CCCTB 4 EU? SA vs. FA w/ FTA

Arbeitspapier

Since its conception, some within the European Union have expressed concerns over the ability of multinationals to avoid taxation by undertaking transfer pricing to shift profits towards low tax locations. These concerns have been growing, leading to a renewed call for a common consolidated corporate tax base wherein profits are allocated to nations according to a formula rather than firms' internal prices. This paper analyzes the merits of such a shift in taxation. In particular, it is shown that, given tax rates, implementing formula apportionment can result in greater tax revenues and less intense tax competition particularly for lower trade barriers. However, this is not always the case and depends on parameter values, including those describing the extent of economic integration.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: UCD Centre for Economic Research Working Paper Series ; No. WP12/24

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Remittances ; Financial Aspects of Economic Integration ; Business Taxes and Subsidies including sales and value-added (VAT) ; International Fiscal Issues; International Public Goods
• Thema: Common Consolidated Tax Base ; Vertical FDI ; Formula Apportionment

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Davies, Ronald B.
• Ereignis: Veröffentlichung
• (wer): University College Dublin, UCD School of Economics
• (wo): Dublin
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/72251
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