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European tax base dividing German industry and politics ahead of elections

22 September 2017
Germany finds itself in an unusual scenario in handling the proposed European Common Consolidated Tax Base (CCTB). Whilst there is unity amongst most of the country’s political parties, the proposed CCTB is in opposition to the preference of German business and industry, which usually finds representation in one of the parties. Harmonising the exchange of information between European tax authorities on the one hand, whilst relieving the pressure on the German Mittelstand on the other by promising not to raise taxes, appears to be incompatible.