Revenue Potential of the CCCTB in the European Union

Abstract

Revenue Potential of the CCCTB in the European Union The non-existence of a link between reaching smart, sustainable and inclusive growth and the EU budget is resulting in the existence of sustainability gaps in the European Union. This research reveals that the introduction of the Common (Consolidated) Corporate Tax Base (hereinafter as C(C) CTB) could be an important contribution to close the existing sustainability gaps. To research the revenue potential of the C(C)CTB, a model based on a remittance system was designed. The system expects the replacement of the VAT-based own resource (resp. GNI-based own resource) through the transfer of a part of the corporate tax revenues from the C(C)CTB raised on the national level to the EU budget. The results of the research show that the C(C)CTB-based own resource would be able to fully replace the VAT-based own resource, with the only exception of Cyprus. However, the C(C)CTB-based own resource cannot be considered to be a sufficient resource to fully replace the GNI-base own resource.

Corporate Taxation in the European Union: The Role of Intangibles in the Formulary Apportionment

“…The paper follows the approach used by Krchnivá and2015), Krchnivá (2015), Roggeman et al (2012), andHines (2008). The rationale for the selection of the chosen research methods was also based on papers published by Solilová and Nerudová (2018), Solilová (2016 and2015) and Devereux and Loretz (2008).…”