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Draft Report from EU Parliament TAXE 2 Committee Published

20 May 2016

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Proposed Changes

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European Union

The EU Parliament's Special Committee on tax rulings and other measures similar in nature or effect (TAXE 2) has published its draft report to be discussed at its upcoming meeting on 24 May 2016. In the report, the committee makes a number of conclusions and recommendations in several areas, including the reiteration of certain recommendations included in the original TAXE Committee report ({News-2015-12-01/P/2- previous coverage}), as well as several new recommendations. In particular, the TAXE 2 Committee: Urges the European Commission to come forward with a proposal for a common corporate consolidated tax base (CCCTB) in the EU; Calls on...