|
|
09 Apr 2008
The French government aims to push plans for the introduction of a common corporate tax when it takes over the six-month rotating presidency of the EU in July.
Finance Minister Christine Lagarde told reporters this week the proposal for a Common Consolidated Corporate Tax Base was an idea the French ‘are determined to push’, according to Tax-news.com.
Proponents of CCCTB say companies would be able to follow common rules for calculating the tax base for all their EU-wide activities rather than the existing 27 systems, which would simplify procedures, improve efficiency and reduce compliance costs.
But several member states, particularly those with the lowest corporate tax
rates in EU such as Ireland, Estonia and Slovakia are strongly opposed to any
form of harmonisation of EU member state tax regimes, despite assurances no
plans are in the pipeline for harmonising tax rates, which is what these
countries ultimately fear.
Further reading:
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment