EU TAX PAPER
November 1st, 2003
Keith NuthallTHE EUROPEAN Commission has released a report outlining how it plans to reform the European Union's (EU) taxation systems next year and beyond. Notably, it is planning to establish an expert group to ease the future harmonisation of EU tax rules by discussing how International Financial Reporting Standards (IFRS) could be used as a basis for common detailed tax principles. The report added that Brussels would also propose (in 2004) allowing small and medium-sized businesses to use the tax rules of their home Member State to calculate EU-wide taxable ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.