On 3 May, the EU Parliament’s economic and monetary affairs committee is to hold a public hearing on proposals for the common consolidated corporate tax base. The purpose of the meeting is to hear the views of various stakeholders in preparing the Parliament’s reports and to follow-up the recommendations made by the TAXE/TAXE II special committees. This reflects the difficulties the Commission is currently having in getting individual member states to agree on a way forward.
The Commission is currently pursuing a two-step approach to establishing the CCCTB as part of its wider corporate tax reform package. This approach involves first devising the rules for calculating a common tax base, followed at a later stage by work on tax consolidation.
On 3 May, the EU Parliament’s economic and monetary affairs committee is to hold a public hearing on proposals for the common consolidated corporate tax base. The purpose of the meeting is to hear the views of various stakeholders in preparing the Parliament’s reports and to follow-up the recommendations made by the TAXE/TAXE II special committees. This reflects the difficulties the Commission is currently having in getting individual member states to agree on a way forward.
The Commission is currently pursuing a two-step approach to establishing the CCCTB as part of its wider corporate tax reform package. This approach involves first devising the rules for calculating a common tax base, followed at a later stage by work on tax consolidation.
