FAIRTAX FAIRTAX. Conference Programme. Conference Programme. Options for an EU Tax as an EU Own Resource. List of Content

Transcription

1 H2020-EURO-SOCIETY H2020-EURO-SOCIETY FAIRTAX Conference Programme FAIRTAX Conference Programme FAIRTAX FairTax is a crossdisciplinary four year H2020 EU project aiming to produce recommendations on how fair and sustainable taxation and social policy reforms can increase the economic stability of EU member states, promoting economic equality and security, enhancing coordination and harmonisation of tax, social inclusion, environmental, legitimacy, and compliance measures, support deepening of the European Monetary Union, and expanding the EU s own resource revenue bases. Under the coordination of Umeå University (Sweden), comparative and international policy fiscal experts from eleven universities in six EU countries and three non-eu countries (Brazil, Canada and Norway) contribute to FairTax Research Options for an EU Tax as an EU Own Resource Organised by Austrian Institute of Economic Research WIFO Vienna (Austria), Mendel University Brno (Czech Republic) and King s College London (United Kingdom) Vienna, September 19 th, 2016 A-1030 Vienna, Arsenal Objekt 20 Start of registration: 08:30 Scientific Committee: Tony Atkinson (Nuffield College, University of Oxford), Rita de la Feria (Leeds University), Friedrich Heinemann (ZEW), Anna Iara (European Commission), Inge Kaul (Global Policy Studies, Hertie School of Governance), Jacques Le Cacheux (OFCE), Jorge Núñez Ferrer (CEPS), Christiana HJI Panayi (Queen Mary University of London), Dorothea Schäfer (DIW and Jönköping University), Sandor Richter (WIIW) FAIRTAX FairTax is a crossdisciplinary four year H2020 EU project aiming to produce recommendations on how fair and sustainable taxation and social policy reforms can increase the economic stability of EU member states, promoting economic equality and security, enhancing coordination and harmonisation of tax, social inclusion, environmental, legitimacy, and compliance measures, support deepening of the European Monetary Union, and expanding the EU s own resource revenue bases. Under the coordination of Umeå University (Sweden), comparative and international policy fiscal experts from eleven universities in six EU countries and three non-eu countries (Brazil, Canada and Norway) contribute to FairTax Research List of Content FairTax Conference Sept 19th, 2016 Vienna 01 Programme 02 Short bios 03 List of Abstracts 04 List of Participants FairTax Project, Upcoming Events 05 FairTax Project General Information 06 FairTax WP8 07 FairTax WP5 08 Stakeholder conference Oct. 25 th, 2016 Brussels 09 FairTax Special Session at ECE Conference, March 9/10 th, 2017 Brno Miscellaneous 10 Map WIFO/hotels The FairTax project is funded by the European Union s Horizon 2020 research and innovation programme , grant agreement No. FairTax margit.schratzenstaller@wifo.ac.at; ann.mumford@kcl.ac.uk; danuse.nerudova@mendelu.cz The FairTax project is funded by the European Union s Horizon 2020 research and innovation programme , grant agreement No. FairTax

2 08:30 09:15 Registration (Ground Floor: Hall) 09:15 09:30 Welcome and Introduction (Ground Floor: Großer Sitzungssaal) Christoph Badelt, Director of WIFO, former Rector of Vienna University of Business and Economics Åsa Gunnarsson, Coordinator of FairTax, Professor at Umeå University Marc Fähndrich, Representation of European Commission Vienna 09:30 10:45 Session 1A (Ground Floor: Großer Sitzungssaal) Chair: Johann Brunner, University of Linz Discussants: Åsa Gunnarsson, University of Umeå, Hans Pitlik, WIFO Session 1B (3 rd Floor: Kleiner Sitzungssaal) Chair: Danuše Nerudová, Mendel University Brno Discussants: Angela Köppl, WIFO, Jacques Le Cacheux, University of Pau Alfons Weichenrieder (University of Frankfurt), Vilen Lipatov Hansjörg Blöchliger (OECD), Jaroslaw Kantorowicz The Subsidiarity Principle as a Guideline for Financing the EU Budget The Fiscal Constitution of the European Union: An Empirical Assessment Fanny Dellinger (WIFO), Margit Schratzenstaller Michael Thöne (University of Cologne) Friedrich Heinemann (ZEW) Strategies for a European EU Budget Margit Schratzenstaller (WIFO), Alexander Krenek Sustainability-oriented EU Taxes: A European Nuclear Power Tax Transferring Taxes to the Union: The Case of European Road Transport Fuel Taxes Sustainability-oriented EU Taxes: A European Carbon-based Flight Ticket Tax 10:45 11:15 Coffee Break (Ground Floor: Hall) 11:15 12:30 Session 2A (Ground Floor: Großer Sitzungssaal)) Chair: Claus Staringer, Vienna University of Business and Economics Discussants: Anna Iara, European Commission, Ann Mumford, King's College London Session 2B (3 rd Floor: Kleiner Sitzungssaal) Chair: Rupert Sausgruber, Vienna University of Business and Economics Discussants: Jorge Núñez Ferrer, CEPS, Margit Schratzenstaller, WIFO Veronika Solilová (Mendel University Brno), Danuše Nerudová Sustainability-oriented EU Taxes: A European Financial Transaction Tax Mikuláš Luptáčik (University of Bratislava), Peter Luptáčik Analysis and Quantification of a New Fiscally Neutral European Tax Michael J. Randall (University of Strathclyde) The EU s Financial Transaction Tax as an Own Resource Pierre Kohler (UN) Overcoming the EU Sustainability Crisis: Tax Options for Sustainable Development in a Stronger Union Dorothea Schäfer (DIW) Distributional Effects of Taxing Financial Transactions and the Low Interest Rate Environment Viliam Páleník (Slovak Academy of Sciences), Tomáš Miklošovič CGE Modeling of Macroeconomic Effects of Environmental Taxes as an EU Own Resource The Case of Slovakia Alexander Krenek (WIFO), Margit Schratzenstaller Sustainability-oriented EU Taxes: A European Net Wealth Tax Marian Dobranschi (Mendel University Brno) Lump Sum Tax as EU Tax 12:45 13:45 Policy Panel (Ground Floor: Großer Sitzungssaal) Moderator: Eric Frey, Der Standard Iveta Radičová, Comenius University Bratislava, former Prime Minister of Slovakia, Mario Monti, Head of HLGOR, Heinz Zourek, former Director of DG TAXUD, Hans Jörg Schelling, Austrian Minister of Finance

3 13:45 14:45 Lunch Break (Ground Floor: Hall) 14:45 16:00 Session 3A (Ground Floor: Großer Sitzungssaal) Chair: Ann Mumford, King s College London Discussants: Inge Kaul, Hertie School of Governance Berlin, Edith Peters, Austrian Ministry of Finance, Dirk H. Kranen, German Ministry of Finance Session 3B (3 rd Floor: Kleiner Sitzungssaal) Chair: Margit Schratzenstaller, WIFO Discussants: Stefanie Knoth, German Ministry of Finance, Friedrich Heinemann, ZEW Gabriele Cipriani (European Court of Auditors) Giacomo Benedetto (Royal Holloway University of London) Jorge Núñez Ferrer (CEPS) Reforming the EU Budget Revenue: The Case for an EU-VAT Resource The Route to Reform of the EU s Budget Revenue Elements for a New System of Own Resources Luca Cerioni (University of Edinburgh) Jonathan Pycroft (European Commission), Salvador Barrios, Maria Teresa Alvarez- Martinez, Maria Gesualdo, Dimitrios Pontikakis Diego d'andria (European Commission), Maria Teresa Alvarez-Martinez, Salvador Barrios, Maria Gesualdo, Dimitrios Pontikakis, Jonathan Pycroft Anna Iara (European Commission) Revenue for EMU Danuše Nerudová (Mendel University Brno), Marian Dobranschi, Veronika Solilová A Fair EU Tax: Revaluing the "EUCIT" Idea and Exploring its Overall Implications Corporate Income Tax Reform in the EU Intangibles and Profit Shifting: An Assessment of Policy Reforms Using a CGE Model Sustainability-oriented EU Taxes: The CCCTB 16:00 16:15 Coffee Break (Ground floor: Hall) 16:15 17:30 Session 4A (Ground Floor: Großer Sitzungssaal) Chair: Fritz Breuss, WIFO Discussants: Dorothea Schäfer, DIW, Sandor Richter, WIIW Session 4B (3 rd Floor: Kleiner Sitzungssaal) Chair: Kurt Bayer, WIFO Discussants: Danuše Nerudová, Mendel University Brno, Petr Zahradník, European Economic and Social Committee Kurt Kratena (CESAR), Mark Sommer (WIFO) Kai Konrad (Max Planck Institute Munich) Progressive Carbon Taxation as an EU Tax Light for Europe - An Electricity Tax for the European Union Budget Alfredo De Feo (European University Institute) Klaus Röhrig (Green Budget Europe), Constanze Adolf Alternative Procedures and Sources for Financing the EU Budget: Between Desires and Possibilities View of a Practitioner A New Narrative Needed for the EU Budget - Communicating Green Own Resources Niki Pomper (WIFO), Margit Schratzenstaller Sustainability-oriented EU Taxes: A European Carbon Tax Agustin Redonda (Council on Economic Policies) Energy Tax Expenditures and Sustainability Implications for the Design of EU Energy Taxes Maciej Cieślukowski (Poznan University of Economics and Business) Excise on Electricity as an EU Own Resource in the Light of Sustainable Development 17:30 End of Conference

