The economic downturn combined with pressure to tackle tax evasion and aggressive avoidance has intensified discussions of greater tax policy coordination within the EU. Emma Powell looks at how achievable EU tax harmonisation is and in what way it could impact businesses.
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Ireland’s Department of Finance reported increased income tax, VAT and corporation tax receipts from 2024; in other news, it’s understood that HSBC has agreed to pay the French treasury to settle a tax investigation