La no neutralidad del impuesto de sociedades en el endeudamiento de las empresas multinacionales

• Juan José Durán Herrera ^[1] ; Prosper Lamothe Fernández ^[1]
  1. [1] Universidad Autónoma de Madrid

     Universidad Autónoma de Madrid

     Madrid, España

     
• Localización: Información Comercial Española, ICE: Revista de economía, ISSN 0019-977X, Nº 917, 2020 (Ejemplar dedicado a: La fiscalidad internacional sobre los retos de la globalización, la digitalización y el envejecimiento), págs. 55-72
• Idioma: español
• DOI: 10.32796/ice.2020.917.7129
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• Dialnet Métricas: 1 Cita
• Resumen

  • El principio general aceptado de que el interés sobre la deuda reduce los impuestos de sociedades, tiene importantes consecuencias en la asignación de recursos: la empresa tiene un menor coste de capital, los beneficios de los accionistas aumentan (así como los ingresos de los directivos), los ingresos de las autoridades fiscales disminuyen y se produce una mayor desigualdad, inequidad, y en paralelo los prestamistas se benefician. Una economía global necesita un sistema de impuestos societarios más sencillo y transparente en su cálculo y más equitativo, sin grandes divergencias entre países, que solo se puede alcanzar a través de la cooperación internacional, liderada por los organismos internacionales y multilaterales.

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