Council conclusions on building a fair, competitive and stable corporate tax system for the EU

06 December 2016

The Council endorsed the two-step approach proposed by the Commission for a common corporate tax base proposal (CCTB) and the consolidation of taxable corporate income (CCCTB).

t supported the view that tax consolidation should be considered without delay once discussion on the elements of a common tax base has been concluded.

To enhance tax certainty for businesses, the Council acknowledged the need to review mechanisms for resolving double taxation disputes.

The other element of the package concerns 'hybrid mismatches' (disparities) with the tax systems of third countries.

October 2016 corporate tax reform proposals

Council conclusions

© European Council