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Economy commissioner Paolo Gentiloni: 'Europe has to rethink taxation' (Photo: European Commission)

EU Commission eyes unified corporate tax, again

The EU Commission on Tuesday (18 May) adopted plans for a unified corporate tax rule book for the bloc, to stop a race to the bottom among member states.

The commission already previously attempted a common corporate tax in 2011, and in 2016, but those attempts failed.

The EU executive argues times have changed and a global effort underway to reach a deal on rules on how much, and where, multinational firms pay taxes could give momentum to the renewed efforts.

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

Economy commissioner Paolo Gentiloni: 'Europe has to rethink taxation' (Photo: European Commission)

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

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