Research Handbook on the Economics of Tax Havens

Edited by Arjan Lejour, Professor of Taxation and Public Finance, Fiscal Institute, Tilburg School of Economics and Management, Tilburg University and Dirk Schindler, Professor of International Taxation, Department of Economics, Erasmus School of Economics, the Netherlands

Contents
Preface x
PART I INTRODUCTION 1
1 The need for (economic) research on tax havens: an overview on where we are and where we go 2
Arjan Lejour and Dirk Schindler
2 The institutional and historical characteristics of tax havens 23
Dhammika Dharmapala
3 Data leaks and tax havens 40
Hannes F. Wagner and Stefan Zeume
PART II THE EFFECTS OF TAX HAVENS IN CORPORATE TAXATION
4 Theoretical analyses of tax havens 62
Thomas A. Gresik and John D. Wilson
5 Small versus large: the renaissance of macro-data in profit-shifting research 81
Sebastian Beer, Tibor Hanappi and Jan Loeprick
6 Profit-shifting elasticities, channels, and the role of tax havens 105
Valeria Merlo and Georg Wamser
7 The real effects of tax havens 121
Annette Alstadsæter, Ronald B. Davies, Mathieu Parenti and Farid Toubal
8 Tax havens: a developing country perspective 140
Antonia Hohmann, Nadine Riedel and Ida Zinke
PART III PERSONAL INCOME TAX ASPECTS OF TAX HAVENS
9 Tax havens, personal tax evasion and inequality 160
Andreas Økland
10 Citizenship/residence by investment and digital nomad visas 179
Elisa Casi, Mohammed Mardan and Barbara M. B. Stage
11 Tax havens and illicit financial flows 196
Jakob Miethe
PART IV THE BUSINESS MODELS OF TAX HAVENS
12 Conduit countries and treaty shopping 218
Alfons J. Weichenrieder and Dmitry Erokhin
13 Hidden havens: state and local governments as tax havens? 238
David R. Agrawal
14 Crime havens: tax planners and financial institutions rub shoulders with criminals 256
Evelina Gavrilova and Guttorm Schjelderup
PART V REGULATION OF TAX HAVENS
15 Promote, ignore, pretend: the political economy of regulating tax havens 280
Lukas Hakelberg and Thomas Rixen
16 Unlocking hidden treasures: the theory of fighting tax havens efficiently 300
Zarko Y. Kalamov
17 Information exchange and tax havens 319
Lisa De Simone and Bridget Stomberg
18 Multinational firms in tax havens – corporate motives, regulatory countermeasures, and recent statistics 348
Marcel Olbert, Christoph Spengel and Stefan Weck
19 Design and consequences of CFC and GILTI rules: a review and potential lessons for the global minimum tax 371
Michael Overesch, Dirk Schindler and Georg Wamser
20 Deciphering the GloBE in a low-tax jurisdiction 392
Shafik Hebous, Cory Hillier and Andualem Mengistu
21 Life after OECD Pillar Two? Some legal challenges for effective regulation 413
Maarten F. de Wilde
Index 438