For those with access to International Tax Review, this article was out yesterday:
It builds on themes in this previously unpublished paper written a month or so ago on Aggregation v Consolidation and the CCCTB.
This might seem to be an issue for tax geeks: it's vital if tax competition in the EU is to be curtailed.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
Buy me a coffee!
Without even reading the paper, I would have to agree with you about the importance of getting this sort of cross border taxation right and co-ordinated.
Without common fiscal arrangements a common currency is not truly common and its cash value is variable according to geography. It’s a wonder the Euro has survived this long; and it has had some baleful consequences in the failure to distribute the spoils of advantage.
The British establishment would never ‘buy’ it. Which is one reason why there is/was promotion of Brexit from the political right.
When I’m feeling brave I’ll have look at the paper. I don’t think geeks should get to have ALL the fun.
It’s not that hard….
One reason that the euro has survived this long because once you’re in it is so damned hard to get out of.
https://www.yanisvaroufakis.eu/2011/11/27/abandoning-a-sinking-ship-a-plan-for-leaving-the-euro/
https://www.irishtimes.com/news/politics/eu-like-hotel-california-you-can-never-leave-yanis-varoufakis-1.2688702