This study presents estimates of the effective levels of company taxation in the
15 Member States of the EU. The study is established from the perspective of a
multinational investor and provides relevant qualitative and quantitative
information about the company tax regimes in the EU Member States which are
in force in 2001.
The main aim of the study is to compute and to compare effective marginal tax
rates (EMTR) on domestic investment in all 15 EU Member States. A secondary
aim is to work out the impact of the different tax drivers on the effective tax
burden, i.e. to analyse how the EMTRs of the Member States are influenced by
the tax systems, the different types of profit and non-profit taxes, the tax bases
and the tax rates. The computation of the EMTR and the quantitative analysis is
based on the well known approach of King and Fullerton which is also used, for
example, in international tax burden comparison by the OECD and the European
Commission. We refer to a typical manufacturing company as a base case. This
company – which has the legal structure of a corporation – is characterised by a
particular combination of investments and forms of finance. We considered five
different types of investment: intangibles, industrial buildings, machinery, financial
assets and inventories. The financing policy considered three sources of finance:
new equity capital, retained earnings and debt.
The calculations take into account the most relevant tax provisions. Relating to
company taxation, we considered the corporation tax, additional profit taxes and
non-profit taxes, the tax rates and the most relevant aspects of the tax base. Chapter
B presents a brief and well structured overview on the company tax regimes in
the EU Member States.
Dieser Eintrag ist Teil der Universitätsbibliographie.
Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.
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