内容简介:

We construct a novel global dataset tracing the ownership structures and subsidiary networks of multinational corporations (MNCs) from 2005 to 2021 and document a striking increase in the diversification of tax haven usage. Rather than concentrating offshore activities in a small number of jurisdictions, MNCs increasingly distribute tax haven subsidiaries across a broader set of locations, resulting in more complex and geographically dispersed offshore networks. We show that two factors are particularly important in explaining this trend: the expansion of anti-tax-avoidance regulations and the globalization of MNCs’ business operations. Together, our findings suggest that MNCs have responded to a changing regulatory environment and expanding international activities by adopting increasingly diversified tax haven structures, with important implications for the design and evaluation of anti-tax-avoidance policies.

演讲人简介：

幸婧，上海交通大学安泰经济与管理学院金融系教授, 博士生导师。研究领域包括公共经济学，财政税收及公司金融。北京大学经济学（金融方向）学士，牛津大学经济学博士，教育部国泰/太古访问学者，并主持多项国家自科基金。研究成果发表在Journal of Public Economics, American Economic Journal: Economic Policy, Journal of Development Economics, Journal of Corporate Finance, Journal of Banking and Finance，European Economic Review 等国际一流学术期刊。现担任International Tax and Public Finance期刊主编 (Editor-in-Chief)。

欢迎广大师生参加!