Trade Credit and Taxes
---- Acknowledgements -----
The statistical analysis of firm-level data on U.S. multinational companies was conducted at the Bureau of Economic Analysis, U.S. Department of Commerce under arrangements that maintain legal confidentiality requirements. The views expressed are those of the authors and do not reflect official positions of the U.S. Department of Commerce. We thank seminar participants at Columbia Law School, Harvard Law School, Oxford University, the University of Illinois at Urbana-Champaign, the University of Michigan, the UNC Tax Symposium, and ITPF for helpful comments. Foley and Desai thank the Division of Research of the Harvard Business School for financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.