Determinants of Tax Haven Utilization: Evidence from Australian Firms

This paper examines the major determinants of tax haven utilization based on a sample of 200 publicly listed Australian firms, over the 2006–2010 period (1,000firm-years). Our regression results show that variables relating to transfer pricing, intangible assets, an interaction term between transfer...

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Main Authors: Taylor, Grantley, Richardson, G., Taplin, Ross
Format: Journal Article
Published: Wiley-Blackwell Publishing Asia 2014
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/37144
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author Taylor, Grantley
Richardson, G.
Taplin, Ross
author_facet Taylor, Grantley
Richardson, G.
Taplin, Ross
author_sort Taylor, Grantley
building Curtin Institutional Repository
collection Online Access
description This paper examines the major determinants of tax haven utilization based on a sample of 200 publicly listed Australian firms, over the 2006–2010 period (1,000firm-years). Our regression results show that variables relating to transfer pricing, intangible assets, an interaction term between transfer pricing and intangible assets, withholding taxes, performance-based management remuneration and multinationality are positively associated with tax haven utilization. We also find that corporate governance structures are negatively associated with tax have nutilization. The magnitude and significance of the regression coefficients indicate that transfer pricing, withholding taxes, intangible assets, an interaction term between transfer pricing and intangible assets, corporate governance and multinationality are the most important drivers of tax haven utilization.
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T08:48:48Z
publishDate 2014
publisher Wiley-Blackwell Publishing Asia
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spelling curtin-20.500.11937-371442017-09-13T13:59:39Z Determinants of Tax Haven Utilization: Evidence from Australian Firms Taylor, Grantley Richardson, G. Taplin, Ross Tax havens Tax avoidance Australian tax This paper examines the major determinants of tax haven utilization based on a sample of 200 publicly listed Australian firms, over the 2006–2010 period (1,000firm-years). Our regression results show that variables relating to transfer pricing, intangible assets, an interaction term between transfer pricing and intangible assets, withholding taxes, performance-based management remuneration and multinationality are positively associated with tax haven utilization. We also find that corporate governance structures are negatively associated with tax have nutilization. The magnitude and significance of the regression coefficients indicate that transfer pricing, withholding taxes, intangible assets, an interaction term between transfer pricing and intangible assets, corporate governance and multinationality are the most important drivers of tax haven utilization. 2014 Journal Article http://hdl.handle.net/20.500.11937/37144 10.1111/acfi.12064 Wiley-Blackwell Publishing Asia restricted
spellingShingle Tax havens
Tax avoidance
Australian tax
Taylor, Grantley
Richardson, G.
Taplin, Ross
Determinants of Tax Haven Utilization: Evidence from Australian Firms
title Determinants of Tax Haven Utilization: Evidence from Australian Firms
title_full Determinants of Tax Haven Utilization: Evidence from Australian Firms
title_fullStr Determinants of Tax Haven Utilization: Evidence from Australian Firms
title_full_unstemmed Determinants of Tax Haven Utilization: Evidence from Australian Firms
title_short Determinants of Tax Haven Utilization: Evidence from Australian Firms
title_sort determinants of tax haven utilization: evidence from australian firms
topic Tax havens
Tax avoidance
Australian tax
url http://hdl.handle.net/20.500.11937/37144