EU COUNTRIES CONTINUE TO GO ON THEIR DIFFERENT PATHS ON TAXATION

THE EUROPEAN Commission has used the momentum created by Europe’s financial crisis to push through legislation on taxation issues that have been politically unpalatable during times of prosperity and growth. But it has not brought European Union (EU) countries’ tax systems closer together through overall harmonisation, to the chagrin of small- and medium-sized enterprises (SMEs), which still struggle with different systems across EU member states.In July, the bloc adopted measures preventing double non-taxation of dividends distributed within corporate groups ...


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