Technological Changes and Countries’ Tax Policy Design: Evidence from Anti–Tax Avoidance Rules
研究了1996-2016年间34个OECD国家技术变革与公司税收政策的关系，发现美国技术进步暴露度越高的国家，其反避税规则越严格，尤其在大国、无形资产暴露度高和利润转移激励强的国家更明显。
We investigate the association between technological changes and corporate tax policies in 34 OECD countries between 1996 and 2016. We use a shift-share design to capture the differential exposure of countries to U.S. technological advancements. Our study shows that countries’ antitax avoidance rules are tightened as their exposure to U.S. technological advancements increases. The tightening is particularly concentrated in countries that are larger, more exposed to intangibles, and have higher profit shifting incentives. Our findings have important implications for corporate executives as a country’s anti–tax avoidance rules are associated with foreign technological advancements. This paper was accepted by Eric So, accounting. Funding: A. I. Brühne and M. Jacob acknowledge funding by the Deutsche Forschungsgemeinschaft [Project-ID 403041268–TRR 266 Accounting for Transparency]. Supplemental Material: The online appendix and data files are available at https://doi.org/10.1287/mnsc.2021.03955 .