European Parliament calls for crackdown on corporate tax avoidance

  • By A&S
  • June 9, 2016
  • News

On June 8, 2016, the European Parliament voted on a resolution welcoming the EU Commission proposal for an EU anti-tax avoidance directive. The anti-tax avoidance directive reflects the OECD’s action plan to limit tax base erosion and profit shifting (BEPS) and follows earlier recommendations made by the Parliament. The…

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European Parliament asks for additional measures to fight aggressive corporate tax planning and evasion

  • By A&S
  • December 17, 2015
  • News

On December 16, 2015, the European Parliament passed a resolution, prepared in Parliament’s Economic and Monetary Affairs Committee, spelling out the legal steps needed to improve corporate tax transparency, coordination and EU-wide policy convergence. The legal steps recommended by the resolution build on the work of Parliament’s Special Committee on…

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EU Council debates and approves corporate tax measures

  • By A&S
  • December 10, 2015
  • News

In its meeting on December 8, 2015, the European Union Council of Economic and Financial Affairs debated over multiple items affecting the corporate taxation and also approved a directive aimed at improving transparency on tax rulings given by member states to companies in specific cases. Financial Transaction Tax (FTT)…

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European Parliament calls for corporate tax makeover

  • By A&S
  • November 26, 2015
  • News

On November 25, 2015, the members of the European Parliament passed a resolution urging EU member states to agree on mandatory country-by-country (CbC) reporting, a common consolidated corporate tax base (CCCTB), common definitions for tax terms and more transparency and accountability with regard to national tax rulings granted for…

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