On 25 October 2016, the European Commission issued its proposals for EU tax reform, including proposals for a Common Consolidated Corporate Tax Base for large MNE groups, the improvement of dispute resolution on double taxation, and the strengthening of hybrid-mismatch rules.
Common Consolidated Corporate Tax Base
The Commission has proposed a two-step approach that would begin with a Council Directive on a Common Corporate Tax Base (CCTB), followed by a Council Directive on a Common Con…