tobyaw: (0)
Toby Atkin-Wright ([personal profile] tobyaw) wrote 2012-11-13 11:46 pm (UTC)

I think the failure of the politicians to do anything is entirely understandable, as I suspect that there isn’t anything that they can do. Rules for businesses trading throughout Europe will be governed by the EU and by international treaties.

Unless there is a will across Europe to harmonise tax (and to harmonise tax breaks), then smaller countries like Eire or Luxembourg will always see an advantage in targeting their tax policy at enticing multinationals to base their European businesses in their jurisdictions.

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