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Europe Daily Bulletin No. 8513

29 July 2003
Contents Publication in full By article 15 / 30
GENERAL NEWS / (eu) eu/enlargement
Commission identifies thirty-odd tax systems in acceding countries violating company taxation code of conduct - Council to draw up list of systems to be abolished and to decide on derogations

Brussels, 28/07/2003 (Agence Europe) - In a working document, the European Commission has listed thirty-odd tax schemes in acceding countries that can be seen as forms of tax dumping. Established to attract investors, these “competition damaging” systems must be scrapped or amended under the company tax code of conduct (adopted by the EU in 1997).

The Council is now examining the Commission's working document and will draw up the final list of competition damaging measures by October...

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