4 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios 09:00-09:15 Welcome and Introduction Christoph Badelt, former Rector of WU, the Vienna University of Economics and Business and President of the Austrian Universities (the Austrian Rectors' Conference) between 2005 and 2009, now is Director of WIFO, the Austrian Institute of Economic Research. Since 1997 Full Professor of Economics and Social Policy, Vienna University of Economics and Business, his research interests are nonprofit organizations, social policy, social services, especially for handicapped and the elderly, family policy, welfare state and higher education policy. Åsa Gunnarsson, Professor of Tax Law, specialized in tax theory and policy, Umeå University, Sweden. She has written extensively on tax fairness and the functions of fiscal systems in welfare states. During the last decade she has initiated research projects and networks in the field of gender, law and society. The collection Challenging Gender Inequality in Tax Policy Making: Comparative Perspectives constituted FemTax, a network on Feminist Studies on Taxation and Budgeting. FemTax serves as an international and multi-disciplinary base for new perspectives and insights for boundary-breaking tax research. She is is currently leading the Horizon2020 project FairTax and the Wallenberg project ReTax. Marc Fähndrich is Advisor for Economic Governance at the European Commission's Representation in Vienna since He is advocating structural reforms for Austria as addressed in the framework of the European Semester in order to improve economic environment for future growth. He defines his work as bridging the remote EU Commission in Brussels with the EU Member State Austria in order to create mutual understanding. As an experienced EU official, he is already on his second posting to Austria. Previously, he has worked as Policy Officer in Brussels and Deputy Head of Representation of the European Commission in Austria. He has an economic degree and started his career in the pharmaceutical industry.s 10:00-11:15 Session 1A Chair: Johann K. Brunner is Professor of Economics at the Johannes Kepler University Linz and Head of the Department of Public Finance since He was Dean of the Faculty of Social Sciences, Economics and Business from 2003 to He visited and lectured at a number of international universities. His main field of activity is the economics of the public sector, in particular the theory and policy of taxation and of social insurance. Discussant: Åsa Gunnarsson Professor of Tax Law, specialized in tax theory and policy, Umeå University, Sweden. She has written extensively on tax fairness and the functions of fiscal systems in welfare states. During the last decade she has initiated research projects and networks in the field of gender, law and society. The collection Challenging Gender Inequality in Tax Policy Making: Comparative Perspectives constituted FemTax, a network on Feminist Studies on Taxation and Budgeting. FemTax serves as an international and multidisciplinary base for new perspectives and insights for boundarybreaking tax research. She is is currently leading the Horizon2020 project FairTax and the Wallenberg project ReTax. Discussant: Hans Pitlik is a Senior Researcher in Public Economics at the Austrian Institute of Economic Research (WIFO), Vienna, Austria, and extraordinary professor at the University of Stuttgart- Hohenheim, Germany. The focus of his recent research is on the formation of individual attitudes towards economic policies, and on the relationship of economic freedom, social trust and individual life satisfaction. Further research interest includes the determinants of institutional reforms and the analysis of fiscal policies and budgetary institutions. Presenter: Alfons J. Weichenrieder did his doctorate in Munich. Since 2002, he teaches Public Finance at Goethe University Frankfurt. Since 2010, he also holds a part-time guest professorship at WU, Vienna. Member of the CESifo Research network, the Scientific Council of MaTax (Mannheim), and the Scientific Council at the German Ministry of Finance, he acts as managing editor of the oldest journal in public finance, FinanzArchiv/Public Finance Analysis, and is an associate editor of International Tax and Public Finance. His current research concentrates on topics in international taxation and on the architecture of fiscal policy in Europe.

5 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios Presenter: Hansjörg Blöchliger is Senior Economist at the OECD Economics Department and Head of the OECD Fiscal Network. From 2003 to 2005 he was Deputy Director in a Swiss-based economic research institute. His main interest is Public Finance, Regional Economics and Network Industries. During the 1990s, he contributed to the works of an expert group on a comprehensive fiscal federal reform in Switzerland. He holds a master degree of the University of Zürich and a PhD of the University of Basel, Switzerland. Presenter: Friedrich Heinemann, Prof. Dr., is head of the department "Corporate Taxation and Public Finance" at the Centre for European Economic Research (ZEW) in Mannheim as well as professor of economics at the University of Heidelberg. He studied economics and history at the University of Münster, the London School of Economics and the University of Mannheim. He received his Ph. D. from the University of Mannheim and his postdoctoral degree ("Habilitation") from the University of Heidelberg. His research interests are empirical public finance with a special focus on issues of European integration, fiscal federalism, taxation and fiscal policies. 10:00-11:15 Session 1B Chair: Danuše Nerudová, Ph.D., is head of the Department of Accounting and Taxes, Faculty of Economics and Business, Mendel University Brno, Czech Republic; she is also a researcher at the Research Center of Faculty of Economics and Business, Mendel University Brno, Czech Republic. She is partner in the FairTax project. Discussant: Angela Köppl, Dr. in Economics from the University of Vienna completed her post graduate studies in economics Institute for Advanced Studies (IHS) in Vienna in 1987, until 1991 she was research member of the Department of Economics at the IHS. Since 1992 she is senior researcher at the Austrian Institute of Economic Research (WIFO) in Environmental Economics. At WIFO she was appointed twice as deputy director. She was visiting scholar at the Massachusetts Institute of Technology/ Cambridge. She is board member of the Austria chapter of the Club of Rome and the Austrian Economic Association. She was board member of the Austrian Climate Change Center during the founding period. Her key areas of research are economics of climate change and climate policy, transformation of the energy system, and incentive-based instruments in environmental economics. Discussant: Jacques Le Cacheux, is Professor of Economics (since 1996) at the Université de Pau et des Pays de l'adour and Scientific Adviser at the Département des études, Observatoire français des conjonctures économiques (OFCE), Paris. From he was member of the Expert Panel at TAXUD (European Commission) for studying Corporate income taxation in the EU and from member of the European research network EUROMOD, financed by the TSER programme of the European Commission. Presenter: Fanny Dellinger is project staff member at the Austrian Institute of Economic Research. She has been working for the WWWforEurope project and is currently involved in the FairTax project. In 2015 she studied at Economics at Paris Sorbonne-Panthéon, currently she is finishing a master s program in Economics at the University of Vienna.

6 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios Presenter: Michael Thöne, Dr., studied Economics and Political Sciences at the University of Cologne and at the Trinity College, University of Dublin. Since 2005, he is the Managing Director of the FiFo Institute of Public Economics at the University of Cologne. His research in public finance covers revenue-side and expenditure-side topics alike; currently with a strong focus on fiscal federalism and regional governance. He has been working as a scientific policy consultant for more than 20 years, inter alia with ten federal ministries in Germany, state governments and parliaments, and local government. Outside Germany, he worked with several European governments, EU institutions, the OECD and the WTO. Presenter: Margit Schratzenstaller is a Senior Researcher (Public Finances) at the Austrian Institute of Economic Research (WIFO) since April Since January 2016 she is deputy director at WIFO. She holds university degrees from the University of Gießen, Germany and the University of Wisconsin Milwaukee/USA and a PhD from the University of Giessen. She is expert in the Austrian Fiscal Council and member of the Board of Trustees of the European Forum Alpbach and teaches at the University of Vienna. She was deputy coordinator of the FP7 EU project WWWforEurope and is partner in the H2020 project FairTax. Her field of expertise covers (European) tax and budget policy, tax competition and harmonization, fiscal federalism and gender budgeting. 11:15-11:30 COFFEE BREAK 11:30-12:45 Session 2A Chair: Claus Staringer received his legal education at the University of Vienna as well as at WU. He is the author of a number of articles and publications. He is a professor of tax law at WU. Since 1997, he is admitted as tax adviser (Steuerberater). He is a principal consultant with the law firm Freshfields Bruckhaus Deringer in Vienna. Discussant: Anna Iara has been a staff member of the European Commission since 2009, having been in charge of economic policy analysis and coordination of fiscal policy, macroeconomic adjustment programmes, taxation, and economic governance in the Directorates- General for Economics and Finance and Taxation and Customs Union respectively and the Secretariat-General at present. Before joining the Commission, she was a research economist at the Vienna Institute for International Economic Studies and the Center for European Integration Studies (Bonn). Anna holds a doctoral degree in economics from the University of Bonn and masters' degrees in economics (Central European University) and geography (Bonn). Her publications cover issues of public finance, European integration, labour markets and migration, regional economics, and economics of transition. Discussant: Ann Mumford specialises in tax law, fiscal institutions and equality. The scope of Ann s published work has ranged from feminist perspectives on taxation law; to, as a contributor to the new fiscal sociology movement, the integration of tax legal scholarship into the realm of economic sociology. In teaching, Ann has extensive experience as course convener and programme director of undergraduate and post-graduate degrees in commercial law, tax law, and law and accounting. She has overseen the production and delivery of LLB, LLM and MSc courses at Queen Mary, the London School of Economics, and Cardiff University. Additionally, Ann has served as the British Council s visiting chair in Gender Studies at the University of Complutense, Madrid. Ann graduated with a BA in English Literature (Columbia), a JD (Connecticut) and a PhD (Cardiff). Ann regularly supports non-governmental organizations working to further women s economic equality, and works with scholarly organizations to support socio-legal research in the law of taxation. She is partner in the FairTax project.

7 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios Presenter: Veronika Solilová works as the research assistant and lecturer at the Faculty of Business and Economics at the Mendel University in Brno, Department of Accounting and Taxes. Her expertise is in the field of international taxation, tax harmonization, transfer pricing issues, financial transaction taxes, environmental taxes and CCCTB. Currently she leads the project Small and medium size enterprises in global competition: Development of specific transfer pricing methodology reflecting their specificities. Further, she is also a participant of the project H2020 EU project FairTax. Presenter: Michael J. Randall, has recently been appointed as a lecturer in Financial Law at the University of Strathclyde, having completed a PhD at the University of Leeds. His research interest concerns the regulation of the financial sector through forms of taxation, with his thesis focusing on the adoption of the European Commission s proposed Financial Transaction Tax through flexible forms of legal integration. Presenter: Dorothea Schäfer, Dipl.-Vw., Dr. rer. Pol., habilitation in business administration, Research Director of financial markets at the German Institute for Economic Research (DIW Berlin), Associate Professor at Jönköping University/Jönköping International Business School (Economics). She gave expert testimony for the Finance Committee of the Deutsche Bundestag and for the Project Group IV "Nachhaltig gestaltende Ordnungspolitik" of the Enquete-Kommission "Wachstum Wohlstand Lebensqualität". In 2001 Schäfer and her coauthor Franz Hubert received the Best Paper Award of the German Finance Association and 2002 the Best Paper Award of DIW Berlin. Main research fields: financial crisis and regulation, financing constraints, start-up finance, gender and financial markets. Presenter: Alexander Krenek is a student of Economics, History and Mathematics at the University of Vienna. He is currently working on the EU H2020 project FairTax ( ) at the Austrian Institute of Economic Research. 11:30-12:45 Session 2B Chair: Rupert Sausgruber is an Austrian economist. He studied at the University of Innsbruck and at the Institute of Advanced Studies (IHS) in Vienna. He was visiting researcher at a range of foreign institutions and, , Associate Professor of Economics at University of Innsbruck. As of 2013, he is Professor of Public Economics at the Vienna University of Economics and Business. His research is in the fields of public and behavioral economics. Discussant: Jorge Núñez Ferrer, Dr., is an associated research fellow with the Centre for European Policy Studies (CEPS) and a visiting lecturer at the Central European University in Budapest. He is a specialist on the EU Budget and has worked on it as Commission official and consultant to various member states and EU institutions. He has recently led the team drafting the independent report on Own Resources for the High Level Group led by Mario Monti. Discussant: Margit Schratzenstaller is a Senior Researcher (Public Finances) at the Austrian Institute of Economic Research (WIFO) since April Since January 2016 she is deputy director at WIFO. She holds university degrees from the University of Gießen, Germany and the University of Wisconsin Milwaukee/USA and a PhD from the University of Giessen. She is expert in the Austrian Fiscal Council and member of the Board of Trustees of the European Forum Alpbach and teaches at the University of Vienna. She was deputy coordinator of the FP7 EU project WWWforEurope and is partner in the H2020 project FairTax. Her field of expertise covers (European) tax and budget policy, tax competition and harmonization, fiscal federalism and gender budgeting. Presenter:, Professor, studied at the University of Economics in Bratislava and at Vienna's Institute for Advanced Studies and University of Technology. He worked as a professor at the University of Economics and Business in Vienna, Head of Department of Quantitative Economics and since 2011, he has been professor and Head of the Department of Economic Policy at the University of Economics in Bratislava, Dean of the Faculty of Economics and Director of the Institute for Industrial Research (IWI) in Vienna. Professor editorial boards, as well as being a referee for academic journals.

