政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/152907

政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/152907

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Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/152907

Title:	國別報告對台灣上市公司於台灣利潤占比之影響 The Impact of Country-by-Country Reporting on the Profit Share of Taiwanese Listed Companies in Taiwan
Authors:	李伊晴 LI, YI-QING
Contributors:	陳香梅 Chen, Shine-May 李伊晴 LI, YI-QING
Keywords:	國別報告利潤占比利潤移轉租稅管轄區 Country-by-Country Reporting (CbCR) Profit Share Profit Shifting Tax Jurisdiction
Date:	2024
Issue Date:	2024-08-05 14:45:10 (UTC+8)
Abstract:	為檢視台灣國別報告的實施是否使台灣上市公司的利潤分布與經濟實質更為一致，本研究以2014-2021年台灣上市公司的關係企業營運資料為基礎，透過DID模型觀察2017年台灣開始實行國別報告法規後，對於需提交國別報告的上市公司台灣利潤占比的影響。不同於以往文獻研究國別報告對於利潤移轉行為時，多以總部利潤或分支機構利潤作為被解釋變數，本文彙總跨國企業分支機構於台灣的利潤占比，以租稅管轄區為單位進行實證分析。本文實證結果說明國別報告的實施對於需提交國別報告的上市公司台灣利潤占比有正面影響，台灣利潤占比增加9%左右，且該效果主要發生於政策實施年及後一年（2017-2018年），說明國別報告的實施有效使利潤回流台灣。此外，採用台灣利潤值替換利潤占比、調整公司營收規模，或重新配對樣本等方式與主要實證結果維持一致性，說明本文實證結果相當穩健。 In order to examine whether the implementation of Country-by-Country Reporting (CbCR) in Taiwan has aligned the profit distribution and economic substance of Taiwanese listed companies more consistently. This study is based on the Relation’s Operation Detail of Taiwanese listed companies from 2014 to 2021. We use a DID model to observe the impact of Taiwan's implementation of CbCR regulations in 2017 on Taiwan’s profit share for listed companies required to submit CbCR. Unlike previous literature that predominantly focuses on headquarters’ profit share or affiliates’ pretax earnings when studying profit shifting behavior, this paper aggregates the profit share of MNEs’ affiliates in Taiwan and conducts empirical analysis on a tax jurisdiction basis. The empirical results demonstrate that the implementation of CbCR positively affects the profit share of Taiwan for listed companies required to submit CbCR, increasing by approximately 9%. This effect primarily occurs in the year of policy implementation and the subsequent year (2017-2018), indicating that CbCR effectively induces profit repatriation to Taiwan. Additionally, using alternative methodologies, such as replacing profit share with profit value, adjusting for company revenue scale, or re-matching samples, yields consistent results with the main empirical findings, suggesting the robustness of the study results.
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Description:	碩士國立政治大學財政學系 111255013
Source URI:	http://thesis.lib.nccu.edu.tw/record/#G0111255013
Data Type:	thesis
Appears in Collections:	[Department of Public Finance] Theses

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