Maria Kendrick

Senior Lecturer in law @CityLawSchool, PhD from @celkcl Currently researching EU law - differentiated integration and tax - as well as international tax law

[Maria Kendrick @MariaKendrick14]

NextGenerationEU: Will the Debt be Repaid by EU Own Resources or Member State Taxpayers? Title of my new article
 👇
https://t.co/U7v78viN1s Spoiler alert: heavy reliance on tax+EU seems a long way off generating enough money to repay the debt. @SSRN @CityLawSchool @CityLaw_ISEL

[Oxford University Centre for Business Taxation @OxfordTax]

Read the new Policy Paper and Blog by Michael P. Devereux.

"An Excess Profits Tax."

Policy Paper: https://t.co/4Nv8A4ANQO
Blog: https://t.co/ZO9qJYXrj5

[Dan Neidle @DanNeidle]

Corporation tax has become impossibly complicated. The move to "full expensing" was incomplete. The constant changes to the rate (three in one year) make it difficult to plan. The OECD global minimum tax means that the largest companies pay two taxes https://t.co/yE02iZ87mn

[Dan Neidle @DanNeidle]

Here's all UK taxes paid in 2023-24:

[Ben Zaranko @BenZaranko]

The UK govt now spends as much as the average advanced economy. But we still raise less in tax than the average. As a result, we've gone from having below-average to above-average government debt levels.

New from my (non-tweeting) @TheIFS colleagues: https://t.co/0DKHWcvnfl

[European Parliamentary Research Service @EP_EPRS]

The Next Generation EU recovery instrument entered the 2nd half of its lifecycle at the start of 2024

📸We provide a snapshot of the use of NGEU funding so far

https://t.co/umUmH2bShU

@EP_Budgets @JanOlbrycht @mmargmarques @JMFernandesEU @ValerieHayer @RasmusAndresen

[Heather Self @hselftax]

Let’s talk about the Tax Gap. Is @RachelReevesMP goal of spending £555m to yield £5bn realistic?

1/n

[Institute for the Study of European Laws (ISEL) @CityLaw_ISEL]

👉Check out the review of Prof @faheye's 'The EU as a Global Digital Actor' @hartpublishing 2022, prepared by Prof Synodinou @Law_UCY!

📖Continue reading by ordering your copy of the book here: https://t.co/NsBY3NLQ4S

@CityUniLondon @CityLawSchool #EUglobalactor #EUdigitalactor

[REBUILD Centre @REBUILDCentreEU]

The Emissions Trading Scheme (#ETS) and the Carbon Border Adjustment Mechanism (#CBAM) - @MariaKendrick14 @CityUniLondon

https://t.co/FgvBeWPQAi
#NextGenerationEU #EUOwnResources #EUdebt

[KCL Centre of European Law @celkcl]

Very special evening tonight with President van der Woude of the General Court on our 50th anniversary! On systems for #cooperation & #integration

[Rita de la Feria @delaFeriaR]

Two key tax policy points, where I share Dan's frustration:
(1) Number 1 rule, if you cannot define it, you cannot tax it. Disposable income, robots, etc.
(2) Policy aim =/ policy instrument. Just because the aim is meritorious, does not mean the (tax) instrument is appropriate.

[Daniel Bunn @danieldbunn]

The EU is really trying to make the Hamiltonian moment happen. https://t.co/rNq6gwx8SD

[Institute for the Study of European Laws (ISEL) @CityLaw_ISEL]

👏ISEL Member @MariaKendrick14 @CityLawSchool presented her research at the #REBUILD Annual Conference #nextgenerationeu: Furthering Economic, Legal & Fiscal #integration, organised by @DCU_Brexit_Inst @DCU⬇️

Check out her latest article on the topic🔗https://t.co/PnM0xp9n0O

[European Court of Auditors @EUauditors]

🗓️On Wednesday 24 January, we will publish a special report on EU efforts to reduce CO2 emissions from passenger cars.

[Pieter Baert @PBaert1]

The European Court of Auditors @EUauditors is currently working on a report on 'Harmful Tax Competition', looking into the effectiveness and design of the range of tax measures the EU implemented these past few years. Report expected in Q3 2024! https://t.co/zH08v3KPxs

[Judith Freedman @JudithFreedman]

From The Times today. If you introduce a tax to change behaviour and it works, it won’t be a big revenue raiser. And vice versa. Regardless of the value of your case, campaigners beware this flaw in your logic.

[Rita de la Feria @delaFeriaR]

Arguably, these incentives may be more efficient that those offered so far, but competition may be even stronger that before, as value of substantive investment goes up. I envisage high demand in coming years for expertise / capacity on drafting these new incentives.

[Rita de la Feria @delaFeriaR]

Predictably and predicted, the re-drafting of corporate tax incentives that pass the global minimum corporate tax rate has started.

[Daniel Bunn @danieldbunn]

"...the costs of compliance is seen by most as being well in excess of any tax which is likely to be due" - Alan McLean, chair of Business at OECD’s tax committee talking about the global minimum tax

https://t.co/UyRNZU5pju

[Daniel Bunn @danieldbunn]

Amount A is the result of compromises. And those result in apportionment with market metrics and production metrics. It's a three factor apportionment system that acts like a Rube Goldberg machine. Apportionment is tricky, and Amount A is worse than basic apportionment.

[Daniel Bunn @danieldbunn]

Digital services taxes are discriminatory and have always been bad policy. Taxing gross revenues creates high effective tax rates for low-margin businesses. They need to go away. Trade wars are counterproductive. But Amount A is still a mess. This is where we are.