The impact of the Pillar One and Pillar Two proposals on MNE's investment costs: An analysis using forward-looking effective tax rates
This working paper presents the analytical framework used by the Secretariat to estimate the direct effects of the Pillar One and Pillar Two proposals on MNE's investment costs. The analysis builds on the standard ETR framework and extends it in two important respects. First, ETRs are calculate...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2020
|
| Schriftenreihe: | OECD Taxation Working Papers
no.50 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This working paper presents the analytical framework used by the Secretariat to estimate the direct effects of the Pillar One and Pillar Two proposals on MNE's investment costs. The analysis builds on the standard ETR framework and extends it in two important respects. First, ETRs are calculated for an investment performed by an entity belonging to an MNE group and account for the possibility that MNEs use their organisational structure to shift profits to low tax jurisdictions. Second, the model incorporates a stylised version of the tax provisions introduced under Pillar One and Pillar Two. The results, covering over 70 jurisdictions, account for differences in tax bases and rates, and are empirically calibrated to map MNE activities, i.e., the location of their profits, turnover and assets as well as the impact of the proposals. Overall, the results suggest that the Pillar One and Pillar Two proposals would lead to modest increases on global weighted ETRs. This paper feeds into the broader analysis of the investment impacts of the Pillar One and Pillar Two proposals. |
| Beschreibung: | 1 Online-Ressource (42 p.) |
| DOI: | 10.1787/b0876dcf-en |
Internformat
MARC
| LEADER | 00000cam a22000002 4500 | ||
|---|---|---|---|
| 001 | ZDB-13-SOC-061254223 | ||
| 003 | DE-627-1 | ||
| 005 | 20231204121311.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 210204s2020 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1787/b0876dcf-en |2 doi | |
| 035 | |a (DE-627-1)061254223 | ||
| 035 | |a (DE-599)KEP061254223 | ||
| 035 | |a (FR-PaOEC)b0876dcf-en | ||
| 035 | |a (EBP)061254223 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 084 | |a F21 |2 jelc | ||
| 084 | |a H25 |2 jelc | ||
| 084 | |a H32 |2 jelc | ||
| 100 | 1 | |a Hanappi, Tibor |e VerfasserIn |4 aut | |
| 245 | 1 | 4 | |a The impact of the Pillar One and Pillar Two proposals on MNE's investment costs |b An analysis using forward-looking effective tax rates |c Tibor, Hanappi and Ana Cinta, González Cabral |
| 264 | 1 | |a Paris |b OECD Publishing |c 2020 | |
| 300 | |a 1 Online-Ressource (42 p.) | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Taxation Working Papers |v no.50 | |
| 520 | |a This working paper presents the analytical framework used by the Secretariat to estimate the direct effects of the Pillar One and Pillar Two proposals on MNE's investment costs. The analysis builds on the standard ETR framework and extends it in two important respects. First, ETRs are calculated for an investment performed by an entity belonging to an MNE group and account for the possibility that MNEs use their organisational structure to shift profits to low tax jurisdictions. Second, the model incorporates a stylised version of the tax provisions introduced under Pillar One and Pillar Two. The results, covering over 70 jurisdictions, account for differences in tax bases and rates, and are empirically calibrated to map MNE activities, i.e., the location of their profits, turnover and assets as well as the impact of the proposals. Overall, the results suggest that the Pillar One and Pillar Two proposals would lead to modest increases on global weighted ETRs. This paper feeds into the broader analysis of the investment impacts of the Pillar One and Pillar Two proposals. | ||
| 650 | 4 | |a Finance and Investment | |
| 650 | 4 | |a Taxation | |
| 700 | 1 | |a González Cabral, Ana Cinta |e MitwirkendeR |4 ctb | |
| 856 | 4 | 0 | |l FWS01 |p ZDB-13-SOC |q FWS_PDA_SOC |u https://doi.org/10.1787/b0876dcf-en |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 912 | |a ZDB-13-SOC | ||
| 951 | |a BO | ||
| 912 | |a ZDB-13-SOC | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-13-SOC-061254223 |
|---|---|
| _version_ | 1804748659277955072 |
| adam_text | |
| any_adam_object | |
| author | Hanappi, Tibor |
| author2 | González Cabral, Ana Cinta |
| author2_role | ctb |
| author2_variant | c a c g cac cacg |
| author_facet | Hanappi, Tibor González Cabral, Ana Cinta |
| author_role | aut |
| author_sort | Hanappi, Tibor |
| author_variant | t h th |
| building | Verbundindex |
| bvnumber | localFWS |
| collection | ZDB-13-SOC |
| ctrlnum | (DE-627-1)061254223 (DE-599)KEP061254223 (FR-PaOEC)b0876dcf-en (EBP)061254223 |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/b0876dcf-en |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02376cam a22003972 4500</leader><controlfield tag="001">ZDB-13-SOC-061254223</controlfield><controlfield tag="003">DE-627-1</controlfield><controlfield tag="005">20231204121311.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">210204s2020 xx |||||o 00| ||eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/b0876dcf-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627-1)061254223</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP061254223</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(FR-PaOEC)b0876dcf-en</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(EBP)061254223</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">F21</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">H25</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">H32</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Hanappi, Tibor</subfield><subfield code="e">VerfasserIn</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="4"><subfield code="a">The impact of the Pillar One and Pillar Two proposals on MNE's investment costs</subfield><subfield code="b">An analysis using forward-looking effective tax rates</subfield><subfield code="c">Tibor, Hanappi and Ana Cinta, González Cabral</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2020</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (42 p.)