The European Sustainable Investment Forum strongly backs the European Commission in its effort to put in place a fairer and more efficient system for taxation.
Brussels, 28 January 2016 – The European Commission has issued today a legislative package aiming to combat aggressive tax practices by large companies efficiently and effectively. The Anti-Tax Avoidance Package is built around three pillars:
- Ensuring effective taxation in the EU
- Increasing tax transparency
- Securing a level playing field
The package reflects the OECD global standards approved last autumn and its two legislative proposals will now go forward to the Parliament and Council while the Commission urges Member States to agree on the new External Strategy once the Parliament formally endorses it.