On Thursday 23 June, during a debate in the European Parliament’s plenary session, several MEPs called for enhanced cooperation between EU Member States in the field of taxation, as Hungary, after Poland, used its Hungarian veto at the Ecofin Council to prevent the adoption of the directive intended to transpose the OECD agreement on the minimum taxation of multinationals (see EUROPE B12974A8).
Many MEPs have complained that unanimity over tax issues leads to “blackmail” between...