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Legislative, Judicial, Soft Law, And Cooperative Approaches To Harmonizing Corporate Income Taxes In The Us And The Eu, Charles E. Mclure
Legislative, Judicial, Soft Law, And Cooperative Approaches To Harmonizing Corporate Income Taxes In The Us And The Eu, Charles E. Mclure
Charles E. McLure Jr.
Legislative, Judicial, Soft Law, and Cooperative Approaches to Harmonizing Corporate Income Taxes in the US and the EU
Charles E. McLure, Jr.
Abstract
The Member States of the European Community have systems of taxing corporate income that are more appropriate for nations than for members of an economic union. This paper describes the problems of the present system, which is based on separate accounting and arm’s length pricing, the advantages of one based on consolidation and formula apportionment, such as those employed by the US states and Canadian provinces, and the desirable characteristics of such a system. The European Court …