EU Parliament Wants Greater Role for Tax in ‘EU Inc.’ Bill

The European Parliament’s economic affairs committee adopted a report Thursday calling for stronger reform measures, including tax changes, to strengthen the EU’s competitiveness.

Representatives endorsed recommendations on the tax aspects of a bill known as EU Inc., meant to make it easier to establish and dissolve companies in the bloc and provide companies with a harmonized set of rules alongside national legal systems. The bill proposes one tax measure—deferring taxation of stock options—but the report wants tax reform to play a wider role.

“While focusing specifically on taxation, this report supports the ultimate goal of the overall EU Inc. endeavour: ...