The Impact of Tax Avoidance Strategies by Multinational Corporations on Developing Countries' Fiscal Health

EasyChair Preprint 14461

Abstract

Tax avoidance strategies employed by multinational corporations (MNCs) have increasingly become a concern for developing countries, where fiscal health is often precarious. These strategies, which include profit shifting, transfer pricing manipulation, and the exploitation of tax havens, allow MNCs to minimize their tax liabilities, thereby reducing the tax revenue available to developing nations. This loss of revenue hampers the ability of these countries to invest in essential public services such as healthcare, education, and infrastructure, exacerbating economic inequality and slowing development.

Keyphrases: 1. **Tax Avoidance**, 10. **Revenue Losses**, 11. **Public Services**, 12. **Economic Inequality**, 13. **Tax Reform**, 14. **International Cooperation**, 15. **Financial Transparency**, 16. **Capacity Building**, 17. **Corporate Tax Rates**, 18. **Tax Administration**, 19. **International Tax Treaties**, 2. **Multinational Corporations (MNCs)**, 20. **Globalization**, 3. **Fiscal Health**, 4. **Developing Countries**, 5. **Transfer Pricing**, 6. **Profit Shifting**, 7. **Tax Havens**, 8. **Base Erosion and Profit Shifting (BEPS)**, 9. **Global Tax Policy**

@booklet{EasyChair:14461,
  author    = {Wayzman Kolawole},
  title     = {The Impact of Tax Avoidance Strategies by Multinational Corporations on Developing Countries' Fiscal Health},
  howpublished = {EasyChair Preprint 14461},
  year      = {EasyChair, 2024}}