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European Commission Agrees on the Need for New Approach to Corporate Taxation in the EU

|Proposed Changes|European Union
European Union

On 27 May 2015, the EU College of Commissioners held an orientation debate where it was agreed that a new approach to corporate taxation in the EU is needed to successfully address tax abuse, ensure sustainable revenues and foster a better business environment in the internal market. The orientation debate will feed into an Action Plan in June, which will include a strategy to re-launch the works on the introduction of a Common Consolidated Corporate Tax Base (CCCTB) at the level of the EU, t…

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