Offshore schemes and tax evasion: The role of banks
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jfineco.2017.09.004
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Desai, Mihir A. & Dyck, Alexander & Zingales, Luigi, 2007.
"Theft and taxes,"
Journal of Financial Economics, Elsevier, vol. 84(3), pages 591-623, June.
- Zingales, Luigi & Desai, Mihir & Dyck, Alexander, 2004. "Theft and Taxes," CEPR Discussion Papers 4816, C.E.P.R. Discussion Papers.
- Mihir A. Desai & Alexander Dyck & Luigi Zingales, 2004. "Theft and Taxes," NBER Working Papers 10978, National Bureau of Economic Research, Inc.
- Gabriel Zucman, 2014.
"Taxing across Borders: Tracking Personal Wealth and Corporate Profits,"
Journal of Economic Perspectives, American Economic Association, vol. 28(4), pages 121-148, Fall.
- Zucman, Gabriel, 2014. "Taxing across borders: tracking personal wealth and corporate profits," LSE Research Online Documents on Economics 66119, London School of Economics and Political Science, LSE Library.
- Braguinsky, Serguey & Mityakov, Sergey, 2015.
"Foreign corporations and the culture of transparency: Evidence from Russian administrative data,"
Journal of Financial Economics, Elsevier, vol. 117(1), pages 139-164.
- Serguey Braguinsky & Sergey Mityakov, 2011. "Foreign Corporations and the Culture of Transparency: Evidence from Russian Administrative Data," NBER Chapters, in: Causes and Consequences of Corporate Culture, pages 139-164, National Bureau of Economic Research, Inc.
- Serguey Braguinsky & Sergey V. Mityakov, 2012. "Foreign Corporations and the Culture of Transparency: Evidence from Russian Administrative Data," NBER Working Papers 17731, National Bureau of Economic Research, Inc.
- Desai, Mihir A. & Dharmapala, Dhammika, 2006.
"Corporate tax avoidance and high-powered incentives,"
Journal of Financial Economics, Elsevier, vol. 79(1), pages 145-179, January.
- Mihir Desai & Dhammika Dharmapala, "undated". "Corporate Tax Avoidance and High Powered Incentives," American Law & Economics Association Annual Meetings 1006, American Law & Economics Association.
- Mihir A. Desai & Dhammika Dharmapala, 2004. "Corporate Tax Avoidance and High Powered Incentives," NBER Working Papers 10471, National Bureau of Economic Research, Inc.
- Mihir A. Desai & Dhammika Dharmapala, 2004. "Corporate Tax Avoidance and High Powered Incentives," Working papers 2004-09, University of Connecticut, Department of Economics.
- James R. Hines & Eric M. Rice, 1994.
"Fiscal Paradise: Foreign Tax Havens and American Business,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(1), pages 149-182.
- James R. Hines, Jr. & Eric M. Rice, 1990. "Fiscal Paradise: Foreign Tax Havens and American Business," NBER Working Papers 3477, National Bureau of Economic Research, Inc.
- Hines, J.R. & Rice, E.M., 1990. "Fiscal Paradise: Foreign Tax Havens And American Business," Papers 56, Princeton, Woodrow Wilson School - Discussion Paper.
- Michelle Hanlon & Edward L. Maydew & Jacob R. Thornock, 2015. "Taking the Long Way Home: U.S. Tax Evasion and Offshore Investments in U.S. Equity and Debt Markets," Journal of Finance, American Finance Association, vol. 70(1), pages 257-287, February.
- Serguey Braguinsky & Sergey Mityakov & Andrey Liscovich, 2014. "Direct Estimation of Hidden Earnings: Evidence from Russian Administrative Data," Journal of Law and Economics, University of Chicago Press, vol. 57(2), pages 281-319.
- Jørgen Juel Andersen & Niels Johannesen & David Dreyer Lassen & Elena Paltseva, 2017. "Petro Rents, Political Institutions, and Hidden Wealth: Evidence from Offshore Bank Accounts," Journal of the European Economic Association, European Economic Association, vol. 15(4), pages 818-860.
- Mironov, Maxim, 2015. "Should one hire a corrupt CEO in a corrupt country?," Journal of Financial Economics, Elsevier, vol. 117(1), pages 29-42.
- Atanasov, Vladimir, 2005. "How much value can blockholders tunnel? Evidence from the Bulgarian mass privatization auctions," Journal of Financial Economics, Elsevier, vol. 76(1), pages 191-234, April.
- Maxim Mironov, 2013. "Taxes, Theft, and Firm Performance," Journal of Finance, American Finance Association, vol. 68(4), pages 1441-1472, August.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Hearn, Bruce, 2021. "Institutional determinants of bid–ask spreads in Caribbean offshore stock exchanges," Research in International Business and Finance, Elsevier, vol. 58(C).
