haku: @author Shackelford, D. A. / yhteensä: 5
viite: 4 / 5
| Tekijä: | Collins, J. H. Shackelford, D. A. |
| Otsikko: | Global organizations and taxes: An analysis of the dividend, interest, royalty, and management fee payments between U.S. multinationals' foreign affiliates |
| Lehti: | Journal of Accounting & Economics
1997 : DEC, VOL. 24:2, p. 151-173 |
| Asiasana: | TAXATION MANAGEMENT PAY INTERNATIONAL CAPITAL MOVEMENTS ORGANIZATIONAL STRUCTURE MULTINATIONAL COMPANIES USA |
| Kieli: | eng |
| Tiivistelmä: | The study examines the effects of taxes on cross-border dividend, royalty, interest and management fee payments btw. foreign affiliates of U.S. multinationals. Using 1990 tax return information on transfers totalling USD 22.8 billion and spanning 71 countries, the study finds dividend, royalty, and sometimes interest payments btw. foreign affiliates are negatively correlated with the net tax levied on cross-border transfers. The study finds no evidence management fees are structured to mitigate non-U.S. taxes. Thus, taxes affect the location of the supplier and the terms of the contracts for the provision of equity and intangible capital within the worldwide organization. |
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