| Project Detail |
Understanding corporate ownership structures and tax frameworks
Unlike the United Kingdom (UK) and the United States (US), where company ownership is generally dispersed, many publicly listed European corporations are owned and controlled by majority shareholders, often families. Apart from bestowing privilege, this tends to impede growth, value and profitability, as well as negate market effects on corporate control. By comparing UK and US companies with those in Italy and Germany from the 1950s onwards, the CorpCONTROL-in-TAX project, funded by the Marie Sklodowska-Curie Actions programme, will examine the evolution of corporation ownership type and its effects on taxation frameworks. It will investigate tax system divergence, particularly in inheritance, capital gain and income taxes. The results may be generally applicable and specifically affect EU Member States trying to improve low-productivity issues. |