8 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios Presenter: Pierre Kohler is an Economic Affairs Officer at UNDESA, currently on a sabbatical, his research focuses on sustainability, redistributive policies as well as on global macroeconomic models applied to trade and fiscal policy. At UNDESA, he first was a member of the modeling and forecasting team, where he was responsible for the Middle East and for the analysis of commodities and trade in the World Economic Situation and Prospects. He also performed research on inequality and environmental sustainability for the World Economic and Social Survey. Previously, at UNECE, he worked on trade facilitation and regulatory harmonization. Pierre earned a PhD summa cum laude in economics from the Graduate Institute of International and Development Studies in Geneva, Switzerland. Presenter: Viliam Palenik is a Senior Research at the Institute of Economic Research of the Slovak Academy of Sciences since His main duties include evaluation of, research of and advices on macroeconomic policy, employment, inclusion strategies and programmes. is the author or co-author of dozens of scientific articles in the field of economic modelling and empirical analyzes. Apart from his job in the Slovak Academy of Sciences, he is president of Employment Institute in Bratislava, member of presidium of Slovak society for operational research and econometrics and member of committee of Slovak statistical and demographic society. In the past he was member of the European Economic and Social Committee and teacher at the Comenius University in Bratislava. He also participated or participates on projects by the Ministry of Labour, Social Affairs and Family, Ministry of Finances, National Bank of Slovakia, World Bank, and European Commission (ACE Phare, AHEAD, FP7, Firstrun Horizon 2020). Presenter: Marian Dobranschi, PhD., has graduated the Doctoral School of Economics, "Alexandru Ioan Cuza" University, Iasi, Romania in Since 2013, he has been employed on a postdoctoral research position at the Department of Accounting and Taxation, Faculty of Business and Economics, Mendel University of Brno, Czech Republic. His research topic was the carbon taxation on businesses in the European Union. Currently, Marian Dobranschi is working on a research position for the FairTax Project of the framework for the research and innovation H2020-EURO /H2020-EURO- SOCIETY-2014 ( ). His topic of research in this project is the tax system sustainability and the sustainability of EU Budget own resources. 12:45-13:45 Policy Panel Iveta is a professor of sociology at BISLA. She is special advisor to the EU-Commissioner for Justice, Consumers and Gender Equality. She served as Prime Minister of the Slovak Republic from 2010 to As the Vice-Chairwoman of the Slovak Christian Democratic Union Democratic Party (SDKÚ-DS) she has been responsible for social affairs and healthcare since In former positions, she served as deputy Chairman of the Parliamentary Committee on Social Affairs and Housing at the Slovak National Parliament ( ), as Minister for Labour and Social Affairs of the Slovak Republic ( ), as Minister of Defence of the SR ( ) and as an expert for social policy at the European Commission in European projects focusing on the coordination of social security systems and exchanging information about Member State s social policies (MISSOC, TRESS, FRESCO). In 1992, she founded the non-profit Social Policy Analysis Centre, which she headed until being appointed Director of the Slovak Academy of Science s Institute of Sociology in She has taught as a visiting professor at universities in European countries and in the the Media and Democracy in Central and Eastern Europe project at Oxford University in 2013 and was a Richard von Weizsäcker Fellow of the Robert Bosch Academy in She is a member of the World Leadership Alliance Club de Madrid and the Council of World Women Leaders. Mario Monti is President of Bocconi University. Since February 2014 he has been Chairman of the High-level Group on Own Resources of the European Union. He was Prime Minister of Italy (November 2011-April 2013) and Minister of Economy and Finance (November 2011-July 2012). In November 2011 he was appointed Senator for life by the President of the Italian Republic, Giorgio Napolitano. He served for ten years as a member of the European Commission, in charge of the Internal Market, Financial Services and Tax Policy ( ), then of Competition ( ). Born in Varese, Italy, in 1943, he graduated from Bocconi University and pursued graduate studies at Yale University. Hans Jörg Schelling is Minister of Finance of the Republic of Austria since September Before heading the Ministry of Finance, Mr. Schelling served from as Chairman of the Managing Board of the Association of Austrian Social Security Institutions. In addition, among others, he also served as Chairman of the Supervisory Board of the Austrian Social Security Pension Fund from and as Chairman of the Supervisory Board of Volksbanken AG from 2012-

9 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios Mr. Schelling has extensive private sector experience. From he served as Managing Director for XXXLutz (one of the major retail furniture companies in Austria) and from as Managing Director for XLA GmbH. He was also a Member of the Supervisory Board of XXXLutz from Earlier in his career, he worked as a University Assistant at the Department of Trade, Sales and Marketing at the University of Linz. Mr. Schelling graduated in Business Administration and earned a doctoral degree, both at the University of Linz. Heinz Zourek, studied Economics at the University of Vienna. After leading positions in the Chamber of Labour in Vienna and at the Confederation of Austrian Trade Unions he became a Member of the College of the EFTA Surveillance Authority in Since 1995 until his retirement in 2016 he held several positions at the European Commission, first as Deputy Director General of DG Internal Market, then as Deputy Director General of DG Enterprise and Industry and finally as Director General of Directorate General for Taxation and Customs. Currently, Heinz Zourek is consultant to Commissioner Moscovici for European FTT negotiations. Moderator: Eric Frey is an Austrian publicist and political scientist. He works as an editor for the Austrian newspaper Der Standard and is correspondent for the London business paper Financial Times. 13:45-14:45 LUNCH BREAK 14:45-16:00 Session 3A Discussant: Ann Mumford specialises in tax law, fiscal institutions and equality. The scope of Ann s published work has ranged from feminist perspectives on taxation law; to, as a contributor to the new fiscal sociology movement, the integration of tax legal scholarship into the realm of economic sociology. In teaching, Ann has extensive experience as course convener and programme director of undergraduate and post-graduate degrees in commercial law, tax law, and law and accounting. She has overseen the production and delivery of LLB, LLM and MSc courses at Queen Mary, the London School of Economics, and Cardiff University. Additionally, Ann has served as the British Council s visiting chair in Gender Studies at the University of Complutense, Madrid. Ann graduated with a BA in English Literature (Columbia), a JD (Connecticut) and a PhD (Cardiff). Ann regularly supports non-governmental organizations working to further women s economic equality, and works with scholarly organizations to support socio-legal research in the law of taxation.she is partner in the FairTax project. Discussant: Inge Kaul is an independent consultant on global policy studies, adjunct professor, Hertie School of Governance, Berlin and the former Director of the Offices of the Human Development Report and Development Studies at the United Nations Development Programme (UNDP), New York. She has published widely on issues of global governance and international cooperation and is the lead editor of Providing Global Public Goods; Managing Globalization and The New Public Finance; Responding to Global Challenges (OUP: New York, 2003 and 2006, respectively), co-author of the Governance Report 2013 (OUP: Oxford, 2013) and editor/co-author of Global Public Goods (EE: Cheltenham, 2016, forthcoming). Her current research focuses on global public economics and finance. Discussant: Edith Peters joined the Ministry of Finance in 1992, and has been heading the unit EU-Finances since 2008, prior to this she was deputy head for a couple of years. Specialised in own resources she represented AT in the specific EU-council working groups and participated in negotiating the multiannual financial frameworks since Austrians EU-Membership. She studied commercial science at the Vienna University of Economics and Business as well as Public Administration at the Collège d Europe in Bruges.

10 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios Discussant: Dirk H. Kranen, German Federal Ministry of Finance, Head of Division EU Budget and Finance. The unit Mr. Kranen leads negotiates the EU-Budget and the own-resources decisions for the German government. With roughly 30 billon per year, Germany is the biggest contributor to the EU-Budget. Dirk H. Kranen has initiated academic research in the field of the own resource system, which has come to the very clear conclusion that the introduction of an EU-Tax is not possible within current European primary law. Furthermore, an EU-Tax would destabilize and not improve the current system. Commission, she was a research economist at the Vienna Institute for International Economic Studies and the Center for European Integration Studies (Bonn). Anna holds a doctoral degree in economics from the University of Bonn and masters' degrees in economics (Central European University) and geography (Bonn). Her publications cover issues of public finance, European integration, labour markets and migration, regional economics, and economics of transition. Presenter: Gabriele Cipriani joined in 1978 the European Court of Auditors where he has spent his whole career holding several managerial positions, lastly as Director of the Audit Chamber responsible for Structural Policies, Transport & Energy. Gabriele is the author of publications on various aspects of EU finances. His core research interests focus on the reform of the EU budget and its accountability arrangements. Presenter: Giacomo Benedetto holds the Jean Monnet Chair in EU Budget Policy at Royal Holloway, University of London. Previously he held a lectureship at the University of Manchester and he gained a PhD on the European Parliament from the London School of Economics. He is co-editor of European Union Budget Reform (Palgrave 2012) and associate editor of the European Journal of Government and Economics. He has published research on the EU budget, the European Parliament, the British Parliament, and Euroscepticism in international peer-reviewed journals. He has provided input on the EU Budget to the Budgets Committee of the European Parliament and to the EU s High Level Group on Own Resources. Presenter: Jorge Núñez Ferrer, Dr., is an associated research fellow with the Centre for European Policy Studies (CEPS) and a visiting lecturer at the Central European University in Budapest. He is a specialist on the EU Budget and has worked on it as Commission official and consultant to various member states and EU institutions. He has recently led the team drafting the independent report on Own Resources for the High Level Group led by Mario Monti. Presenter: Anna Iara has been a staff member of the European Commission since 2009, having been in charge of economic policy analysis and coordination of fiscal policy, macroeconomic adjustment programmes, taxation, and economic governance in the Directorates- General for Economics and Finance and Taxation and Customs Union respectively and the Secretariat-General at present. Before joining the

