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Contractor accountants asked for double taxation experiences

Contractor accountants asked for double taxation experiences

The European Commission is inviting contractors and contractor accountants who have suffered double taxation to share their experiences in a new consultation. The public have until June 30 to share their views with the EC.

Double taxation occurs when somebody is taxed by two, or even more, EU member states on income or profits. This could occur when a person crosses the border every day to get to work, or if they receive income from another country, and the EC believes that this acts as a deterrent to cross-border activity. The consultation covers all forms of direct tax including capital gains, corporation tax, inheritance tax and income tax.

The Commission wants to find out the real scale of the problem and determine its financial impact. Although there are already measures in place to prevent double taxation, it is not clear if they are working effectively.

A spokesman from the EC said that they would particularly like to know how long it took for a tax appeal decision to be made. They are also inviting taxpayers and online accountants who have been operating across country borders to contribute their ideas on how to stop the problems occurring in the first place.

After the consultation is complete, the EC will hold a debate to consider whether action should be taken to eliminate certain cases.

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Image: seeing double. by :moolah

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