<p>Professor Says Profit Shifting Estimates Are Overstated</p>

Professor Says Profit Shifting Estimates Are Overstated

University of Michigan

Estimates of profit shifting by multinational companies “greatly overstate the extent of the problem,” and attempts to reform U.S. international taxation should be done carefully to ensure economic growth following the pandemic, James R. Hines Jr. of the University of Michigan said at a March 25 Senate Finance Committee hearing.

<p>Estimates of profit shifting by multinational companies “greatly overstate the extent of the problem,” and attempts to reform U.S. international taxation should be done carefully to ensure economic growth following the pandemic, James R. Hines Jr. of the University of Michigan said at a March 25 Senate Finance Committee hearing.</p>