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

More documents

Recommendations

Info

Table C.36: CCCTB-WG25 for multinationals, location choice includes USA and JPN & tax haven; formula apportionment on payroll (1/3), capital (1/3) and output (1/3) CIT_rate CoC Capital Wage Employm. GDP Rev_CIT Welfare (a) (a) (r) (r) (r) (r) (y) (y) AUT 5.36 0.10 -0.52 -0.18 0.04 -0.51 -0.05 -0.14 BEL -23.89 0.94 -2.95 2.30 -0.24 2.06 0.06 1.52 DNK -1.86 0.36 -1.65 -0.12 -0.08 -0.71 0.04 0.01 FIN 3.02 0.27 -1.23 -0.23 -0.02 -0.50 0.01 -0.11 FRA -0.95 0.23 -1.26 -0.09 -0.05 -0.10 0.07 -0.01 DEU -1.05 0.08 -0.37 0.22 0.03 0.31 0.04 0.11 GRC 0.52 0.16 -0.61 -0.11 0.00 -0.25 0.02 -0.06 IRL 8.06 0.29 -1.79 -1.43 -0.16 -3.14 -0.14 -0.68 ITA -2.21 0.17 -0.68 0.07 0.00 0.08 0.05 0.04 LUX 15.37 0.05 0.58 0.63 2.10 0.78 -2.08 -1.58 NLD 9.75 0.25 -1.79 -1.22 0.06 -1.60 -0.22 -0.76 PRT -2.92 0.22 -0.95 0.20 -0.04 -0.50 0.02 0.19 ESP 6.64 0.12 -0.40 -0.16 0.10 -0.06 -0.07 -0.19 SWE -1.42 0.23 -1.15 0.10 -0.04 -0.30 0.04 0.10 GBR -1.87 0.18 -0.77 0.30 -0.05 0.02 0.07 0.26 CYP 2.65 0.35 -1.40 -0.23 -0.18 -1.35 0.00 0.04 CZE 5.47 0.18 -0.84 -0.20 0.03 -0.55 -0.02 -0.13 EST -10.87 0.29 -1.76 -0.42 -0.06 -0.89 0.05 -0.16 HUN 4.86 0.08 -0.72 -0.21 -0.01 -0.93 -0.04 -0.11 LVA -1.42 0.15 -0.70 -0.19 -0.05 -0.45 0.03 -0.06 LTU -3.27 0.20 -0.87 -0.22 -0.05 -0.44 0.05 -0.08 MLT 0.52 0.08 1.16 0.73 0.19 0.75 -0.16 0.27 POL 5.19 0.07 -0.43 -0.04 0.02 -0.44 -0.04 -0.04 SVK 1.08 0.16 -1.13 -0.26 -0.06 -0.77 0.03 -0.09 SVN 0.38 0.09 -0.40 -0.03 -0.01 -0.30 0.00 -0.01 BGR 1.10 0.06 -0.68 -0.16 -0.06 -0.61 0.01 -0.04 ROM -0.76 0.12 -0.60 -0.13 -0.03 -0.48 0.01 -0.05 EU 0.65 0.17 -0.79 0.03 0.00 -0.14 0.01 0.03 140
Table C.37: CCCTB-WG25 for multinationals, location choice includes USA and JPN & tax haven; formula apportionment on payroll (1/2) and capital (1/2) CIT_rate CoC Capital Wage Employm. GDP Rev_CIT Welfare (a) (a) (r) (r) (r) (r) (y) (y) AUT 5.13 0.10 -0.50 -0.16 0.03 -0.50 -0.04 -0.13 BEL -24.09 0.93 -2.35 2.44 -0.28 2.19 0.06 1.63 DNK -1.91 0.35 -1.55 -0.11 -0.09 -0.69 0.05 0.03 FIN 2.97 0.27 -1.22 -0.22 -0.03 -0.50 0.01 -0.10 FRA -0.66 0.23 -1.31 -0.12 -0.04 -0.12 0.06 -0.04 DEU -1.42 0.07 -0.39 0.25 0.03 0.31 0.04 0.13 GRC 0.44 0.15 -0.60 -0.10 0.00 -0.24 0.02 -0.06 IRL 7.54 0.28 -1.66 -1.34 -0.18 -3.06 -0.12 -0.61 ITA -2.43 0.17 -0.69 0.08 0.00 0.08 0.05 0.05 LUX 15.37 0.03 0.73 1.01 2.45 1.12 -2.61 -1.65 NLD 9.22 0.25 -1.83 -1.17 0.05 -1.59 -0.21 -0.72 PRT -2.53 0.22 -0.81 0.16 -0.04 -0.48 0.02 0.17 ESP 6.69 0.12 -0.50 -0.17 0.10 -0.09 -0.07 -0.20 SWE -1.47 0.23 -1.07 0.11 -0.05 -0.28 0.04 0.11 GBR -1.46 0.19 -0.72 0.25 -0.04 -0.01 0.06 0.22 CYP 2.82 0.35 -1.28 -0.25 -0.18 -1.33 0.00 0.03 CZE 5.53 0.18 -0.84 -0.21 0.03 -0.55 -0.02 -0.13 EST -11.17 0.28 -1.52 -0.33 -0.06 -0.81 0.05 -0.12 HUN 5.02 0.09 -0.69 -0.22 -0.01 -0.92 -0.03 -0.12 LVA -1.44 0.15 -0.68 -0.18 -0.05 -0.44 0.03 -0.06 LTU -3.27 0.20 -0.84 -0.22 -0.05 -0.43 0.05 -0.08 MLT 0.60 0.08 1.05 0.72 0.19 0.74 -0.16 0.27 POL 5.29 0.07 -0.42 -0.05 0.02 -0.44 -0.03 -0.04 SVK 1.03 0.16 -1.07 -0.25 -0.06 -0.75 0.03 -0.08 SVN 0.51 0.09 -0.39 -0.04 -0.01 -0.29 0.00 -0.01 BGR 1.12 0.06 -0.64 -0.16 -0.06 -0.60 0.01 -0.04 ROM -0.66 0.12 -0.57 -0.14 -0.04 -0.48 0.01 -0.05 EU 0.62 0.17 -0.78 0.03 0.00 -0.14 0.01 0.04 141
Page 1 and 2:
The economic effects of EU-reforms
Page 3 and 4:
Contents 1 Introduction 5 2 The COR
Page 5 and 6:
1 Introduction This report analyses
Page 7 and 8:
Household optimization yields expre
Page 9 and 10:
In today’s corporate tax regimes
Page 11 and 12:
Yet, not all forms of profit shifti
Page 13 and 14:
companies which report total assets
Page 15 and 16:
2.2.2.1 Corporate tax rates Figure
Page 17 and 18:
Table 2.3 Summary information about
Page 19 and 20:
2.2 shows the average debt share pe
Page 21 and 22:
Figure 2.4 Corporate tax revenue in
Page 23 and 24:
countries (each point representing
Page 25 and 26:
Figure 2.7 Reduced-form elasticitie
Page 27 and 28:
Figure 2.9 Reduced-form elasticity
Page 29 and 30:
2.3 Interpretation of results CORTA
Page 31 and 32:
structured discussion about both th
Page 33 and 34:
There is a variety of combinations
Page 35 and 36:
Table 3.2 shows the economic effect
Page 37 and 38:
of the fixed factor is smaller. Acc
Page 39 and 40:
Table 3.4 Economic effects for the
Page 41 and 42:
Table 3.5 Economic effects for the
Page 43 and 44:
shows the impact of the CCTB-WG20 r
Page 45 and 46:
4.1.2 A scenario without profit shi
Page 47 and 48:
shifting within the EU (see section
Page 49 and 50:
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 87 and 88:
Table B.12: CCTB-WG25 for all firms
Page 89 and 90: Table B.14: 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 99 and 100: Table B.24: CCTB-WG25 for all firms
Page 103 and 104: Table B.28: CCTB-EUav for multinati
Page 105 and 106: Table C.1: CCCTB-WG20 for all firms
Page 107 and 108: Table C.3: CCCTB-EUav for all firms
Page 109 and 110: Table C.5: CCCTB-WG25 for multinati
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 135 and 136: Table C.31: CCCTB-WG20 for multinat
Page 137 and 138: Table C.33: CCCTB-EUav for multinat
Page 139: Table C.35: CCCTB-WG25 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
show all

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

Create successful ePaper yourself

Delete template?

Save as template?