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Michelle Hanlon, Edward L. Maydew, and Jacob R. Thornock: Taking the Long Way Home: Offshore
Investments in U.S. Equity and Debt Markets and U.S. Tax Evasion; presented at 2010 National Tax Association meeting, EIASM 2011 Workshop on Current Research on Taxation at the University of MĂĽnster, 1
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does not generate profits. Growth is an attractive factor to speculative investors, even if profits are lacking; such investment benefits companies and motivates them to undertake the illusory growth of round-tripping. They played a crucial part in temporarily inflating the
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to another company, while at the same time agreeing to buy back the same or similar assets at about the same price." Swapping assets on a round-trip produces no net
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stock analysts. As a result of abusive round trips, barter between publicly held companies has become discredited among professional investors.
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Aswath Rau and
Pallabi Ghosal: “Entering the Tiger’s Den: Foreign Investment in India through Mauritius or Singapore”;
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Many such companies have used round-tripping to distort the market by establishing false
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accounting principle. The companies appear to be growing and very
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Form of barter where a company sells then buys back an asset
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In international scenarios, round-tripping is a method of
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157:Palma, Stefania; McCrum, Dan (2019-01-30).
40:that involves a company selling "an unused
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133:List of corporate collapses and scandals
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92:to evade taxes and to launder money.
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216:Forbes.com Round Tripping On Energy
238:. You can help Knowledge (XXG) by
234:This finance-related article is a
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171:from the original on 2022-12-11
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65:of energy traders such as
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24:round-trip transactions
200:Singapore Law Gazette
63:market capitalization
128:Forensic accounting
113:Accounting scandals
50:substance over form
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46:economic substance
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144:References
71:CMS Energy
189:Sep.2011.
169:Archived
107:See also
83:Wirecard
58:business
79:Dynegy
38:barter
67:Enron
42:asset
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