WHAT IS OUR POSITION ?
For several years, the European Commission has been endeavouring to introduce ‘a fair taxation system’.
In doing so, it always has to take the interests of European companies into account so as to maintain their competitiveness, both inside and outside the EU. Creating an environment favourable to businesses must remain our aim and not increasing the tax burden under the guise of searching for greater ‘tax fairness’.
That is why it is important to lead discussions on harmonisation measures – such as the CCCTB (Common Consolidated Corporate Tax Base) or taxation of the digital economy – on the basis of objective analyses backed up by figures. Now, such analyses are singularly lacking on the Belgian side …
Lastly, such measures need to contribute to maintaining the balance of the mutual tax interests of Member States. Without an adjustment or compensation system, more extensive harmonisation of business taxation will actually lead almost mechanically to a shift of tax revenues from the small to the large Member States.
WHAT ARE OUR CONCRETE RECOMMENDATIONS ?
- Analyse and estimate beforehand the effects of any proposal to standardise corporate tax in order to preserve the competitiveness of European companies and maintain the balance of the budget interests of the Member States.
- Continue further reflection and work on the issue of digital taxation at OECD level.
- Simplify tax regulations (cf. ATAD Directive) and reduce administrative obligations.
- Introduce a much simpler VAT system.