id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ftr-372	Avi-Yonah, Reuven S.; Clausing, Kimberly A.; Durst, Michael C.	Allocating Business Profits for Tax Purposes: A Proposal to Adopt a Formulary Profit Split	2022	57	.pdf	application/pdf	21980	755	42	Still, a recent attempt to replicate the results of Shackelford and Slemrod using more recent data found a smaller revenue effect; this surprising finding may be due to increased discrepancies between book and tax income in recent years; see Appendix A for more details. Alternatively, it may be possible to let each MNE use its home country’s accounting methods for calculating the global tax base (as suggested by the EU Commission for inter-EU purposes).37 Such changes would also have the advantage of more closely aligning book income and tax income.	cache/ftr-372.pdf	txt/ftr-372.txt