题目：The Rise of Profit and The Decline of Entry: Effects of Anti-Tax Avoidance on MNCs in China

主讲人：刘志阔 副教授

时间：2022年6月15日（周三）14：30

地点：腾讯会议：858-143-187

摘要：Anti-tax avoidance on multinationals has been at the top of the international tax policy agenda since the 2008 global financial crisis. This paper employs the DID method to identify the effects of anti-tax avoidance on MNCs in China and decomposes the factors through which the policy takes effect. We find that for MNCs with negative profit ex ante, profit-to-asset ratio of MNCs in exposed industries increased by nearly 10%. Further decomposition of profit shows that both revenue and cost increased, for 30% and 20% separately, of which the scale is consistent with increase of profit. However, the retained profits are at the cost of a shrinking of the real economy, such as a decline in FDI entry.

主讲人简介：刘志阔，复旦大学经济学院副教授、博士生导师，主要研究税收政策与企业行为，研究成果发表在American Economic Review、Review of Economic Studies、Review of Economics and Statistics、《经济研究》、《管理世界》等国内外权威期刊，并获得上海市第十五届和第十四届哲学社会科学优秀成果奖一等奖、教育部第八届高等学校科学研究优秀成果奖二等奖、第四届张培刚发展经济学青年学者奖等，主持国家自然科学科学基金优秀青年基金和青年基金项目。