Here in EPICENTER, our authors have consistently opposed the Commission’s proposal for a Common Consolidated Corporate Tax Base – better known in EU policy circles by its rather Soviet-looking acronym, CCCTB.
In a world where tax codes are riddled with loopholes and typically run into the thousands of pages, it should not come as a surprise that corporations would seek guidance on their potential tax liabilities prior to setting up shop in a country – and that governments would be eager to reassure investors.