Gschossmann, Emilia; Heckemeyer, Jost H.; Müller, Jessica - 2024
The European Commission recently implemented the minimum tax directive (Pillar Two) to ensure that corporate profits … equity-financed companies. In countries with a combined profit tax rate below 15%, Pillar Two increases the effective average … tax burden. The simulation of the interaction of both regulations shows that the effect of Pillar Two dominates that of …