Proposal for a Council directive on a common consolidated Corporate Tax base (I): the long way towards the Proposal Directive

Abstract

The Proposal for a Council Directive on a Common Consolidated Corporate Tax Base or CCCTB System is a cornerstone within the EU framework of income taxation. The CCCTB technical structure and its political and administrative consequences will bring undoubtedly the scholar’s attention.

Such Proposal fosters the discussion on the Corporate taxable profits in a globalized world. The CCCTB System tries to become an answer for the raising problems derived from the globalization.

In this article, the author deals with the CCCTB background and the description of its basic characteristics and configuration; and, provides with some criteria in order to evaluate such Proposal for a CCCTB Directive. This exam is made taking into account the Spanish juridical reality and its Corporate Income Tax, which will be out of place after the Directive’s approval.