拉斯维加斯9888

Accounting Seminar（2015-12）

Topic:Tax Inversion within the United States: Evidence from State Corporate Tax Rate Changes

Speaker: Jeffrey NG Tee Yong (Singapore Management University)

Time:Friday,29 May, 10:00-11:30 am

Location:Room 217, Guanghua Building 2

Organizer:Department of Accounting,MPAcc GSM, PKU

Abstract：

Using a setting of staggered corporate tax rate changes at the state level in the U.S., we identify the causal effect of taxes on firms’ location decisions. We find that increases in state corporate tax rates increase the likelihood of a firm moving its headquarter to a state with lower corporate tax rates; for brevity, we term such a move a “tax inversion.” We further show that such tax inversions are moderated by considerations related to the state tax apportionment system, corporate tax planning with tax havens, as well as tax-incentive alignment of the firm and its employees.

Your participation is warmly welcomed!