The EU CCCTB proposal. A critical appraisal.

Publikation: Working/Discussion PaperWU Working Paper

Abstract

With the ambition to reduce compliance costs for multinational enterprises within the European Union, but also in order to reduce the erosion of the tax base through transfer pricing and harmful tax competition among member states, the European Commission has promised to deliver a proposal for a Common Consolidated Corporate Tax Base (CCCTB) by the end of 2008. A vast literature has since emerged on the advantages and disadvantages of a move towards formulary apportionment (CCCTB). Whilst no official proposal has yet been submitted by the European Union, several documents have since been released. It is the novel contribution of this paper to critically evaluate the proposal itself. We argue that the formula is overly complex and should be simplified to source and destination based revenue weights only. (author´s abstract)
OriginalspracheEnglisch
ErscheinungsortVienna
HerausgeberSFB International Tax Coordination, WU Vienna University of Economics and Business
PublikationsstatusVeröffentlicht - 2009

Publikationsreihe

NameDiscussion Papers SFB International Tax Coordination
Nr.31

WU Working Paper Reihe

  • Discussion Papers SFB International Tax Coordination

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