Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firms

Detalhes bibliográficos
Autor(a) principal: Rathke, Alex Augusto Timm
Data de Publicação: 2019
Tipo de documento: Tese
Idioma: eng
Título da fonte: Biblioteca Digital de Teses e Dissertações da USP
Texto Completo: http://www.teses.usp.br/teses/disponiveis/96/96133/tde-21102019-105426/
Resumo: This study investigates the effect of the transfer pricing (TP) rules on tax-induced profit shifting by firms. It is composed by three parts. The first part analyses the characteristics of TP rules across countries to create a classification of TP systems based on regulatory similarities. Hierarchical clustering method is applied for the analysis of 57 qualitative and quantitative TP characteristics. Results indicate the existence of four distinct TP systems, of which the largest group is composed of countries with TP rules that are consistent with the OECD TP guidelines. The second part analyses the relation between the characteristics of TP rules and the perception of tax enforcement across countries. Current tax research assumes that more extensive tax rules imply in higher tax enforcement, for this study focuses in testing this assumption. Results indicate that different measures for the tax enforcement perception are associated with different characteristics of TP rules. The third part investigates the profit shifting in Brazil and the effect of different TP systems applied to the foreign related parties. The Brazilian context provides a novel case for analysis, since it combines an extreme tax burden, a highly complex tax system, and a unique set of TP rules, thus to represent a relevant set of shifting incentives. As expected, this study finds strong evidences of profit shifting in Brazilian firms. Moreover, results suggest that some rules are more effective in curtailing the profit shifting, but firms are still able exploit vulnerabilities in TP systems towards the shifting strategy
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spelling Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firmsEstudos sobre normas de preços de transferência e profit shifting: impacto da regulação internacional sobre o comportamento de alocação de resultados de empresas brasileirasErosão tributáriaEvasão tributáriaPreços de transferência (transfer pricing)Profit shiftingProfit shiftingTax base erosionTax evasionTransfer pricingThis study investigates the effect of the transfer pricing (TP) rules on tax-induced profit shifting by firms. It is composed by three parts. The first part analyses the characteristics of TP rules across countries to create a classification of TP systems based on regulatory similarities. Hierarchical clustering method is applied for the analysis of 57 qualitative and quantitative TP characteristics. Results indicate the existence of four distinct TP systems, of which the largest group is composed of countries with TP rules that are consistent with the OECD TP guidelines. The second part analyses the relation between the characteristics of TP rules and the perception of tax enforcement across countries. Current tax research assumes that more extensive tax rules imply in higher tax enforcement, for this study focuses in testing this assumption. Results indicate that different measures for the tax enforcement perception are associated with different characteristics of TP rules. The third part investigates the profit shifting in Brazil and the effect of different TP systems applied to the foreign related parties. The Brazilian context provides a novel case for analysis, since it combines an extreme tax burden, a highly complex tax system, and a unique set of TP rules, thus to represent a relevant set of shifting incentives. As expected, this study finds strong evidences of profit shifting in Brazilian firms. Moreover, results suggest that some rules are more effective in curtailing the profit shifting, but firms are still able exploit vulnerabilities in TP systems towards the shifting strategyO presente estudo busca investigar o efeito das normas de preços de transferência (TP) sobre a estratégia de minimização tributária das empresas conhecida como profit shifting. O estudo é composto por três partes. A primeira parte analisa as características das normas de TP nos países, para a criação de uma classificação de sistemas de TP baseada nas similaridades regulatórias de cada país. O método de clustering hierárquico é aplicado para a análise de 57 características quantitativas e qualitativas das normas de TP. Resultados indicam a existência de quatro grupos distintos de sistemas de TP, do qual o maior grupo é composto por países que possuem normas de TP que são consistentes com os guidelines internacionais propostos pela OECD. A segunda parte analisa a relação entre as características das normas de TP e a percepção de enforcement tributário nos países. A literatura tributária atual assume que normas tributárias mais detalhadas implicam em um maior enforcement, e o presente estudo busca analisar esse pressuposto. Resultados indicam que diferentes medidas de percepção de enforcement tributário estão associadas a diferentes características das normas de TP. A terceira parte investiga o profit shifting no Brasil e o efeito de diferentes sistemas de TP aplicáveis às partes relacionadas no exterior. O contexto brasileiro proporciona um caso oportuno para análise, pois combina uma extrema carga tributária, um sistema tributário de alta complexidade, e um conjunto de normas de TP único no mundo, de forma a representar um conjunto relevante de incentivos ao profit shifting. Conforme previsto, o estudo encontra fortes indícios de profit shifting nas empresas brasileiras. Além