On 25 October 2016, the European Commission issued its proposals for EU tax reform, including proposals for a Common Consolidated Corporate Tax Base for large MNE groups, the improvement of dispute resolution on double taxation, and the strengthening of hybrid-mismatch rules. Common Consolidated Corporate Tax Base The Commission has proposed a two-step approach that would begin with a Council Directive on a Common Corporate Tax Base (CCTB), followed by a Council Directive on a Common Consolidated Corporate Tax Base (CCCTB). CCTB Directive The proposed CCTB directive provides uniform rules for the determination of taxable income, including the rules related to:...