Common tax base 'would benefit Britain'
Report suggests UK would be big winner in European Commission proposals
A European common tax base would see corporate tax revenues rise by up to
20%, according to a study to be published by the
Oxford University Centre for Business
The European Commission
is currently devising a common tax base, but the plans are thought to be opposed
by the Treasury, which has always resisted European interventions in tax
The report, which
Times says will be issued today, says Britain would actually gain
disproportionately from the proposals.