BETA


2005/2120(INI) Taxation of undertakings: a common consolidated corporate tax base CCCTB

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead ECON BERSANI Pier Luigi (icon: PSE PSE)
Lead committee dossier:
Legal Basis:
RoP 54

Events

2007/06/05
   CSL - Debate in Council
Documents
2007/06/05
   CSL - Council Meeting
2007/05/02
   EC - Follow-up document
2006/04/05
   EC - Non-legislative basic document
Details

The European Commission has prepared this document in response to a number of recent developments. Most recently, the Parliamentary “Bersani Report” (see below) but also the setting up of the Common Consolidated Corporate Tax Base (CCCTB) Working Group in 2004. The purpose of this Communication is two-fold. Firstly, to report on progress to date on the CCCTB and secondly to draw attention to those areas where further political support and direction is desirable.

In presenting this Communication the Commission draws a link between the creation of a simplified corporate tax base and the Lisbon Agenda. The Lisbon Strategy is intended to play a key role in achieving competitiveness, growth and jobs in the EU. Eliminating tax obstacles, such as high compliance costs for cross-border operations and transfer pricing in the internal market, can contribute to these goals. The CCCTB, according to the Commission, promises a number of advantages. It would, for example, significantly reduce the compliance costs of companies operating across the internal market, resolve existing transfer pricing problems, allow for the consolidation of profits and losses, simplify many international restructuring operations, reduce some of the complexities arising from the co-existence of the classical and exemption approaches to international taxation (without extending into the personal tax field), avoid many situations of double taxation and remove many discriminatory restrictions. In addition, the CCCTB would contribute to greater efficiency, effectiveness, simplicity and transparency in company tax systems and remove the hiatuses between national systems.

Regarding progress to date, the Commission document discusses in detail the on-going work on the CCCTB Working Group. A distinction is drawn between the development of a common corporate tax base and a common rate. The Commission stresses that work being carried out does not include changes to the current level of Member State taxation. The level of taxation has not, and will not, form part of the discussions since this would involve discussion of the tax rate and the Commission does not intend to extend the work on the base to include work on the rate . The Commission also notes the encouraging development of Member State participation on the working group

As far as the “look” of the CCCTB is concerned the Commission distinguishes between a general objective and more specific actions. On a more general front, the Commission proposes that the CCCTB should be uniform and represent an overall simplification and broadening of the corporate tax base. As far as the details are concerned, work in the CCCTB Committee indicates that international standards should only be used as a tool in designing the base because they provide a common language and some common definitions. However, they should not form the norm given that they are not suitable to every situation and in light of the fact that they change frequently and often.

In other elements, the Commission, the European Parliament and the European Economic and Social Committee are convinced that the base should be introduced, from the outset, as a consolidated tax base. This approach, although ambitious, will bring the greatest benefits to the Internal Market. The Commission, together with the European Parliament, also continues to believe that the primary goal of the CCCTB should be optional for companies given that the primary goal is to improve the operation of the internal market rather than Member State domestic economies.

What next for the CCCTB? Internally, the Commission is committing the necessary resources to meet the ambitious work programme with a view to submitting a legislative proposal in 2008. Externally, the CCCTB Working Group has been established and provides the necessary mechanisms for discussions with Member State experts, administrations, academia and business.

In future workings on the CCCTB the Commission document notes that there are a few challenges which need to be addressed if work is to continue effectively. Firstly, there is a tendency for some experts to defend aspects of their current tax system rather than to seek a solution which could be applicable across the whole EU. Secondly, there is a tendency to postpone “difficult” elements and decisions. Thirdly, there is a growing discrepancy in the amount of resources which Member States are committing to the work, which may lead to delays in implementation. The Commission reminds its readers that it is precisely because there are so many differences between the existing national rules that there is a need for a single common solution. If each Member State were to insist on retaining its own existing rules then there could be no common base.

Further, the Commission cautions against adopting two quite different technical solutions that co-exist with national options. Such a scenario would sacrifice the principle of simplification – a central element in the establishment of a CCCTB.

In its Conclusions the Commission makes the following points:

- No formal link should be made between the definition of the CCCTB and corresponding international accounting standards (IAS/IFRS) given that not all companies are able to use them and given that the standards change frequently. The CCCTB legislation should be a self-standing document containing all the necessary definitions for determining taxable profits.

- The best approach for the CCCTB remains that of an optional tax base for companies, with consolidation and a shared approach between the Member States central to its creation.

- To continue working closely with the Member State experts given that the Commission’s eventual legislative proposal needs to be accepted by the Member States. Co-operation with business and academics will also continue in its current format.

- The quality of further work will depend on the active involvement of Member States and the Commission.

- The introduction of a simple, modern and transparent common consolidated tax base will necessarily involve each Member State making some changes otherwise the benefits of a common base will not be realised, hence the importance of open-mindedness and flexibility by all participants in this process.

The Commission would welcome political support and direction from the Member States for the Conclusions outlined above.

2006/04/04
   EC - Non-legislative basic document published
Details

The European Commission has prepared this document in response to a number of recent developments. Most recently, the Parliamentary “Bersani Report” (see below) but also the setting up of the Common Consolidated Corporate Tax Base (CCCTB) Working Group in 2004. The purpose of this Communication is two-fold. Firstly, to report on progress to date on the CCCTB and secondly to draw attention to those areas where further political support and direction is desirable.

