Article ID Journal Published Year Pages File Type
983166 Procedia Economics and Finance 2014 10 Pages PDF
Abstract

The harmonization of the tax regime of EU Member States represents one possible way to intensify their economic integration. Tax harmonization by a Common Consolidated Corporate Tax Base constitutes a similar system to which has been used in Canada, USA or Switzerland since the last century. The present paper describes the principles of formulas apportionment which are used in Canada and the USA and proves different distribution of the tax base in comparison with the formula apportionment as published in the proposal to the Council Directive on a Common Consolidated Corporate Tax Base of 16 March 2011.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics