It takes the average reader to read Alternative Systems of Business Tax in Europe by Ruud A. de Mooij
Assuming a reading speed of 250 words per minute. Learn more
This report explores the economic implications of an allowance for corporate equity (ACE), a comprehensive business income tax (CBIT) and a combination of the two in the EU. We illustrate the key trade-offs in designing ACE and CBIT in the presence of tax distortions at various decision margins of firms, such as its financial structure, investment, profit allocation and discrete location. Using an applied general equilibrium model for Europe, we quantitatively assess the effects of ACE, CBIT and combined reforms in EU countries. The results suggest that ACE is welfare improving as long as corporate tax rates are not used to cover the cost of base narrowing. CBIT typically reduces welfare by exacerbating marginal investment distortions. When governments adjust statutory corporate tax rates to balance their budget, however, CBIT reforms become more attractive while ACE reforms are welfare reducing in a number of countries. European coordination of reforms mitigates fiscal spillovers within the EU and renders ACE reforms more, and CBIT reforms less, attractive for welfare. A combination of ACE and CBIT reforms can be designed to be revenue neutral and welfare improving through smaller financial distortions.
Alternative Systems of Business Tax in Europe by Ruud A. de Mooij is 0 pages long, and a total of 0 words.
This makes it 0% the length of the average book. It also has 0% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes to read Alternative Systems of Business Tax in Europe aloud.
Alternative Systems of Business Tax in Europe is suitable for students ages 2 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Alternative Systems of Business Tax in Europe by Ruud A. de Mooij is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Alternative Systems of Business Tax in Europe by Ruud A. de Mooij on Amazon click the button below.
Buy Alternative Systems of Business Tax in Europe on Amazon