disso, os resultados sugerem que algumas normas de TP são mais efetivas em inibir o profit shifting, porém as empresas têm condições de explorar as vulnerabilidades das normas de TP em direção à estratégia de profit shiftingBiblioteca Digitais de Teses e Dissertações da USPRezende, Amaury JoséWatrin, Christoph Otto Joachim ClaudiusRathke, Alex Augusto Timm2019-08-30info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/doctoralThesisapplication/pdfhttp://www.teses.usp.br/teses/disponiveis/96/96133/tde-21102019-105426/reponame:Biblioteca Digital de Teses e Dissertações da USPinstname:Universidade de São Paulo (USP)instacron:USPLiberar o conteúdo para acesso público.info:eu-repo/semantics/openAccesseng2019-12-09T14:35:02Zoai:teses.usp.br:tde-21102019-105426Biblioteca Digital de Teses e Dissertaçõeshttp://www.teses.usp.br/PUBhttp://www.teses.usp.br/cgi-bin/mtd2br.plvirginia@if.usp.br|| atendimento@aguia.usp.br||virginia@if.usp.bropendoar:27212019-12-09T14:35:02Biblioteca Digital de Teses e Dissertações da USP - Universidade de São Paulo (USP)false
dc.title.none.fl_str_mv Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firms
Estudos sobre normas de preços de transferência e profit shifting: impacto da regulação internacional sobre o comportamento de alocação de resultados de empresas brasileiras
title Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firms
spellingShingle Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firms
Rathke, Alex Augusto Timm
Erosão tributária
Evasão tributária
Preços de transferência (transfer pricing)
Profit shifting
Profit shifting
Tax base erosion
Tax evasion
Transfer pricing
title_short Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firms
title_full Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firms
title_fullStr Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firms
title_full_unstemmed Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firms
title_sort Studies on transfer pricing systems and profit shifting: impact of the international regulation on the shifting behaviour of Brazilian firms
author Rathke, Alex Augusto Timm
author_facet Rathke, Alex Augusto Timm
author_role author
dc.contributor.none.fl_str_mv Rezende, Amaury José
Watrin, Christoph Otto Joachim Claudius
dc.contributor.author.fl_str_mv Rathke, Alex Augusto Timm
dc.subject.por.fl_str_mv Erosão tributária
Evasão tributária
Preços de transferência (transfer pricing)
Profit shifting
Profit shifting
Tax base erosion
Tax evasion
Transfer pricing
topic Erosão tributária
Evasão tributária
Preços de transferência (transfer pricing)
Profit shifting
Profit shifting
Tax base erosion
Tax evasion
Transfer pricing
description This study investigates the effect of the transfer pricing (TP) rules on tax-induced profit shifting by firms. It is composed by three parts. The first part analyses the characteristics of TP rules across countries to create a classification of TP systems based on regulatory similarities. Hierarchical clustering method is applied for the analysis of 57 qualitative and quantitative TP characteristics. Results indicate the existence of four distinct TP systems, of which the largest group is composed of countries with TP rules that are consistent with the OECD TP guidelines. The second part analyses the relation between the characteristics of TP rules and the perception of tax enforcement across countries. Current tax research assumes that more extensive tax rules imply in higher tax enforcement, for this study focuses in testing this assumption. Results indicate that different measures for the tax enforcement perception are associated with different characteristics of TP rules. The third part investigates the profit shifting in Brazil and the effect of different TP systems applied to the foreign related parties. The Brazilian context provides a novel case for analysis, since it combines an extreme tax burden, a highly complex tax system, and a unique set of TP rules, thus to represent a relevant set of shifting incentives. As expected, this study finds strong evidences of profit shifting in Brazilian firms. Moreover, results suggest that some rules are more effective in curtailing the profit shifting, but firms are still able exploit vulnerabilities in TP systems towards the shifting strategy
publishDate 2019
dc.date.none.fl_str_mv 2019-08-30
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/doctoralThesis
format doctoralThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://www.teses.usp.br/teses/disponiveis/96/96133/tde-21102019-105426/
url http://www.teses.usp.br/teses/disponiveis/96/96133/tde-21102019-105426/
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv
dc.rights.driver.fl_str_mv Liberar o conteúdo para acesso público.
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Liberar o conteúdo para acesso público.
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.coverage.none.fl_str_mv
dc.publisher.none.fl_str_mv Biblioteca Digitais de Teses e Dissertações da USP
publisher.none.fl_str_mv Biblioteca Digitais de Teses e Dissertações da USP
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reponame:Biblioteca Digital de Teses e Dissertações da USP
instname:Universidade de São Paulo (USP)
instacron:USP
instname_str Universidade de São Paulo (USP)
instacron_str USP
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reponame_str Biblioteca Digital de Teses e Dissertações da USP
collection Biblioteca Digital de Teses e Dissertações da USP
repository.name.fl_str_mv Biblioteca Digital de Teses e Dissertações da USP - Universidade de São Paulo (USP)
repository.mail.fl_str_mv virginia@if.usp.br|| atendimento@aguia.usp.br||virginia@if.usp.br
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