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Seven EU National Parliaments Oppose Commission Proposal for Common Consolidated Corporate Tax Base

11 January 2017

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Proposed Changes

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European Union-Ireland-Denmark-Luxembourg-Malta-Netherlands-Sweden-United Kingdom

Irish parliament member Brian Hayes has published a release confirming that seven national parliaments in the EU have objected to the European Commission’s proposal for a Common Consolidated Corporate Tax Base. The proposal includes a two-step approach for major EU-wide tax reform 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) ({News-2016-10-26/P/2- previous coverage}). The national parliaments opposed to the proposal are Ireland, Sweden, Denmark, Malta, and Luxembourg, as well as two chambers of the Dutch Parliament. The UK House of Commons...