Real Effects of Public Country-by-Country Reporting and the Firm Structure of European Banks

Eberhartinger, Eva and Speitmann, Raffael and Sureth-Sloane, Caren (2020) Real Effects of Public Country-by-Country Reporting and the Firm Structure of European Banks. WU International Taxation Research Paper Series, 2020/01. WU Vienna University of Economics and Business, Universität Wien, Vienna.

[img]
Preview
Text
SSRN-id3523909.pdf

Download (1MB) | Preview

Abstract

European regulation mandates public country-by-country reporting for banks and is expected to increase reputational costs in case of tax haven activities. We test whether the availability of additional public information on the locations of banks' subsidiaries reduces their tax haven presence. In a preliminary difference-in-difference analysis we find that indeed, tax haven presence in “Dot-Havens” has declined significantly after the introduction of mandatory public country-by-country reporting for European banks, as compared to the insurance industry which is not subject to this regulation.

Item Type: Paper
Additional Information: Editors: Eva Eberhartinger, Michael Lang, Rupert Sausgruber and Martin Zagler (Vienna University of Economics and Business), and Erich Kirchler (University of Vienna).
Keywords: country-by-country reporting, real effects, tax haven, tax disclosure
Classification Codes: JEL Classification: F23, G18, G21, G22, H20, H25, H32, M48
Depositing User: ePub Administrator
Date Deposited: 04 Mar 2020 13:58
Last Modified: 04 Mar 2020 14:06
URI: https://epub.wu.ac.at/id/eprint/7510

Actions

View Item View Item

Downloads

Downloads per month over past year

View more statistics