EU: ECOFIN Council Met in January
Under the Slovenian Presidency, which commenced on 1 January 2008, priority areas for action include the tax environment.
A provisional press release from the meeting notes that “national rules on taxation differ between Member States. The functioning of the Single Market may be improved through continuing efforts to tackle tax fraud, eliminate harmful tax competition and through strengthened cooperation on taxation between Member States and, where appropriate, at European level, while respecting national competences. The Council will continue to work in this area, including addressing obstacles to the Internal Market.”
It is interesting to note that the CCCTB did not feature in the discussions.