OrbitaxOrbitax

European Commission Launches Public Consultation on New Proposal for a Common Consolidated Corporate Tax Base

|Proposed Changes|European Union
European Union

On 8 October 2015, the European Commission launched a public consultation to help identify the key measures for inclusion in the re-launch of the proposal for a Common Consolidated Corporate Tax Base (CCCTB). According to the release, a CCCTB would benefit companies operating across borders within the EU by providing a far simpler way to calculate their taxable profits. Under a CCCTB, businesse…

Continue Reading