European Commission President Jean-Claude Juncker  is looking to harmonise tax policy across all European Union countries (photo: dpa)

EU tax harmonisation plan could drive away entrepreneurs

An attempt by the European Commission to harmonise tax policy across all European Union countries could scare off business based in Europe. It could also deter entrepreneurs and long-term investment as Brussels bureaucrats crack down on international companies who look to benefit from the different tax regimes in various EU countries.

<i>The European Commission has announced it will launch a new initiative with a view to harmonising corporate taxation and punishing multinational companies which take advantage of the national legislation to avoid taxes. The Brussels’ authorities have also published a new blacklist of tax havens.This report argues that the long-term goal of the Eu...

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Professor Enrico Colombatto
The European Commission has made a vociferous argument in favour of tax harmonisation to ensure that large producers are prevented from choosing the most favourable tax jurisdiction and violating the principle of fairness. This, according to the EU, means paying the maximum amount of tax and getting rid of tax competition
read more about it in the report
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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