On Thursday 23 February, European employers, represented by BusinessEurope, echoed the comments of the insurance industry by expressing concern at the absence of consolidation from the new proposed common corporate tax base (CCTB).
Readers may recall that as the consolidation aspect was the hardest bit for the member states to swallow in 2011. The European Commission has proposed that this aspect be dealt with in a second stage and has made subject of a separate legislative proposal.
"The...