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CCCTB will not help transfer pricing

March 12, 2010

Transfer pricing executives and their advisers are dismissive of the news that Algirdas Semeta, the new EU tax commissioner, wants to see a common consolidated tax base (CCCTB) in place as soon as possible.

Delegates polled at IBC Conferences’ international transfer pricing summit in London this week, responded overwhelmingly that an EU-wide system for calculating corporate tax bills would not help resolve transfer pricing issues.

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