Case study: The impact on the Romanian State Budget in the case of EU adoption of the CCCTB Directive
This study comes in the current context in which the European Commission, chaired by Von der Leyen, stressed the need for a unitary and fair tax system in the European Union (CE, 2019). Moreover, considering the present macroeconomic environment influenced by the pandemic evolution and the current b...
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2021-06-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1544.pdf
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| Summary: | This study comes in the current context in which the European Commission, chaired by
Von der Leyen, stressed the need for a unitary and fair tax system in the European Union (CE,
2019). Moreover, considering the present macroeconomic environment influenced by the pandemic
evolution and the current budgetary projections, implicitly by the historical Budget, previously
approved by the European Council, I consider it appropriate to analyse the fiscal legislative efforts
of the European Union.
This case study aims to analyse the impact on the Romanian State Budget if the proposal for a
European Union Directive on corporate taxation will be adopted. Considering the legislative area
of which the proposal for directive is part of, namely fiscal policy, where the Member States, based
on the existing treaties, retain their sovereignty over the tax law and the Romanian representatives
in the European Council have a veto on unitary tax regulations, the results of this study may be a
guide to how Romanian representatives will vote within the European Council. Taking into
consideration the fact that once the common consolidated base will be introduced, by maintaining
the current rules presented in the legislative proposal, the impact on the Romanian’s national
Budget will be a positive one. |
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| ISSN: | 1841-8678 1844-0029 |