Taxing Multinationals in Europe

Author/Editor:

Ernesto Crivelli ; Ruud A. de Mooij ; J. E. J. De Vrijer ; Shafik Hebous ; Alexander D Klemm

Publication Date:

May 25, 2021

Electronic Access:

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Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

This paper aims to contribute to the European policy debate on corporate income tax reform in three ways. First, it takes a step back to review the performance of the CIT in Europe over the past several decades and the important role played by MNEs in European economies. Second, it analyses corporate tax spillovers in Europe with a focus on the channels and magnitudes of both profit shifting and CIT competition. Third, the paper examines the progress made in European CIT coordination and discusses reforms to strengthen the harmonization of corporate tax policies, in order to effectively reduce both tax competition and profit shifting.

Series:

Departmental Paper No 2021/012

Subject:

Frequency:

occasional

English

Publication Date:

May 25, 2021

ISBN/ISSN:

9781513570761/2616-5333

Stock No:

TMNIEEA

Pages:

60

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