European Commissioner Pierre Moscovici holds a news conference in Brussels, Belgium March 7, 2018. REUTERS/Eric Vidal
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While dismissing the notion than any one country in the EU operates as a tax haven and arguing progress is being made, Moscovici said it's imperative that those named bring forward plans to end policies that undermine the credibility of the EU.Many tax campaigners think the EU should have a minimum corporate tax rate and push for a tax regime that reflects exactly where companies earn their profits.For one prime minister, the criticism was unfounded and against the long-term interests of the EU.Bettel also objected to the idea that tax harmonization in the EU should equate to tax increases at a time when the Trump administration in the United States has slashed taxes, particularly on businesses.
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