Benchmarking the various tax systems in post-Brexit Europe reveals a landscape far richer and more nuanced than mere tax rates.
Attractiveness may depend on the point of time in the life cycle of a company – thinking of its profit or loss position. It may also depend on the industry a company is engaged in – looking at tax incentives for R&D and innovation. Capital-intensive companies with high energy consumption may look for other benefits than e-commerce start-ups. An international workforce will make it necessary to also take into account regimes that facilitate global mobility.
This quick snap benchmark on tax incentives available in EU countries plus UK prepared by the ETL GLOBAL tax working group can only deliver a first glimpse at the various facets in the European tax landscape has to offer.