研討日期	2022年10月17日 中午12:30~ 13:50
研討地點	國立臺灣大學社會科學院710會議室
主講題目 Title of the paper	Transfer pricing regulation and tax competition
作者 Authors of the paper	Jay Pil Choi, Taiji Furusawa, Jota Ishikawa
文獻出處 Journal, vol.(issue), pp	Journal of International Economics Volume 127, November 2020, 103367
主講人	彭正浩
參加人員	許至乙、王光正、林燕淑、梁文榮、張瑞雲、彭正浩、黃鴻、郭文忠、蘇家睿、Suttiwan Suwannajoi、Noya Yukari Siregar、Latasha Barshilia、 Manuel-Milan Ramsler
摘要 Abstract of the paper	The paper analyzes multinational enterprises' incentives to manipulate internal transfer prices to take advantage of tax differences across countries, and implications of transfer-pricing regulations as a countermeasure against such profit shifting. We find that tax-motivated foreign direct investment (FDI) may entail inefficient internal production but may benefit consumers. Thus, encouraging transfer-pricing behavior to some extent can enhance social welfare. Furthermore, we consider tax competition between two countries to explore its interplay with transfer-pricing regulations. We show that the FDI source country will be willing to set a higher tax rate and tolerate some profit shifting to a tax haven country if the regulation is tight enough. We also indicate a novel mechanism through which it is the larger country that undertakes tax-motivated FDI, the pattern we often observe in reality.