In presenting this Communication the Commission draws a link between the creation of a simplified corporate tax base and the Lisbon Agenda. The Lisbon Strategy is intended to play a key role in achieving competitiveness, growth and jobs in the EU. Eliminating tax obstacles, such as high compliance costs for cross-border operations and transfer pricing in the internal market, can contribute to these goals. The CCCTB, according to the Commission, promises a number of advantages. It would, for example, significantly reduce the compliance costs of companies operating across the internal market, resolve existing transfer pricing problems, allow for the consolidation of profits and losses, simplify many international restructuring operations, reduce some of the complexities arising from the co-existence of the classical and exemption approaches to international taxation (without extending into the personal tax field), avoid many situations of double taxation and remove many discriminatory restrictions. In addition, the CCCTB would contribute to greater efficiency, effectiveness, simplicity and transparency in company tax systems and remove the hiatuses between national systems.

Regarding progress to date, the Commission document discusses in detail the on-going work on the CCCTB Working Group. A distinction is drawn between the development of a common corporate tax base and a common rate. The Commission stresses that work being carried out does not include changes to the current level of Member State taxation. The level of taxation has not, and will not, form part of the discussions since this would involve discussion of the tax rate and the Commission does not intend to extend the work on the base to include work on the rate . The Commission also notes the encouraging development of Member State participation on the working group

As far as the “look” of the CCCTB is concerned the Commission distinguishes between a general objective and more specific actions. On a more general front, the Commission proposes that the CCCTB should be uniform and represent an overall simplification and broadening of the corporate tax base. As far as the details are concerned, work in the CCCTB Committee indicates that international standards should only be used as a tool in designing the base because they provide a common language and some common definitions. However, they should not form the norm given that they are not suitable to every situation and in light of the fact that they change frequently and often.

In other elements, the Commission, the European Parliament and the European Economic and Social Committee are convinced that the base should be introduced, from the outset, as a consolidated tax base. This approach, although ambitious, will bring the greatest benefits to the Internal Market. The Commission, together with the European Parliament, also continues to believe that the primary goal of the CCCTB should be optional for companies given that the primary goal is to improve the operation of the internal market rather than Member State domestic economies.

What next for the CCCTB? Internally, the Commission is committing the necessary resources to meet the ambitious work programme with a view to submitting a legislative proposal in 2008. Externally, the CCCTB Working Group has been established and provides the necessary mechanisms for discussions with Member State experts, administrations, academia and business.

In future workings on the CCCTB the Commission document notes that there are a few challenges which need to be addressed if work is to continue effectively. Firstly, there is a tendency for some experts to defend aspects of their current tax system rather than to seek a solution which could be applicable across the whole EU. Secondly, there is a tendency to postpone “difficult” elements and decisions. Thirdly, there is a growing discrepancy in the amount of resources which Member States are committing to the work, which may lead to delays in implementation. The Commission reminds its readers that it is precisely because there are so many differences between the existing national rules that there is a need for a single common solution. If each Member State were to insist on retaining its own existing rules then there could be no common base.

Further, the Commission cautions against adopting two quite different technical solutions that co-exist with national options. Such a scenario would sacrifice the principle of simplification – a central element in the establishment of a CCCTB.

In its Conclusions the Commission makes the following points:

- No formal link should be made between the definition of the CCCTB and corresponding international accounting standards (IAS/IFRS) given that not all companies are able to use them and given that the standards change frequently. The CCCTB legislation should be a self-standing document containing all the necessary definitions for determining taxable profits.

- The best approach for the CCCTB remains that of an optional tax base for companies, with consolidation and a shared approach between the Member States central to its creation.

- To continue working closely with the Member State experts given that the Commission’s eventual legislative proposal needs to be accepted by the Member States. Co-operation with business and academics will also continue in its current format.

- The quality of further work will depend on the active involvement of Member States and the Commission.

- The introduction of a simple, modern and transparent common consolidated tax base will necessarily involve each Member State making some changes otherwise the benefits of a common base will not be realised, hence the importance of open-mindedness and flexibility by all participants in this process.

The Commission would welcome political support and direction from the Member States for the Conclusions outlined above.

2006/03/13
   EC - Commission response to text adopted in plenary
Documents
2006/02/14
   ESC - Economic and Social Committee: opinion, report
Documents
2006/01/12
   EC - Commission response to text adopted in plenary
Documents
2005/12/13
   EP - Results of vote in Parliament
2005/12/13
   EP - Decision by Parliament
Details

The European Parliament adopted a resolution drafted by Pier Luigi BERSANI (PES, IT) on a common consolidated corporate tax base by 392 votes in favour, 121 against and 89 abstentions. (Please see the summary of 29/11/2005.) It began by noting that European companies operating in the internal market are hampered by tax obstacles, problems of double taxation and high compliance costs when they invest or operate in another Member State. Closer cooperation between the Member States is needed with regard to the bases of company taxation, in order to remove the tax obstacles linked to specific issues such as cross-border offsetting of profits and losses, transfer pricing for tax purposes, merger and acquisition operations, and cross-border restructuring operations and the payment of dividends between associated companies.

Parliament welcomed the Commission’s proposals but regretted that some Member States still reject the need for greater cooperation on tax matters, in particular with regard to the tax bases applicable to companies, bearing in mind the fact that coordination between the Member States with regard to company taxation is one of the instruments laid down in the 'integrated guidelines'

A common consolidated corporate tax base at European level: the introduction of a common consolidated corporate tax base will not in any way prejudice the fundamental prerogatives of the Member States regarding tax matters, and in particular their right to set the rates of national corporation tax. Parliament believed, however, that harmonisation of the corporate tax base will create the conditions for more transparent public and fiscal policies and enable capital to be put to the best possible use, thereby helping to attain the Lisbon goals. The best way of ensuring the creation of a common consolidated corporate tax base at European level is to define a framework of common standards via a regulation based on two complementary elements: the creation of a common tax base in accordance with European rules and the development of a method of consolidation, as well as a method of tax base apportionment among the Member States concerned, which will allow companies to offset and consolidate profits and losses globally throughout the EU. The objective of introducing a CCCTB at European level could also be achieved through the mechanism of enhanced cooperation if Member States are unable to reach unanimous agreement. The mechanism - though representing a second-best option compared to the unanimous agreement of Member States - would allow the great majority of European countries to progress in the field of a common framework for company taxation while affording the other Member States the possibility of joining in at a later stage. Parliament advocated a step-by-step approach, with the initial introduction of an optional common consolidated tax base - which will leave enterprises the choice between existing national tax bases and a European tax base - followed by an assessment in the medium term to examine the advisability of moving to a compulsory common consolidated tax base.

The system of home State taxation for SMEs: the potential of SMEs for growth, in terms of markets, cross-border activities and the capacity to establish themselves in other Member States, falls foul of the high costs of compliance with the different national tax systems, which have proportionately a far greater impact on SMEs than on large companies. The system of home State taxation could constitute a considerable simplification for the cross-border activities of SMEs. Parliament supported the Commission proposal for a pilot project based on this system, which will make it possible for SMEs to calculate the taxable revenue of the parent company and of all the branches and subsidiaries established in other Member States participating in the project by applying the tax rules in force in their home States.

Parliament deplored the fact that the Member States are not showing the requisite interest in and commitment to getting rid of tax obstacles which hamper the activities of SMEs, and that they are making no effort to implement the pilot project proposed by the Commission. It urged Member States, and in particular those with economically integrated cross-border regions, to join the pilot project and thus supply worthwhile, reproducible experience.

Documents
2005/12/13
   EP - End of procedure in Parliament
2005/12/12
   EP - Debate in Parliament
2005/12/02
   EP - Committee report tabled for plenary, single reading
Documents
2005/12/02
   EP - Committee report tabled for plenary
Documents
2005/11/29
   EP - Vote in committee
Details

The committee adopted the own-initiative report by Pier Luigi BERSANI (PES, IT) on a common consolidated corporate tax base within the EU. Noting that European companies are hampered by tax obstacles, problems of double taxation and high compliance costs when they invest or operate in another Member State, the committee welcomed the Commission's new proposals for a common consolidated corporate tax base at European level for large companies and the "experimental and considered" introduction of the system of home state taxation for SMEs.

MEPs argued that the common consolidated corporate tax base would make it possible to determine the taxable revenue of a group of companies according to a set of common rules defined at European level. This would be the best way of tackling the tax obstacles hampering companies' cross-border activities, which had a negative impact on economic growth and corporate competitiveness in both the internal EU market and the international market. The committee stressed that the aim would be to remove barriers set up by different national tax systems, to reduce bureaucracy and compliance costs, to create equal conditions for companies based in different Member States and to remove problems of double taxation and tax evasion.

The report reaffirmed that this would not in any way prejudice the fundamental rights of the Member States on tax matters, in particular the right to set the rates of national corporate taxation. MEPs regretted that some Member States still rejected the need for greater cooperation on tax matters, in particular tax bases applicable to companies. They said that the best way forward would be via an EU regulation creating a common tax base and a method of apportionment among the Member States, allowing companies to offset and consolidate profits and losses globally throughout the EU. A "second-best option" would be to use the enhanced cooperation mechanism, which allows some Member States to go ahead with a project applying only to those in favour if the necessary unanimity for EU-wide action cannot be reached. The committee advocated a step-by-step approach, initially giving companies the choice between existing national tax bases and a European tax base, followed by an assessment to examine the advisability of moving to a compulsory common consolidated tax base.

On the issue of home state taxation for SMEs, the committee supported the Commission proposal for a pilot project to test the scheme, which would allow SMEs to calculate the taxable revenue of a parent company and all its branches and subsidiaries in other Member States by applying the tax rules of the home State. It pointed out, however, that it would be necessary to establish a mechanism for sharing the tax revenue between the participating Member States.

2005/10/18
   EP - Amendments tabled in committee
Documents
2005/07/04
   EP - Committee referral announced in Parliament
2005/06/07
   CSL - Resolution/conclusions adopted by Council
2004/09/23
   EP - BERSANI Pier Luigi (PSE) appointed as rapporteur in ECON

Documents

Votes

Rapport Bersani A6-0386/2005 - am. 6 #

2005/12/13 Outcome: -: 383, +: 126, 0: 105
AT DK CY PT FR EE LU SK BE FI SI MT NL HU LV CZ IE LT EL ES SE IT DE PL GB
Total
16
13
5
20
65
6
5
12
19
12
7
5
24
19
9
23
11
12
17
47
17
52
82
48
68
icon: PSE PSE
173

Estonia PSE

For (1)

3

Slovakia PSE

3

Finland PSE

Abstain (1)

3

Slovenia PSE

For (1)

1

Czechia PSE

For (1)

Abstain (1)

2

Ireland PSE

1

Lithuania PSE

2
icon: Verts/ALE Verts/ALE
34

Austria Verts/ALE

1

Denmark Verts/ALE

For (1)

1

Luxembourg Verts/ALE

For (1)

1

Belgium Verts/ALE

2

Finland Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Sweden Verts/ALE

Against (1)

1

Italy Verts/ALE

2

United Kingdom Verts/ALE

For (1)

Against (2)

3
icon: GUE/NGL GUE/NGL
28

Cyprus GUE/NGL

2

Portugal GUE/NGL

2

France GUE/NGL

3

Finland GUE/NGL

Against (1)

