A new EU working paper tries to evaluate how the proposal for a common consolidated corporate tax base (CCCTB) would affect member states’ tax policy choices to support research and development.
A new EU working paper tries to evaluate how the proposal for a common consolidated corporate tax base (CCCTB) would affect member states’ tax policy choices to support research and development. The research indicates that the 2011 CCCTB proposal, without any bonus allowance for R&D, would result in a significant reduction R&D support for businesses. Specifically, to compensate for the replacement of national R&D tax incentives under the CCCTB, an allowance of 33% would be necessary.
Taxation paper No 69: ‘Towards a European R&D Incentive? An assessment of R&D Provisions under a Common Corporate Tax Base’ is available at http://bit.ly/2flTKDR.
A new EU working paper tries to evaluate how the proposal for a common consolidated corporate tax base (CCCTB) would affect member states’ tax policy choices to support research and development.
A new EU working paper tries to evaluate how the proposal for a common consolidated corporate tax base (CCCTB) would affect member states’ tax policy choices to support research and development. The research indicates that the 2011 CCCTB proposal, without any bonus allowance for R&D, would result in a significant reduction R&D support for businesses. Specifically, to compensate for the replacement of national R&D tax incentives under the CCCTB, an allowance of 33% would be necessary.
Taxation paper No 69: ‘Towards a European R&D Incentive? An assessment of R&D Provisions under a Common Corporate Tax Base’ is available at http://bit.ly/2flTKDR.
