¿Cómo ha evolucionado la presión fiscal de la empresa española en la última década? Remedios normativos frente a la planificación fiscal: How has the tax burden on Spanish companies evolved over the last decade? Regulatory remedies versus tax planning

Juan Monterrey Mayoral; Amparo Sanchez Segura

doi:10.6018/rcsar.370841

Authors

Juan Monterrey Mayoral Universidad de Extremadura https://orcid.org/0000-0002-9405-2885
Amparo Sanchez Segura Universidad de Extremadura https://orcid.org/0000-0003-0053-3125

DOI: https://doi.org/10.6018/rcsar.370841

Keywords: Tax planning, effective tax rates

Abstract

In this paper the evolution of the tax burden supported by Spanish companies in the last decade (2008-2017) has been analysed. Based on a sample of 31,966 company-year observations and using empirical measures of effective taxation that are immune to the effect of the variation in the statutory tax rate operated from 2015 onwards, we record a significant gradual approximation of the real rates to the nominal rates, a convergence that is particularly noticeable in the large company segment, despite deploying more efficient tax planning strategies than those of a smaller size. Our findings reveal that such strategies have been clearly neutralized and successfully dominated by the tax measures adopted in these years, aimed at deferring the tax deductibility of certain expenses and losses and accelerating tax collection. To sum up, the evidence documented in this paper, which is supported by various extensions and complementary empirical evidence, does not match the widespread belief about the low taxation of Spanish companies, particularly those of a large size.

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How has the tax burden on Spanish companies evolved over the last decade? Regulatory remedies versus tax planning