At the meeting of the Ecofin Council of Tuesday 8 November, a number of European countries expressed concern at the potential impact of a common consolidated corporate tax base on their tax revenue.
Spain, Denmark, Romania and Ireland voiced such concerns, with the Danish representative being the most categorical, saying that they would have problems if the CCCTB reduced their tax base, which the country has spent several years building up. He went on to say that he feared the distribution...