Rajni Soni
Research area:
- The Moderating Effect of Foreign Shareholding on the Relationship between the Partial Imputation tax system and Corporate tax avoidance.
- Tax Regimes and Profit Shifting
- National diversity and cultural diversity- an approach to measure firm tax avoidance
Research title: “The Impact of Imputation tax system on the tax avoidance level of firms”.
Research Summary
The thesis combines three chapters on tax avoidance including national and international tax avoidance.
First chapter:
The first chapter examines the relationship between the Partial Imputation tax system and tax avoidance. Additionally, the moderating effect of the foreign shareholding on the relationship between the Partial Imputation tax system and corporate tax avoidance.
Second chapter:
In this chapter, I extend my analysis to a multinational setting and examine the effect of an Imputation tax system on a multinational's profit shifting. Particularly, I focus on subsidiary tax systems individually to explore profit-shifting. In addition, I examine the combined parent and subsidiary tax system with a higher tendency to involve profit-shifting.
Third chapter:
This chapter examines the effect of national and cultural diversity on corporate tax avoidance. The study finds that a higher proportion of foreign directors on the board is associated with higher tax avoidance. Using Hofstede's cultural dimension for cultural diversity proxy, I find that a more diverse board is related to higher tax avoidance.
Conference
British Accounting and Finance Association, 2021.
European Financial Management Association (EFMA), 2023.
Teaching
Graduate Teaching Assistant
- Issues in International Corporate Taxation.
- Principles of Financial Econometrics.
Additional Information
Education
- MRes Accounting and Finance (with Distinction) from the University of Dundee.
- MSC Accounting and Finance from Glasgow Caledonian University.
- MSC Mathematics (India)
Work in progress
- Tax regimes and profit shifting (with Dr. Panagiotis Karavitis, Dr. Pantelis Kazakis, and Theodore Sougiannis) - coming soon
Award
- The paper "Tax regimes and profit shifting" received the best paper award in FMARC, Limassol, 2022
- CV: Available here
- Personal website: Rajni.Soni
Adam Smith Business School- Taxation Study Group (ASBS-TSG)
- A member of ASBS-TSG since December 2022.