On 15 February 2022, the European Parliament adopted a resolution on the impact of national tax reforms on the EU economy. Some of the main points of the resolution include the following:
With regard to the impact on SMEs, the resolution:
- Notes that tax base harmonisation such as the common corporate tax base or the 'Business in Europe: Framework for Income Taxation' (BEFIT) could reduce the cost of tax compliance for SMEs that operate in more than one Member State; welcomes, therefore, t…