1

Netherlands GUE/NGL

For (1)

1

Ireland GUE/NGL

Against (1)

1

Spain GUE/NGL

For (1)

1

Sweden GUE/NGL

Against (1)

1

United Kingdom GUE/NGL

Against (1)

1
icon: NI NI
26

Austria NI

Against (1)

2

Slovakia NI

Abstain (2)

3

Belgium NI

2

Czechia NI

Against (1)

1

Italy NI

2

United Kingdom NI

Abstain (1)

4
icon: UEN UEN
24

Denmark UEN

Against (1)

1

Ireland UEN

3

Lithuania UEN

2
icon: IND/DEM IND/DEM
27

Denmark IND/DEM

Against (1)

1

France IND/DEM

Against (1)

1

Netherlands IND/DEM

2

Czechia IND/DEM

Against (1)

1

Greece IND/DEM

Against (1)

1

Sweden IND/DEM

3
icon: ALDE ALDE
72

Austria ALDE

1

Denmark ALDE

Abstain (1)

4

Cyprus ALDE

Against (1)

1

Estonia ALDE

Against (2)

2

Luxembourg ALDE

Against (1)

1
3

Slovenia ALDE

2

Hungary ALDE

Against (1)

1

Latvia ALDE

Against (1)

1

Ireland ALDE

Against (1)

1
2

Sweden ALDE

3
icon: PPE-DE PPE-DE
230

Denmark PPE-DE

Against (1)

1

Cyprus PPE-DE

2

Estonia PPE-DE

Against (1)

1

Luxembourg PPE-DE

3
4

Slovenia PPE-DE

4

Malta PPE-DE

Against (2)

2

Latvia PPE-DE

3

Lithuania PPE-DE

2

Rapport Bersani A6-0386/2005 - am. 5 #

2005/12/13 Outcome: -: 385, +: 116, 0: 113
AT DK CY EE FR FI SK BE LU SI MT PT LV CZ NL IE LT EL HU ES SE IT DE PL GB
Total
16
13
5
6
66
13
12
19
6
7
5
20
9
23
24
11
12
17
19
44
17
54
82
48
66
icon: PSE PSE
173

Estonia PSE

For (1)

3

Finland PSE

Abstain (1)

3

Slovakia PSE

3

Luxembourg PSE

Against (1)

1

Slovenia PSE

For (1)

1

Czechia PSE

For (1)

Abstain (1)

2

Ireland PSE

1

Lithuania PSE

2
icon: Verts/ALE Verts/ALE
33

Austria Verts/ALE

1

Denmark Verts/ALE

For (1)

1

Finland Verts/ALE

For (1)

1

Belgium Verts/ALE

2

Luxembourg Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Sweden Verts/ALE

Against (1)

1

Italy Verts/ALE

1

United Kingdom Verts/ALE

Against (2)

2
icon: GUE/NGL GUE/NGL
28

Cyprus GUE/NGL

2

France GUE/NGL

3

Finland GUE/NGL

For (1)

1

Portugal GUE/NGL

2

Netherlands GUE/NGL

For (1)

1

Ireland GUE/NGL

Against (1)

1

Spain GUE/NGL

For (1)

1

Sweden GUE/NGL

Against (1)

1

United Kingdom GUE/NGL

Against (1)

1
icon: NI NI
27

Austria NI

Against (1)

2

Slovakia NI

Abstain (2)

3

Belgium NI

2

Czechia NI

Against (1)

1

Italy NI

2

United Kingdom NI

Abstain (1)

4
icon: UEN UEN
24

Denmark UEN

Against (1)

1

Ireland UEN

3

Lithuania UEN

2
icon: IND/DEM IND/DEM
27

Denmark IND/DEM

Against (1)

1

France IND/DEM

Against (1)

1

Czechia IND/DEM

Against (1)

1

Netherlands IND/DEM

2

Greece IND/DEM

Against (1)

1

Sweden IND/DEM

3
icon: ALDE ALDE
73

Austria ALDE

Abstain (1)

1

Denmark ALDE

Abstain (1)

4

Cyprus ALDE

Against (1)

1

Estonia ALDE

Against (2)

2

Luxembourg ALDE

Against (1)

1

Slovenia ALDE

2

Latvia ALDE

Against (1)

1

Ireland ALDE

Against (1)

1

Hungary ALDE

Against (1)

1
2

Sweden ALDE

3
icon: PPE-DE PPE-DE
229

Denmark PPE-DE

Against (1)

1

Cyprus PPE-DE

2

Estonia PPE-DE

Against (1)

1
4

Luxembourg PPE-DE

3

Slovenia PPE-DE

4

Malta PPE-DE

Against (2)

2

Latvia PPE-DE

3

Lithuania PPE-DE

2

Rapport Bersani A6-0386/2005 - résolution #

2005/12/13 Outcome: +: 392, -: 121, 0: 89
DE IT FR ES NL PL PT EL BE FI LT SK DK SE AT HU SI EE MT LU CY IE LV CZ GB
Total
80
51
63
43
24
47
20
17
19
13
12
12
13
17
16
18
7
6
4
6
5
11
9
22
67
icon: PSE PSE
173

Lithuania PSE

2

Slovenia PSE

For (1)

1

Estonia PSE

Abstain (1)

3

Luxembourg PSE

For (1)

1

Ireland PSE

1

Czechia PSE

For (1)

Abstain (1)

2
icon: PPE-DE PPE-DE
220
2

Denmark PPE-DE

For (1)

1

Estonia PPE-DE

For (1)

1

Malta PPE-DE

For (1)

1

Luxembourg PPE-DE

Against (1)

