Author: Ruud A. de MooijPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 44
Book Description
Corporate Tax Policy and Incorporation in the EU
Author: Ruud A. de MooijPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 44
Book Description
Corporate Tax Policy, Entrepreneurship and Incorporation in the EU
Author: Ruud A. de MooijPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 128
Book Description
Recoge: 1. Introduction - 2. The corporate tax rate-revenue paradox - 3. Corporate taxation and income shifting - 4. Data - 5. Empirical analysis - 6. Conclusions.
Corporate Tax Policy, Entrepreneurship and Incorporation in the EU
Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 52
Book Description
In Europe, declining corporate tax rates have come along with rising tax-to-GDP ratios. This paper explores to what extent income shifting from the personal to the corporate tax base can explain these diverging developments. A panel of European data on firm births and legal form of business was used to analyze income shifting via increased entrepreneurship and incorporation. The results suggest that lower corporate taxes exert an ambiguous effect on entrepreneurship. The effect on incorporation is significant and large. It implies that the revenue effects of lower corporate tax rates - possibly induced by tax competition -- partly show up in lower personal tax revenues rather than lower corporate tax revenues. Simulations suggest that between 10% and 17% of corporate tax revenue can be attributed to income shifting. Income shifting is found to have raised the corporate tax-to-GDP ratio by some 0.2%-points since the early 1990s.
European Union Corporate Tax Law
Author: Christiana HJI PanayiPublisher: Cambridge University Press
ISBN: 1107354986
Category : Law
Languages : en
Pages : 413
Book Description
How does EU law affect Member State corporate tax systems and the cross-border activities of companies? This unique study traces the historical development of EU corporate tax law and provides an in-depth analysis of a number of issues affecting companies, groups of companies and permanent establishments. Existing legislation, soft-law and the case-law of the Court of Justice are examined. The proposed CCCTB Directive and its potential application through enhanced co-operation are also considered. In addition to the tax issues pertaining to direct investment, the author examines the taxation of passive investment income, corporate reorganisations, exit taxes and the restrictive effect of domestic anti-abuse regimes. By doing so, the convergences and divergences arising from the interplay of EU corporate tax law and international tax law, especially the OECD model, are uncovered and highlighted.
The Politics of Corporate Taxation in the European Union
Author: Claudio RadaelliPublisher: Routledge
ISBN: 1135106312
Category : Business & Economics
Languages : en
Pages : 270
Book Description
This study explores the formation of the European Union's tax policy and asks why member states did not raise objections to it. The author's analysis is enriched by two further levels of inquiry. Firstly, he examines the 'Europeanization' of domestic tax policy in Italy and the UK, asking how domestic policy has changed and what is meant by 'Europeanization'. Secondly, he puts the European Union tax policy in the wider context of tax globalization. Will the liberalization of capital movement, tax havens and the flexibility of multinationals in managing their taxable incomes wreck the European Union's fragile tax policies?
EU Corporate Tax Reform
Author: Claudio Maria RadaelliPublisher: CEPS
ISBN: 9789290793540
Category : Corporations
Languages : en
Pages : 76
Book Description
Corporate Tax Policy, Entrepreneurship and Incorporation in the EU
Author: Corporate Tax Policy, Entrepreneurship and Incorporation in the EU
Author: Ruud A. de MooijPublisher:
ISBN:
Category :
Languages : en
Pages : 51
Book Description
In Europe, declining corporate tax rates have come along with rising tax-to-GDP ratios. This paper explores to what extent income shifting from the personal to the corporate tax base can explain these diverging developments. We exploit a panel of European data on firm births and legal form of business to analyze income shifting via increased entrepreneurship and incorporation. The results suggest that lower corporate taxes exert an ambiguous effect on entrepreneurship. The effect on incorporation is significant and large. It implies that the revenue effects of lower corporate tax rates - possibly induced by tax competition -- partly show up in lower personal tax revenues rather than lower corporate tax revenues. Simulations suggest that between 10% and 17% of corporate tax revenue can be attributed to income shifting. Income shifting is found to have raised the corporate tax-to-GDP ratio by some 0.2%-points since the early 1990s.
The European Union's Corporate Income Tax Policy
Author: Pernille StordrangePublisher: GRIN Verlag
ISBN: 3656200106
Category : Political Science
Languages : en
Pages : 29
Book Description
Seminar paper from the year 2012 in the subject Politics - International Politics - Topic: European Union, grade: A, BI Norwegian Business School (Public governance), course: EU Policy Process, language: English, abstract: In this paper I chronologically go through the policy process towards a harmonised corporate income tax in the EU member states. By using Jenkins-Smith and Sabatier's advocacy coalition framework (ACF) I evaluate how events internal and external to the EU, as well as policy-oriented learning have brought the process forward and caused policy change. I also explain how the lack of favourable conditions has caused stalemate and lack of progress. I find that changing socio-economic conditions have facilitated and hampered the policy process and that macroeconomic conditions have affected member states willingness to implement coordinating measures. Other determinants of change are internal developments in the EU such as enlargements, ECJ jurisprudence or change in political leadership. Over the time period under study, the European Commission, as the agenda-setter in the EU has learned from previous failures and new scientific information and altered its strategy along the way. Member states have also over time changed their view on the EU in general and corporate income tax harmonisation in particular. The outcome of the EC's efforts over the years has been varying, and the policy process has proceeded in fits and starts. So far, the EC has achieved some degree of coordination, but not harmonisation of corporate income tax systems. What the future brings depends on the variables discussed throughout the paper.
Taxing Multinationals in Europe
Author: Ernesto CrivelliPublisher: International Monetary Fund
ISBN: 1513570765
Category : Business & Economics
Languages : en
Pages : 61
Book Description
This paper aims to contribute to the European policy debate on corporate income tax reform in three ways. First, it takes a step back to review the performance of the CIT in Europe over the past several decades and the important role played by MNEs in European economies. Second, it analyses corporate tax spillovers in Europe with a focus on the channels and magnitudes of both profit shifting and CIT competition. Third, the paper examines the progress made in European CIT coordination and discusses reforms to strengthen the harmonization of corporate tax policies, in order to effectively reduce both tax competition and profit shifting.