11 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios 14:45-16:00 Session 3B Chair: Margit Schratzenstaller is a Senior Researcher (Public Finances) at the Austrian Institute of Economic Research (WIFO) since April Since January 2016 she is deputy director at WIFO. She holds university degrees from the University of Gießen, Germany and the University of Wisconsin Milwaukee/USA and a PhD from the University of Giessen. She is expert in the Austrian Fiscal Council and member of the Board of Trustees of the European Forum Alpbach and teaches at the University of Vienna. She was deputy coordinator of the FP7 EU project WWWforEurope and is partner in the H2020 project FairTax. Her field of expertise covers (European) tax and budget policy, tax competition and harmonization, fiscal federalism and gender budgeting. Discussant: Stefanie Knoth studied Economics in Bochum and Bremen. She started her career as lecturer for statistics at the Hochschule of Bremen/Germany and worked for the Federal Statistical Office in Wiesbaden/Germany. In 1996 she joined the German Federal Ministry of Finance (BMF) in Berlin where she worked as economist in the divisions "EU budget and own resources, Tax revenue analysis and forecasting and Fiscal Impact assessment. After two years in Brussels within the GD Taxation and Customs Union of the EU Commission she is currently senior economist and deputy head of the division Tax Policy at the BMF, Berlin. In this capacity she serves as vice chairperson of the OECD Working Party tax policy analysis and tax statistics" in Paris. Discussant: Friedrich Heinemann, Prof. Dr., is head of the department "Corporate Taxation and Public Finance" at the Centre for European Economic Research (ZEW) in Mannheim as well as professor of economics at the University of Heidelberg. He studied economics and history at the University of Münster, the London School of Economics and the University of Mannheim. He received his Ph. D. from the University of Mannheim and his postdoctoral degree ("Habilitation") from the University of Heidelberg. His research interests are empirical public finance with a special focus on issues of European integration, fiscal federalism, taxation and fiscal policies. Presenter: Luca Cerioni, Dr., is currently Lecturer in Tax Law at the School of Law, University of Edinburgh. His main research interests lie in the areas of international tax law and EU tax law and policy, where he has been publishing extensively. He carried out a governmental grantwinning research project on "EU tax law between tax sovereignty of Member States and proper functioning of the internal market: a solution to reconcile different but equally necessary goals". Among other publications, he authored the two books "EU corporate law and EU company tax law" (2007) and "The European Union and Direct Taxation: A solution for a difficult relationship" (2015). Presenter: Jonathan Pycroft, Dr., is an economist in the Fiscal Policy Analysis Unit in JRC-Seville (European Commission). Recent work has involved the use of microsimulation models to analyse housing taxation and the co-creation of the EUROMOD-JRC Interface. He currently focuses on corporate taxation using the CORTAX applied general equilibrium model. Previously he worked on climate change economics also at JRC-Seville, and prior to this, his work focused on African economies spending time based in Lesotho, Ethiopia and Zambia, working in the areas of foreign aid, international trade, agriculture and tax policy. Presenter: Diego d'andria is Economic Analyst at the European Commission's Joint Research Centre in Seville (Spain), within the unit "Fiscal Policy Analysis" where he works on corporate taxation and profit shifting activities of multinational companies. He studied economics and business administration at Federico II University of Naples (Italy) and obtained his Ph.D. from the research training group GK EIC jointly from the Max Planck Institute of Economics and the University of Jena (Germany). In the past he worked at the University of Jena (Germany) and at LUISS University of Rome (Italy), and previously as professional tax and business advisor for large companies. His main research interests are in the fields of taxation, innovation policy, information economics, and shadow economy. Presenter: Danuše Nerudová, Ph.D., is head of the Department of Accounting and Taxes, Faculty of Economics and Business, Mendel University Brno, Czech Republic; she is also a researcher at the Research Center of Faculty of Economics and Business, Mendel University Brno, Czech Republic. She is partner in the FairTax project.

12 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios 16:15-17:30 Session 4A Chair: Fritz Breuss is Jean Monnet Professor for Economics of European Integration and since 2009 emeritus professor of international economics at the Vienna University of Economics and Business (WU). He was an economist at the Austrian Institute of Economic Research (WIFO) in Vienna. PhD study in economics at the University of Vienna. Presently he is project leader of the Research Centre International Economics (FIW) and Managing Editor of Empirica Journal of European Economics. Key areas of interest: European integration. Discussant: Dorothea Schäfer, Dipl.-Vw., Dr. rer. Pol., habilitation in business administration, Research Director of financial markets at the German Institute for Economic Research (DIW Berlin), Associate Professor at Jönköping University/Jönköping International Business School (Economics). She gave expert testimony for the Finance Committee of the Deutsche Bundestag and for the Project Group IV "Nachhaltig gestaltende Ordnungspolitik" of the Enquete-Kommission "Wachstum Wohlstand Lebensqualität". In 2001 Schäfer and her coauthor Franz Hubert received the Best Paper Award of the German Finance Association and 2002 the Best Paper Award of DIW Berlin. Main research fields: financial crisis and regulation, financing constraints, start-up finance, gender and financial markets. Discussant: Sandor Richter is research economist at WIIW, the Vienna Institute for International Economic Studies. His research focuses on the EU budget, new EU Member States, EU enlargement, regional economic integration of the Visegrad countries and East-West economic integration. He is also country expert of Hungary. Presenter: Kai A. Konrad is Director at the Max Planck Institute for Tax Law and Public Finance and a Scientific Member of the Max Planck Society. He was a Full Professor of Economics at the Freie Universität Berlin ( ) and concurrently a Director at the Wissenschaftszentrum Berlin für Sozialforschung ( ). He is a Co-editor of the Journal of Public Economics. He is member of the German National Academy of Sciences Leopoldina and of several other science academies. He is a member of the Council of Scientific Advisors to the Federal Ministry of Finance and was the chairperson of this Council from Presenter: Niki Pomper is project staff member at the Austrian Institute of Economic Research for the FairTax project. After his Bachelor of Science Economics at the University Vienna he is currently attending the program Master of Public Economics at Free University of Berlin. Presenter: University of Economics and Business (Poland), research areas: public finance, taxes, European Union budget and tax policy, fiscal federalism, global public finance, sustainable development economics. Lecturer at many European universities (Vienna University of Economics and Business Administration, Turku Politechnic, Stockholm School of Economics in Riga, University of Alicante, West University of Timisoara and other). Member of International Institute of Public Finance and International Network of Economic Research. Expert in area of European Union projects. Presenter: Kurt Kratena is director of the Centre of Economic Scenario Analysis and Research (CESAR), consultant at the Austrian Institute of Economic Research (WIFO), and lecturer at Austrian and Spanish universities. His primary research interests are macroeconomic input-output (IO) modeling, applied to energy-environment policy and to labor market issues. Dr. Kratena earned the Ph.D. in economics from the Vienna University of Economics and Business Administration in 1988.

13 FairTax Conference September 19 th, 2016 Short bios FairTax Conference September 19 th, 2016 Short bios 16:15-17:30 Session 4B Chair: Kurt Bayer, studies in law, international relations and economics; researcher and member of management at Austrian Institute of Economic Research; deputy director general at Austrian Ministry of Finance; executive director at the World Bank and the European Bank for Reconstruction and Development; at present member of Supervisory Board of the Austrian Development Bank, Emeritus Consultant at WIFO, publicist. Discussant: Danuše Nerudová, Ph.D., is head of the Department of Accounting and Taxes, Faculty of Economics and Business, Mendel University Brno, Czech Republic; she is also a researcher at the Research Center of Faculty of Economics and Business, Mendel University Brno, Czech Republic. She is partner in the FairTax project. BA in Economics from the University of Buenos Aires (UBA). Presenter: Alfredo de Feo, former Director at the European Parliament, Budgetary affairs, Library, Archives, Transparency is currently Visiting Fellow at the Robert Schuman Centre for Advanced Studies, European University Institute, Florence. Professor at European College of Parma, Italy (European Public Finance) and Professor at the joint Master Program in Parliamentary Procedures and Legislative Drafting (EUPADRA) (LUISS, Rome) (The European Parliament in the Composite European Constitution). His domains of research focus on the role of EU Institutions in the integration process, in particular of the European Parliament and the European Finances, in particular the role and impact of the budget on EU integration and policies, history of the European integration and the organization of Institutions. 17:30 End of Conference Discussant: Petr Zahradník, economist and EU economic policy strategic analyst. He is Member of the European Economic and Social Committee (EESC), an EU advisory body, and Adviser to the President of the Czech Chamber of Commerce. He has spent more than 20 years in business sector, mostly in finance (Erste Group Bank, PPF Group, Brussels). He is a member of the high-level expert group EuroTeam, affiliated with DG ECFIN of the European Commission. In , he was the member of the National Economic Council of the Government of the Czech Republic (NERV). Presenter: Klaus Röhrig is a Research and Policy Assistant at Green Budget Europe, an expert platform on environmental fiscal reform. He has worked in projects dealing with greening the European Semester and sustainability-oriented EU own resources. He has studied European Studies in Constance, Grenoble and Maastricht. After a traineeship in the policy department for budgetary affairs in the European Parliament and an internship at the political unit of Greenpeace Germany he joined Green Budget Europe in Presenter: Agustin Redonda is a fellow with the Council on Economic Policies, Zurich, where he focuses on fiscal policy. Prior to that he has been a research and teaching assistant with the Economics Department (IdEP) of the University of Lugano (USI). He also worked with the OECD, as well as for the Ministry of Labour, Employment and Social Security (MTSS) in Argentina. Dr. Redonda holds a PhD in Economics, a MSc in Economics from University Paris I - Panthéon Sorbonne, a MSc in Economics from University Paris - Est Créteil, and a

14 FairTax Conference September 19 th, 2016 List of Abstracts Presenter Session 1A Title Abstract Weichenrieder Alfons (University of Frankfurt), Vilen Lipatov Blöchliger Hansjörg (OECD), Jaroslaw Kantorowicz Heinemann Friedrich (ZEW) The Subsidiarity Principle as a Guideline for Financing the EU Budget The Fiscal Constitution of the European Union: An Empirical Assessment Strategies for a European EU Budget From an economic point of view, the principle of subsidiarity may be filled with economic substance by building on Oates decentralization theorem and the theory of fiscal federalism. So far, the decentralization theorem has been predominantly applied to discuss the allocation of assignments on the expenditure side of the budget. However, the notion that underlies the theorem, namely that centralization of a policy leads to excess uniformity, seems even more convincing when taxes are considered rather than expenditures. The paper discusses the implications of an application of a decentralization theorem of taxation for the financing of the EU budget. It also critically discusses the frequent claim that the introduction of a new EU own resource or a genuine EU tax could change the composition of EU expenditures. Fiscal constitutions comprise the set of rules and frameworks guiding fiscal policy that are enshrined in a country s fundamental laws. This paper compares empirically the fiscal constitutions of 15 federal countries with the arrangements that shape fiscal relations between the European Union and its member countries. Fiscal constitutions can be ranked along two indicators, namely constitutionally guaranteed decentralisation and institutional coherence which measures the extent to which the elements of the institutional set up fit together. The fiscal constitution of the European Union is decentralised yet quite incoherent. This incoherence relies on an unusual mix of the models of competitive and collaborative federalism, with large fiscal autonomy of the member states combined with strict EU budget oversight. Simple correlations suggest that institutional incoherence is associated with higher deficits, higher debt or vulnerability to crises, suggesting that the current European fiscal framework is structurally prone to fiscal imbalances. Since incoherence is a feature of the fiscal constitution as a whole, institutional reform requires a holistic approach. This contribution shares the consensus that current spending priorities of the EU budget con-tradict principles of an efficient federal assignment of competencies. However, it contests the popular view that innovations to the revenue side are key to correct the underlying budgetary disincentives. Instead, it recommends precisely targeted reforms which increase the relative attraction of European public goods (EPG) over local spending projects. For that purpose, it proposes strategies which make the benefits of EPG more visible, increase the costs of local goods relative to EPG or strengthen those actors in the budgetary process who have a less parochial perspective. Presenter Session 1B Title Abstract Fanny Dellinger (WIFO), Margit Schratzenstaller Sustainability-oriented EU Taxes: A European Nuclear Power Tax We discuss the rationale for introducing a European Nuclear Power Tax. Our considerations are based on an analysis of the social costs of NP and of potential windfall profits. External costs due to accident risks are not internalized. At the same time EU policies such as carbon prizing and the fostering of long term operation of

