Public Repository

1. Corporate tax avoidance

1.1. The scale of tax avoidance

• Álvarez-Martínez et al. (2021): How large is corporate tax base erosion and profit shifting? A general equilibrium approach [summary]
• Bilicka (2019): Comparing UK tax returns of foreign multinationals to matched domestic firms [summary]
• Bratta, Santomarino & Acciari (2021): Assessing profit shifting using country-by-country reports: a non-linear response to tax rate differentials [summary]
• Cobham & Janský (2019): Global distribution of revenue loss from tax avoidance: re-estimation and country results [summary]
• Clausing (2016): The Effect of Profit Shifting on the Corporate Tax Base in the United States and Beyond [summary]
• Crivelli, De Mooij, Keen (2015): Base erosion, profit shifting and developing countries [summary]
• Dyreng, Hills & Markle (2022):Tax deficits and the income shifting of U.S. multinationals [summary]
• Fatica & Gregori (2020): How much profit shifting do European banks do? [summary]
• Fuest, Hugger & Neumeier (2022): Corporate profit shifting and the role of tax havens: Evidence from German country-by-country reporting data [summary]
• García-Bernardo & Janský (2021): Profit shifting of multinational corporations worldwide [summary]
• Janský & Palanský (2019): Estimating the scale of profit shifting and tax revenue losses related to foreign direct investment [summary]
• Tørsløv, Wier, Zucman (2020): The missing profits of nations [summary]
• Wier & Reynolds (2018): Big and ‘unprofitable’: How 10% of multinational firms do 98% of profit shifting [summary]

1.2. Channels of tax avoidance

• Baumann et al. (2020): Corporate taxes, patent shifting, and anti-avoidance rules [summary]
• Cristea & Nguyen (2017): Transfer pricing by multinational firms: new evidence from foreign firm ownerships [summary]
• Hopland et al. (2018): Flexibility in income shifting under losses [summary]
• Huesecken & Overesch (2019): Tax avoidance through advance tax rulings – evidence from the LuxLeaks firms [summary]
• Johansson et al. (2017): Tax planning by multinational firms [summary]
• Reiter et al. (2021): Avoiding taxes: banks’ use of internal debt [summary]

1.3. Countermeasures to corporate tax avoidance

• Bilicka et al. (2021): Real responses to anti-tax avoidance: evidence from the UK worldwide debt Cap [summary]
• Clausing et al. (2021): Ending corporate tax avoidance and tax competition: a plan to collect the tax deficit of multinationals [summary]
• Dutt et al. (2019): Can European banks’ country-by-country reports reveal profit shifting? An analysis of the information content of EU banks’ disclosures [summary]
• EU Tax Observatory (2021): The implementation of the Global Minimum Tax in the EU – a note on legal controversies [summary]
• Janský et al. (2022): Hide-seek-hide? The effects of financial secrecy on cross-border financial assets [summary]
• Schenkelberg (2019): The Cadbury Schweppes judgment and its implications on profit shifting activities within Europe [summary]

1.4. Effects of corporate tax avoidance

• Souillard (2022): Profit shifting, employee pay, and inequalities: evidence from US-listed companies [summary]

2. Tax evasion by individuals

2.1. The scale of tax evasion by individuals

• Alstadsaeter et al. (2018): Who owns the wealth in tax havens? Macro evidence and implications for global inequality [summary]
• Alstadsaeter et al. (2019): Tax evasion and inequality [summary]
• ECORYS (2021): Monitoring the amount of wealth hidden by individuals in international financial centres [summary]
• Guyton et al. (2021): Tax evasion at the top of the income distribution: theory and evidence [summary]
• Leenders et al. (2020): Offshore tax evasion and wealth inequality: evidence from a tax amnesty in the Netherlands [summary]
• Pellegrini et al. (2016): What do external statistics tell us about undeclared assets held abroad and tax evasion? [summary]
• Tax Justice Network (2020): The state of tax justice 2020: tax justice in the time of COVID-19 [summary]
• Tax Justice Network (2021): The state of tax justice 2021 [summary]
• Vellutini et al. (2019): Estimating international tax evasion by individuals [summary]

2.2. Channels of tax evasion

• Ahrens et al. (2020): A victim of regulatory arbitrage? Automatic exchange of information and the use of golden visas and corporate shells [summary]
• Cockfield (2016): Breaking bad: what does the first major tax haven leak tell us? [summary]
• Collin (2021): What lies beneath: evidence from leaked account data on how elites use offshore banking [summary]
• Helgadóttir (2020): The new luxury freeports: offshore storage, tax avoidance, and ‘invisible’ art [summary]
• Langenmayr & Zyska (2021): Escaping the exchange of information: tax evasion via citizenship-by-investment [summary]

2.3. Countermeasures

• Balakina et al. (2016): Bank secrecy in offshore centres and capital flows: does blacklisting matter? [summary]
• Beer et al. (2019): Hidden treasure: the impact of automatic exchange of information on cross-border tax evasion [summary]
• Casi et al. (2020): Cross-border tax evasion after the Common Reporting Standard: game over? [summary]
• Casi, Gavrilova, Murphy & Zoutman (2022): Welfare effect of closing loopholes in the dividend-withholding tax: The case of Cum-Cum and Cum-Ex transactions [summary]
• De Simone et al. (2019): Transparency and tax evasion: evidence from the Foreign Account Tax Compliance Act (FATCA) [summary]
• Johannesen (2014): Tax evasion and Swiss bank deposits [summary]
• Johannesen & Stolper (2017): The deterrence effect of whistleblowing – an event study of leaked customer information from banks in tax havens [summary]

3. Offshore real estate

• Agarwal, Chia and Sing (2020): Straw purchase or safe haven? The hidden perils of illicit wealth in property markets [summary]
• Alstadtsæter, Økland, Planterose & Zucman (2022): Who Owns Offshore Real Estate? Evidence from Dubai [summary]
• Alstadtsæter & Økland (2022): Hidden in Plain Sight: Offshore Ownership of Norwegian Real Estate [summary]
• Badarinza & Ramadorai (2018): Home Away from Home? Foreign Demand and London House Prices [summary]
• Bomare & Herry (2022): Will we ever be able to track offshore wealth? Evidence from the offshore real estate market in the UK [summary]
• Collin, Hollenbach, and Szakonyi. (2022): The Impact of Beneficial Ownership Transparency on Illicit Purchases of U.S. Property [summary]
• Cvijanovic & Spaenjers (2020): “We’ll Always Have Paris”: Out-of-Country Buyers in the Housing Market [summary]
• Johannesen, Miethe, & Weishaar (2022): Homes Incorporated: Offshore Ownership of Real Estate in the UK [summary]
• Miethe, Peichl & Trautvetter (2022): Die Rolle von anonymen Immobilieneigentümern am deutschen Immobilienmarkt: Erste Ergebnisse einer systematischen Datenauswertung [summary]
• Morel & Uri (2021): The increase in real estate investments made by non-residents is driven by expatriates [summary]
• Sá (2016): The Effect of Foreign Investors on Local Housing Markets: Evidence from the UK [summary]