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Europe Daily Bulletin No. 9106

11 January 2006
Contents Publication in full By article 12 / 44
GENERAL NEWS / (eu) eu/taxation
Commission encourages mutual recognition of tax rules and SME taxation according to rules in State of residence

Brussels, 10/01/2006 (Agence Europe) - At the end of December, the Commission adopted a communication describing a pilot scheme for corporate taxation intended to facilitate the cross-border activities of small and medium-sized enterprises (SMEs). The system functions thanks to mutual recognition of tax rules between the EU Member States and would not require any specific legislative initiatives at European level. Initially lasting five years, the scheme will remain optional not only for...

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