- Lucy Chernykh & Sergey Mityakov, 2022. "Behavior of Corporate Depositors During a Bank Panic," Management Science, INFORMS, vol. 68(12), pages 9129-9151, December.
- Gawehn, Vanessa, 2019. "Banks and corporate income taxation: A review," arqus Discussion Papers in Quantitative Tax Research 247, arqus - Arbeitskreis Quantitative Steuerlehre.
- Raymond Fisman & April Knill & Sergey Mityakov & Margarita Portnykh, 2022.
"Political Beta [The impact of the 2018 tariffs on prices and welfare],"
Review of Finance, European Finance Association, vol. 26(5), pages 1179-1215.
- Raymond Fisman & April Knill & Sergey Mityakov & Margarita Portnykh, 2020. "Political Beta," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-342, Boston University - Department of Economics.
- Wenxia Ge & Jeong-Bon Kim & Tiemei Li & Jing Zhang, 2022. "Subsidiary operations in offshore financial centers and bank risk-taking: International evidence," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(2), pages 268-301, March.
- Mona Barake, 2023. "Tax Planning by European Banks," Working Papers halshs-03925346, HAL.
- Vincent Bouvatier & Gunther Capelle-Blancard & Anne-Laure Delatte, 2017.
"Banks Defy Gravity in Tax Havens,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
hal-03101505, HAL.
- Delatte, Anne-Laure & Capelle-Blancard, Gunther & Bouvatier, Vincent, 2018. "Banks Defy Gravity in Tax Havens," CEPR Discussion Papers 12222, C.E.P.R. Discussion Papers.
- Vincent Bouvatier & Gunther Capelle-Blancard & Anne-Laure Delatte, 2017. "Banks Defy Gravity in Tax Havens," Working Papers hal-03101505, HAL.
- Vincent Bouvatier & Gunther Capelle-Blancard & Anne-Laure Delatte, 2017. "Banks Defy Gravity in Tax Havens," Working Papers 2017-16, CEPII research center.
- Chen, Hanwen & Liu, Siyi & Wang, Junjie & Wu, Zhijuan, 2022. "The effect of geographic proximity on corporate tax avoidance: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 72(C).
- Hearn, Bruce & Oxelheim, Lars & Randøy, Trond, 2021. "The Impact of Founders on Information Asymmetry vis-à-vis Outside Investors: Evidence from Caribbean Offshore Tax Havens," Working Paper Series 1419, Research Institute of Industrial Economics.
- D’Avino, Carmela, 2023. "Counteracting offshore tax evasion: Evidence from the foreign account tax compliance act," International Review of Law and Economics, Elsevier, vol. 73(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Choy, Siu Kai & Lai, Tat-Kei & Ng, Travis, 2017.
"Do tax havens create firm value?,"
Journal of Corporate Finance, Elsevier, vol. 42(C), pages 198-220.
- Siu Kai Choy & Tat-Kei Lai & Travis Ng, 2017. "Do tax havens create firm value?," Post-Print hal-01533521, HAL.
- Col, Burcin & Errunza, Vihang, 2022. "Havenly acquisitions," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
- James O’Donovan & Hannes F Wagner & Stefan Zeume, 2019.
"The Value of Offshore Secrets: Evidence from the Panama Papers,"
The Review of Financial Studies, Society for Financial Studies, vol. 32(11), pages 4117-4155.
- James O’Donovan & Hannes F. Wagner & Stefan Zeume, 2018. "The Value of Offshore Secrets: Evidence from the Panama Papers," Working Papers 634, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Sun, Yukun, 2021. "Corporate tax avoidance and government corruption: Evidence from Chinese firms," Economic Modelling, Elsevier, vol. 98(C), pages 13-25.
- Hebous, Shafik & Johannesen, Niels, 2021.
"At your service! The role of tax havens in international trade with services,"
European Economic Review, Elsevier, vol. 135(C).
- Shafik Hebous & Niels Johannesen, 2015. "At Your Service! The Role of Tax Havens in International Trade with Services," CESifo Working Paper Series 5414, CESifo.
- Cooper, Maggie & Nguyen, Quyen T.K., 2019. "Understanding the interaction of motivation and opportunity for tax planning inside US multinationals: A qualitative study," Journal of World Business, Elsevier, vol. 54(6), pages 1-1.
- Hope, Ole-Kristian & Ma, Mark (Shuai) & Thomas, Wayne B., 2013. "Tax avoidance and geographic earnings disclosure," Journal of Accounting and Economics, Elsevier, vol. 56(2), pages 170-189.
