In 2011, its first attempt came to no good. Five years later, the European Commission is to try its luck again, proposing its revised version of the common consolidated corporate tax base (CCCTB) on Wednesday 26 October.
The overall game plan has been no secret since the Juncker Commission took up office. Whilst the 2011 proposal provided for an optional CCCTB (see EUROPE 10338), the Commission now wants major groups to be required to subscribe to the CCCTB. According to a draft text of...