3

Cyprus PPE-DE

2

Ireland PPE-DE

Against (1)

Abstain (1)

5

Latvia PPE-DE

Against (1)

3
icon: ALDE ALDE
72

Sweden ALDE

3

Austria ALDE

1

Hungary ALDE

1

Slovenia ALDE

2

Estonia ALDE

2

Luxembourg ALDE

For (1)

1

Cyprus ALDE

For (1)

1

Ireland ALDE

For (1)

1

Latvia ALDE

1
icon: Verts/ALE Verts/ALE
34

Italy Verts/ALE

Abstain (1)

1

Belgium Verts/ALE

2

Finland Verts/ALE

Abstain (1)

1

Denmark Verts/ALE

Abstain (1)

1

Sweden Verts/ALE

Abstain (1)

1

Austria Verts/ALE

Abstain (1)

1

Luxembourg Verts/ALE

Abstain (1)

1

Latvia Verts/ALE

Abstain (1)

1

United Kingdom Verts/ALE

Against (2)

Abstain (1)

3
icon: UEN UEN
24

Lithuania UEN

Against (1)

Abstain (1)

2

Denmark UEN

Against (1)

1

Ireland UEN

3
icon: NI NI
26

Italy NI

Abstain (1)

2

Belgium NI

2

Austria NI

2

Czechia NI

Against (1)

1

United Kingdom NI

4
icon: IND/DEM IND/DEM
27

Italy IND/DEM

3

France IND/DEM

Against (1)

1

Netherlands IND/DEM

2

Greece IND/DEM

Abstain (1)

1

Denmark IND/DEM

Against (1)

1

Sweden IND/DEM

3

Czechia IND/DEM

Abstain (1)

1
icon: GUE/NGL GUE/NGL
26

Germany GUE/NGL

3

France GUE/NGL

3

Spain GUE/NGL

Against (1)

1

Netherlands GUE/NGL

Against (1)

1

Portugal GUE/NGL

2

Greece GUE/NGL

Against (1)

1

Finland GUE/NGL

Against (1)

1

Sweden GUE/NGL

Against (1)

1

Cyprus GUE/NGL

2

Ireland GUE/NGL

Against (1)

1

United Kingdom GUE/NGL

Against (1)

1

History

(these mark the time of scraping, not the official date of the change)

