Brussels, 17/09/2004 (Agence Europe) - A special tax regime for "European companies" could create competition distortion, the consultancy firm, Deloitte & Touche, states in a study commissioned by the European Commission. The aim of the study was to verify the impact of a pilot project allowing "European companies" to calculate their taxable income on a consolidated base (including profits and losses throughout the Community territory) according: either to the rules of the home country or...