The work of Parliament's Special Committee on Tax Rulings will be continued under a new mandate for six months, starting on 2 December.
The Conference of Presidents of political group leaders decided unanimously to create a special committee as a successor to the special committee on tax rulings (TAXE), which saw its final report adopted on Wednesday 25 November. In the resolution which went with the report, Parliament set out its ideas on how to make corporate taxes fairer across Europe and urged EU member states to agree on mandatory country-by-country reporting by multinationals of profits and taxes, a common consolidated corporate tax base, common definitions for tax terms and more transparency and accountability with regard to their national tax rulings for companies.
The Committee's work will focus on harmful corporate tax regimes and practices at European and international level.
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