Coverart for item
The Resource Modelling corporate tax reform in the EU : new calibration and simulations with the CORTAX model

Modelling corporate tax reform in the EU : new calibration and simulations with the CORTAX model

Label
Modelling corporate tax reform in the EU : new calibration and simulations with the CORTAX model
Title
Modelling corporate tax reform in the EU : new calibration and simulations with the CORTAX model
Creator
Subject
Language
eng
Summary
This report investigates the economic impact of the European Commission proposal for a common corporate tax base (CCTB) and a common consolidated corporate tax base with formula apportionment (CCCTB) within the EU. Furthermore, on top of the common base, it considers proposals to reduce the debt bias in corporate taxation. To do so, a general equilibrium model (CORTAX) is applied. The model covers all EU Member States, features different firm types and models many key features of corporate tax regimes, including multinational profit shifting, investment decisions, loss compensation and the debt-equity choice of firms. In this research the economic impact of C(C)CTB is assessed and the results of this economic modelling evaluation suggest that a fairer and more efficient tax system can be introduced whilst maintaining, and perhaps improving, GDP and welfare in the EU
Geographic coverage
  • European Union
  • Europe
Index
no index present
Language note
English
Literary form
non fiction
http://bibfra.me/vocab/lite/organizationName
Joint Research Center of the European Commission IPTS
Series statement
Taxation papers: working paper
Series volume
66/2016
http://library.link/vocab/subjectName
  • CCCTB
  • formulary apportionment
  • corporate income tax
Label
Modelling corporate tax reform in the EU : new calibration and simulations with the CORTAX model
Instantiates
Publication
Extent
136 p.
Isbn
9789279629563
Isbn Type
(printed)
Issn
ISSN 1725-3217 (online)
Label
Modelling corporate tax reform in the EU : new calibration and simulations with the CORTAX model
Publication
Extent
136 p.
Isbn
9789279629563
Isbn Type
(printed)
Issn
ISSN 1725-3217 (online)

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
Processing Feedback ...