EC consults on consolidated corporate tax base

The European Commission has launched a public consultation to help identify the key measures for inclusion in the relaunch of the proposal for a common consolidated corporate tax base (CCCTB).

 

Views are called for on the extent to which a CCCTB could function against aggressive tax planning without compromising its objective of making the single market a more business-friendly environment. Feedback is welcomed on the criteria that could determine which companies should be subject to a mandatory CCCTB. The consultation will also look at how to address the debt bias and the type of rules that would best foster research and development activity.

 

The consultation will be open until 8 January 2016.