Corporate Income Tax: Marking the Passage of Time

Triggered by the international debate on aggressive tax planning and base erosion and profit shifting, the author goes back to the basic principles of corporate income tax (CIT). In this article, the author explores whether CIT, as a tax on an entity’s profit in its current form, has reached its outermost limits both in the Netherlands and internationally, and whether the basic principles of CIT should be redesigned in order to reshape the future of CIT.