Brussels pushes common EU tax base http://euobserver.com/9/32002

The European Commission on Wednesday proposed a system where companies will be able to file just one tax return for the whole of the EU, a move that Brussels stresses would not infringe on states' ability to set their own corporate tax rates.

[Big Brother at work...the room for fraud is gigantic under such circumstances,its no secret eu policy is formulated around its corporate interests,so the loopholes and chicanery would be inherent...