Stakeholder consultation by the Rapporteur Mr Gusty GRAAS (LU/ALDE - ECOS)

11/07/2011   Committee of the Regions, rue Belliard 99-101, 1040 Brussels, Room JDE 70
Gusty Graas (LU/ALDE)

The Committee of the Regions is drafting an opinion on the attached Proposal from the Commission for a Council Directive on a "Common Consolidated Corporate Tax Base (CCCTB)" COM(2011) 121 final.

Since the second half of the 1990s corporate tax rates in Europe have fallen considerably. However, businesses are still confronted with 27 different taxation systems and, in fiscal matters, they are unable to define the EU as their domestic market. Businesses are therefore experiencing difficulties with additional costs resulting from the lack of legal certainty in this area, despite the fact that some commendable legislative measures have been adopted.

As early as 2004, the European Commission already started work to draft a proposal to ensure a stable fiscal base in a competitive global environment. The reforms contained in the current Commission's proposal for a CCCTB directive, based on Article 115 of the Treaty on the Functioning of the European Union, would enable businesses to boost the overall efficiency of the economy. A study has shown that approximately 50% of non-financial and 17% of financial multinational groups could benefit from immediate cross-border loss compensation.

Because the proposal gives only marginal consideration to the local and regional level, the CoR is urged to give priority to this aspect of the proposed directive.

The Rapporteur on the opinion, Mr Gusty Graas (LU/ALDE), Member of the municipal council of Bettembourg, together with his expert Mr Herve Plasman are coming to Brussels and would be happy to meet with representatives of the associations of local and regional authorities and other stakeholders for a consultation and exchange of views on his opinion.

The consultation will focus on the issues raised by the Rapporteur in the attached working document. With simultaneous interpretation being provided, you will be able to speak in French, German and English while listening into English and French.

The Rapporteur would be very keen to hear your views during the meeting. In addition, if you have any additional position papers touching upon the subject, you are welcome to send them to us by e-mail to the addresses below.

The consultation will take place at the premises of the Committee of the Regions, rue Belliard 99-101, 1040 Brussels, room JDE 70 at 14h30 - 16h30.

​For more information, please contact our team:
• For the ECOS Commission: Mr Robert Rönström,Tel: +32 2 282 2192
• For Relations with stakeholders: Mr Peter Verlinden, Tel: +32 2 282 2170

 

Contact:
Contact Person: Mr Robert Rönström
Organizer: ECOS Commission
Phone - Mobile: +32 2 282 2192 -  
Fax:  
Email:  
Related Information
Documents