That letter Commissioners Margrethe Vestager (competition) and Pierre Moscovici (financial affairs) Saturday in a submitted article in True .
They propose to then distribute the collected tax among the countries where the subsidiaries of a company are located.
“This fair tax competition is possible, but many of the current opportunities for aggressive tax planning blocked,” the Commissioners.
The commissioners will this year ensure that all EU companies in a fair way to pay tax. She called 2015 “a crucial year” in the implementation of new policies.
“A number of companies now uses aggressive tax planning. This is possible due to a lack of harmonization within the EU and loopholes in tax systems the Member States. “
The plan follows the revelations of ‘LuxLeaks’ last November. It showed that Luxembourg facilitates companies in evading taxes in other countries.
Taxes have been given a high priority on the agenda of the European Commission, since those revelations.
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