The economic effects of EU-reforms in corporate income tax systems

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Appendix C Country tables CCCTB Tables C.1 – C.28 show the effects of CCCTB reforms under the same alternative definitions of the common base. They are presented in the same order as the CCTB reforms (the B-tables). In addition, we show: • Table C.21: CCTB-WG20 with no profit shifting • Table C.22 – C.23: detailed tables behind Table 4.2; CCCTB-WG20 without loss-consolidation (C.22) and without reallocation (C.23) • Tables C.24 - C.27: CCCTB-WG20 with alternative apportionment formula’s. • Tables C.28 - C.33: CCCTB-WG20, CCCTB-WG25 and CCCTB-EUav with tax haven and global discrete location choice • Tables C.34 - C.37: CCCTB-WG25 with alternative apportionment formula’s. 104
Table C.1: CCCTB-WG20 for all firms CIT_rate CoC Capital Wage Employm. GDP Rev_CIT Welfare (a) (a) (r) (r) (r) (r) (y) (y) AUT 1.08 0.03 -0.93 -0.15 -0.01 -0.42 0.00 -0.08 BEL -22.88 0.94 -6.37 -0.33 -0.29 -1.09 0.20 0.03 DNK -3.59 0.32 -2.44 -0.33 -0.05 -0.86 0.11 -0.15 FIN -0.70 0.19 -1.66 -0.35 0.00 -0.59 0.04 -0.20 FRA -2.72 0.19 -2.97 -0.71 -0.11 -0.66 0.18 -0.35 DEU -2.17 0.05 -1.83 -0.45 -0.13 -0.40 0.12 -0.17 GRC -1.98 0.10 -1.63 -0.52 -0.08 -0.67 0.10 -0.24 IRL 2.94 0.26 -2.46 -0.26 0.15 -1.55 0.03 -0.30 ITA -3.94 0.17 -2.37 -0.57 -0.15 -0.63 0.18 -0.22 LUX 15.37 -0.11 0.12 0.86 1.42 -0.13 -3.46 -0.74 NLD 3.53 0.21 -2.99 -1.11 -0.18 -1.45 0.01 -0.49 PRT -5.02 0.21 -1.76 0.42 -0.13 -0.46 0.17 0.45 ESP 1.37 0.01 -0.70 -0.16 0.08 -0.07 -0.04 -0.18 SWE -2.85 0.19 -2.12 -0.18 -0.11 -0.53 0.11 0.00 GBR -2.83 0.20 -1.89 -0.02 -0.12 -0.28 0.14 0.14 CYP 0.46 0.27 -1.06 0.31 0.05 -0.70 0.01 0.15 CZE 0.27 0.03 -0.29 0.27 0.10 -0.19 -0.05 0.05 EST -11.64 0.27 -3.55 -0.66 -0.04 -1.79 0.26 -0.31 HUN 0.81 0.01 -0.07 0.60 0.08 -0.38 0.00 0.28 LVA -3.04 0.12 -1.50 -0.27 -0.05 -0.68 0.13 -0.12 LTU -4.58 0.18 -2.12 -0.50 -0.09 -0.87 0.18 -0.21 MLT -0.97 -0.04 0.34 0.34 0.06 0.36 -0.12 0.17 POL 1.02 -0.02 0.31 0.48 0.10 -0.04 -0.04 0.21 SVK -1.71 0.10 -0.62 0.07 0.07 -0.67 0.04 -0.02 SVN -1.56 0.08 -0.63 -0.01 -0.02 -0.29 0.05 0.02 BGR -0.73 0.02 -0.03 0.72 0.09 -0.69 0.12 0.37 ROM -3.03 0.10 -1.33 0.21 -0.05 -0.65 0.19 0.17 EU -1.82 0.13 -1.76 -0.24 -0.07 -0.48 0.10 -0.12 105
Page 1 and 2:
The economic effects of EU-reforms
Page 3 and 4:
Contents 1 Introduction 5 2 The COR
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1 Introduction This report analyses
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Household optimization yields expre
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In today’s corporate tax regimes
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Yet, not all forms of profit shifti
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companies which report total assets
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2.2.2.1 Corporate tax rates Figure
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Table 2.3 Summary information about
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2.2 shows the average debt share pe
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Figure 2.4 Corporate tax revenue in
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countries (each point representing
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Figure 2.7 Reduced-form elasticitie
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Figure 2.9 Reduced-form elasticity
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2.3 Interpretation of results CORTA
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structured discussion about both th
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There is a variety of combinations
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Table 3.2 shows the economic effect
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of the fixed factor is smaller. Acc
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Table 3.4 Economic effects for the
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Table 3.5 Economic effects for the
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shows the impact of the CCTB-WG20 r
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4.1.2 A scenario without profit shi
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shifting within the EU (see section
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eturns are taxed immediately and al
Page 51 and 52:
other hand, loss consolidation caus
Page 53 and 54: Figure 4.2 Welfare effects of selec
Page 55 and 56: asic version of CORTAX. Note, howev
Page 57 and 58: 5 European corporate income tax Thi
Page 59 and 60: 6 Conclusions We have analysed the
Page 61 and 62: Devereux, M.P. and S. Loretz, 2008a
Page 63 and 64: Appendix A Modelling firm behaviour
Page 65 and 66: c b ∂cb + dbt = r − rb + τRb (
Page 67 and 68: capital requires that the marginal
Page 69 and 70: − b Π t −1 = Yt −1 − wLt
Page 71 and 72: Substituting into the dividend equa
Page 73 and 74: Appendix A2 Country tables baseline
Page 75 and 76: Appendix B Country tables CCTB The
Page 77 and 78: Table B.2: CCTB-WG25 for all firms
Page 79 and 80: Table B.4: CCTB-WG20 for multinatio
Page 81 and 82: Table B.6: CCTB-EUav for multinatio
Page 83 and 84: Table B.8: CCTB-WG20 for multinatio
Page 85 and 86: Table B.10: CCTB-WG20 for multinati
Page 91 and 92: Table B.16: CCTB-EUav for multinati
Page 95 and 96: Table B.20: CCTB-WG20, multinationa
Page 103: Table B.28: CCTB-EUav for multinati
Page 107 and 108: Table C.3: CCCTB-EUav for all firms
Page 109 and 110: Table C.5: CCCTB-WG25 for multinati
Page 111 and 112: Table C.7: CCCTB-WG20 for all firms
Page 113 and 114: Table C.9: CCCTB-WG20 for all firms
Page 115 and 116: Table C.11: CCCTB-WG20 for all firm
Page 117 and 118: Table C.13: CCCTB-EUav for all firm
Page 119 and 120: Table C.15: CCCTB-WG25 for multinat
Page 125 and 126: Table C.21: Decomposition CCCTB-WG2
Page 127 and 128: Table C.23: Decomposition CCCTB-WG2
Page 137 and 138: Table C.33: CCCTB-EUav for multinat
Page 143 and 144: Table D.1: EUCIT-WG20 for all firms
Page 145 and 146: Table D.3: EUCIT-EUav for all firms
Page 147 and 148: Table D.5: EUCIT-WG25 for all firms
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The economic effects of EU-reforms in corporate income tax systems

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