How do countries curb their debt or profit shifting: a systematic literature review

Figures & data

Figure 1. Flow of Information through the different phases of systematic review.

Source: Researcher, 2023.

Table 1. The list of journal.

No	Year	Author	Title	Publisher
1	2013	Matthias Wrede	Multinational financial structure and tax competition	Springer Link
2	2013	Philip G. Cohen	Testing thin capitalization under section 163(j): a flawed safe harbor	Proquest
3	2013	Ulrich Scheiber	International business taxation and the business cash flow tax	Springer Link
4	2014	Jim Fuller, David Forst	US inbound: inbound debt limitations	Proquest
5	2014	Matthias Dischinger, Bodo Knoll, Nadine Riedel	The role of headquarters in multinational profit shifting strategies	Springer Link
6	2014	Michael Overesch, Georg Wamser	Bilateral internal debt financing and tax planning of multinational firms	Springer Link
7	2014	Thomas Hemmelgarn, Daniel Teichmann	Tax reforms and the capital structure of banks	Springer Link
8	2015	Borisas Seminogovas	Taxation hybrid instruments	ScienceDirect
9	2015	Christof Beuselink, Marc Deloof, Ann Vanstraelen	Cross-jurisdictional income shifting and tax enforcement: evidence from public versus private multinationals	Springer Link
10	2015	Grace Weishi Gu, Ruud de Mooij, Tigran Poghosyan	Taxation and leverage in international banking	Springer Link
11	2015	Kay Blaufus, Marocs Kreinacke, Britta Mantei	Interest deductibility restrictions and organizational form	Proquest
12	2015	Mihir A. Desai, Dhammika Dharmapala	Interest deduction in multijurisdictional world	Proquest
13	2015	Molly J. Saunders-Scott	Substitution across methods of profit shifting	Proquest
14	2016	Ann Kayis-Kumar	What’s BEPS got to do with it? Exploring the effectiveness of thin capitalization rules	Proquest
15	2016	David Forst, Jim Fuller	US inbound: US proposes new debt-equity regulations regarding interest in a corporation	Proquest
16	2016	Frank M. Fossen, Martin Simmer	Personal taxation of capital income and the financial leverage of firms	Springer Link
17	2016	Thiess Buettner, MichaelOveresch, Georg Wamser	Restricted interest deductibility and multinationals’ use of internal debt finance	Springer Link
18	2017	Mohammed Mardan	Why countries differ in thin capitalization rules: The Rule of financial development	ScienceDirect
19	2017	Peter Birch Sorensen	Taxation and the optimal constraint on corporate debt finance: why a comprehensive business income tax is suboptimal	Springer Link
20	2017	Thomas A. Gresik, Dirk Schindler, Guttorm Schjelderup	Immobilizing corporate income shifting: Should it safe to strip in the harbor?	ScienceDirect
21	2018	Andreas Haufler, Mohammed Mardan, Dirk Schindler	Double tax discrimination to attract FDI and fight profit shifting: The Role of CFC Rule	ScienceDirect
22	2018	Dirk Kiesewetter, Tobias Steigenberger, Mattias Stier	Can formula apportionment really prevent multinational entrprises from profit shifting? The role of asset valuation, intragroup debt, and leases	Springer Link
23	2018	Jose A. Clemente-Almendros, Fransisco Sogorb-Mira	Costs of debt, tax benefits and a new measure of non-debt tax shields: examining debt conservatism in Spanish listed firms	ScienceDirect
24	2018	Martin Thomsen, Christoph Wartin	Tax avoidance over time: A comparison of European and US Firms	ScienceDirect
25	2018	Pieter Van Der Zwan, Daniel P. Schutte, Waldo Krugell	An evaluation of interest deduction limitations to counter base erosion in South Africa	Proquest
26	2018	Thiess Buettner, MichaelOveresch, Georg Wamser	Anti-profit shifting rules and foreign direct investment	Springer Link
27	2019	Irena Stejskalova, Petra Kozakova, Jana Pevna	Tax Deductibility of Interest under the ATAD in investment decisions	Proquest
28	2020	Costas Savva, Demis Ioannou, Taxatelier	OECD FT Report: a potential solution to excessive debt financing	Proquest
29	2020	Dave Goyvaerts, Annelies Roggeman	The impact of thin capitalization rules on subsidiary financing: evidence from Belgium	Springer Link
30	2020	Katharina Schulte Sasse, Christoph Watrin, Falko Weib	The Alignment between reported profits and real activity in times of the BEPS Action Plan	ScienceDirect
31	2020	Pietro Dallari, Nicolas End, Fedor Miryugin	Pouring oil on fire: interest deductibility and corporate debt	Springer Link
32	2020	Sabine Schenkelberg	The Cadbury schweppes judgment and its implication on profit shifting activities within Europe	Springer Link
33	2020	Xuerui (Estelle) Li and Alfred Tran	An Empirical study on cross-border profit shifting in Australia	Proquest
34	2020	Zarko Y. Kalamov	Safe haven or earnings stripping rules: a prisioner’s dilemma	Proquest
35	2021	Anna Leszylowska, Jan-Hendrik Meier	Do earning stripping rules hamper investment? Evidence from CIT reforms in European Countries	ScienceDirect
36	2021	Franz Reiter, Dominika Langenmayr, Svea Holtman	Avoiding taxes: bank’s use of internal debt	Proquest
37	2021	Jeff Gordon	Coherent capital structure policy: between bailouts and the interest deduction	Proquest
38	2022	Aleksi Eerola, Arjen H. L. Slangen	A review of international management research on corporate taxation	Springer Link
39	2022	Ama A. Ahene-Codjoe, Angela A. Alu, Rahul Mehrotra	Abnormal pricing in international commodity trading: Evidence from Ghana	ScienceDirect
40	2022	Egidijus Kundelis, Renata Legenzova, Julijonas Kartanas	Debt or profit shifting? Assessment of corporate tax avoidance practices across Lithuanian companies	Proquest
41	2022	Goerdt Gideon, Wolfgang Eggert	Substitution across profit shifting methods and the impact on thin capitalization rules	Proquest
42	2023	Aria Ardalan, Sebastian G. Kessing, Salmai Qari, Malte Zoubek	Does capital bear the burden of local corporates taxes? Evidence from Germany	ScienceDirect
43	2023	Harald J. Amberger, Saskia Kohlhase	International taxation and the organizational form of foreign direct investment	Springer Link

Source: Researcher, 2023.

Figure 2. Network visualization keyword co-occurrence in thin capitalization.

Source: extraction from VOSviewer, 2024.

Data availability statement

All data underlying the results are available as part of the article and no additional source data required.