Private
finance
Debt
Tax
justice
Aid
Financial
architecture
*|MC:SUBJECT|*

Top Story

European Commission CCCTB proposal will not end corporate tax dodging

Last week, the European Commission announced its long awaited proposal on a Common Consolidated Corporate Tax Base (CCCTB). However, rather than including 'consolidation' at this stage, the Commission suggested that the proposal be broken into two halves, with consolidation coming at a later, unspecified date. Campaigners were critical of this move, citing new loopholes that have been included in the current proposal, and pointing out that without consolidation problems of transfer pricing and corporate tax dodging will not be solved.

Member Report



A new report from Eurodad member SOMO, “The impact of letterbox-type practices on labour rights and public revenue: Four case studies”, reveals how businesses use ‘letterbox practices’ to not only lower corporate taxes, but to get around labour laws and collective agreement. It features case studies from Germany, the Netherlands, Italy and Sweden, covering the meat, road transport, car manufacturing and construction sectors. The report also found that the vast majority of foreign investment in the Netherlands and Luxembourg is related to reducing tax payments in countries of operation.
   

Vacancies 

 

Eurodad is hiring! We’re looking for a Senior Policy and Advocacy Officer & a Policy and Advocacy Officer - Effective Aid and Publicly-backed Private Finance (permanent contract).

The purpose of this role is to help ensure that Eurodad’s exciting work improving the effectiveness of aid and pushing for a radical change in the way publicly-backed private finance is used is based on robustly researched analysis, with a strong advocacy focus, and that Eurodad continues to build strong coalitions for change.

The application deadline is 2 January 2017, before midnight, Central European Time.


 

 

 

What’s New


USEFUL RESOURCES
A new report has found that EU and US development funds provided nearly US$120 million to a palm oil company, Feronia Inc, despite land and labour conflicts at its plantations in the DRC.

A new article on the Eurodad report For Whose Benefit? A Different Perspective on Tax Inspectors Without Borders has been published by Latindadd. The article is written by report author Hernán Cortés Saenz, and covers the key findings of his investigation.

 
EURODAD MENTIONS
Eurodad´s Tove Ryding was quoted in the Financial Times (behind a paywall), Euranet Plus, the EUobserver and Politico as part of their coverage of the European Commission’s proposal for a Common Consolidated Corporate Tax Base.

Bloomberg BNA spoke to Ryding as part of their coverage of the implications of a possible cut to the UK corporate tax rate.
Copyright © 2016 Eurodad, All rights reserved.

Our mailing address is:
Eurodad
Rue d'Edimbourg, Ixelles, Belgium
Ixelles 1050
Belgium

Add us to your address book|unsubscribe from this list | update subscription preferences
  
back