15 FairTax Conference September 19 th, 2016 List of Abstracts NPPs will result in windfall profits for the nuclear industry. We propose a flexible tax rate based on the current knowledge of external costs and windfall profits. Thöne Michael (University of Cologne) Schratzenstaller Margit (WIFO), Alexander Krenek Transferring Taxes to the Union: The Case of European Road Transport Fuel Taxes Sustainability-oriented EU Taxes: A European Carbon-based Flight Ticket Tax The only possible taxes foreseen by the EU treaties so far are provisions primarily of a fiscal nature in environmental policy (art 192 TFEU). Among potential environmental taxes, levies for road traffic and transport are credible candidates for an EU tax. With a focus on excises on gasoline and diesel, the paper models an EU fuel tax as a means of financing the European Union. Here, our main interest lies in the transfer of such a tax from the Member States to the Union. We identify an incongruity of centralisation: Because of environmental and fiscal externalities and on account of harmonisation failure, the taxation of diesel and gasoline appears as a resource particularly attractive for centralisa-tion. But just these taxes are particularly difficult to transfer because the necessary compensation for the Member States regularly exceeds the tax revenue. Taxing the aviation sector at the EU level and using the resulting revenues to reduce Member States contributions to finance the EU budget presents itself as a huge opportunity not only to decrease carbon emissions effectively, but also to reform the EU system of own resources. The aviation sector is a small but fast growing emitter of carbon dioxide. The failed attempts of several EU Member States to introduce a flight ticket tax and the pressure on those EU Member States still levying such a tax clearly demonstrate the limits of national aviation taxation. Assigning any kind of taxes on flight tickets to the EU level would greatly reduce the tax enforcement problems inherent to mobile tax bases and put a stop to harmful tax competition between EU Member States. A double dividend, consisting of a reduction of CO2 on the one side and a boost for the economy on the other side, is a likely scenario if additional tax revenues are spent in the right way. Therefore, in this paper it is proposed that all revenues from a European carbon-based ticket tax should be used to reduce contributions of Member States to the EU budget. This would allow national governments to reduce taxes more harmful for growth and employment, in particular the high tax burden on labour. Given the current political and legal situation a European carbon-based ticket tax has better chances of implementation compared to a tax on aviation fuel and is therefore a financial instrument which could foster sustainable growth in the very near future. The paper estimates the expected revenue from implementing a carbon-based flight ticket tax at the EU level and revenue distribution across EU Member States. In particular, we propose that every passenger departing from an airport within the EU and every passenger arriving from outside the EU at an EU-based airport is subjected to this new carbon tax which is calculated individually for every route flown. The paper uses a new and very exact data set, which (depending on the country) assigns to approximately 75% to 90% of the respective intra and extra EU routes flown in the year 2014 the corresponding carbon dioxide emissions per passenger (using the ICAO methodology). Based on the demand elasticities provided by IATA (2007), we are thus able to exactly calculate the tax revenues per passenger per route that could have been generated in 2014

16 FairTax Conference September 19 th, 2016 List of Abstracts Presenter Session 2A Title Abstract by introducing a carbon-based flight ticket tax in the EU. Solilová Veronika (Mendel University Brno), Danuše Nerudová Randall Michael J. (University of Strathclyde) Schäfer Dorothea (DIW) Sustainability-oriented EU Taxes: A European Financial Transaction Tax The EU s Financial Transaction Tax as an Own Resource Distributional Effects of Taxing Financial Transactions and the Low Interest Rate Environment The EU budget on its own represents only approximately 2% of overall public spending in the EU and 1% of EU Gross National Income. The revenue of the EU budget consists of the traditional own resources, the VAT-based resource, the GNI-based resource, and other revenue. The substantial part of the EU budget is associated with the objective to reach smart, sustainable and inclusive growth. Responsibility for delivering the Europe 2020 strategy is shared between the EU and its 28 Member States. Currently, the discussion about the possible taxation of the financial sector has opened a question whether the Financial Transaction Tax (FTT) can be used as a new resource of the EU budget. To research a FTT revenue potential, the model based on surcharge system was designed. The system expects full or partial replacement of VAT-base own resource (resp. GNI-based own resource) by the transfer of tax revenues from FTT raised on national level to the EU budget. Further the FTT revenue potential was based on the analysis of the several variants with different values of variables. The research revealed that the introduction of the FTT would be able to fully replace GNI-based own resource and VAT-based own resource only in case of some EU Member States. Therefore we recommend considering the FTT only as a contribution to the current own resources of the EU budget or as its partial replacement. In September 2011 the European Commission published its Proposal to adopt a Financial Transaction Tax across the European Union designed to curb speculative trading in financial markets in order to attain sustainable economic growth. At the same time revenue would be collected from financial institutions by national treasuries. To date this Proposal has not been adopted. In part this is due to misgivings about the purpose of the tax due to the manner in which the tax has been reported throughout its development and in the wider context of introducing financial regulation. This paper is based on the principle that more regulation is necessary to reform the risk taking culture of the financial sector and that in mis-labelling and misrepresenting a measure it can lead to a lack of support from governments and institutions, at cost to the wider public. This paper seeks to distinguish these different provisions and examines how in financial regulation matters applying the theory of public goods more overtly throughout the process over financial rewards can encourage a greater degree of cooperation for public benefit. The study aims to assess the distributional effects of taxing financial transactions including a focus on gender. It specifically investigates the impact of the low interest rate environment on tax revenues and distribution. The first part of the study is explorative, aiming to develop a concept for the assessment. This is because the role of low or even negative interest rates is not yet specifically considered in the context of FTT. In the second part, the challenge is to find appropriate data for European countries in order to assess distributional effects. The study also highlights the existing data gaps that prevent a long-term evaluation of FTT with regard to tax

17 FairTax Conference September 19 th, 2016 List of Abstracts revenues, impact,and distributional consequences. Krenek Alexander (WIFO), Margit Schratzenstaller Sustainability-oriented EU Taxes: A European Net Wealth Tax The increase of wealth inequality in many EU countries has spurred interest in taxes on net wealth tax, which currently can be found in very few European countries only. After reviewing the most important arguments in favour of wealth taxation the paper gives an overview of the current situation with regard to wealth-based taxes in Europe in general and net wealth taxes in particular. We then elaborate arguments in favour of assigning an EU-wide net wealth tax to the EU level as a sustainability-oriented own EU tax to fund the EU budget. Finally the revenue potential of a European net wealth tax for 15 eurozone countries for which the required data are available from the European Central Bank s Household and Consumption Survey (HFCS) is estimated. Presenter Session 2B Title Abstract Luptáčik Mikuláš (University of Bratislava), Peter Luptáčik Kohler Pierre (UN) Analysis and Quantification of a New Fiscally Neutral European Tax Overcoming the EU Sustainability Crisis: Tax Options for Sustainable Development in a Stronger Union The present study contributes to the discussion on the new European tax or fee, which would be based on taxing end consumption (taxing the products and not the production) according to how much CO2 is emitted during the production of particular commodities, irrespective of whether all or a part of this process takes place inside or outside the EU. The analysis is based on the input-output model, which provides an appropriate and unique approach for measuring the total CO2 content of the various commodities taking the entire production chain into account. The calculation by products can be the basis for the estimation of product specific CO2 taxes. The model calculations based on the Input- Output Table for the EU-27 for the year 2011 leads to the tax rate of EUR per tonne of CO2 emissions, which could have generated fiscal revenue in the amount of 1% of EU GDP. In line with the principle of fiscal neutrality, a reduction of the labour costs by % could compensate the introduction of a CO2 tax by the amount of EUR per tonne of CO2. The results for different Member States differ significantly from the "European average". This paper proposes to examine options for an EU tax as an EU own resource in light of the concept of sustainable development that the United Nations has been promoting over the past decades. Acknowledging the imperative of building up EU own resources to overcome the risk of stalling an incomplete European integration process, it argues that options for an EU tax must uphold and strengthen the key principles laid down in the definition of sustainable development that promote structural transformation of the economy and society in order to increase the odds of a successful socio-ecological transition. This requirement necessarily limits the number of sustainable options for an EU tax and excludes others currently on the table. To make its case, the paper first calls attention to how the concept of sustainable development emerged and evolved in a changing political economy context. It then proposes a stylized description of the multi-layered crisis the EU is undergoing as a concentric sustainability crisis stretching along economic, social, environmental and political dimensions. Emphasizing the necessity to address all these dimensions for reviving the fading political project of a stronger union, the paper highlights the narrow parameters of the current debate on EU fiscal and tax

18 FairTax Conference September 19 th, 2016 List of Abstracts Páleník Viliam (Slovak Academy of Sciences), Tomáš Miklošovič Dobranschi Marian (Mendel University Brno) CGE Modeling of Macroeconomic Effects of Environmental Taxes as an EU Own Resource The Case of Slovakia Lump Sum Tax as EU Tax policy, which remains largely framed by neoclassical assumptions granting priority to economic and budgetary stabilization. Calling for reverting political priorities so as to leverage tax policy and expanded EU own resources for addressing the unfolding sustainability crisis, the paper then briefly discusses the potential of a number of proposed tax bases and tax options for promoting a stronger union through sustainable development and establishes a tentative list of best candidates. This study continues in the previous work of authors that describes the concept of EU own sources reform through the introduction of environmental tax in the amount of 1 % of the gross domestic product with a parallel decreasing of the tax burden by the same amount. Calculations of macroeconomic effects were done by the means of CGE model with the focus on Slovakia. They proved positive macroeconomic effects. The extent of those effects depends on reaction of enterprises and their employees to decreasing of labour tax in those ranges (medium term effect): - Positive aspects on GDP (between 1.2 % to 3.9 %) and the income of households (between 2.9 % to 5.1 %). - Number of employees increases from between 30 thousand (1,5 % negative sce-nario) to 150 thousand (6,5 % positive scenario). Macroeconomic effects of scenarios with the profit of enterprises from decrease of labour tax are significantly higher than the influence of scenarios with profiting holdshouseholds. Differences among scenarios introducing reforms in Slovakia only and in-troducing reforms in whole EU are quite small. In this paper our aim was to analyze the potential of a lump-sum tax to fund European Union budget. We consider lump-sum tax as an EU per capita charge applicable to all citizens of 28 EU member states. In order to assess the lump-sum tax potential we simulate five different lump-sum tax rates and compare the obtained yield to current EU own resources. We find that a charge per capita in the EU does not have the capacity to fully replace GNI or VAT-based EU own resources. The ability of lump-sum tax to fully replace current EU own resources comes only in the form of high tax rates, which are not equitable and unfair. Therefore we consider EU per capita charge as a form of complementary source to fund EU own budget, with no real potential to fully replace the current EU own resources. Presenter Session 3A Title Abstract Cipriani Gabriele (European Court of Auditors) Reforming the EU Budget Revenue: The Case for an EU-VAT Resource The long-awaited reform of the EU revenue arrangements can be pursued within the current legal framework. A key issue is whether the EU budget should be financed by an explicit fiscal source. This would represent a major political decision, making citizens directly liable for funding the EU budget. This study argues that the Value-Added Tax provides an operational solution to ensure visibility of EU contributions without increasing the overall tax burden. Since EU revenue and expenditure are set as a global package, there is a need to consider to what extent the current spending programmes provide the best value and achieve objectives of common interest with demonstrable results. The up-coming mid-term review of the multi-annual financial

