Oxford University Centre for Business Taxation
Summer conference 2015: UK corporation tax: past, present and future
50th anniversary of the UK corporation tax
10th anniversary of the Centre for Business Taxation
2015 marks the 50th anniversary of the UK corporation tax. This presented an opportunity to step back from current concerns to assess the longer term development of the tax – its past, present and future.
Looking back over the past 50 years of the tax we took stock of the main landmarks in its development. To what extent has the tax changed and how? What lessons can we learn from our experience so far? How has the intellectual debate about taxing corporate profit developed over this period and how has it had an impact on the design of the UK tax? These questions set the scene for considering the current state of the UK corporation tax, and its future. Looking to the longer term, what are its strengths and weaknesses, and what reforms are needed? Is unilateral reform possible, or does the UK need to cooperate with other EU countries, or indeed more widely?
The Oxford University Centre for Business Taxation’s annual summer conference, held on 26th June, discussed these issues. Leading speakers from government, business, academia and the media addressed different aspects of the UK corporation tax, discussing its development and future.
2015 also marks the 10th anniversary of the Oxford University Centre for Business Taxation. The final session of the conference introduced the Centre’s contribution to existing knowledge about corporation tax, and a panel discussed the open questions identified over the course of the conference, thus setting a future research agenda for the Centre.
The conference was followed by a drinks reception with canapés to mark the 10th anniversary of the Centre.
|09:00-09:30||Registration and coffee|
UK corporation tax: an overview
Chair and introduction: John Avery Jones CBE
Welcome by Michael Devereux, Director, Oxford University Centre for Business Taxation
50 Years of developing economic thinking about taxing profits View presentation
Small business and multinationals
Chair: John Vella, Associate Professor, Oxford University Centre for Business Taxation
UK corporation tax and small businesses View presentation
International issues of corporation tax View presentation
The EU, political constraints and public opinion
Chair: Judith Freedman CBE, Pinsent Masons Professor of Taxation Law, Oxford University
UK corporation tax and the EU View presentation
Tax reforms and democratic constraints
The public perception of taxing corporate profit
The future of corporation tax research
Chair: Michael Devereux, Director, Oxford University Centre for Business Taxation View presentation
A panel on the future of corporation tax and corporation tax research will include:
Reuven Avi-Yonah, Irwin I. Cohn Professor of Law, University of Michigan