EconPapers    
Economics at your fingertips  
 

Do Foreign Multinationals’ Tax Incentives Influence Their U.S. Income Reporting and Debt Policy?

Lillian Mills and Kaye J. Newberry

National Tax Journal, 2004, vol. 57, issue 1, 89-107

Abstract: Using a matched sample of financial data on foreign multinationals and confidential income tax return data on U.S. foreign–controlled corporations (FCCs) during 1987–1996, we examine whether the tax incentives of foreign multinationals influence their U.S. tax reporting. We find that foreign multinationals with relatively low average foreign tax rates report less taxable income and use more debt in their FCCs than those with relatively high average foreign tax rates. Our findings provide insights regarding the complex reporting behavior of FCCs and have implications for U.S. tax policy.

Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (41) Track citations by RSS feed

Downloads: (external link)
https://www.ntanet.org/NTJ/57/1/ntj-v57n01p89-107- ... s-tax-incentives.pdf (application/pdf)
https://www.ntanet.org/NTJ/57/1/ntj-v57n01p89-107- ... -tax-incentives.html (text/html)
Access to most recent volumes (current and past two years) is restricted to subscribers and members of the National Tax Association.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:57:y:2004:i:1:p:89-107

Access Statistics for this article

National Tax Journal is currently edited by Stacy Dickert-Conlin and William M. Gentry

More articles in National Tax Journal from National Tax Association, National Tax Journal Contact information at EDIRC.
Bibliographic data for series maintained by Sally Sztrecska ().

 
Page updated 2020-07-08
Handle: RePEc:ntj:journl:v:57:y:2004:i:1:p:89-107