19 FairTax Conference September 19 th, 2016 List of Abstracts framework (MFF) provides an excellent opportunity for such assessment, also in view of the preparation of the next MFF. Benedetto Giacomo (Royal Holloway University of London) Nuñez Ferrer Jorge (CEPS) Iara Anna (European Commission) The Route to Reform of the EU s Budget Revenue Elements for a New System of Own Resources Revenue for EMU In December 2013, the European Parliament extracted a concession from the European Council to set up a High Level Group on Own Resources chaired by Mario Monti. The task of the Monti Group was to recommend changes to the revenue base of the EU s budget in order for the EU to respond more quickly to expenditure needs and to escape intractable net balance calculations between member states. The paper charts the history of EU revenue and the calls for reform before evaluating proposals for change. To be completed In the wake of the euro area crisis, debate on instruments to deepen economic integration among its members has intensified, among others putting forward a fiscal stabilisation capacity for EMU members. Contributions made so far to further this idea have mostly concentrated on the expenditure side and possible stabilisation properties. This analysis reviews the most important proposals and discusses design choices and institutional conditions to develop the revenue side of such a fiscal instrument. Presenter Session 3B Title Abstract Luca Cerioni (University of Edinburgh) Jonathan Pycroft (European Commission), Salvador Barrios, Maria Teresa Alvarez-Martinez, Maria Gesualdo, Dimitrios Pontikakis A Fair EU Tax: Revaluing the "EUCIT" Idea and Exploring its Overall Implications Corporate Income Tax Reform in the EU In the quest for potential routes to enhance the EU fiscal autonomy and, for this purpose, to explore different options for devising a fair EU tax, it appears appropriate to reconsider the suggestion for a European Union Company Income Tax (EUCIT). Accordingly, this paper proposes a new version of the EUCIT idea, which should be aimed at meeting the benchmarks for fair taxation equity, neutrality, certainty, convenience and which should be consistent with other EU policies, such as the support for small and medium enterprises. The paper thus explores how the EUCIT idea could be reconceived, and it also considers whether it could have implications in terms of design of an EU tax even for individuals earning cross-border incomes, to the benefit of intra-eu tax compliance for taxpayers as well as of the EU budget. Using CORTAX, a computable general equilibrium (CGE) model designed to assess the economic impact of corporate taxation, we examine the possible economic impacts of uncoordinated and coordinated changes in national corporate tax rates among a group of economies (the EU) that are tightly associated through international trade and investment. The aim is to contribute to the ongoing debate about the desirability, modality and likely impact of alternative policy solutions to the challenges posed by tax competition and aggressive tax planning. Corporate income tax rates can generate substantial responses within the implementing country as well as beyond its own borders. Harmonisation of CIT rates would likely involve winners and losers, and as such, may be best pursued gradually and as part of a broader package of corporate

20 FairTax Conference September 19 th, 2016 List of Abstracts tax reform. Diego d'andria (European Commission), Maria Teresa Alvarez- Martinez, Salvador Barrios, Maria Gesualdo, Dimitrios Pontikakis, Jonathan Pycroft Danuše Nerudová (Mendel University Brno), Marian Dobranschi, Veronika Solilová Intangibles and Profit Shifting: An Assessment of Policy Reforms Using a CGE Model Sustainability-oriented EU Taxes: The CCCTB In the EU, some multinational company groups engage in aggressive tax planning thus avoiding paying taxes in the place where profits are generated. This behaviour undermines the idea behind the creation of a single European market and generates disadvantages for other firms. Corporate income tax rates can generate substantial responses within the implementing country as well as beyond its own borders; related to the latter, the elasticity of profit shifting with respect to tax differentials has been found to be larger for multinationals that own large shares of intangibles over total assets. Different tax treatment of intangible-related investments may imply different winners and losers across a set of countries. We use a computable general equilibrium model, named CORTAX, and extend it to make profit shifting sensitive to intangible assets. We simulate the impact of a hypothetical reform that reduces depreciation allowances for intangibles for the 28 EU countries, and of a policy reform that curbs profit shifting (through transfer pricing) directly. Results point to differential effects on welfare that these reforms may produce across countries. On average we find that policies reducing the depreciation allowances for intangibles have a negative average effect on welfare. Policies that directly curb profit shifting have a positive average effect. The two policies together are the most effective at curbing profit shifting, however they involve a welfare cost in doing so. One of the most serious criticism of the status quo with respect to the EU budget represents the lack of the link between the EU policy and the system of own resources. Non-existence of the link between reaching smart, sustainable and inclusive growth and EU budget is resulting into the existence of sustainability gaps in the European Union. The research revealed that the introduction of CCCTB could be an important contribution to close existing sustainability gaps. To research a CCCTB revenue potential, the model based on surcharge system was designed. The system expects replacement of VAT-base own resource (resp. GNI-based own resource) by the transfer of a part of the corporate tax revenues from CCCTB raised on national level to the EU budget. The results of the research show that CCCTB-based own resource would be able to replace VAT-based own resource fully, with the only exemption, which is Cyprus. However, CCCTB-based own resource cannot be considered as sufficient resource to fully replace GNI-base own resource. Therefore we recommend to consider CCCTB only in connection with the replacement of VAT-based own resource. Presenter Session 4A Title Abstract Kratena Kurt (CESAR), Mark Sommer (WIFO) Progressive Carbon Taxation as an EU Tax This paper reports the results of model simulations for a progressive taxation of the direct and indirect CO2 footprint of private households in the EU27, as recently proposed by Chancel and Piketty (2015) for the global scale. The simulations are carried out with a DYNK (Dynamic New Keynesian) model covering 59 industries and five groups of household income for the EU27. The Chancel and Piketty proposal is meant to finance a global climate adaptation fund, whereas the analysis in this paper assumes a genuine EU tax, so that the

21 FairTax Conference September 19 th, 2016 List of Abstracts national contributions to the EU budget can be substituted. Households are taxed according to their direct and indirect footprint by income group (in physical units) in two different progressive schemes, which leave a certain emission threshold untaxed. The results show the economic impact of this measure, as well as the impact on the five income groups. Konrad Kai (Max Planck Institute Munich) Pomper Niki (WIFO), Margit Schratzenstaller Cieślukowski Maciej (Poznan University of Economics and Business) Light for Europe - An Electricity Tax for the European Union Budget Sustainability-oriented EU Taxes: A European Carbon Tax Excise on Electricity as an EU Own Resource in the Light of Sustainable Development This report takes the First Assessment Report of the High Level Group on Own Resources (HILGOR) as the starting point for an economic analysis of a possible tax on electricity use within the EU. It first characterizes implementation options and offers some estimates on its economic effects and properties. It considers the likely performance of a tax on electricity along the list of desirable characteristics mentioned in the HILGOR report by comparing it with the.nancial transaction tax. We suggest that the electricity tax performs well along characteristics such as equity/fairness, efficiency, sufficiency/stability, transparancy, and democratic accountability. We are not arguing for the introduction of this tax. The analysis merely suggests that this tax would be superior compared to some of its alternatives. An EU-wide carbon tax presents itself as a potential sustainability-oriented candidate for funding the EU budget and limiting GHG emissions. The paper evaluates arguments for supranational CO2 pricing. As the introduction of such a tax is linked to several competiveness and distributional aspects, we also address tax design issues and discuss how negative effects could be limited by identifying a tax design which is compatible with environmental sustainability, economic efficiency and social inclusion. In 2003 European Union introduced the excise on electric energy. It is levied at the point of consumption with minimum rates. Electricity generation is subject to the EU ETS (Emission Trading System), so the excise was design mainly to avoid competitive distortions in the energy sector within the internal market and increase energy efficiency. In principle, the revised Energy Taxation Directive from 2011, focused on reduction of CO2 emission, does not change the treatment of electricity. However the new directive has four main objectives: reduction of CO2 emission, increase energy efficiency, integrate internal market of energy and promote growth and jobs by greening Member States tax systems. The excise on electricity contributes to those objectives in direct and indirect way. The European Union own resources system should support sustainable development. It means that no own resource can affect this development in a negative way. Considering the objectives of the new directive the excise on electric energy seems to be an interesting proposal for EU own resource. Assuming that the excise meets ecological and economic criteria, it still must be assessed at least with regard to the fiscal efficiency and fairness between Member States in the context of replacing the GNI resource and with regard to the fair taxation of citizens (consumers of electric energy). The paper is focused on the last issue. The main objective of the paper is to answer the question if the excise on electric energy, as a part of EU own resources system, can support the sustainable development by fair taxation of consumers. After preliminary investigation the hypothesis is as follows: the excise does not ensure fair taxation between consumers. To verify the

22 FairTax Conference September 19 th, 2016 List of Abstracts hypothesis we need to investigate if and in what degree the tax is shifted on consumers and who suffer higher tax burden with regard to the income. Concerning the tax shifting, the analysis covers Polish households in the years , whereas the tax burden decomposition concerns Polish households on the example of the years 2006 and Presenter Session 4B Title Abstract Röhrig Klaus (Green Budget Europe), Constanze Adolf Redonda Agustin (Council on Economic Policies) De Feo Alfredo (European University Institute) A New Narrative Needed for the EU Budget - Communicating Green Own Resources Energy Tax Expenditures and Sustainability Implications for the Design of EU Energy Taxes Alternative Procedures and Sources for Financing the EU Budget: Between Desires and Possibilities View of a Practitioner With the preparation of budget reform proposals undertaken by the High-level group on own resources (HLGOR) chaired by Mario Monti, as well as in light of the implementation of the Paris Agreement and the adoption of the UN Sustainable Development Goals (SDGs) it is time to put forward alternative, more democratic, transparent and more ambitious own resource candidates for a more transparent and better financed future EU budget. This report examines a range of potential environmental market-based instruments and presents four concrete policy options as candidates for future green own resources. Three of these policy options are based on environmental taxes: road fuel taxes, carbon taxes and energy taxes. A fourth nonecological option discusses the case of using fines from the Court of Justice of the European Union (CJEU) as a potential revenue stream. Tax expenditures are benefits granted through preferential tax treatment that lower government revenue from the beneficiary taxpayer. They are used widely by governments across the world, and are substantial. The 1.2 trillion USD in 2014 federal TEs in the United States provide an illustration. Energy taxation across the European Union is a case in point. Member States implement energy tax systems accompanied by a variety of tax expenditures including exemptions, deductions, credits, rate reliefs or deferrals. Many of these provisions lead to distortions as well as significant negative externalities within countries and across the Internal Market thus highlighting the case for i) a reduction of these expenditures within countries, ii) further harmonization of energy taxation across Member States, and (iii) using TE schemes very cautiously if an EU-wide energy tax was implemented. Against this background, this research note provides an overview on the definition, classification and measurement of tax expenditures, their role in relation to energy in general, as well as their particular use in the context of energy taxation in the EU. The note is an amended and extended excerpt from a discussion note on Tax Expenditures and Sustainability published by the Council on Economic Policies (CEP) in August This article places the reform of own resources in the contest of the difficulties of the European ideals and the attitude of part of the European public opinion towards the European project. This reform cannot be treated as business as usual but it should be seen as part of deeper reform of the EU methods and values. Reforming the EU financing mechanisms could constitute one of the pillars of a relaunch of the European project, starting from the basic principles of the European construction: Subsidiarity and European added value. Those fundamental principles should drive all EU policies, existing and to come. The reform of own resources cannot be isolated by the expenditure. This article reviews the various proposals of EU taxes, already formally

