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Image header Agence Europe
Europe Daily Bulletin No. 11870
Contents Publication in full By article 17 / 27
ECONOMY - FINANCE - BUSINESS / Taxation

BASF explains its tax practices to MEPs

At a hearing before the European Parliament's Panama Papers committee of inquiry on Tuesday 26 September, the German company BASF provided a candid defence of its taxation practices, slammed a few months ago in a report by the Greens/EFA (see EUROPE 11662).

“Taxes are costs and businesses have to keep their costs down”, the BASF representative said frankly.  “When decisions have to be made regarding investments, the tax burden is a factor”, he said, adding that  a few years ago,...

Contents

INSTITUTIONAL
FUTURE OF THE EU: The days of France making proposals in Europe are back, says Emmanuel Macron
CATALONIA: Catalonian referendum does not meet Venice Commission's standards, says Markert
EUROPEAN COURT OF JUSTICE: European Court of Auditors likes the idea of a cost-benefit analysis of a possible expansion of the language scheme used at the CJEU
BUDGET: More efforts needed to reduce youth unemployment, say MEPs
SECTORAL POLICIES
CONSUMERS: Commission guide to help member states tackle dual quality in foodstuffs
FOOD SAFETY: Member states and Commission agree on smoother flow of fraud information
JUSTICE: Whistleblowers, EPP and ECR groups at the European Parliament still oppose direct reporting to the media
JUSTICE: MEPs urge all member states to participate in European Prosecutor project
MIGRATION: Commission to ask member states to make new efforts on refugees
INDUSTRY: Transport & Environment calls for rapid adoption of European lorry update standards
DIGITAL: End of roaming charges in mobile telephone trade producing results
TRANSPORT: Commission announces package of proposals on vehicle safety for first quarter of 2018
ENERGY: Šefčovič encourages Romania to reform its market and improve its interconnections
FISHERIES: State of fish stocks in Mediterranean not improving
FISHERIES: Ecosystem approach progressing in north-west Atlantic
FISHERIES: Commission tells MEPs of urgent need to save European eel
ECONOMY - FINANCE - BUSINESS
TAXATION: BASF explains its tax practices to MEPs
TAXATION: AmCham concerned at EU unilateral action in digital taxation
ENTERPRISE: Member states divided over European Parliament's position on country-by-country reporting
EXTERNAL ACTION
TRADE: MEPs call for common framework for filtering of FDI that ensures reciprocity as well
BANGLADESH: NGO calls for compensation of victims in textile industry
IRAQ: EU calls for calm, restraint and dialogue
NEWS BRIEFS
PATENTS: European Patent Office publishes case studies to raise SME awareness about patents
GREECE: Jeroen Dijsselbloem optimistic about clean exit from bailout plan in August 2018
SOCIAL AFFAIRS: Commission proposes €3.3 million from EGF for Almaviva Contact workers
MIDDLE EAST: EU condemns attack on Israelis
UNITED KINGDOM: Insufficient progress for moving to next stage of Brexit negotiations, says Donald Tusk