New IMF paper on taxing multinationals in Europe

New IMF paper on taxing multinationals in Europe

The paper analyzes corporate tax spillovers in Europe with a focus on the channels and magnitudes of both profit shifting and  corporate income tax competition.

New IMF paper on taxing multinational in EuropeThe International Monetary Fund has released a paper, which aims to contribute to the European policy debate on corporate income tax reform.

Entitled “Taxing Multinationals in Europe,” the paper – released on May 25 – reviews the performance of the corporate income tax in Europe over the past several decades and the important role played by multinational enterprises (MNEs) in European economies.

The paper analyzes corporate tax spillovers in Europe with a focus on the channels and magnitudes of both profit shifting and  corporate income tax competition.

Last, the paper examines the progress made in European corporate income tax   coordination and discusses reforms to strengthen the harmonization of corporate tax policies, in order to effectively reduce both tax competition and profit shifting.

The paper has been prepared by Ernesto Crivelli, Ruud A. de Mooij, J. E. J. De Vrijer, Shafik Hebous, and Alexander D Klemm. The full paper is available on the IMF website.


The author is Alex Hunter, Editor, TP News. He oversees and updates the publication and also  regularly writes news stories about transfer pricing and international tax law. Alex is reachable at editor@transferpricingnews.com