docs/0
date
2005-10-18T00:00:00
docs
title: PE364.681
type
Amendments tabled in committee
body
EP
docs/0
date
2005-05-11T00:00:00
docs
title: PE357.530
type
Committee draft report
body
EP
docs/0/docs/0/url
https://www.europarl.europa.eu/doceo/document/ECON-AM-364681_EN.html
docs/1
date
2005-10-18T00:00:00
docs
title: PE364.681
type
Amendments tabled in committee
body
EP
docs/2
date
2006-01-12T00:00:00
docs
title: SP(2006)0053
type
Commission response to text adopted in plenary
body
EC
docs/3
date
2006-01-12T00:00:00
docs
title: SP(2006)0053
type
Commission response to text adopted in plenary
body
EC
docs/3/docs/0/url
/oeil/spdoc.do?i=4361&j=1&l=en
docs/4
date
2006-03-13T00:00:00
docs
title: SP(2006)0453/2
type
Commission response to text adopted in plenary
body
EC
docs/5
date
2006-03-13T00:00:00
docs
title: SP(2006)0453/2
type
Commission response to text adopted in plenary
body
EC
docs/5
date
2006-04-05T00:00:00
docs
summary
type
Non-legislative basic document
body
EC
docs/5/docs/0/url
/oeil/spdoc.do?i=4361&j=0&l=en
events/8/date
Old
2006-04-05T00:00:00
New
2006-04-04T00:00:00
docs/2/docs/0/url
Old
http://www.europarl.europa.eu/doceo/document/A-6-2005-0386_EN.html
New
https://www.europarl.europa.eu/doceo/document/A-6-2005-0386_EN.html
docs/4/docs/0/url
Old
https://dm.eesc.europa.eu/EESCDocumentSearch/Pages/redresults.aspx?k=(documenttype:AC)(documentnumber:0241)(documentyear:2006)(documentlanguage:EN)
New
https://dmsearch.eesc.europa.eu/search/public?k=(documenttype:AC)(documentnumber:0241)(documentyear:2006)(documentlanguage:EN)
docs/6/docs/0/url
Old
http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2007/0223/COM_COM(2007)0223_EN.pdf
New
http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2007/0223/COM_COM(2007)0223_EN.pdf
events/1/type
Old
Committee referral announced in Parliament, 1st reading/single reading
New
Committee referral announced in Parliament
events/2/type
Old
Vote in committee, 1st reading/single reading
New
Vote in committee
events/3
date
2005-12-02T00:00:00
type
Committee report tabled for plenary
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/A-6-2005-0386_EN.html title: A6-0386/2005
events/3
date
2005-12-02T00:00:00
type
Committee report tabled for plenary, single reading
body
EP
docs
url: http://www.europarl.europa.eu/doceo/document/A-6-2005-0386_EN.html title: A6-0386/2005
events/4/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20051212&type=CRE
New
https://www.europarl.europa.eu/doceo/document/EN&reference=20051212&type=CRE
events/6
date
2005-12-13T00:00:00
type
Decision by Parliament
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/TA-6-2005-0511_EN.html title: T6-0511/2005
summary
events/6
date
2005-12-13T00:00:00
type
Decision by Parliament, 1st reading/single reading
body
EP
docs
url: http://www.europarl.europa.eu/doceo/document/TA-6-2005-0511_EN.html title: T6-0511/2005
summary
procedure/legal_basis/0
Rules of Procedure EP 54
procedure/legal_basis/0
Rules of Procedure EP 52
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
rapporteur
name: BERSANI Pier Luigi date: 2004-09-23T00:00:00 group: Socialist Group in the European Parliament abbr: PSE
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
date
2004-09-23T00:00:00
rapporteur
name: BERSANI Pier Luigi group: Socialist Group in the European Parliament abbr: PSE
docs/2/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-386&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-6-2005-0386_EN.html
docs/3/body
EC
docs/5/body
EC
events/3/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-386&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-6-2005-0386_EN.html
events/6/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2005-511
New
http://www.europarl.europa.eu/doceo/document/TA-6-2005-0511_EN.html
activities
  • date: 2005-06-07T00:00:00 body: CSL type: Resolution/conclusions adopted by Council
  • date: 2005-07-04T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2004-09-23T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERSANI Pier Luigi
  • date: 2005-11-29T00:00:00 body: EP committees: body: EP responsible: True committee: ECON date: 2004-09-23T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERSANI Pier Luigi type: Vote in committee, 1st reading/single reading
  • date: 2005-12-02T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-386&language=EN type: Committee report tabled for plenary, single reading title: A6-0386/2005 body: EP type: Committee report tabled for plenary, single reading
  • date: 2005-12-12T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20051212&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
  • date: 2005-12-13T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=4361&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2005-511 type: Decision by Parliament, 1st reading/single reading title: T6-0511/2005 body: EP type: Results of vote in Parliament
  • date: 2006-04-05T00:00:00 docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2006/0157/COM_COM(2006)0157_EN.pdf title: COM(2006)0157 type: Non-legislative basic document published celexid: CELEX:52006DC0157:EN body: EC commission: type: Non-legislative basic document published
  • body: CSL meeting_id: 2804 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2804*&MEET_DATE=05/06/2007 type: Debate in Council title: 2804 council: Economic and Financial Affairs ECOFIN date: 2007-06-05T00:00:00 type: Council Meeting
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
date
2004-09-23T00:00:00
rapporteur
name: BERSANI Pier Luigi group: Socialist Group in the European Parliament abbr: PSE
committees/0
body
EP
responsible
True
committee
ECON
date
2004-09-23T00:00:00
committee_full
Economic and Monetary Affairs
rapporteur
group: PSE name: BERSANI Pier Luigi
council
  • body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2804 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2804*&MEET_DATE=05/06/2007 date: 2007-06-05T00:00:00
docs
  • date: 2005-05-11T00:00:00 docs: title: PE357.530 type: Committee draft report body: EP
  • date: 2005-10-18T00:00:00 docs: title: PE364.681 type: Amendments tabled in committee body: EP
  • date: 2005-12-02T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-386&language=EN title: A6-0386/2005 type: Committee report tabled for plenary, single reading body: EP
  • date: 2006-01-12T00:00:00 docs: url: /oeil/spdoc.do?i=4361&j=1&l=en title: SP(2006)0053 type: Commission response to text adopted in plenary
  • date: 2006-02-14T00:00:00 docs: url: https://dm.eesc.europa.eu/EESCDocumentSearch/Pages/redresults.aspx?k=(documenttype:AC)(documentnumber:0241)(documentyear:2006)(documentlanguage:EN) title: CES0241/2006 type: Economic and Social Committee: opinion, report body: ESC
  • date: 2006-03-13T00:00:00 docs: url: /oeil/spdoc.do?i=4361&j=0&l=en title: SP(2006)0453/2 type: Commission response to text adopted in plenary
  • date: 2007-05-02T00:00:00 docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2007/0223/COM_COM(2007)0223_EN.pdf title: COM(2007)0223 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2007&nu_doc=223 title: EUR-Lex type: Follow-up document body: EC
events
  • date: 2005-06-07T00:00:00 type: Resolution/conclusions adopted by Council body: CSL
