Globalization and U.S. corporate tax policies: evidence from import competition

• Main Authors: Chen, Tao, Lin, Chen, Shao, Xiang
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2023
• Subjects: Business::Finance; Globalization; Tax Planning
• Online Access: https://hdl.handle.net/10356/164063
• Institution: Nanyang Technological University

This paper studies how globalization affects the corporate tax policies of U.S. manufacturing firms. Using U.S.-granting China Permanent Normal Trade Relations as a quasi-natural experiment, we find a significant increase in tax reduction activities for firms facing higher exposure to Chinese import...