Authors: Dimitrios Balios, Nikolaos Eriotis, Stefanos Tantos, Dimitrios Vasiliou

Title: Effective corporate income tax rates to the economies of the European Union in the light of the impact of the economic crisis in the Eurozone

Abstract

In the present study we attempt to investigate what are the determinants of effective corporate tax rate of some of the European Union (EU) member countries and other non-EU members. Considering the literature we ascertain that only few studies have analyzed the EU economies, unlike the case of the USA. In this study, we extend the analysis taking also into consideration some non-EU countries which appears strong economic cooperation with EU countries over time. The present study aims to analyze the period after the outbreak of the crisis in the Eurozone up today, but including some years before 2009 in the assessed period. According to the aforementioned literature as well as to the estimation results of the present study, there seems to be that the effective corporate income tax rate is variously affected by firm-specific determining factors.