EU ECONOMIC AND FINANCIAL AFFAIRS POLICY COMMITMENTS 2014-2019

EU Economic and Financial Affairs, Taxation and Customs Policy Commitments 2014-2019

• Protect the integrity of the Stability and Growth Pact including ensuring the compliance of Member States with any excessive deficit procedures.
• Reduce deficits and boost investments through a € 300 billion package to create jobs and infrastructure for the future.
• Work towards the adoption of the Financial Transaction Tax (FTT)
• Fight against tax fraud and evasion, and put the proposed Directive for a Common Consolidated Corporate Tax base (CCCTB) back on the political agenda.
• By 1st May 2016, move to a more ambitious Customs Code that includes rules for the interpretation of ‘last substantial transformation’ principle.
• Strengthen the ‘architecture’ of the euro by improving both its social and its economic dimensions
• Ensure taxation on sales in the digital sphere: it should apply where profits are made, and this needs to be monitored closely