Arbeitspapier
The tax attractiveness of EU locations for corporate investments: A stocktaking of past developments and recent reforms
Tax incentives are a key component of governments' investment policy mix as they directly impact companies' tax burden. In this paper, we illustrate the EU's tax attractiveness as investment location over time in terms of effective average tax rates and evaluate potential tax reform options. Our quantitative assessment of recent tax policies suggests that corporate tax rate cuts, notional interest deductions and R&D incentives reduce the effective average tax rate significantly. However, we argue that targeted measures such as accelerated depreciations and R&D incentives are most suitable for creating an attractive tax environment for business investments, especially in the context of the global minimum tax.
- Language
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Englisch
- Bibliographic citation
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Series: ZEW Discussion Papers ; No. 23-066
- Classification
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Wirtschaft
International Investment; Long-term Capital Movements
Multinational Firms; International Business
Business Taxes and Subsidies including sales and value-added (VAT)
Tax Law
- Subject
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Mannheim Tax Index
effective tax rates
Devereux-Griffith methodology
globalminimum tax
tax incentives
investment
location attractiveness
- Event
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Geistige Schöpfung
- (who)
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Gundert, Hannah
Nicolay, Katharina
Steinbrenner, Daniela
Wickel, Sophia
- Event
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Veröffentlichung
- (who)
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ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
- (where)
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Mannheim
- (when)
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2023
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Gundert, Hannah
- Nicolay, Katharina
- Steinbrenner, Daniela
- Wickel, Sophia
- ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
Time of origin
- 2023
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Botulinum toxin therapy: past, present and future developments
Dementia in germany : past trends and future developments
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