Project of a new European taxation system (BEFIT)
The idea of a European common tax base has now come back to the forefront of the international scene through the work initiated by the European Commission.
Initially introduced (and never implemented) ten years ago with the Common Consolidated Corporate Tax Base (“CCCTB”), the "BEFIT" project (Business in Europe Framework for Income Taxation) aims to propose a new framework for corporate taxation in the European Union (“EU”) with a single set of rules for corporate income tax, based on a common tax base and a formulary apportionment for its allocation.
Read the full article below to find out the insights from the Mazars transfer pricing and tax experts.
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Ramy Boualam Paris, France
Coralie Crespin Paris, France
Roberta D'Angelo Transfer Pricing Senior Manager Milan, Italy
Guillaume Melot Paris, France
Vesko Petkov Partner – UK Head of Automotive & Manufacturing Birmingham, United Kingdom
Laura Schoumacher Paris, France
