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Experiences with cash-flow taxation and prospects. Final report

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  • EY

Abstract

A study on Cash-flow taxation in EU- and OECD-Member States, to gather information on the design and the impact of the implementation of such a system in practice. This information will be used to evaluate the ability of the system to address issues like the debt-equity bias, the tax neutrality in respect of locational choices and compliance costs. Out of 47 examined States, this report identifies three jurisdictions where a (close to) full-fledged CFT was implemented, namely Mexico, Estonia and Macedonia. The other dentified CFTs relate to three broad categories: small and medium enterprises, sector specific taxes and gross receipt taxes.

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  • Ey, 2015. "Experiences with cash-flow taxation and prospects. Final report," Taxation Papers 55, Directorate General Taxation and Customs Union, European Commission.
    • Handle: RePEc:tax:taxpap:0055
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    References listed on IDEAS

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    1. Spengel, Christoph & Heckemeyer, Jost Henrich & Bräutigam, Rainer & Nicolay, Katharina & Klar, Oliver & Stutzenberger, Kathrin, 2016. "The effects of tax reforms to address the debt-equity bias on the cost of capital and on effective tax rates," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, volume 65, number 148156.

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    Keywords

    European Union; cash-flow taxation; debt-equity bias; compliance costs;
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