Corporate Income Tax Harmonization in the European Union [electronic resource] /
Pîrvu, D.author.
Through the arguments for corporate tax harmonization in the EU and describing the current stage of this process, the legislative rules which are insufficient to solve the many problems implied by the proper functioning of the Single Market, are revealed. The book also exposes the issues involved in the consolidation of the corporate tax base.
Description based upon print version of record.
Cover; Contents; List of Figures; List of Tables; Acknowledgements; Introduction; 1 The Tax Harmonization in the European Union; 1.1 Introduction; 1.2 Conceptual delimitations; 1.3 The legal basis of tax harmonization; 1.4 Reasons for tax harmonization in the EU; 1.5 Conclusion; 2 The Evolution of Tax Harmonization in the European Union; 2.1 Introduction; 2.2 The status of indirect tax harmonization in the EU; 2.3 Initiatives and achievements in the field of direct taxation in the EU; 2.4 Perspectives on the evolution of tax harmonization in the EU; 2.5 Conclusion
3 The Need for European Union Coordination of Corporate Income Taxes: Facts and Statistics3.1 Introduction; 3.2 Corporate income tax in the EU and tax competition; 3.3 Corporate tax arbitrage opportunities; 3.4 Conclusion; 4 Objectives of Corporate Income Tax Coordination in the European Union; 4.1 Introduction; 4.2 The prevention of distortion of competition within the Single Market by fiscal policy that stimulates corporate location decisions; 4.3 Diminishing corporate tax arbitrage opportunities
4.4 The reduction of administrative and compliance costs associated with corporate income taxation4.5 Conclusion; 5 Coordination Systems of Corporate Income Tax in the European Union; 5.1 Introduction; 5.2 European Corporate Income Tax; 5.3 Home State Taxation; 5.4 The Common Consolidated Corporate Tax Base; 5.5 Conclusion; 6 Effects of Corporate Income Tax Harmonization/Coordination in the European Union; 6.1 Introduction; 6.2 Results of studies requested by the Directorate-General for Taxation and Customs Union
6.3 Evaluation of corporate income tax harmonization effects by independent researchers6.4 Economic effects of enhanced cooperation between a group of member states; 6.5 Conclusion; 7 Impact Assessment of the Common Consolidated Corporate Tax Base; 7.1 Introduction; 7.2 Effects of corporate tax base consolidation and distribution; 7.3 Impact assessments published by the European Commission; 7.4 The impact of distribution factors on revenue from corporate income tax in economically less developed member states; 7.5 Conclusion
8 Supporters and Opponents of Corporate Income Tax Coordination in the European Union8.1 Introduction; 8.2 Political reactions regarding the trend towards corporate income tax harmonization; 8.3 Opinions from the European business environment regarding the trend towards corporate income tax harmonization; 8.4 Political views on the CCCTB draft directive; 8.5 Conclusion; Conclusions; Appendices; Notes; References; Index
Through the arguments for corporate tax harmonization in the EU and describing the current stage of this process, the legislative rules which are insufficient to solve the many problems implied by the proper functioning of the Single Market, are revealed. The book also exposes the issues involved in the consolidation of the corporate tax base.
Business enterprises-Finance.
Accounting.
Bookkeeping .
Finance.
Corporations-Finance.
Economic theory.
Business Finance.
Accounting/Auditing.
Financial Accounting.
Finance, general.
Corporate Finance.
Economic Theory/Quantitative Economics/Mathematical Methods.