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Does tax drive the headquarters locations of the world’s biggest companies?

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  • Kimberly A. Clausing

Abstract

In recent years, policy-makers have given paramount attention to “competitiveness”, working to ensure that domestic economies attract investment, jobs, and tax revenues. Toward this end, countries have steadily lowered corporate tax rates in an attempt to attract mobile international businesses. This paper discusses the desirability of this policy stance in light of data on the world’s biggest companies. Using Forbes lists of the top “Global 2000” companies over the period 2003–2017, the paper analyzes companies’ headquarters locations, focusing on economic, geographic, and policy determinants. The paper then relates these findings to larger policy questions.

Suggested Citation

  • Kimberly A. Clausing, . "Does tax drive the headquarters locations of the world’s biggest companies?," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    • Handle: RePEc:unc:tncjou:15
    as

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    File URL: https://unctad.org/system/files/official-document/diae2018d4a4.pdf
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    References listed on IDEAS

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    Cited by:

    1. Alex Cobham & Petr Janský & Chris Jones & Yama Temouri, . "An evaluation of the effects of the European Commission's proposals for the Common Consolidated Corporate Tax Base," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.

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