The second session of the working party of the Council of the EU on the proposed common consolidated corporate tax base ('CCCTB') hit its first hurdles on Thursday 16 February (see EUROPE 11647).
One of the proposals aiming to breathe new life into the discussions - the super deduction mechanism for costs related to research and development - does not appear to have been much to the tastes of countries such as France and Germany, which are both reported to have openly criticised it and...