The European Commission's current proposals for a Common Consolidated Corporate Tax Base (CCCTB) were published in October 2016 and first discussed at the November 2016 ECOFIN meeting. The proposal was prepared by the Commission without any input from Member States. The re-launched CCCTB is split into two separate Directives – a Directive for a Common Corporate Tax Base (CCTB) and a second Directive for a Consolidated CCTB. Although the Commission presented these as a unified package, the CCTB is being discussed first and consolidation will only be discussed once the CCTB is agreed.
At the December 2016 ECOFIN, Council Conclusions were approved in respect of the Commission's wider package which included the CCCTB proposal but there was no specific discussion of the proposals at that meeting. The work on the CCCTB proposal is now taking place in technical working groups at Council and Ireland is actively involved in this work.
By its nature, the Common Consolidated Corporate Tax Base (CCCTB) is a complex and detailed proposal and Member States need to fully analyse and consider its potential impact on national tax systems. Member States are discussing and debating the various aspects of the proposal in the relevant tax working parties. These discussions are ongoing but much more technical consideration is needed.
In June 2018, Germany and France issued a common position paper on the Commission’s proposal for a CCTB Directive. The German-French position paper suggests a number of modifications. Member States have been discussing these proposals and other modifications in recent months.