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Taxation Working Papers</subfield><subfield code="v">no.50</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">This working paper presents the analytical framework used by the Secretariat to estimate the direct effects of the Pillar One and Pillar Two proposals on MNE's investment costs. The analysis builds on the standard ETR framework and extends it in two important respects. First, ETRs are calculated for an investment performed by an entity belonging to an MNE group and account for the possibility that MNEs use their organisational structure to shift profits to low tax jurisdictions. Second, the model incorporates a stylised version of the tax provisions introduced under Pillar One and Pillar Two. The results, covering over 70 jurisdictions, account for differences in tax bases and rates, and are empirically calibrated to map MNE activities, i.e., the location of their profits, turnover and assets as well as the impact of the proposals. Overall, the results suggest that the Pillar One and Pillar Two proposals would lead to modest increases on global weighted ETRs. This paper feeds into the broader analysis of the investment impacts of the Pillar One and Pillar Two proposals.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Finance and Investment</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Taxation</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">González Cabral, Ana Cinta</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="q">FWS_PDA_SOC</subfield><subfield code="u">https://doi.org/10.1787/b0876dcf-en</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">BO</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| id | ZDB-13-SOC-061254223 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-16T15:07:23Z |
| institution | BVB |
| language | English |
| open_access_boolean | |
| owner | DE-863 DE-BY-FWS |
| owner_facet | DE-863 DE-BY-FWS |
| physical | 1 Online-Ressource (42 p.) |
| psigel | ZDB-13-SOC |
| publishDate | 2020 |
| publishDateSearch | 2020 |
| publishDateSort | 2020 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Taxation Working Papers |
| spelling | Hanappi, Tibor VerfasserIn aut The impact of the Pillar One and Pillar Two proposals on MNE's investment costs An analysis using forward-looking effective tax rates Tibor, Hanappi and Ana Cinta, González Cabral Paris OECD Publishing 2020 1 Online-Ressource (42 p.) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Taxation Working Papers no.50 This working paper presents the analytical framework used by the Secretariat to estimate the direct effects of the Pillar One and Pillar Two proposals on MNE's investment costs. The analysis builds on the standard ETR framework and extends it in two important respects. First, ETRs are calculated for an investment performed by an entity belonging to an MNE group and account for the possibility that MNEs use their organisational structure to shift profits to low tax jurisdictions. Second, the model incorporates a stylised version of the tax provisions introduced under Pillar One and Pillar Two. The results, covering over 70 jurisdictions, account for differences in tax bases and rates, and are empirically calibrated to map MNE activities, i.e., the location of their profits, turnover and assets as well as the impact of the proposals. Overall, the results suggest that the Pillar One and Pillar Two proposals would lead to modest increases on global weighted ETRs. This paper feeds into the broader analysis of the investment impacts of the Pillar One and Pillar Two proposals. Finance and Investment Taxation González Cabral, Ana Cinta MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/b0876dcf-en Volltext |
| spellingShingle | Hanappi, Tibor The impact of the Pillar One and Pillar Two proposals on MNE's investment costs An analysis using forward-looking effective tax rates Finance and Investment Taxation |
| title | The impact of the Pillar One and Pillar Two proposals on MNE's investment costs An analysis using forward-looking effective tax rates |
| title_auth | The impact of the Pillar One and Pillar Two proposals on MNE's investment costs An analysis using forward-looking effective tax rates |
| title_exact_search | The impact of the Pillar One and Pillar Two proposals on MNE's investment costs An analysis using forward-looking effective tax rates |
| title_full | The impact of the Pillar One and Pillar Two proposals on MNE's investment costs An analysis using forward-looking effective tax rates Tibor, Hanappi and Ana Cinta, González Cabral |
| title_fullStr | The impact of the Pillar One and Pillar Two proposals on MNE's investment costs An analysis using forward-looking effective tax rates Tibor, Hanappi and Ana Cinta, González Cabral |
| title_full_unstemmed | The impact of the Pillar One and Pillar Two proposals on MNE's investment costs An analysis using forward-looking effective tax rates Tibor, Hanappi and Ana Cinta, González Cabral |
| title_short | The impact of the Pillar One and Pillar Two proposals on MNE's investment costs |
| title_sort | impact of the pillar one and pillar two proposals on mne s investment costs an analysis using forward looking effective tax rates |
| title_sub | An analysis using forward-looking effective tax rates |
| topic | Finance and Investment Taxation |
| topic_facet | Finance and Investment Taxation |
| url | https://doi.org/10.1787/b0876dcf-en |
| work_keys_str_mv | AT hanappitibor theimpactofthepillaroneandpillartwoproposalsonmnesinvestmentcostsananalysisusingforwardlookingeffectivetaxrates AT gonzalezcabralanacinta theimpactofthepillaroneandpillartwoproposalsonmnesinvestmentcostsananalysisusingforwardlookingeffectivetaxrates AT hanappitibor impactofthepillaroneandpillartwoproposalsonmnesinvestmentcostsananalysisusingforwardlookingeffectivetaxrates AT gonzalezcabralanacinta impactofthepillaroneandpillartwoproposalsonmnesinvestmentcostsananalysisusingforwardlookingeffectivetaxrates |