EU development partnerships and the challenge posed by international tax agreements - Related Opinions
The EESC has in numerous opinions urged for a fair, efficient and growth-friendly corporate tax system, based on the principle that companies should pay taxes in the country where profits are generated. Thus, the Committee welcomes the Commission’s initiatives intended to combat aggressive tax planning and broadly supports the proposed measures as regards the essential elements of the two legislative proposals, the Anti-Tax-Avoidance-Directive as well as the Directive on Administrative Cooperation. It advocates for a more precise scope and framework in certain specific areas (such as e.g. the switch-over clause). The Committee urges to finish drawing up the list of countries or regions which refuse to apply good governance standards and considers that the envisaged legislative measures should not apply to SMEs.
2015 is marked as the European Year for Development (when the process of discussion for the post-Cotonou arrangements will begin to gain momentum), but also as the year where the Millenium Development Goals (defined until 2015) will give way to the Sustainable Development Goals (SDGs). To combine development and sustainability, all available resources of financing must be explored. The magnitude of this challenge is so large that all players including governments, private sector, banks, civil society organisations and development agencies must contribute to the implementation of these goals.