Matthias Dischinger

TL;DR: In this paper, the authors show that the lower a subsidiary's corporate tax rate relative to other affiliates of the multinational group the higher is its level of intangible asset investment, even after controlling for subsidiary size and accounting for a dynamic intangible investment pattern.

TL;DR: The authors showed that multinational enterprises are reluctant to shift profits away from their headquarters even if these are located in high-tax countries, and that shifting activities in response to corporate tax rate differentials between parents and subsidiaries are found to be significantly larger if the parent has a lower tax rate than its subsidiary and profit is thus shifted towards the headquarter firm.

TL;DR: In this article, the authors show that an overproportional fraction of multinational group profits accrues with the corporate headquarters of the companies, whereas this gap tends to decline over time.

TL;DR: In this article, the authors used a large data set of European firms and found that operations at multinational headquarters are significantly more profitable than operations at their foreign subsidiaries, and that the effect turns out to be robust and quantitatively large.

TL;DR: In this article, the authors provide indirect empirical evidence of profit shifting behavior by multinational enterprises by analyzing an econometric panel study for the years 1995 to 2005 and additionally in a cross-section for 2004 using a large micro database of European subsidiaries of multinationals (AMADEUS), including detailed balance sheet items.