Author (Corporate) | European Parliament |
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Series Title | Press Release |
Series Details | 24.05.16 |
Publication Date | 24/05/2016 |
Content Type | News |
The European Parliament's economic and monetary affairs committee welcomed in a resolution on 24 May 2016 the European Commission's proposal for an EU anti-tax avoidance directive. Members of the committee nonetheless advocated stricter limits on deductions for interest payments and an effective corporate tax rate of 15%. The proposal needs unanimous approval by the Council of the European Union, which held a policy debate on this subject on 25 May. |
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Source Link | http://www.europarl.europa.eu/news/en/news-room/20160523IPR28574/ |
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Subject Categories | Taxation |
Countries / Regions | Europe |