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1 - 10 van 31 voor profit shifting
Microsoft Word - DP128_demooij _2_.doc
... and other regions. cortax distinguishes two types of profit shifting transfer price manipulation within the group of 29 countries and profit shifting to outside tax havens. first, foreign subsidiaries need ... , the average semi-elasticity of the tax base via profit shifting thus equals comes close to aggregate estimates of profit shifting reported in empirical studies. indeed, de mooij (2005) reviews ...
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Microsoft Word - DP CCCTB voorblad.doc
... initially benefits or loses from profit shifting. in particular, low-tax countries like ireland initially gain and high-tax countries like belgium initially lose. eliminating profit shifting takes away these benefits ... (see figure 2). however, profit shifting is not a zero-sum game in cortax (see also hong and smart, 2007). the reason is that profit shifting allows multinationals to reduce ...
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corporate tax policy and incorporation eu pdf
... profit allocation (revenue gain of around 30 -cents for the netherlands). the channels of investment and financial structure yield much smaller effects. our estimates suggest that profit shifting ...
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capital income taxation europe trends and trade offs pdf
... opportunities for profit shifting, unless formula apportionment is introduced. formula apportionment and harmonisation of statutory tax rates eliminate profit shifting, but hardly improve upon simplicity. a minimum effective tax rate, to some extent, respects the fiscal sovereignty of member states, and reduces the possibilities for tax competition and profit shifting ...
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how mobile capital within european union pdf
... reinvested earnings. this may confound the observed relation between fdi and effective tax rates since profit shifting is driven by statutory rather than effective tax rate differentials. however, high statutory tax rates ...
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W:\nl\pub\...\memo19.wp [PFP#220377842]
... overview see hines, 1997). first, differences in statutory tax rates between countries provoke profit shifting through debt contracts, manipulation of transfer prices, and so on. second, taxes affect ... tax harmonisation. the reason is perhaps that, compared to financial operations such as profit shifting and dividend repatriations, real investment behaviour is more important from a welfare-economic ...
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memo161.pdf
... firms by only 0.048%. evidence on the elasticity of profit shifting is given by huizinga and laeven (2006), who find a ... firm flows of intermediates. to capture the more general practice of profit shifting, we model transfer prices more sensitive to tax rate differentials by ... % increase in profits shifted via transfer pricing. figure 2.8 profit shifting due to 1%-point reduction in the cit-rate aut ...
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subsidiarity and economic reform europe pdf
... the market policies in agriculture should still be a part of the eu budget, because shifting these to a lower level of government would disturb the functioning of the internal ... and consequently a broader tax base. interpreting increased tax competition as the result of easier profit shifting, they find that tighter tax competition leads governments away from pro- ductivity-enhancing spending. ...
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will corporate tax consolidation improve efficiency eu pdf
... profit shifting techniques in order to reduce their tax payments. as a response to these developments, tax authorities have increased the documentation requirements and penalties to curve mne profit shifting ... to improve their competitiveness against rival firms. therefore, while fa eliminates the profit shifting incentives of transfer pricing, it does not eliminate the strategic competition ones, ...
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who benefits tax competition european union pdf
... profit shifting, we model transfer prices more sensitive to tax rate differentials in line with huizinga and laeven (2006). the calibration implies an improvement of the tax revenues due to profit shifting ... base is profit shifting. however, for a large country like france, with a limited share of production by multinationals (as measured by fdi in gdp), the scope for profit shifting is limited ...
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