Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247380 
Year of Publication: 
2021
Series/Report no.: 
IES Working Paper No. 13/2021
Publisher: 
Charles University in Prague, Institute of Economic Studies (IES), Prague
Abstract: 
This paper evaluates the Common Consolidated Corporate Tax Base (CCCTB) recently proposed by the European Commission. We find that if the CCCTB is introduced as it is currently proposed (including loss consolidation), then it is likely to impose large tax revenue costs of about one fifth of the corporate tax base. Second, we show that an application of the CCCTB proposals at only the European Union (EU) level would overlook the extent of profit shifting out of the EU and could lock in further unnecessary revenue losses. Third, major EU profit-shifting countries such as Luxembourg, Ireland and the Netherlands may experience significant revenue losses.
Subjects: 
Common Consolidated Corporate Tax Base
CCCTB
corporate taxation
profit shifting
European Union
multinational enterprises
JEL: 
F23
H25
H32
Document Type: 
Working Paper

Files in This Item:
File
Size
755.46 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.