scholarly journals Possible ways of corporate tax base harmonization in the European Union

2008 ◽  
Vol 56 (3) ◽  
pp. 139-146 ◽  
Author(s):  
Danuše Nerudová
Keyword(s):  
European Union ◽  
Pilot Project ◽  
The European Union ◽  
Corporate Tax ◽  
Tax Base ◽  
Compliance Costs ◽  
Home State ◽  
State Taxation ◽  
Taxation System

The possible ways of corporate tax base harmonization in the European Union are presented in the paper. Present situation when there are 27 different taxation systems used in the EU increases compliance costs of taxation to the companies and therefore decreases their competitiveness. It was proved, that there is negative correlation between the size of the company and the size of the compliance costs of taxation. Based on that, the European Commission has decided for twin-track strategy – to introduce home state taxation in the short term and common consolidated corporate tax base in the long term. In respect to the fact, that the pilot project in the frame of home state taxation system has not started yet, the attention has been turned to the common consolidated corporate tax base. The paper discusses the possible attitudes and methods of consolidated tax base allocation. Based on mentioned arguments the formulary apportionment with factors which generate the taxable income of the group (assets, payroll, turnover, etc.) seems to be the best solution. Factors and their weight should become the subject of further discussion in the European Union. The aim of the paper is to present the possible harmonization models and further to discuss the methods which could be used for allocation of the consolidated tax base under CCCTB.

scholarly journals Consolidation under CCCTB system

2008 ◽  
Vol 56 (6) ◽  
pp. 181-188
Author(s):  
Danuše Nerudová
Keyword(s):  
European Commission ◽  
Pilot Project ◽  
Corporate Tax ◽  
Tax Base ◽  
Member States ◽  
Corporate Income Taxation ◽  
Eu Member States ◽  
State Taxation ◽  
Taxation System ◽  
The Eu

In 2007, when the pilot project of Home State Taxation System should started, but none of the EU Member States applied for, the European Commission has turned its attention to different project in the area of corporate income taxation. The paper presents the problems of consolidation under the system of Common Consolidated Corporate Tax Base, which is at present the aim of the European Commission in the area of corporate tax harmonization. Firstly, the paper presents the results of comparative analysis, which have been done throughout the EU Member States. The research was aimed at the area of group taxation schemes availability. Secondly, the paper presents the draft of CCCTB directive in the field of creation of the group for taxation purposes, the rules for access and exit from the group and the rules for calculation of thresholds for voting rights. The different possibilities of group creation are presented on the schemes. The paper also discuss the rules, suggested by the draft directive, which could create legal uncertainty for the companies and could cause the situation in which the companies would not know whether they can consolidate their accounting results or not, or whether they are the member of the group or not. The paper suggests the possible solutions in that area. At the end, there are also mentioned and discussed the methods, which could be used for consolidation under CCCTB system in the EU.

scholarly journals The voting of EU members for common consolidated corporate tax base and the tax benefits

2020 ◽  
Vol 7 (54) ◽  
pp. 56-71
Author(s):  
Wojciech Dąbroś ◽  
Janusz Kudła
Keyword(s):  
European Union ◽  
Personal Characteristics ◽  
European Parliament ◽  
Voting Behaviour ◽  
The European Union ◽  
Corporate Tax ◽  
Tax Base ◽  
Factors Affecting ◽  
Tax Benefits ◽  
The Impact

AbstractThis paper examines the relationship between the voting behaviour of European Parliament members on the Common Consolidated Corporate Tax Base (CCCTB) proposal and economic characteristics of their respective countries. We are concerned about the political and economy factors behind policy and decision making of CCCTB in European Parliament. The analysis is conducted with Logit model identifying factors affecting the voting consultation decision of the Parliament of the European Union in 2018. Particularly, we investigate the impact of four components taken from tax benefit index proposed by W. Orłowski. We have found that economic factors alone are responsible the voting behaviour of the European Union deputies, not their personal characteristics.

scholarly journals Are IFRS Standards a Good Starting Point for a Corporate Tax Base? Tax Principles for a CCCTB

2019 ◽  
Vol 20 (3) ◽  
pp. 113-137
Author(s):  
Antonio Lopo Martinez
Keyword(s):  
European Union ◽  
European Countries ◽  
The European Union ◽  
Corporate Tax ◽  
Tax Base ◽  
Starting Point ◽  
Good Starting Point ◽  
The Common ◽  
The Creation ◽  
Tax Accounting

This article discusses whether IAS/IFRS should be used as a starting point in the context of the Common Corporate Tax Base in the European Union. Non-European countries may also have an interest in the analysis on the use of IFRS to compute the corporate tax base, as well. After a background discussion on the application of IAS/IFRS as the start point for a tax base, some principles of tax bases are analyzed. Additionally, the disadvantages and advantages of using IAS/IFRS as the start point are presented. In the end, the creation of an independent tax accounting framework is recommended, which should have as the primary purpose taxation, and taxpayers and governments as the users of the information. In this new arena, the IAS/IFRS should be a valuable toolbox of concepts that can be adjusted for a tax perspective.

scholarly journals The European Union’s Budget: Focus on Own Resources Post-2020

2019 ◽  
pp. 87-96
Author(s):  
Romana Buzková
Keyword(s):  
European Union ◽  
Emissions Trading ◽  
The European Union ◽  
Corporate Tax ◽  
Trading System ◽  
Tax Base ◽  
Plastic Packaging ◽  
Financial Framework ◽  
The Common ◽  
Emissions Trading System

This paper provides an overview of the European Union’s revenue system, focusing on own resources and their possible reform. It further analyses the European Commission’s proposal of the next multiannual financial framework post-2020 and its financing. The next MFF proposal introduces, in addition to the traditional resources, a basket of new own resources (based on the Common Consolidated Corporate Tax Base, the European Union Emissions Trading System and plastic packaging waste that is not recycled).

scholarly journals Corporate Tax in European Union and the Theory of Corporate Finance

2015 ◽  
Vol 15 (2) ◽  
pp. 66-80 ◽  
Author(s):  
Jolanta Iwin-Garzyńska
Keyword(s):  
European Union ◽  
Corporate Finance ◽  
Eu Law ◽  
The European Union ◽  
Corporate Tax ◽  
European Union Law ◽  
Tax Base ◽  
Fiscal Law ◽  
The Competitiveness Of Enterprises ◽  
The Eu

Abstract One of the main objectives to be accomplished by the European Union law is to eliminate barriers to the functioning of domestic market and in particular improve the competitiveness of enterprises. After several years of efforts, the European Commission approved a proposal for the directive on a Common Consolidated Corporate Tax Base which is to remove obstacles to the functioning of internal market and increase tax harmonization. The article is aimed at presenting the essence of CCCTB in the theory of corporate finance and its importance for enterprises, based on the survey of Polish and EU companies. The paper addresses issues relating to tax in corporate finance. Canons of taxation will be discussed and special emphasis will be placed on principles behind formulating fiscal law provisions (including the EU law). Furthermore, the article presents the results of surveys into the importance of taxation cannons for Polish and EU companies.

Library and Museum Collections Digitization Projects in Finland

2009 ◽  
pp. 95-100
Author(s):  
Yulia S. Chechikova
Keyword(s):  
European Union ◽  
Cultural Heritage ◽  
European Countries ◽  
Museum Collections ◽  
The European Union ◽  
Scientific Heritage

Digitization of a national cultural and scientific heritage is one of the long-term strategic problems of the European countries’ governments. Member countries of the European Union make major efforts in providing access to their cultural heritage. In the article the process of an access provision is described for Finland.

Sign in / Sign up

Export Citation Format

Share Document