-
Journal menu
- General information
- Editorial Board and External Reviewers
- Journal Policies
- Publication Ethics and Malpractice Statement
- Instructions for authors
- Paper reviewing
- Article processing charge
- Feedback from stakeholders
- Journal’s Open Access statement
- Order hard copies of the journal
- 50 most cited papers in the journal
CORPORATE EXPATRIATIONS: LOOSENING THE BONDS OF CONTROL
Download This Article
Jackie Johnson 
, Mark Holub
Abstract
Following criticism of former U.S. corporations for reincorporating offshore, legislation was proposed to remove any financial advantage gained. The move offshore has significant tax implications for the U.S. Treasury, so proposed legislation has tried to either retain some U.S. control over the companies or limit their U.S. government business. Results indicate that individual expatriates show little effect from two years of anti-expatriation proposals and are unlikely to reverse their reincorporation decision. With the Bush administration’s pro-corporate agenda there is little hope for a forceful anti-expatriation stance. Meanwhile the decline in corporate tax revenue continues to be a problem for the U.S. Treasury as they lose control of tax revenue as the budget is squeezed by needs at home and abroad.
Keywords: Corporate Governance, Corporate Control, Expatriation, Corporate Inversions, Expatriation Legislation, Tax Avoidance
How to cite this paper: Johnson, J., & Holub, M. (2007). Corporate expatriations: loosening the bonds of control. Corporate Ownership & Control, 5(1-1), 202-213. https://doi.org/10.22495/cocv5i1c1p4
