{"id":50941,"date":"2023-12-01T17:31:40","date_gmt":"2023-12-01T16:31:40","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/the-effects-of-eu-formula-apportionment-on-corporate-tax-revenues\/"},"modified":"2025-10-22T22:13:51","modified_gmt":"2025-10-22T20:13:51","slug":"the-effects-of-eu-formula-apportionment-on-corporate-tax-revenues","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/50941\/","title":{"rendered":"The Effects of EU Formula Apportionment on Corporate Tax Revenues"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-50941","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The European Commission proposes to replace the current system of taxing corporate income using separate accounting by a two-step \"consolidation and apportionment\" procedure. This paper uses a large set of unconsolidated firm-level data to assess the likely impact on corporate tax revenues in each member country. Taking pre-tax profit as given, overall tax revenues would be likely to drop by 2.5 percent if companies could choose whether to participate. By contrast, if they were forced to participate, total tax revenues would be likely to increase by more than 2 percent, leaving some European countries \u2013 most notably, Spain, Sweden and the UK \u2013 better off. We investigate how sensitive these results are to the apportionment factors used.","onlinedate":"2008-01-01 01:00:00","lang":"English","publication_series":"","publication_date":"20080101","publication_date_year":"2008","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Corporate taxation\",\"European Union\"]","jelcodes":"[\"H25\",\"H87\"]","related_publications":"[]","pdf":null,"zip":null,"link":"http:\/\/onlinelibrary.wiley.com\/doi\/10.1111\/j.1475-5890.2008.00067.x\/abstract","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"29","monthly_report_pages":"1-33","monthly_report_pages_sort":"1","issue":"1","journal":"Fiscal Studies","publisher":"","invisible":false,"external":true,"embargo_date":null,"types":[83083],"research_groups":[3500],"collaboration":"","persons":[11967,3859],"persons_data":"[{\"personId\":11967,\"personName\":\"Michael P. Devereux\",\"organisationNames\":[]},{\"personId\":3859,\"personName\":\"Simon Loretz\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Effects of EU Formula Apportionment on Corporate Tax Revenues - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/50941\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Effects of EU Formula Apportionment on Corporate Tax Revenues\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/50941\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-22T20:13:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.wifo.ac.at\/en\/publication\/50941\/\",\"url\":\"https:\/\/www.wifo.ac.at\/en\/publication\/50941\/\",\"name\":\"The Effects of EU Formula Apportionment on Corporate Tax Revenues - 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