“…The focus of future studies could also be expanded to consider the role of multinationality (Rego, 2003), as well as ownership forms such as business groups, government, and family ownership (Cordeiro, Galeazzo, Shaw, Veliyath & Nandakumar, 2018;Sahasranamam, Arya & Sud, 2019) as determinants of tax haven usage. The ownership structure of tax evaders appears to matter, as there is evidence that internationally diversified business groups make use of tax differences across countries through intra-company transactions to reduce the overall tax rate (Eden, 2009;Rego, 2003).…”