MEPs in the Subcommittee on tax matters (FISC) discussed the proposal “Business in Europe: Framework for Income Taxation” (BEFIT) with experts on Wednesday 25 January. These business representatives have expressed reservations about European tax harmonisation.
The European Commission had unveiled the outline of its forthcoming ‘BEFIT’ proposal, closely linked to the OECD negotiations, in May 2021(see EUROPE B12721A3). This initiative aims to establish a common set of rules that...