reporting creates for profit-shifting multinationals. Read Dominika’s thread below!

18.11.2024 16:30 — 👍 3    🔁 0    💬 0    📌 0

Since 2016, Country-by-Country reporting has provided tax authorities with detailed information about multinationals’ worldwide activities. It has been hailed as a game-changer for corporate taxation, enabling tax authorities to target multinational firms with high profits in tax havens. We model Country-by-Country reporting as increasing both tax planning and audit costs for profit-shifting multinationals, where the latter costs depend on the share of profits held in tax havens. Then, Country-by-Country reporting makes shifting profits from a high-tax country to a tax haven relatively more attractive than shifting from a low-tax country to a tax haven—a substitution effect. Thus, while the total amount of profits shifted to the tax haven decreases, profit shifting from high-tax affiliates may increase relative to the situation without Country-by-Country reporting. We confirm these changes in profit-shifting patterns using a staggered difference-in-differences design. The opposing effects for low-tax and high-tax countries also help explaining the mixed findings of previous empirical studies on Country-by-Country reporting.

How does transparency impact corporate tax avoidance? In a new working paper, @rubydoeleman.bsky.social, Dirk Schindler and I explore how Country-by-Country reporting (CbCR)—meant to curb tax avoidance—might unintentionally increase profit shifting. A 🧵 on our findings: 1/10

18.11.2024 16:14 — 👍 26    🔁 10    💬 2    📌 2

Can someone explain to me what is going on in Dutch politics?

Already texted my parents that I will stay in Austria. They texted back that they’re on their way to join me.

22.11.2023 20:52 — 👍 1    🔁 0    💬 0    📌 0

Thank you Simon!

25.10.2023 09:33 — 👍 0    🔁 0    💬 0    📌 0

I second your thoughts! Amazing group of people, I learned a lot!

25.10.2023 09:21 — 👍 1    🔁 0    💬 0    📌 0

Methods include survey, experiment, field experiment, and many empirical-archival; topics include tax+cbcr, press coverage, auditor provided tax services, tax compliance costs, environmental taxes, tax function, UK tax reform, and tax administration research, see program below

25.10.2023 08:17 — 👍 0    🔁 1    💬 1    📌 0

We had our 6th Vienna Doctoral Consortium in Taxation at WU, with 12 excellent presentations and discussions. I am amazed at the high quality of doctoral students' research.

25.10.2023 08:11 — 👍 5    🔁 1    💬 1    📌 0

Found my way to this site. Sky seems bluer here. Is the grass also greener? Will be reading along the econ (dis)course. ⛳️😜

25.10.2023 09:19 — 👍 3    🔁 1    💬 1    📌 0