TY  - UNPD
A1  - Braun, Julia
A1  - Weichenrieder, Alfons J.
T1  - Does exchange of information between tax authorities influence multinationals' use of tax havens?
T2  - SAFE working paper series ; No. 89
N2  - Since the mid-1990s, countries offering tax systems that facilitate international tax avoidance and evasion have been facing growing political pressure to comply with the internationally agreed standards of exchange of tax information. Using data of German investments in tax havens, we find evidence that the conclusion of a bilateral tax information exchange agreement (TIEA) is associated with fewer operations in tax havens and the number of German affiliates has on average decreased by 46% compared to a control group. This suggests that firms invest in tax havens not only for their low tax rates but also for the secrecy they offer.
T3  - SAFE working paper - 89 
KW  - tax havens
KW  - tax information exchange agreements
KW  - location decisions
KW  - international taxation
Y1  - 2015
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/37122
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-371220
UR  - http://ssrn.com/abstract=2573596
IS  - 23 February 2015
PB  - SAFE
CY  - Frankfurt am Main
ER  -