Tax Harmonisation, Chapter I

By establishing its HQ in one State, a business can choose at its convenience – almost freely – its tax framework. It is of little importance that its activities take place elsewhere and that the link between the business, and the State in question, is limited to the location of its HQ or its intellectual property. This link, which is often purely artificial, allows it to choose how it is taxed as it so wishes, in other words how it can avoid taxation. Offshore leaks, Swiss leaks, LuxLeaks, Panama Papers, Paradise Papers: the tax scandals succeed each other, the topography changes from time to time, but the repercussions of outrage persist. The leaders of Europe should make the most of this!