Common Corporate Tax Base in the EU : Impact on the Size of Tax Bases and Effective Tax Burdens

Online-Ressource (XVI, 175p. 23 illus, digital)

ZEW Economic Studies ; 43

Description based upon print version of record

Common Corporate Tax Base in the EU; Preface; Table of Contents; Executive Summary; Introduction; Purpose and Structure of the Report; Results for the Benchmark Case Scenarios; Sensitivity Analyses; Sector Specific Analyses; EU-15 and EU-12 Companies; Impact of Recent Tax Reforms in Certain Member States; Conclusions; 1 Introduction; 2 Methodology; 2.1 The European Tax Analyzer Model; 2.2 Computation of the Effective Average Tax Burden; 2.3 Tax Parameters Incorporated into the Model; 2.4 Measurement of the Impact of Elements of a CCTB on the Size of the Tax Base; 2.5 Model Firms and Data Base

2.5.1 Structure of the Model Firms and Economic Assumptions2.5.2 Data Base and Applied Aggregation Methods; 2.5.2.1 Financial Data Derived from the AMADEUS Database; 2.5.2.2 Organisation of Data; 2.5.2.3 Determination of the Model Firms; Average Model Firms for EU-27; EU-12, EU-15 and Industry-Specific Model Firms; 2.5.2.4 Additional Ratios and Figures; 3 Future Value of the Tax Base and Effective Company Tax Burden; 3.1 Scenario of a Common Corporate Tax Base; 3.2 Analysis of EU-Average Large Corporations; 3.2.1 Benchmark Case Representing a Large Corporation

3.2.1.1 Tax Bases and Tax Burdens Based on Domestic Accounting3.2.1.2 Tax Bases and Tax Burdens under a CCTB; 3.2.2 Sensitivity Analysis on Economic Model Assumptions; 3.2.2.1 Capital Intensity; 3.2.2.2 Profitability; 3.2.2.3 Labour Intensity; 3.2.2.4 Inventory Intensity; 3.2.3 Sensitivity Analysis on Specific Sectors; 3.2.4 Consideration of EU-15/EU-12 Average Large Corporation; 3.2.4.1 EU-15 Average Large Corporation; 3.2.4.2 EU-12 Average Large Corporation; 3.3 Analysis of EU-Average Small and Medium-Sized Corporations; 3.3.1 Benchmark Case Representing a Small and Medium-Sized Corporation

3.3.1.1 Tax Bases and Tax Burdens Based on Domestic Accounting3.3.1.2 Tax Base and Tax Burden in Case of a CCTB; 3.3.2 Sensitivity Analysis on Economic Model Assumptions; 3.3.2.1 Capital Intensity; 3.3.2.2 Profitability; 3.3.2.3 Labour Intensity; 3.3.2.4 Inventory Intensity; 3.3.3 Sensitivity Analysis on Specific Sectors; 3.3.4 Consideration of EU-15/EU-12 Average SMEs; 3.3.4.1 EU-15 Average SME; 3.3.4.2 EU-12 Average SME; 3.3.5 Relationship Between Key Accounting Ratios and Overall Tax Base Effect; 3.4 Consideration of Recent National Tax Reforms; 3.5 Summary of Conclusions; Appendix

Appendix 1: Estimation of Missing VariablesAppendix 2: Formulae for the Determination of the EU-Average Income Statements; Appendix 3: Formulae for the Determination of the EU-Average Balance Sheets; Appendix 4: EU-27, EU-12, EU-15 and Industry-Specific Average Model Companies, Large and SME; Appendix 4.1: EU-27 Average Model Company, Large and SME; Appendix 4.2: EU-12 Average Model Company, Large and SME; Appendix 4.3: EU-15 average model company, Large and SME; Appendix 5: Information on Shares; Appendix 6: Present Value of the Tax Base at the Beginning of Period 1

Appendix 7: Supplementary Analysis on the Impact of Common Depreciation Provisions

10.1007/978-3-7908-2756-9 [DOI]

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