Partisanship, Tax Policy, and Corporate Profit-Shifting in a Globalized World Economy

doi:10.1177/0010414016688007

CORC > 上海财经大学 > 上海财经大学

	Partisanship, Tax Policy, and Corporate Profit-Shifting in a Globalized World Economy
	Shin, Mi Jeong
刊名	COMPARATIVE POLITICAL STUDIES
	2017-12
卷号	50 期号:14 页码:1998-2026
关键词	profit-shifting of multinational firms transfer pricing regulations government partisanship corporate tax policy
ISSN号	0010-4140
DOI	10.1177/0010414016688007
英文摘要	Political science scholarship has found mixed evidence on the impact of partisanship on the taxation of firms. In this article, I show that although left-leaning governments set tax rates at higher levels than right-leaning governments, the difference in the effective tax rates paid by firms is much less dramatic between left and right governments. I argue that left-leaning governments maintain high tax rates, a visible policy their constituency supports, while allowing firms to transfer profits abroad to minimize their tax burden (transfer pricing). Constituency costs hinder them from cutting tax rates to avoid backlash from voters, but they impose fewer restrictions on profit-shifting to attract investment by multinational firms for economic growth. Data covering 19 advanced economies between 2006 and 2009 support my theoretical expectation. My analyses suggest that the effect of government partisanship on corporate tax policy can be ambiguous when political parties consider various policy tools.
WOS研究方向	Government & Law
语种	英语
出版者	SAGE PUBLICATIONS INC
WOS记录号	WOS:000414490800005
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/837]
专题	上海财经大学
通讯作者	Shin, Mi Jeong
作者单位	Shanghai Univ Finance & Econ, Sch Publ Econ & Adm, 777 Guoding Rd, Shanghai, Peoples R China
推荐引用方式 GB/T 7714	Shin, Mi Jeong. Partisanship, Tax Policy, and Corporate Profit-Shifting in a Globalized World Economy[J]. COMPARATIVE POLITICAL STUDIES,2017,50(14):1998-2026.
APA	Shin, Mi Jeong.(2017).Partisanship, Tax Policy, and Corporate Profit-Shifting in a Globalized World Economy.COMPARATIVE POLITICAL STUDIES,50(14),1998-2026.
MLA	Shin, Mi Jeong."Partisanship, Tax Policy, and Corporate Profit-Shifting in a Globalized World Economy".COMPARATIVE POLITICAL STUDIES 50.14(2017):1998-2026.