23 FairTax Conference September 19 th, 2016 List of Abstracts proposed by the Commission or discussed in academic fora, reaching the conclusions that, most of the suggestions have some positive element, but the perfect tax doesn t exist. A reform of own resources cannot be done through small adjustments, it has to last many years, even decades, then it needs ambitions, flexibility and also checks and balances mechanisms. To conclude the article outlines a possible procedure which could guarantee a smooth implementation as well as a correct level of decision maintaining the supremacy of the intergovernmental method for the framework decisions but leaving at the community method for the financing the annual budget.

24 FairTax Conference September 19 th, 2016 List of Participants Name First Name Affiliation Adolf Constanze Green Budget Europe Andersson Elin Umeå University, Sweden Anselmi Claudia Wirtschaftskammer Österreich Badelt Christoph WIFO Bayer Kurt WIFO Benedetto Giacomo Royal Holloway University of London Beridze Gia Georgia Tax Administration Blöchliger Hansjörg OECD Bočková Nina Brno Universtity of Technology Brandner Peter BM für Finanzen, Wien Breinschmid Christoph Österreichische Gesellschaft für Europapolitik Breitenfellner Andreas OeNB Breuss Fritz WIFO Hafner Katharina Bundesministerium für Finanzen BMF Brodowicz Christoph Value3 Advisory Brunner Johann Johannes Kepler University Linz Cerioni Luca University of Edinburgh Chancel Lucas Paris School of Economics and IDDRI, Paris Cieślukowski Maciej Poznan University of Economcs and Business Cipriani Gabriele European Court of Auditors d'andria Diego European Commission (JRC - IPTS) De Feo Alfredo European University Institute Dellinger Fanny WIFO Dittrich Julika Umweltdachverband Dobranschi Marian Mendel University Brno Domonkos Stefan Ministervo financií slovenskeji Republiky

25 FairTax Conference September 19 th, 2016 List of Participants Name First Name Affiliation Eckerstorfer Paul Parlamentsdirektion Eder Martin BM für Finanzen, Wien Eriksson Martin Umeå University, Sweden Fähndrich Marc Representation of European Commission, Vienna Farny Otto Arbeiterkammer Wien Federmair Klaus BM für Finanzen, Wien Finardi Savina University of Economics, Prague Formica Filippo Permanent Mission of Italy to the International Organizations in Vienna Frey Eric Der Standard Gabrisch Hubert Wiesbaden Institute for Law and Economics Gunnarsson Åsa Umeå University, Coordinator of FairTax Umea/Sweden Petkova Kunka WU Wien Hametner Bettina Raiffeisenlandesbank Oberösterreich Havel Ursula Statistics Austria Heinemann Friedrich ZEW Mannheim Hemmings Bill Transport & Environment Huber Herbert Green Building Austria Solution Iara Anna European Commission, DG ECFIN Kászoni Ákos BM für Finanzen, Wien Kaul Inge Hertie School of Governance, Berlin Knoth Stefanie Bundesministerium der Finanzen, Berlin Kohler Pierre United Nations Konrad Kai Max Planck Institute Munich Kopečný Ondřej Glopolis Köppl Angela WIFO Kostal Thomas WU Wien

26 FairTax Conference September 19 th, 2016 List of Participants Name First Name Affiliation Kratena Kurt CESAR Kraus Elisabeth BM für Finanzen, Wien Krenek Alexander WIFO Kronberger Ralf Wirtschaftskammer Österreich Kuziel Krzystof FH für Finanzen Schloss Nordkirchen Lacina Lubor Mendel University Brno Lang Helmut BM für Arbeit, Soziales und Konsumentenschutz Le Cacheux Jacques OFCE, Paris Lunzer Gertraud Arbeiterkammer Wien Luptáčik Mikuláš University of Bratislava Marik Christian Bundeskanzleramt Matzinger Anton BM für Finanzen, Wien Maurer Thilo EC DG Budget Montagnon Anne European Commission, DG Budget Monti Mario Head of HLGOR Müllbacher Sandra BM für Finanzen, Wien Mumford Ann King s College London Nerudová Danuše Mendel University Brno Neuwirth Martina VIDC - Wiener Institut für internationalen Dialog und Zusammenarbeit Núñez Ferrer Jorge CEPS Brussels/Belgium Oberhofer Harald WU Wien Páleník Viliam Slovak Academy of Sciences Pesendorfer Konrad Statistics Austria Peters Edith BM für Finanzen, Wien Pitlik Hans WIFO Pomper Niki WIFO

27 FairTax Conference September 19 th, 2016 List of Participants Name First Name Affiliation Prammer Doris OeNB Promintzer Jakob WU Wien Pycroft Jonathan European Commission (JRC - IPTS) Radičová Iveta Comenius University, Bratislava Randall Michael University of Strathclyde Redonda Agustin Council of Economic Policies Richter Sandor WIIW Röhrig Klaus Green Budget Europe Rutar Matija Rutar Group Saringer Martin Arbeiterkammer Wien Sausgruber Rupert Vienna University of Economics and Business Saxunova Darina Comenius University, Bratislava Schäfer Dorothea DIW Schelling Hans-Jörg Austrian Minister of Finance Schellmann Gottfried Mueller-Koch & Schellmann SteuerberatungsgmbH Schinwald Teresa Raiffeisen Centrobank AG Schleicher Stefan Wegener Center for Climate and Global Change at the University of Graz Schmidt-First Sabine Statistics Austria Schratzenstaller Margit WIFO Schweizer Philip BM für Finanzen, Wien Sengelin Stefan BM für Land- und Forstwirtschaft, Umwelt und Wasserwirtschaft Šestáková Monika Vysoká škola manažmentu Shurman Helena School of Economics and Management of Public Administration in Bratislava Solilová Veronika Mendel University Brno Soltes Dusan Comenius University, Bratislava Spangenberg Ulrike Umeå Forum for Studies on Law and Society

28 FairTax Conference September 19 th, 2016 List of Participants Name First Name Affiliation Spring Renate BM für Wissenschaft, Forschung und Wirtschaft Staringer Claus Vienna University of Economics and Business Stasio Andrzej WU Wien Sutrich Laura Universität Wien Tallberg Pontus Skatteverket Thell Gerrit Stadt Wien, MA 23 Thöne Michael University of Cologne Titz Elisabeth BM für Finanzen, Wien Vitrey Anne European Parliament Wakolbinger Florian Gesellschaft für Angewandte Wirtschaftsforschung Wegerth Valentin Bundesministerium für Europa, Integration und Äußeres Weichenrieder Alfons University of Frankfurt Weiss-Gänger Anita Bundesministerium für Europa, Integration und Äußeres Welzl Alexander ECONOMICA Wukovitsch Florian Arbeiterkammer Wien Zahradník Petr European Economic and Social Committee Zlanabitnig Bernhard EU-Umweltbüro Zourek Heinz Former Director of DG TAXUD, EC

29 Consortium: Norwegian Business School BI, Norway Copenhagen Business School, Denmark The University of Exeter, The United Kingdom Getulio Vargas Foundation, Brazil direitosp.fgv.br/en King s College London, The United Kingdom Linköping University, Sweden Mendel University in Brno, Czech Republic mendelu.cz/en National University of Ireland Galway, Ireland Umeå University, Sweden (Coordinating University) Queen s University, Canada The Austrian Institute of Economic Research, WIFO, Austria Funded by: The EU Horizon 2020 research and innovation programme Duration: March 1st, 2015 February 28th, 2019 Total budget: 2,889,000 EUR Project coordination: Umeå University, Sweden: Contact and more information: Mailing address: FairTax research project Umeå Forum for Studies on Law and Society Umeå University Umeå, Sweden Project Coordinator: Professor Åsa Gunnarsson, Umeå University asa.gunnarsson@umu.se Communication Officer: Elin Andersson elin.andersson@umu.se Recommendations for fair and sustainable taxation and social policy reforms within the EU The FairTax project is funded by the European Union s Horizon 2020 research and innovation programme , grant agreement No. FairTax

30 ABOUT FAIRTAX Contemporary tax systems are anything but simple. Globalisation, internationalisation, human and corporate mobility, and the establishment of the European economic and monetary union have all brought the features of EU Member State tax systems and the programs they fund into the policy spotlight. This is partly the result of the 2007 financial crisis and ensuing recessions, but also because governance of the EU and of Member States can be enhanced by tax policies that maximise human well-being in sustainable ways. Recommendations for future taxation and social policy reforms FairTax is a cross-disciplinary four-year research project, aiming to produce recommendations on how fair and sustainable taxation and social policy reforms can increase the economic stability of EU Member States. How can sustainable taxation and social policy reforms promote economic equality and security, enhance coordination and harmonisation of taxation, enhance social inclusion and environmental sustainability? How can policy reforms strengthen tax system legitimacy and increase tax compliance? Can policy reforms support a deepening of the European Monetary Union and expand the EU s own- source revenue bases? Multidisciplinary approach FairTax is a multidisciplinary project. Methods and theories are based in law, economics, accounting, ethnography, gender studies, economic history, business, and statistics. Under the coordination of Umeå University (Sweden), fiscal policy experts from eleven universities in six EU countries and three non-eu countries (Brazil, Canada and Norway) contribute to FairTax research. The FairTax project is funded by the European Union s Horizon 2020 research and innovation programme , grant agreement No. FairTax Objectives: Cross-roads for the future of European tax policies The FairTax project will provide specific recommendations relating to four objectives: Finding options for expanding EU legislative competences, or other governance mechanisms, enabling it to effectively harmonise and coordinate Member States tax and social policies Research aiming to fulfill this objective is investigating the effects of the EU s restricted ability to reshape tax policies across Member States. The EU s legislative competences in matters of taxation are generally much more limited than in other policy areas, leaving domestic taxation mostly to the Member States. Coordinated changes in revenue practices that support movement towards sustainable economic growth, social equality, environmental protection and tax compliance are therefore difficult to secure. Strategies for the increased effectiveness and harmonisation of tax administration and compliance structures within the EU and non-eu areas Research aiming to fulfill this objective is investigating how citizens can be persuaded to comply with their tax obligations. Researchers examine new ways of thinking about tax compliance for both individuals and organisations and how these developments are playing out in practice. Recommendations for true own-source EU revenues Research aiming to fulfill this objective is investigating how to secure sustainable sources of budgetary revenues for the EU itself. Researchers examine this issue through the intersecting lens of the four pillars of sustainability economic, social, environmental, and institutional/cultural as well as of fundamental tax policy norms and binding equality obligations. Reform options for state-level coordination to create fairer, more stable and sustainable tax and social policy regimes Research aiming to fulfill this objective is critically investigating how fair, efficient and sustainable European tax policies are, especially from the perspectives of gender, race and economic class.

