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    题名: 國別報告要求對我國跨國企業過境直接投資之影響
    The Effect of Country-by-Country Report on the Transit Direct Investment of Taiwanese Multinational Firms
    作者: 郭家瑜
    Kuo, Chia-Yu
    贡献者: 陳香梅
    Chen, Shine-May
    郭家瑜
    Kuo, Chia-Yu
    关键词: 國別報告
    國別報告嚴謹程度
    資訊透明
    過境直接投資
    Country-by-Country Report
    The strictness of Country-by-Country Report
    Information transparency
    Transit direct investment
    日期: 2019
    上传时间: 2019-08-07 16:50:39 (UTC+8)
    摘要: 為研究地主國租稅環境,尤其是國別報告制度要求,對我國跨國企業過境投資之影響,本文以固定效果模型研究 2001 年至 2017 年間我國跨國企業過境直接投資之海外關係企業投資額。過去探討資訊透明之實證文獻多以稅務資訊交換協定為研究對象,尚未加入國別報告相關之變數;反避稅制度效果之實證文獻中多單獨探討資本弱化條款或移轉訂價制度之政策有效性。過去與過境直接投資相關之文獻多在估計各國稅收損失,或是針對過境投資做介紹;與整體外國直接投資之實證文獻則多以租稅協定與投資協定作為主要變數,僅一篇實證文獻同時研究地主國反避稅制度對投資的影響。本文首度加入國別報告相關變數及資訊透明程度變數,探討地主國是否有國別報告要求、國別報告嚴謹程度,以及稅務資訊交換協定生效數量對我國過境直接投資之影響。
    本文之實證結果發現,地主國若有新增國別報告制度,或是國別報告嚴謹程度越高,我國跨國企業對該地主國之投資並未產生顯著影響。然而,當租稅天堂地主國有增訂國別報告要求,則我國投資至該租稅天堂地主國之過境直接投資金額顯著下降;租稅天堂地主國之國別報告嚴謹程度則未出顯著影響。資訊透明變數中,與地主國是否有國別報告要求相似,租稅天堂地主國生效之稅務資訊交換協定越多,我國投資至該租稅天堂地主國之過境直接投資金額顯著降低。
    In order to investigate how the tax-related environment of host countries, especially the requirements of the Country-by-Country Report, affect Taiwanese multinational enterprises on transit direct investment, this paper uses fixed effect model to examine the transit direct investment of Taiwanese multinational enterprises to their foreign affiliates from 2001 to 2017. Recently, empirical literatures related to transparency were mostly based on Tax Information Exchange Agreements, however, they didn’t consider the effects of Country-by-Country Report. Most empirical literatures related to anti-tax avoidance separately discussed the policy effectiveness of the Thin Capitalization Rules or Transfer Pricing Rules. Furthermore, literatures related to transit direct investment focus more on estimating the tax revenues losses in various countries, or focus on introducing the concept of transit direct investment. Empirical literatures discussing overall foreign direct investment mostly uses double tax treaties and investment treaties as main variable. There is only one empirical literature explores how the anti-profit shifting rules affects investment of foreign subsidiaries. This article is the first to take Country-by-Country Report and other information transparency variables into consideration, to explore whether the transit direct investment of Taiwanese multinational enterprises is affected by Country-by-Country Report requirement in the host country, the strictness of Country-by-Country Report requirement in the host country and the amount of Tax Information Exchange Agreements enter into force in the host country.
    The empirical results reveal that there is no significant investment effect of the Country-by-Country Report requirement or the strictness of Country-by-Country Report in the host country. However, if the tax haven host country has updated the Country-by-Country Report, the amount of transit direct investment has decreased significantly. Unfortunately, we could not capture the negative effect of the strictness of Country-by-Country Report requirement in the tax haven host country. Among the information transparency variables, the results are similar to the effects of Country-by-Country Report. The more Tax Information Exchange Agreements enter into force in tax haven host country, the more significant reduction in the amount of transit direct investment of Taiwanese multinational enterprises.
    參考文獻: 陳香梅與黃庭欣 (2018),「租稅協定、資訊交換條款與跨國公司的海外營運活動」,《經濟研究》,54(1),73-118。
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    描述: 碩士
    國立政治大學
    財政學系
    106255003
    資料來源: http://thesis.lib.nccu.edu.tw/record/#G0106255003
    数据类型: thesis
    DOI: 10.6814/NCCU201900167
    显示于类别:[財政學系] 學位論文

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