Events Calendar

2014
Previous Year Previous Month Today Next Month Next Year
S M T W T F S
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30

Brown Bag Seminar

Wednesday July 16, 2014

Time:

12:00PM - 1:00PM

 

Description

Scott D. Dyreng
The Fuqua School of Business
Duke University

Notes

Changes in Corporate Tax Avoidance Over the Past Twenty-Five Years

This paper investigates systematic changes in corporate tax avoidance over the past twenty-five years. We report four primary findings. First, tax avoidance has increased significantly over the past twenty-five years. Second, contrary to the focus by the business press on tax avoidance in large multinational firms, tax avoidance has increased in both multinationals and purely domestic firms, and at approximately the same rate. Third, within multinationals, we observe increasing avoidance over time of both foreign and domestic taxes. Finally, while cross-sectional variation in tax avoidance is partly explained by firm characteristics such as foreign exposure and intangible-intensity, changes in these characteristics explain little of the increase in tax avoidance over time. These findings suggest that tax avoidance is an increasingly important economic phenomenon, extending far beyond the largest multinational firms, but one that is not well explained by the extant literature.

Event URL

www.fuquaworld.duke.edu/www/fsc/poster.jsp?number=19442

Contact Name

Alessandro Arlotto

Contact Email

alessandro.arlotto@duke.edu