Calendrier du 14 novembre 2023
PSI-PSE (Petit Séminaire Informel de la Paris School of Economics) Seminar
Du 14/11/2023 de 17:00 à 18:00
HATEM Nicolas (PSE)
(local) land use policies and renewables deployment
Applied Economics Lunch Seminar
Du 14/11/2023 de 12:30 à 13:30
Salle R2.21
BACHAS Pierre(ESSEC, EU Tax Observatory )
BROCKMEYER Anne(World Bank)
SEMELET Camille(LMU Munich, Ifo Institute)
Effective Tax Rates, Firm Size and the Global Minimum Tax
How does the tax burden vary across firms of different sizes? And what is the scope of a minimum tax? This paper details the relationship between firm size and effective tax rates (ETRs) using full-population administrative tax data from 15 countries at different income levels. In all countries, small firms face lower ETRs than mid-sized firms due to reduced statutory tax rates and a higher propensity to register losses. In most countries, ETRs fall for the very largest firms due to the take-up of tax incentives. As a result, a third of the top 1% largest firms face ETRs below 15%. A minimum tax with a broad base could raise corporate tax revenue by 27% in the median country, but the OECD's global minimum tax proposal would only produce a small share of those gains.