Commission proposes new measures on Taxation

On July 15, the European Commission proposed a new package of measures related to taxation with the aim of aiding Europe’s recovery and future growth.

The ambitious package is built on two pillars; fairness and simplicity.

Fair taxation was and still is a top priority for the European Commission and looks at protecting public revenue streams as they will eventually play a crucial role in Europe’s recovery, both long and short-term.

In terms of fairness, the package seeks to intensify fight against tax abuse and increase transparency on issues of taxation.

At the same time, rules and procedures should be simplified should this package go through.

For more information on these measures please click here.

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