A Comprehensive Solution for a Targeted Problem: A Critique of the European Union's Home State Taxation Initiative

European Taxation, Vol. 48, p. 630, 2008

Northwestern Public Law Research Paper No. 08-21

54 Pages Posted: 2 Jul 2008 Last revised: 14 Apr 2015

See all articles by Ilan Benshalom

Ilan Benshalom

Hebrew University of Jerusalem - Faculty of Law

Date Written: 2008

Abstract

This Article examines the European Commission's Home State Taxation and CCCTB initiatives. It argues that both proposals undermine the long-term objective of attaining a consolidated European corporate tax regime. It suggests an alternative strategy, which offers a comprehensive formulary-tax-allocation-solution in one of the hard to tax sectors, such as the financial sector. This strategy requires more efforts and political risk-taking, but would better promote the long-term objective of a consolidated EU corporate tax regime.

Keywords: Corporate Taxation, Home State Taxation, CCCTB, Common Consolidated Tax Base, Formulary allocation, Unitary allocation, tax allocation, EU corporate tax reforms

JEL Classification: K33, K34

Suggested Citation

Benshalom, Ilan, A Comprehensive Solution for a Targeted Problem: A Critique of the European Union's Home State Taxation Initiative (2008). European Taxation, Vol. 48, p. 630, 2008; Northwestern Public Law Research Paper No. 08-21. Available at SSRN: https://ssrn.com/abstract=1153579

Ilan Benshalom (Contact Author)

Hebrew University of Jerusalem - Faculty of Law ( email )

Mount Scopus
Mount Scopus, IL 91905
Israel

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