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Plenary Vote Demonstrates EP's Support For Tax Harmonisation

by Ulrika Lomas, for LawAndTax-News.com, Brussels

15 December 2005


In a plenary vote held on Tuesday, 392 MEPs voted in favour of a proposal to harmonise company tax bases within the European Union.

The poll, which also saw 121 votes against and 89 abstentions, was on a report compiled by Italian Socialist MEP, Luigi Bersani. It followed the recent approval of the principle of a common corporate tax base by the European Parliament's Monetary Affairs Committee.

However, despite the support of the European Parliament, the proposal faces strong opposition from several EU member states, including the Czech Republic, Slovakia, the United Kingdom and Ireland.


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