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Image header Agence Europe
Europe Daily Bulletin No. 8782
Contents Publication in full By article 12 / 45
GENERAL NEWS / (eu) eu/taxation

Commission survey shows nine firms out of ten take taxation into account before deciding to set up business in another Member State

Brussels, 09/09/2004 (Agence Europe) - The European Commission has brought a new element to the debate on tax harmonisation, to be held on Saturday at the informal Ecofin Council in Scheveningen. According to a survey, the results of which were published on Thursday, nine companies out of ten (87%) take taxation into account before deciding to take up business in another Member State. The inquiry on "the cost of conformity" with tax legislation also shows that European companies must spend...

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