EUROPEAN PARLIAMENT PLENARY / Taxation

European Parliament agrees on its vision of a common and consolidated corporate tax base fit for digital age

Brussels, 15/03/2018 (Agence Europe)

On Thursday 15 March, the European Parliament adopted unchanged the draft Tang report on a common corporate tax base (CCTB) and the draft Lamassoure report on the consolidation of this tax (CCCTB), the introduction of which will help the functioning of the single market enormously, but which has for years faced the uncompromising opposition of states that have developed economic models based on tax competition (see EUROPE 11967).

“For businesses, [the CCCTB project] offers a single fiscal...