tag:blogger.com,1999:blog-8817171247555815363.post8321593536857362947..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 20/06/2011: Europe's Corporate Tax RatesTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8817171247555815363.post-51881822953713006622011-06-21T02:22:31.710+01:002011-06-21T02:22:31.710+01:00Wonderful blog. Thanks for posting.Wonderful blog. Thanks for posting.Tax Questions Answeredhttp://taxquestionsanswered.fastprofitpages.com/?id=jdmnet30noreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-73598132860221440972011-06-20T19:08:08.200+01:002011-06-20T19:08:08.200+01:00It sure does, thanks. In any case, I think that wh...It sure does, thanks. In any case, I think that whatever the supposed or effective corporate tax rate of country x should have no bearing whatsoever on the tax rate of country y.Jack Costellonoreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-23524802776655017792011-06-20T14:59:35.743+01:002011-06-20T14:59:35.743+01:00Jack, the methodology is clearly explained in the ...Jack, the methodology is clearly explained in the link provided: <br />http://www.doingbusiness.org/methodology/paying-taxes#profit<br /><br />This is not only PWC-based data, it is World Bank provided data and encompasses general business survey respondents. Flower pots are referenced only as an example of the type of the company (albeit language used in the description is suggestive that these are exclusively 'flower pots' producers).<br /><br />In other words, this is as good of data as it gets. Limited - yes. limited to what Ronan suggested - no.<br /><br />Companies trading internationally face even lower effective corporate profits as they can avail of transfer pricing and other tax optimization measures.<br /><br />Hope this explains.TrueEconomicshttps://www.blogger.com/profile/07350536454228478974noreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-297822465134872992011-06-20T14:11:03.078+01:002011-06-20T14:11:03.078+01:00Nice table alright, and I agree that we should be ...Nice table alright, and I agree that we should be telling Sarkozy et al. to 'oublier ca' in relation to our corporate tax rate. However, as I understand it the French rate of 8.2% applies only under very specific circumstances. According to Ronan Lyons, the PwC methodology considered a company which 'produces ceramic flowerpots at a gross profit margin of 20%, is domestically owned, does not trade internationally and operates out of the country’s largest city.'Jack Costellonoreply@blogger.com