- Bilicka, Katarzyna & Clancey-Shang, Danjue & Qi, Yaxuan, 2022. "Tax avoidance regulations and stock market responses," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
- Dyreng, Scott D. & Hanlon, Michelle & Maydew, Edward L. & Thornock, Jacob R., 2017. "Changes in corporate effective tax rates over the past 25 years," Journal of Financial Economics, Elsevier, vol. 124(3), pages 441-463.
- Delis, Manthos & Karavitis, Panagiotis & Klassen, Kenneth, 2018. "The corporate governance of profit shifting," MPRA Paper 88724, University Library of Munich, Germany.
- Blaufus, Kay & Möhlmann, Axel & Schwäbe, Alexander N., 2019. "Stock price reactions to news about corporate tax avoidance and evasion," Journal of Economic Psychology, Elsevier, vol. 72(C), pages 278-292.
- Blaufus, Kay & Möhlmann, Axel & Schwäbe, Alexander, 2016. "Corporate tax minimization and stock price reactions," arqus Discussion Papers in Quantitative Tax Research 204, arqus - Arbeitskreis Quantitative Steuerlehre.
- Vincent Bouvatier & Gunther Capelle-Blancard & Anne-Laure Delatte, 2017.
"Banks Defy Gravity in Tax Havens,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
hal-03101505, HAL.
- Delatte, Anne-Laure & Capelle-Blancard, Gunther & Bouvatier, Vincent, 2018. "Banks Defy Gravity in Tax Havens," CEPR Discussion Papers 12222, C.E.P.R. Discussion Papers.
- Vincent Bouvatier & Gunther Capelle-Blancard & Anne-Laure Delatte, 2017. "Banks Defy Gravity in Tax Havens," Working Papers hal-03101505, HAL.
- Vincent Bouvatier & Gunther Capelle-Blancard & Anne-Laure Delatte, 2017. "Banks Defy Gravity in Tax Havens," Working Papers 2017-16, CEPII research center.
- Mironov, Maxim, 2015. "Should one hire a corrupt CEO in a corrupt country?," Journal of Financial Economics, Elsevier, vol. 117(1), pages 29-42.
- Desai, Mihir A. & Dyck, Alexander & Zingales, Luigi, 2007.
"Theft and taxes,"
Journal of Financial Economics, Elsevier, vol. 84(3), pages 591-623, June.
- Zingales, Luigi & Desai, Mihir & Dyck, Alexander, 2004. "Theft and Taxes," CEPR Discussion Papers 4816, C.E.P.R. Discussion Papers.
- Mihir A. Desai & Alexander Dyck & Luigi Zingales, 2004. "Theft and Taxes," NBER Working Papers 10978, National Bureau of Economic Research, Inc.
- Hanlon, Michelle & Heitzman, Shane, 2010. "A review of tax research," Journal of Accounting and Economics, Elsevier, vol. 50(2-3), pages 127-178, December.
- Aija Rusina, 2020. "Name and shame? Evidence from the European Union tax haven blacklist," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 27(6), pages 1364-1424, December.
- Cooper, Maggie & Nguyen, Quyen T.K., 2020. "Multinational enterprises and corporate tax planning: A review of literature and suggestions for a future research agenda," International Business Review, Elsevier, vol. 29(3).
- Langenmayr, Dominika & Zyska, Lennard, 2023.
"Escaping the exchange of information: Tax evasion via citizenship-by-investment,"
Journal of Public Economics, Elsevier, vol. 221(C).
- Dominika Langenmayr & Lennard Zyska, 2021. "Escaping the Exchange of Information: Tax Evasion via Citizenship-by-Investment," CESifo Working Paper Series 8956, CESifo.
- Menkhoff, Lukas & Miethe, Jakob, 2019.
"Tax evasion in new disguise? Examining tax havens' international bank deposits,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 176, pages 53-78.
- Menkhoff, Lukas & Miethe, Jakob, 2019. "Tax evasion in new disguise? Examining tax havens' international bank deposits," Journal of Public Economics, Elsevier, vol. 176(C), pages 53-78.
- Lukas Menkhoff & Jakob Miethe, 2017. "Tax Evasion in New Disguise? Examining Tax Havens’ International Bank Deposits," Discussion Papers of DIW Berlin 1711, DIW Berlin, German Institute for Economic Research.
- Miethe, Jakob & Menkhoff, Lukas, 2017. "Dirty money coming home: Capital flows into and out of tax havens," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168082, Verein für Socialpolitik / German Economic Association.
More about this item
Keywords
Financial institutions; Offshore banking; Tax evasion;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
- H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jfinec:v:126:y:2017:i:3:p:516-542. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505576 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.