A study commissioned by the GUE/NGL, led by former MEP and now member of the Bundestag, Fabio De Masi, argues that the creation of the common corporate tax base would cause the profits of companies taxable in the EU to fall by 21% (or €200 billion), due to the consolidation of losses.
“The system of transfer pricing (...) does not work. Unitary taxation, which calculates profits on the EU level and apportions them to member states according to economic activity, would in theory be a good...