On 17 June 2015, the European Commission issued a press release announcing its Action Plan to reform corporate taxation in the EU. The plan includes five main actions:
1. Re-launching the Common Consolidated Corporate Tax Base (CCCTB)
The CCCTB would provide the best solution within the EU to the problem of aggressive tax planning. The Action Plan therefore sets out a step-by-step approach to the CCCTB, which will provide fresh momentum to this proposal.
2. Ensuring fair taxat…