Séminaire GREDEG : Vincent VICARD (CEPII)

Publié le 2 janvier 2023 Mis à jour le 30 septembre 2023

le 26 janvier 2023


14H30- 16h00 Salle Picasso

GREDEG - Bâtiment 2 - Campus Azur du CNRS - 250 rue Albert Einstein - SOPHIA ANTIPOLIS
"The complexity of multinational enterprises and tax avoidance"

Does the complexity of multinational enterprises’ (MNEs) ownership structure serve tax avoidance? We use cross-country firm-level data to show that affiliates belonging to more complex MNEs are more likely to bunch around zero profit, consistent with complexity enabling tax avoidance by multinational firms. Our results show that only more complex MNEs shift profits away from their high-tax affiliates, while MNEs with flat ownership structures do not display such pattern.
Our analysis also shows that affiliates directly held through tax havens are more likely to report zero profit than other affiliates in more complex MNEs.

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Short Bio: 
Vincent VICARD run the International Trade Analysis program at the Center for Prospective studies and International Information (CEPII), which is the main French center for research and expertise in international economics. His research work focuses on the following topics: (i) multinational companies and international taxation, and in particular the macroeconomic impact of tax avoidance, ii)) business dynamics in export markets; (iii) European integration, both the commercial aspects of the single market or Brexit and the imbalances within the euro zone; and (iv) competitiveness, mainly in the French context.

More about Vincent VICARD
Le 26 janvier 2023 14:30 - 16:00