Replication data for: Comparing UK Tax Returns of Foreign Multinationals to Matched Domestic Firms

Principal Investigator(s): View help for Principal Investigator(s) Katarzyna Anna Bilicka

Name	File Type	Size	Last Modified
data			07/08/2022 06:48:PM
CHANGES.txt	text/plain	57 bytes	07/11/2022 05:21:AM
LICENSE.txt	text/plain	14.6 KB	12/07/2019 03:27:AM

Project Citation:

Bilicka, Katarzyna Anna. Replication data for: Comparing UK Tax Returns of Foreign Multinationals to Matched Domestic Firms. Nashville, TN: American Economic Association [publisher], 2022. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2022-07-11. https://doi.org/10.3886/E116211V2

Project Description

Summary: In this paper, I use confidential UK corporate tax returns data to explore whether there are systematic differences in the amount of taxable profits that multinational and domestic companies report. I find that the ratio of taxable profits to total assets reported by foreign multinational subsidiaries is one-half that of comparable domestic standalones. The majority of the difference is attributable to the fact that a higher proportion of foreign multinational subsidiaries report zero taxable profits. I document how the estimated difference is related to profit shifting and show that using accounting data leads to much smaller estimates of the difference.

Scope of Project

JEL Classification:
      F23 Multinational Firms; International Business
      H25 Business Taxes and Subsidies including sales and value-added (VAT)
      H32 Fiscal Policies and Behavior of Economic Agents: Firm
      L25 Firm Performance: Size, Diversification, and Scope

Related Publications

Download this project

Published Versions

V2 [2022-07-11]

V1 [2019-12-07]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.