The Commission presented an Action Plan to fundamentally reform corporate taxation in the EU. The Action Plan sets out a series of initiatives to tackle tax avoidance, secure sustainable revenues and strengthen the Single Market for businesses. Collectively, these measures will significantly improve the corporate tax environment in the EU, making it fairer, more efficient and more growth-friendly.
- First, it will propose a mandatory CCCTB. This would improve it's capacity to prevent profit shifting - an optional system is unlikely to be used by companies that aggressive tax plan to avoid taxes.
- Second, it will propose that the CCCTB is introduced through a step-by-step approach. This should make it more manageable for Member States to agree. The primary focus should be on securing the common tax base, starting with international elements related to BEPS. The Commission will propose postponing consolidation until after the common base has been implemented.