Press Release: Parliament calls for corporate tax makeover

The European Parliament approved in plenary on 25 November 2015 a resolution setting out its ideas on how to make corporate taxes fairer across the European Union.

Members of the chamber urged member states to agree on mandatory country-by-country reporting by multinationals of profits and taxes, a common consolidated corporate tax base, common definitions for tax terms and more transparency and accountability with regard to their national tax 'rulings' for companies.

• Primary Source

ESO: Background information: Tough debate with multinational companies on corporate tax practices http://www.europeansources.info/record/press-release-tough-debate-with-multinational-companies-on-corporate-tax-practices/

ESO: Background information: Commission seeks views ahead of a new proposal for a Common Consolidated Corporate Tax Base (CCCTB) http://www.europeansources.info/record/press-release-commission-seeks-views-ahead-of-a-new-proposal-for-a-common-consolidated-corporate-tax-base-ccctb/

ESO: Background information: Fairer corporate taxes: Special Committee on Tax Rulings votes recommendations http://www.europeansources.info/record/press-release-fairer-corporate-taxes-special-committee-on-tax-rulings-votes-recommendations/

European Parliament: Newsroom: Press Release, 25.11.15: Interview: how the tax rulings committee came up with plans for a fairer system http://www.europarl.europa.eu/news/en/news-room/content/20151120STO03820/

EP: EPRS: At a Glance, 08.12.15: Improving corporate tax policies in the EU http://www.europarl.europa.eu/RegData/etudes/ATAG/2015/572823/EPRS_ATA(2015)572823_EN.pdf

EurActiv, 17.12.15: No progress on tax transparency without European agreement, says France http://www.euractiv.com/sections/euro-finance/no-progress-tax-transparency-without-european-agreement-says-france-320553

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