31 H2020-EURO-SOCIETY H2020-EURO-SOCIETY Sustainable revenue sources for the EU (FairTax WP8) This research group, led by Margit Schratzenstaller (Austrian Institute of Economic Research WIFO, Vienna) and including Mendel University Brno and King s College London, studies potential options for sustainability-oriented EU taxes for financing the EU budget, which may replace current EU own resources. The current system of own resources of the EU is not sustainability-oriented in itself, it does not have any link to EU strategies and therefore it is one of the most important obstacles towards a future- and sustainability-oriented reform of EU expenditures. As a first step, the pros and cons of own EU taxes were reviewed, and criteria for the evaluation of different options for own EU taxes were established. These consider both conventional tax policy criteria as well as evaluation criteria that capture the four dimensions of sustainability relevant to revenue/tax systems (economic, social, environmental, and institutional/cultural). Based on these fundamental considerations, the research identifies and evaluates options for own EU taxes, including environmental taxes (e.g. a carbon tax, a flight ticket tax, and a nuclear power tax), a CCCTB-based harmonised corporate income tax, a financial transaction tax, and a net wealth tax. Quantitative assessment will be provided for the regional incidence of potential sustainabilityoriented EU taxes. The investigations will also address options to mitigate potential undesirable regional incidence effects of these potential EU taxes. PUBLICATIONS: Krenek A, Schratzenstaller M Sustainability-oriented EU Taxes: The Example of a European Carbon-based Flight Ticket Tax. Umeå: Umeå universitet. FairTax Working Paper Series, Schratzenstaller M, Krenek A, Nerudová D, Dobranschi M EU Taxes as Genuine Own Resource to Finance the EU Budget: Pros, Cons and Sustainability-oriented Criteria to Evaluate Potential Tax Candidates. Umeå: Umeå Universitet. FairTax Working Paper Series, CONTACT: Margit Schratzenstaller (coordinator) Austrian Institute of Economic Research, WIFO Margit.Schratzenstaller@wifo.ac.at More information: Increasing sustainability by harmonizing EU corporate tax bases (FairTax WP5) This research group, led by Danuše Nerudová, Mendel University in Brno, Czech Republic, is analysing what impact implementing a Common Consolidated Corporate Tax Base (CCCTB) in EU Member States might have. For some time, there has been a discussion if the EU should try to implement a CCCTB. The aim of introducing a CCCTB would be to harmonise and coordinate the corporate tax base in EU Member States. This unique system carries hopes of many potential advantages for corporations, for the EU as a whole, and for individual Member States: It may help to establish a fair tax competition, to remove obstacles in the international trade of financial capital, to prevent profit shifting and maybe the most challenging of all to open up a chance to reduce tax base erosion through offshore tax planning. The implementation of a CCCTB represents a highly ambitious project, and to achieve a maximum effect it will require a high level of harmonisation for implementation. The most pressing issues will definitely be the design of the mechanism for the sharing of the tax base and the impact of its adoption on the corporate tax revenues of EU Member States. These are the crucial issues that will affect Member States willingness to adopt the CCCTB. In their latest deliverable (5.3), the researchers in WP5 have developed a model to research the impacts of the CCCTB system on the budget revenues of individual EU Member States. The model is based on datasets from the Amadeus and Bankscope databases, and it covers groups of companies operating in the EU that meet the criteria for consolidation and group taxation under the CCCTB system. The next research will attempt to introduce a dynamic component into the model, reflecting the behaviour of the companies. Moreover, reflecting the current developments in the area of the OECD s initiatives within its BEPS project, further research will aim at the identification of the impact on corporate tax revenues connected with the introduction of crossborder loss offsetting, suggested by the EU Commission in the first implementation step. CONTACT: Danuše Nerudová Department of Accounting and Taxes (FBE), Mendel University in Brno danuse.nerudova@mendelu.cz More information: The FairTax project is funded by the European Union s Horizon 2020 research and innovation programme , grant agreement No. FairTax The FairTax project is funded by the European Union s Horizon 2020 research and innovation programme , grant agreement No. FairTax

32 H2020-EURO-SOCIETY H2020-EURO-SOCIETY Open research seminar, Brussels, October 25, 2016: ABOUT FAIRTAX FairTax, is a crossdisciplinary four-year research project, aiming to produce recommendations on how fair and sustainable taxation and social policy reforms can increase the economic stability of EU member states. How can sustainable taxation and social policy reforms promote economic equality and security, enhance coordination and harmonization of tax, enhance social inclusion, environmental sustainability, increase tax compliance, and expand the EU s own-source revenue bases? Under the coordination of Umeå University (Sweden), policy fiscal experts from eleven universities in six EU countries and three non-eu countries (Brazil, Canada and Norway) contribute to FairTax Research. More information at: Follow FairTax on Fair and Sustainable Taxation in the EU Listen to new research findings on CCCTB and other EU own resource taxes and their budgetary impact. Get to know fiscal policies that make for a fair and sustainable tax collection. Also learn about equal, socially and environmentally sustainable taxation in practice. Take part in discussions on how to create sustainable European tax systems in the future! Location: The Swedish Permanent Representation, at Square de Meeûs 30, Brussels RSVP: Please register for this seminar no later than October 7th 2016 For more information, please contact Meeting Coordinator Lotta Björklund Larsen: lotta.bjorklund.larsen@liu.se To sign up for attendance, please contact Communication Officer Elin Andersson: elin.andersson@umu.se You are welcome to participate in the entire seminar, or only the presentations most suitable for your interests. The seminar is free of charge. Welcome! SEMINAR PROGRAMME: 13:00: WELCOME Fredrik Löfstedt, The Swedish Permanent Representation 13:00 13:10: INTRODUCTION OF THE FAIRTAX PROJECT: AIM, IMPACT AND CHALLENGES Åsa Gunnarsson, FairTax coordinator, Umeå University 13:10 13:50: REVISIONING THE "FISCAL EU": SOCIAL, GENDER, ENVIRONMENTAL, AND ECONOMIC NORMS Fiscal policies aiming to define and implement fair and sustainable taxation have to be effective in meeting social, gender, environmental and economic outcomes. These efforts are not simply idealistic or unrealistic targets, but actually part of existing legal obligations in a number of international and EU level agreements. Presenters: Ulrike Spangenberg, Umeå University and Ann Mumford, King s College London Discussant: Brigitte Young, University of Münster. 13:50 14:20 REFRESHMENTS 14:20 15:00 FINANCING THE EU BUDGET: CCCTB AND OTHER SUSTAINABILITY- ORIENTED CANDIDATES FOR EU TAXES We suggest candidates for own EU taxes (e.g. the CCCTB, a carbon-based flight ticket tax, a financial transaction tax, or a carbon tax). These alternative revenue sources are evaluated with regard to their budgetary impact on EU Member States and to their expected contribution to economic, social, environmental, and cultural/institutional sustainability of taxation in the EU. Presenters: Danuše Nerudová, Mendel University Brno and Margit Schratzenstaller, Austrian Institute of Economic Research (WIFO) Discussant: Jorge Núñez Ferrer, Centre for European Policy Studies (CEPS). 15:00 15:40 WHAT MAKES TAX COLLECTION SUSTAINABLE? The administrative dimension of tax policy implementation is crucial to its success. Using the case of corporate tax policy, the relationship between taxpayers and tax authorities is examined across eight jurisdictions to identify features leading to sustainability and barriers to success. Presenters: Karen Boll, Copenhagen Business School and Lynne Oats, Exeter University Discussant: Hans Gribnau, Tilburg University. The seminar is moderated by Emer Mulligan, National University of Ireland The FairTax project is funded by the European Union s Horizon 2020 research and innovation programme , grant agreement No. FairTax The FairTax project is funded by the European Union s Horizon 2020 research and innovation programme , grant agreement No. FairTax

33 H2020-EURO-SOCIETY ENTERPRISE AND COMPETITIVE ENVIRONMENT 2017 (ECE 2017) FAIRTAX FairTax is a crossdisciplinary four year H2020 EU project aiming to produce recommendations on how fair and sustainable taxation and social policy reforms can increase the economic stability of EU member states, promoting economic equality and security, enhancing coordination and harmonisation of tax, social inclusion, environmental, legitimacy, and compliance measures, support deepening of the European Monetary Union, and expanding the EU s own resource revenue bases. Under the coordination of Umeå University (Sweden), comparative and international policy fiscal experts from eleven universities in six EU countries and three non-eu countries (Brazil, Canada and Norway) contribute to FairTax Research. organised by Mendel University in Brno (Czech Republic) Brno, March 9 th - 10 th, 2017 Call for papers for FairTax special session: Fair and Sustainable Taxation Organized by the FairTax project at the ECE conference Organizers: Mendel University in Brno (Czech Republic) Austrian Institute of Economic Research WIFO Vienna (Austria). The objective of the FairTax special session on Fair and Sustainable Taxation is to promote the exchange of ideas among researchers working on the concept of fair taxation in the European Union as well as on the topic of sustainability with respect to the taxation regimes and tax policy. Deadlines: Submission of abstracts: November 30 th, 2016 Notification of acceptance: December 31th, 2016 Submission of papers: February 6 th, 2017 Notification of acceptance: February 28 th, 2017 The special session is organised by Mendel University and WIFO and will be held at Mendel University in Brno. Selected papers will be included in a conference volume on Fair and Sustainable Taxation. Abstracts and Papers should be sent in PDF format to danuse.nerudova@mendelu.cz, or margit.schratzenstaller@wifo.ac.at 1

34 Motel One Hotel Zeitgeist Hotel Daniel Bus 69A (start and end) in front of main entrance Hauptbahnhof Bus 69A (Sonnwendgasse) Bus 69A (Arsenalsteg) - Exit Tram/Streetcar D Metro/Subway U1 way to walk (Hotel Zeitgeist to Bus 69A) appr. 2-4 minutes way to walk (Hotel Zeitgeist / Motel One to WIFO) appr minutes way to walk (Hotel Daniel to WIFO) appr minutes way to walk (Arsenalsteg to WIFO) appr. 2-3 minutes