TY  - SER
AU  - Williams,Branden M.
TI  - Multinational tax incentives and offshored U.S. jobs
KW  - Contabilidad
KW  - Publicaciones seriadas
KW  - Impuestos
KW  - Legislación
KW  - Estados Unidos
KW  - Empresas costa afuera
KW  - Creación de empleo
N2  - This paper examines if, when, and to what extent multinational tax incentives incrementally explain where firms move offshored U.S. jobs. Using jobs data from a Department of Labor program called Trade Adjustment Assistance, I find a significant association between tax incentives and both the likelihood that a foreign country hosts offshored U.S. jobs and the number of U.S. jobs it hosts. This association is stronger when managers have discretion to coordinate cross-border transactions internally and when they do not face political costs imposed by labor unions. Following instances of offshoring, I find some evidence that offshoring firms have lower effective tax rates, but these reductions are concentrated within larger layoffs in which jobs are sent to low-tax countries. These findings are relevant to understanding the real effects and welfare consequences of incentives created by current U.S. tax policy
ER  -