The answer is yes. On page 12 of [1], line 7 from the top, it reads
$$ L(M (n), s) = L(M, s + n). $$
The article deals with compatible systems of cohomological realisations (one way to think and work with motives). Every variety gives rise to such a system, and every such system gives you an $L$-function.
Actually, if you carefully trace the definitions, this identity rolls out fairly easy. For a good overview of the definitions, see [2].
[1]: Minhyong Kim. “An introduction to motives I: classical motives and motivic $L$-functions” (available at http://ucl.ac.uk/~ucahmki/ihes3.pdf ).
[2]: Serre, Jean-Pierre. “Facteurs locaux des fonctions zêta des variétés algébriques (définitions et conjectures).” (available at http://archive.numdam.org/article/SDPP_1969-1970__11_2_A4_0.pdf)