The EU is proposing a digital services tax (DST) to tax certain so-called "digital companies", which it alleges access … the Single Market while paying "minimal amounts of tax to our treasuries". But like all exporters, these firms pay the … expenditure and write-offs unlike the rest of the economy who are only subject to tax on net profits, resulting in inevitable …

International Financial Reporting Standards (IFRS) meets the requirements of a Common Consolidated Corporate Tax Base (CCCTB) for … the effective levels of company tax burdens in selected EU member states if IFRS are considered as a tool for defining the … tax base. Our analysis reveals that IFRS could provide elements of a common and harmonised European tax base in certain …