Although not, other Associate Says could possibly get join the effort at any point
Although not, other Associate Says could possibly get join the effort at any point
The original proposal to adopt an EU-wide FTT did not go ahead because it did not get the support of all Member States. Although unanimity is in principle required for EU tax harmonization initiatives, an alternative procedure known as ‘enhanced cooperation’ allows a smaller group of Member States (a minimum of nine) to adopt such initiatives, subject to certain conditions and authorizations. Initially, the following EU Member States had indicated that they wanted to proceed with this enhanced cooperation procedure: Austria, Belgium, Estonia, France, Germany, Greece, Italy, Portugal, Slovenia, Slovakia and Spain.
Pursuing the Estonia’s official withdrawal on , 10 User Says are presently participating in the new dealings underneath the improved collaboration procedure towards changed proposal. In the meantime, particular Eu places keeps brought unilateral FTTs, namely: …