The voting of EU members for common consolidated corporate tax base and the tax benefits

Figures & Tables

Pseudo R²	Model with 4 indicators	Model with 3 indicators	Model without indicators
McFadden	0,642	0,629	0,470

McKelveya and Zavoiny	0,751	0,750	0,630

Count R2	0,921	0,910	0,894
Adjusted count R2	0,659	0,614	0,558

2012	Net FDI to GDP (0–highest FDI, 100–lowest FDI)	CIT rate (0 – lowest rate, 100 – highest rate)	CIT revenue (0 – highest revenue, 100 – lowest revenue)	Economy size (0 – lowest, 100 – highest)	Index (the highest index the highest positive impact expected)
Austria	74	57	78	11	55

Belgium	57	92	59	13	55

Bulgaria	0	0	87	1	22

Croatia	30	38	80	1	37

Cyprus	25	0	0	0	6

Czechia	23	34	57	5	30

Denmark	87	57	67	9	55

Estonia	22	42	93	0	39

Finland	82	56	78	7	56

France	82	100	65	76	81

Germany	72	77	70	100	80

Greece	72	38	100	6	54

Hungary	27	41	96	3	42

Ireland	82	10	74	6	43

Italy	71	82	74	58	71

Latvia	33	19	89	0	35

Lithuania	43	19	96	1	39

Luxembourg	33	72	13	1	30

Netherlands	100	57	78	23	65

Poland	39	34	78	14	41

Portugal	51	82	65	5	51

Romania	33	23	83	4	36

Slovakia	26	34	72	2	33

Slovenia	53	31	98	1	46

Spain	66	77	74	37	64

Sweden	70	62	70	15	54
United Kingdom	73	54	65	75	67

		Firm 1	Firm 2	Firm 3	Together
I	Consolidated tax base	–			S

II	Assets	A₁	A₂	A₃	A₁ + A₂ + A₃ = A

	Employment	E₁	E₂	E₃	E₁ + E₂ + E₃ = E

	Remuneration	R₁	R₂	R₃	R₁ + R₂ + R₃ = R

	Turnover	T₁	T₂	T₃	T₁ + T₂ + T₃ = T

III	Share

	Assets	A1A=a1{{{A_1}} \over A} = {a_1}	A2A=a2{{{A_2}} \over A} = {a_2}	A3A=a3{{{A_3}} \over A} = {a_3}

	Employment	E1E=e1{{{E_1}} \over E} = {e_1}	E2E=e2{{{E_2}} \over E} = {e_2}	E3E=e3{{{E_3}} \over E} = {e_3}

	Remuneration	R1R=r1{{{R_1}} \over R} = {r_1}	R2R=r2{{{R_2}} \over R} = {r_2}	R3R=r3{{{R_3}} \over R} = {r_3}

	Turnover	T1T=t1{{{T_1}} \over T} = {t_1}	T2T=t2{{{T_2}} \over T} = {t_2}	T3T=t3{{{T_3}} \over T} = {t_3}

IV	Tax base

	Firm 1	S(13a1+1213e1+1213r1+13t1){\bf{\it S}}\left( {{1 \over 3}{{\bf{\it a}}_1} + {1 \over 2}{1 \over 3}{{\bf{\it e}}_1} + {1 \over 2}{1 \over 3}{{\bf{\it r}}_1} + {1 \over 3}{{\bf{\it t}}_1}} \right)

	Firm 2	S(13a2+1213e2+1213r2+13t2){\bf{\it S}}\left( {{1 \over 3}{{\bf{\it a}}_2} + {1 \over 2}{1 \over 3}{{\bf{\it e}}_2} + {1 \over 2}{1 \over 3}{{\bf{\it r}}_2} + {1 \over 3}{{\bf{\it t}}_2}} \right)
	Firm 3	S(13a3+1213e3+1213r3+13t3){\bf{\it S}}\left( {{1 \over 3}{{\bf{\it a}}_3} + {1 \over 2}{1 \over 3}{{\bf{\it e}}_3} + {1 \over 2}{1 \over 3}{{\bf{\it r}}_3} + {1 \over 3}{{\bf{\it t}}_3}} \right)

Variable	Observations	Mean	Standard deviation	Min	Max
vote	574	0.76	0.43	0	1

leftright	574	4.28	1.6	1	8

prosconsEU	574	0.70	0.46	0	1

relEU	574	0.38	0.23	0.03	0.84

indFDI	568	60.98	22.38	0	100

indCIT	568	60.04	26.09	0	100

indCITincome	568	72.40	13.03	0	100

indeconsize	568	40.02	36.20	0	100

term	574	1.86	1.16	1	8

sex	574	0.36	0.48	0	1

educ	574	0.38	0.49	0	1

age	574	54.18	10.95	29	81

amendment	574	1.08	5.69	0	75
NUE	574	0.29	0.45	0	1