EU pushes proposals for common tax base

The European Commission is proceeding with proposals to introduce a common tax base throughout Europe, despite opposition from several member states, including Ireland.

22nd April, 2006

The European Commission is proceeding with proposals to introduce a common tax base throughout Europe, despite opposition from several member states, including Ireland.

States with low tax rates, such as Ireland, fear that the introduction of a common tax base would undermine their tax competitiveness and lead to common European tax rates set in Brussels. They have repeatedly said they will not sign up to these moves.

A common consolidated tax base would establish Europe-wide...

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