EU taxation of multinationals—bypassing the unanimity blockage
The treaty requirement that EU legislation on taxation of multinationals enjoys member-state unanimity need not block progress towards harmonisation.
politics, economy and employment & labour
Tommaso Faccio is head of the secretariat of the Independent Commission for the Reform of International Corporate Taxation (ICRICT), a lecturer in accounting at Nottingham University Business School and a senior adviser to the Tax Justice Network. Francesco Saraceno is deputy department director at OFCE, the Research Centre in Economics at Sciences-Po in Paris, where he teaches European economics. He also teaches at LUISS Guido Carli in Rome.
The treaty requirement that EU legislation on taxation of multinationals enjoys member-state unanimity need not block progress towards harmonisation.
Efforts to attack multinationals’ tax avoidance at EU level fall foul of national beneficiaries. Time to try naming and shaming instead.
Social Europe ISSN 2628-7641