Profit-Shifting Activities in the Mining Sector: Evidence from the Czech Republic

  • Daniel Anarfi Mendel University in Brno
  • Danuše Nerudová Mendel University in Brno
Keywords: Profit Shifting, Multinationals, Czech Republic


This paper uses data from AMADEUS provided by the Bureau van Dijk in a single industry (the mining sector) and in one country (the Czech Republic) for the 10-year period 2005–2014 to seek evidence of profit-shifting activities. The data used comprises of all multinational companies operating in the industry and we defined a multinational company as having a shareholding of (50+1%) of the total shares of the entire company. We applied the method identified by earlier authors in our panel regression analysis and the result provided no evidence of profit shifting in our random effect model estimations. Our studies did not confirm the previous empirical literature findings. The results seem to suggest that using a small sample of data to find evidence of profit shifting is difficult and it rather requires a large sample of national data, across an industry or country.

Author Biographies

Daniel Anarfi, Mendel University in Brno

Department of Accounting and Taxation, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic, e-mail:

Danuše Nerudová, Mendel University in Brno
Department of Accounting and Taxation, Faculty of Business and Economics, Mendel University in Brno, Zemědělská 1, 613 00 Brno, Czech Republic


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