Journal article icon

Journal article

The effects of EU formula apportionment on corporate tax revenues

Abstract:

The European Commission proposes to replace the current system of taxing corporate income using separate accounting by a two-step 'consolidation and apportionment' procedure. This paper uses a large set of unconsolidated firm-level data to assess the likely impact on corporate tax revenues in each member state. Taking pre-tax profit as given, overall tax revenues would be likely to drop by 2.5 per cent if companies could choose whether to participate. By contrast, if they were forced to parti...

Expand abstract

Actions


Publication date:
2008-01-01
UUID:
uuid:e8efb3b1-fc2a-4f9c-9614-36c952ddfdd7
Local pid:
oai:eureka.sbs.ox.ac.uk:340
Deposit date:
2011-05-19

Terms of use


Views and Downloads






If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP