This brochure presents the EESC's opinions, position papers, resolutions and statements calling for the necessary measures to be taken at EU level, or commenting on those that have already been put forward, in order to tackle the economic effects of the COVID-19 pandemic. We pushed for a reconstruction and recovery plan that lives up to this unprecedented challenge.
Taxation within the EU must be competitive and encourage domestic and cross-border business activities, job creation, investment, entrepreneurship and economic growth. A tax system must be predictable and provide certainty for taxpayers. Consequently, taxation rules need to be clear and simple in order to avoid divergent interpretations leading to costly disputes and double taxation.
This study analyses the impact of changes in corporate tax on investment, growth, employment and public finance. It is based on both a review of existing theoretical and empirical literature and a new event study considering the economic impact of significant changes in corporate tax rates in developed economies between 1981 and 2014.
