International tax
research
beyond APB 23
Kevin Markle, University of Iowa
ATA Doctoral Consortium, Washington, D.C.
February 25, 2015
The international tax research landscape
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Our competitive advantage
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With great power comes…
ATA Doctoral Consortium 2015
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Markle – International beyond APB 23
Main points
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Economists
ATA Doctoral Consortium 2015
Research in international tax
Accountants
If you are the smartest person in the room,
you are in the wrong room.
Markle – International beyond APB 23
Lawyers
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Hanlon, Lester, and Verdi – The effect of repatriation tax costs
on US multinational investment
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Edwards, Kravet, and Wilson – Trapped cash and the
profitability of foreign cash acquisitions
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De Simone – Does a common set of accounting standards affect
tax-motivated income shifting for multinational firms?
•
Blouin, Huizinga, Laeven, and Nicodeme – Thin capitalization
rules and multinational firm capital structure
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Dyreng and Markle – The effect of financial constraints on the
tax-motivated income shifting of U.S. multinationals
ATA Doctoral Consortium 2015
We understand financial accounting
Markle – International beyond APB 23
Our competitive advantage
4
ATA Doctoral Consortium 2015
With great power comes…
Markle – International beyond APB 23
relevance
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Markle – International beyond APB 23
ATA Doctoral Consortium 2015
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Markle – International beyond APB 23
ATA Doctoral Consortium 2015
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Markle – International beyond APB 23
ATA Doctoral Consortium 2015
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Markle – International beyond APB 23
ATA Doctoral Consortium 2015
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Markle – International beyond APB 23
ATA Doctoral Consortium 2015
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Markle – International beyond APB 23
ATA Doctoral Consortium 2015
• OECD
BEPS Project
ATA Doctoral Consortium 2015
We can contribute
 Huge challenge is “measuring BEPS”
changes and tax reform
 We understand how existing data can be used in a
quasi-experimental setting
Markle – International beyond APB 23
• Regime
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