Public hearing: The corporate tax reforms package – with focus on the Common (Consolidated) Corporate Tax Base,17/01/2017

In October 2016 the European Commission presented a package with proposals for corporate tax reforms, including an improved CCCTB that provides Member States with a new system for taxing multinationals. A two stage process allowing Member States to agree on the common base first, before working on the more complex consolidation aspect, can help to successfully implement this reform of corporate taxation rules.

Given that Europe’s priority today is to promote sustainable growth and investment within a fair and better integrated market, the corporate tax reforms package, that comprises furthermore a mechanism to solve double taxation disputes and a proposal to tackle hybrid mismatch arrangements, is proposed with the objective to provide fair and efficient taxation of corporate profits. The EESC is currently drawing up three interlinked opinions on these proposals and in this framework the Section for Economic and Monetary Union and Economic and Social Cohesion (ECO) will organise a public hearing on „The Corporate tax reforms package – with focus on the Common (Consolidated) Corporate Tax Base„.

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