  • date: 2005-07-04T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2005-11-29T00:00:00 type: Vote in committee, 1st reading/single reading body: EP summary: The committee adopted the own-initiative report by Pier Luigi BERSANI (PES, IT) on a common consolidated corporate tax base within the EU. Noting that European companies are hampered by tax obstacles, problems of double taxation and high compliance costs when they invest or operate in another Member State, the committee welcomed the Commission's new proposals for a common consolidated corporate tax base at European level for large companies and the "experimental and considered" introduction of the system of home state taxation for SMEs. MEPs argued that the common consolidated corporate tax base would make it possible to determine the taxable revenue of a group of companies according to a set of common rules defined at European level. This would be the best way of tackling the tax obstacles hampering companies' cross-border activities, which had a negative impact on economic growth and corporate competitiveness in both the internal EU market and the international market. The committee stressed that the aim would be to remove barriers set up by different national tax systems, to reduce bureaucracy and compliance costs, to create equal conditions for companies based in different Member States and to remove problems of double taxation and tax evasion. The report reaffirmed that this would not in any way prejudice the fundamental rights of the Member States on tax matters, in particular the right to set the rates of national corporate taxation. MEPs regretted that some Member States still rejected the need for greater cooperation on tax matters, in particular tax bases applicable to companies. They said that the best way forward would be via an EU regulation creating a common tax base and a method of apportionment among the Member States, allowing companies to offset and consolidate profits and losses globally throughout the EU. A "second-best option" would be to use the enhanced cooperation mechanism, which allows some Member States to go ahead with a project applying only to those in favour if the necessary unanimity for EU-wide action cannot be reached. The committee advocated a step-by-step approach, initially giving companies the choice between existing national tax bases and a European tax base, followed by an assessment to examine the advisability of moving to a compulsory common consolidated tax base. On the issue of home state taxation for SMEs, the committee supported the Commission proposal for a pilot project to test the scheme, which would allow SMEs to calculate the taxable revenue of a parent company and all its branches and subsidiaries in other Member States by applying the tax rules of the home State. It pointed out, however, that it would be necessary to establish a mechanism for sharing the tax revenue between the participating Member States.
  • date: 2005-12-02T00:00:00 type: Committee report tabled for plenary, single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-386&language=EN title: A6-0386/2005
  • date: 2005-12-12T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20051212&type=CRE title: Debate in Parliament
  • date: 2005-12-13T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=4361&l=en title: Results of vote in Parliament
  • date: 2005-12-13T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2005-511 title: T6-0511/2005 summary: The European Parliament adopted a resolution drafted by Pier Luigi BERSANI (PES, IT) on a common consolidated corporate tax base by 392 votes in favour, 121 against and 89 abstentions. (Please see the summary of 29/11/2005.) It began by noting that European companies operating in the internal market are hampered by tax obstacles, problems of double taxation and high compliance costs when they invest or operate in another Member State. Closer cooperation between the Member States is needed with regard to the bases of company taxation, in order to remove the tax obstacles linked to specific issues such as cross-border offsetting of profits and losses, transfer pricing for tax purposes, merger and acquisition operations, and cross-border restructuring operations and the payment of dividends between associated companies. Parliament welcomed the Commission’s proposals but regretted that some Member States still reject the need for greater cooperation on tax matters, in particular with regard to the tax bases applicable to companies, bearing in mind the fact that coordination between the Member States with regard to company taxation is one of the instruments laid down in the 'integrated guidelines' A common consolidated corporate tax base at European level: the introduction of a common consolidated corporate tax base will not in any way prejudice the fundamental prerogatives of the Member States regarding tax matters, and in particular their right to set the rates of national corporation tax. Parliament believed, however, that harmonisation of the corporate tax base will create the conditions for more transparent public and fiscal policies and enable capital to be put to the best possible use, thereby helping to attain the Lisbon goals. The best way of ensuring the creation of a common consolidated corporate tax base at European level is to define a framework of common standards via a regulation based on two complementary elements: the creation of a common tax base in accordance with European rules and the development of a method of consolidation, as well as a method of tax base apportionment among the Member States concerned, which will allow companies to offset and consolidate profits and losses globally throughout the EU. The objective of introducing a CCCTB at European level could also be achieved through the mechanism of enhanced cooperation if Member States are unable to reach unanimous agreement. The mechanism - though representing a second-best option compared to the unanimous agreement of Member States - would allow the great majority of European countries to progress in the field of a common framework for company taxation while affording the other Member States the possibility of joining in at a later stage. Parliament advocated a step-by-step approach, with the initial introduction of an optional common consolidated tax base - which will leave enterprises the choice between existing national tax bases and a European tax base - followed by an assessment in the medium term to examine the advisability of moving to a compulsory common consolidated tax base. The system of home State taxation for SMEs: the potential of SMEs for growth, in terms of markets, cross-border activities and the capacity to establish themselves in other Member States, falls foul of the high costs of compliance with the different national tax systems, which have proportionately a far greater impact on SMEs than on large companies. The system of home State taxation could constitute a considerable simplification for the cross-border activities of SMEs. Parliament supported the Commission proposal for a pilot project based on this system, which will make it possible for SMEs to calculate the taxable revenue of the parent company and of all the branches and subsidiaries established in other Member States participating in the project by applying the tax rules in force in their home States. Parliament deplored the fact that the Member States are not showing the requisite interest in and commitment to getting rid of tax obstacles which hamper the activities of SMEs, and that they are making no effort to implement the pilot project proposed by the Commission. It urged Member States, and in particular those with economically integrated cross-border regions, to join the pilot project and thus supply worthwhile, reproducible experience.
  • date: 2005-12-13T00:00:00 type: End of procedure in Parliament body: EP
  • date: 2006-04-05T00:00:00 type: Non-legislative basic document published body: EC docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2006/0157/COM_COM(2006)0157_EN.pdf title: COM(2006)0157 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2006&nu_doc=157 title: EUR-Lex summary: The European Commission has prepared this document in response to a number of recent developments. Most recently, the Parliamentary “Bersani Report” (see below) but also the setting up of the Common Consolidated Corporate Tax Base (CCCTB) Working Group in 2004. The purpose of this Communication is two-fold. Firstly, to report on progress to date on the CCCTB and secondly to draw attention to those areas where further political support and direction is desirable. In presenting this Communication the Commission draws a link between the creation of a simplified corporate tax base and the Lisbon Agenda. The Lisbon Strategy is intended to play a key role in achieving competitiveness, growth and jobs in the EU. Eliminating tax obstacles, such as high compliance costs for cross-border operations and transfer pricing in the internal market, can contribute to these goals. The CCCTB, according to the Commission, promises a number of advantages. It would, for example, significantly reduce the compliance costs of companies operating across the internal market, resolve existing transfer pricing problems, allow for the