Commission proposes major corporate tax reform for the EU
Commission proposes major corporate tax reform for the EU
09 November 2016
Modified: 14 December 2017
Reading time: 1 minute(s)
The re-launched Common Consolidated Corporate Tax Base (CCCTB) bolsters the pro-business elements of the previous proposal to help cross-border companies cut costs, red tape and to support innovation and creates a level-playing field for multinationals in Europe by closing off avenues used for tax avoidance.
Two further proposals aim to improve the current system for dispute resolution on double taxation in the EU and to bolster existing anti-abuse rules. Taken together, these measures will create a simple and pro-business tax environment.
More information: http://europa.eu/rapid/press-release_IP-16-3471_en.htm
More information: http://europa.eu/rapid/press-release_IP-16-3471_en.htm
Updated: 14 December 2017