Moscovici criticised over common corporation tax

An MEP has criticised the European Commission over its handling of the proposed EU-wide corporation tax policy, saying it has fudged its figures trying to persuade sceptical countries to come on board.

Brian Hayes said it was “unacceptable that the commission cannot give a full country-by-country impact assessment” of the common consolidated corporate tax base.

The Commission said last last October it was looking at overhauling the way in which companies are taxed in the single market, saying it wanted to deliver a growth-friendly and fair corporate tax system. It said the tax base would create equality for multinationals in Europe by closing off avenues used for tax avoidance.