4 ms·
What's stopping EU from getting their acts together and impose corporate equivalent of Alternative Minimum Tax for companies doing business there?
by pcurve 9y ago
What's stopping EU from getting their acts together and impose corporate equivalent of Alternative Minimum Tax for companies doing business there?
- iamthirsty 9y agoUh, money? Seems like an obvious one.
- dreta 9y agoLobbying.
- Voloskaya 9y agoBecause to do that all the EU contries would need to agree. How do you go about convincing Ireland to vote for something like that?
- pmyteh 9y agoThe EU doesn't have general legislative competence for tax: it's reserved to the member States. To change this would (IIRC) require a new treaty, and the perceived loss of sovereignty would go down like a lead balloon with many of the governments - so that won't happen at least in the short term.