European Union - Proposal for a Common Corporate Tax Base (CCTB): The Case for Foundational Principles
- European Union
- O. Mock
- European Taxation, 2019 (Volume 59), No 5
- 15 April 2019
The European Commission has presented a proposal for a Council Directive on a Common Corporate Tax Base (CCTB), which contains a comprehensive approach to harmonizing the rules for calculating the corporate tax base in the European Union. As the existing national rules are based on long-standing systems, critical issues arise in respect of interpretation and legal uncertainty. The present article contains a suggestion to solve this problem by introducing a system of specific European tax principles.