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Ten years after EULEX Key principles for future EU flagship initiatives on the rule of law
Policy Contribution

The Taxation of Multinational Enterprises in the European Union

by Stefano Micossi / Paola Parascandolo
04 February 2010

The Taxation of Multinational Enterprises in the European Union

Stefano Micossi / Paola Parascandolo

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As a rule, multinational enterprises (MNEs) are taxed separately by the countries in which they operate on the basis of the income produced in each jurisdiction. While being in operation for several decades, the system has never worked satisfactorily. Integration is only serving to amplify these difficulties, since intra-firm transactions take on increasing importance in the operations of MNEs, and financial market integration is expanding the opportunities for tax-planning in profit allocation and the debt-financing of capital spending.
In this new Policy Brief the authors set out possible approaches to designing an efficient trans-border corporate tax system for the European Union.
 

About the Authors


  • Author
    Stefano Micossi
    Stefano Micossi
  • Author
    Paola Parascandolo
    Paola Parascandolo
The Taxation of Multinational Enterprises in the European Union
Download Publication

3860 Downloads