The reform proposal of the European Commission for a Common Consolidated Corporate Tax Base, the so-called CCCTB, is … expected to significantly reduce the cost of doing business by lowering tax compliance costs for cross border operations within … the European Union. However, to date the scarcity of comparable estimates on tax compliance costs has limited the …

lowering their corporate tax rates. EU countries have been particularly active in this respect given that capital can move …. Multinationals are therefore in a good position to exploit the tax loopholes associated with the complexity and multiplicity of tax … regimes in the EU. As a result tax revenues and tax levels might be distorted and a closer coordination of tax rate setting …

corporate tax losses for the EU amounts to €36 billion annually or 7.7% of total corporate tax revenues. The USA and Japan also … appear to loose tax revenues respectively of €101 and €24 billion per year or 10.7% of corporate tax revenues in both cases … shifting would slightly reduce investment and GDP. It would however raise corporate tax revenues thanks to enhanced domestic …

Base erosion and profit shifting (BEPS) undermines tax revenues collection and raises public discontent in times when … the tax burden has increased significantly for households in most developed economies. In addition, new forms of profit …

equilibrium (CGE) model covering all EU member states, the US, Japan and a tax haven. The CORTAX model was originally built by the …- and post-crisis data. CORTAX models many key features of the corporate tax regimes including multinational profit shifting …