consolidation of profits and losses, simplify many international restructuring operations, reduce some of the complexities arising from the co-existence of the classical and exemption approaches to international taxation (without extending into the personal tax field), avoid many situations of double taxation and remove many discriminatory restrictions. In addition, the CCCTB would contribute to greater efficiency, effectiveness, simplicity and transparency in company tax systems and remove the hiatuses between national systems. Regarding progress to date, the Commission document discusses in detail the on-going work on the CCCTB Working Group. A distinction is drawn between the development of a common corporate tax base and a common rate. The Commission stresses that work being carried out does not include changes to the current level of Member State taxation. The level of taxation has not, and will not, form part of the discussions since this would involve discussion of the tax rate and the Commission does not intend to extend the work on the base to include work on the rate . The Commission also notes the encouraging development of Member State participation on the working group As far as the “look” of the CCCTB is concerned the Commission distinguishes between a general objective and more specific actions. On a more general front, the Commission proposes that the CCCTB should be uniform and represent an overall simplification and broadening of the corporate tax base. As far as the details are concerned, work in the CCCTB Committee indicates that international standards should only be used as a tool in designing the base because they provide a common language and some common definitions. However, they should not form the norm given that they are not suitable to every situation and in light of the fact that they change frequently and often. In other elements, the Commission, the European Parliament and the European Economic and Social Committee are convinced that the base should be introduced, from the outset, as a consolidated tax base. This approach, although ambitious, will bring the greatest benefits to the Internal Market. The Commission, together with the European Parliament, also continues to believe that the primary goal of the CCCTB should be optional for companies given that the primary goal is to improve the operation of the internal market rather than Member State domestic economies. What next for the CCCTB? Internally, the Commission is committing the necessary resources to meet the ambitious work programme with a view to submitting a legislative proposal in 2008. Externally, the CCCTB Working Group has been established and provides the necessary mechanisms for discussions with Member State experts, administrations, academia and business. In future workings on the CCCTB the Commission document notes that there are a few challenges which need to be addressed if work is to continue effectively. Firstly, there is a tendency for some experts to defend aspects of their current tax system rather than to seek a solution which could be applicable across the whole EU. Secondly, there is a tendency to postpone “difficult” elements and decisions. Thirdly, there is a growing discrepancy in the amount of resources which Member States are committing to the work, which may lead to delays in implementation. The Commission reminds its readers that it is precisely because there are so many differences between the existing national rules that there is a need for a single common solution. If each Member State were to insist on retaining its own existing rules then there could be no common base. Further, the Commission cautions against adopting two quite different technical solutions that co-exist with national options. Such a scenario would sacrifice the principle of simplification – a central element in the establishment of a CCCTB. In its Conclusions the Commission makes the following points: - No formal link should be made between the definition of the CCCTB and corresponding international accounting standards (IAS/IFRS) given that not all companies are able to use them and given that the standards change frequently. The CCCTB legislation should be a self-standing document containing all the necessary definitions for determining taxable profits. - The best approach for the CCCTB remains that of an optional tax base for companies, with consolidation and a shared approach between the Member States central to its creation. - To continue working closely with the Member State experts given that the Commission’s eventual legislative proposal needs to be accepted by the Member States. Co-operation with business and academics will also continue in its current format. - The quality of further work will depend on the active involvement of Member States and the Commission. - The introduction of a simple, modern and transparent common consolidated tax base will necessarily involve each Member State making some changes otherwise the benefits of a common base will not be realised, hence the importance of open-mindedness and flexibility by all participants in this process. The Commission would welcome political support and direction from the Member States for the Conclusions outlined above.
  • date: 2007-06-05T00:00:00 type: Debate in Council body: CSL docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2804*&MEET_DATE=05/06/2007 title: 2804
links
other
    procedure/dossier_of_the_committee
    Old
    ECON/6/24449
    New
    • ECON/6/24449
    procedure/legal_basis/0
    Rules of Procedure EP 52
    procedure/legal_basis/0
    Rules of Procedure of the European Parliament EP 052
    procedure/subject
    Old
    • 3.45.04 Company taxation
    New
    3.45.04
    Company taxation
    activities/6/docs/0/url
    Old
    http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2006/0157/COM_COM(2006)0157_EN.pdf
    New
    http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2006/0157/COM_COM(2006)0157_EN.pdf
    activities
    • date: 2005-06-07T00:00:00 body: CSL type: Resolution/conclusions adopted by Council
    • date: 2005-07-04T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2004-09-23T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERSANI Pier Luigi
    • date: 2005-11-29T00:00:00 body: EP committees: body: EP responsible: True committee: ECON date: 2004-09-23T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERSANI Pier Luigi type: Vote in committee, 1st reading/single reading
    • date: 2005-12-02T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2005-386&language=EN type: Committee report tabled for plenary, single reading title: A6-0386/2005 body: EP type: Committee report tabled for plenary, single reading
    • date: 2005-12-12T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20051212&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
    • date: 2005-12-13T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=4361&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2005-511 type: Decision by Parliament, 1st reading/single reading title: T6-0511/2005 body: EP type: Results of vote in Parliament
    • date: 2006-04-05T00:00:00 docs: url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2006/0157/COM_COM(2006)0157_EN.pdf celexid: CELEX:52006DC0157:EN type: Non-legislative basic document published title: COM(2006)0157 type: Non-legislative basic document published body: EC commission:
    • body: CSL meeting_id: 2804 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2804*&MEET_DATE=05/06/2007 type: Debate in Council title: 2804 council: Economic and Financial Affairs ECOFIN date: 2007-06-05T00:00:00 type: Council Meeting
    committees
    • body: EP responsible: True committee: ECON date: 2004-09-23T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERSANI Pier Luigi
    links
    other
      procedure
      dossier_of_the_committee
      ECON/6/24449
      reference
      2005/2120(INI)
      title
      Taxation of undertakings: a common consolidated corporate tax base CCCTB
      legal_basis
      Rules of Procedure of the European Parliament EP 052
      stage_reached
      Procedure completed
      subtype
      Initiative
      type
      INI - Own-initiative procedure
      subject
      3.45.04 Company taxation