This paper evaluates the Common Consolidated Corporate Tax Base (CCCTB) recently proposed by the European Commission …. We find that if the CCCTB is introduced as it is currently proposed (including loss consolidation), then it is likely to … impose large tax revenue costs of about one fifth of the corporate tax base. Second, we show that an application of the CCCTB …

increasingly used to stimulate investment in R&D. A recent proposal for a Common Consolidated Corporate Tax Base (CCCTB) across the … of simple extrapolations from elasticities found in literature. We find that the CCCTB without an R&D incentive would …