TaxAdministrationBrown to attack EU harmonisation plans

Brown to attack EU harmonisation plans

A new attack on European Union pressure to harmonise corporate taxation is due from chancellor Gordon Brown at today's EU Finance Ministers' Council meeting.

Link: FDs overwhelmingly reject EU tax harmony

The chancellor is expected to criticise Brussels’ attempts to push through proposals to equalise company tax rates across the EU.

He is expected to tell finance ministers from other member states that while the UK is opposed to unfair tax competition, member states must remain free to decide their own fiscal regimes.

Brown is also expected to be critical of moves to allow France and Germany to escape huge ‘fines’ for breaching Euro Stability Pact rules and support protests lead by the Netherlands.

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