| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/12/201 (29.02.12) |
| Publication Date | 29/02/2012 |
| Content Type | News |
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Double non-taxation deprives Member States of significant revenues and creates unfair competition between businesses in the Single Market. It occurs when cross-border companies escape paying taxes due to mismatches between national tax systems. Aggressive tax planners often focus on exploiting loopholes between Member States' systems specifically to avoid taxes. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/201&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Taxation |
| Countries / Regions | Europe |