Economy
Tax rulings: 'We need a common corporate tax base,' says Commissioner Vestager
Automatic information exchange and common corporate tax base
Asked about the instruments at her disposal, Vestager said: "If member states don't provide the necessary information, we can give injunctions. We can launch infringement procedures and we can take them to court if we don't get the info we need to do our work. But for the Commission to work in a dedicated, fast and just manner, we need at least the automatic exchange of information on tax rulings and a common consolidated corporate tax base (CCCTB). We might also have to prepare guidelines for member states to explain in detail what is allowed and what is not. But for that we need more case law".
No coalition of the willing
Asked whether enhanced co-operation within a group of member states would help deliver a common consolidated corporate tax base, Vestager said "enhanced cooperation between a coalition of the willing is not a good idea, as it might scare member states away and because competition is important for all the EU member states".
Not after small countries
Asked by Irish MEP Brian Hayes (EPP) "why the Commission only goes after small countries", Ms Vestager said that "there is no pattern. We have now asked every country about their tax rulings. With our limited resources, we look at cases that will set a precedent, so that we generate incentives for member states to change", she added.
Share this article:
-
France5 days ago
France passes new anti-cult law against Senate’s opposition
-
Conferences2 days ago
NatCon’s on-off conference halted by Brussels police
-
Mass surveillance3 days ago
Leak: EU interior ministers want to exempt themselves from chat control bulk scanning of private messages
-
Israel4 days ago
EU leaders condemn Iran’s ‘unprecedented’ attack on Israel