EU businesses’ total tax contribution – towards greater tax transparency
05-12-2019
The fight against corporate tax avoidance is central to the European Commission's political aims of ensuring a fairer Single Market and more stable environment for business. In 2016, to reinforce the link between taxation and real economic activity, the European Council adopted the Commission’s Anti-Tax Avoidance Directive. Member States started applying these measures from January 2019.
Despite this and other initiatives, the debate over how, and how much, companies should be taxed continues to rage. The OECD’s work on the taxation of the digitalisation of the economy could lead to radical changes in the way many multinational companies are taxed. Meanwhile governments are imposing unilateral measures. And public interest in companies and the tax they contribute remains high.
Governments, civil society, companies and the public in the EU must be able to have an informed dialogue about these complex issues. Whilst corporate tax is a critical component of the taxation of companies, some argue it is also necessary to consider tax policies in the context of the wide array of other taxes companies pay, as well as those they collect on behalf of governments, and the other ways in which they contribute to the societies in which they operate.
Join this high-level EURACTIV debate to discuss what data is needed to enable policymakers to create a coordinated, effective EU tax approach, fit for purpose in today’s global economy. Questions will include:
- What data in respect of the taxation of companies would different stakeholders find useful, were it available?
- What are the pros and cons of data relating to a single corporate group, versus aggregate data?
- As many companies generate growth and create jobs, should paying corporate tax be seen as their most important contribution to society? What about social security contributions, property, resource, energy, environmental and other taxes?
* The European Business Tax Forum will present highlights from its first-time report on the Total Tax Contribution of large multinationals based in the EU and EFTA.
Supported by:
Location
Euractiv Network Office
Boulevard Charlemagne 1, 1041 Brussels
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Panellists
RESEARCH PRESENTATION
Ali Conway, Chair, European Business Tax Forum; Head of Tax Strategy, RELX
PANELLISTS
Paul Tang MEP, Member, ECON Committee, Rapporteur on the Common Corporate Tax Base, European Parliament
Michael Ludlow, Group Head of Tax, Swiss Re
Johan Langerock, Oxfam Policy Advisor on Tax, Oxfam EU
Andrew Packman, Partner, PwC
Moderator
Ross Melzer, EU Affairs Director, EURACTIV
Schedule
12:00 – 12:30 Registration and networking lunch
12:30 – 12:40 Presentation and Q&A: EBTF report on Total Tax Contribution of large multinationals *
12:40 – 13:10 Opening statements
13:10 – 14:00 Discussion and Q&A
Contact
Teresa Dominguez
teresa.dominguez@euractiv.com
+32 (0) 2 788 36 93
Related article
Businesses aim to move focus on tax transparency beyond income tax
After national capitals blocked a deal to force multinationals to publish the income tax they pay in the EU last month, businesses representatives argued that corporate tax should not be the sole tax transparency target during an event at EURACTIV.