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Beware Megatrends, Tax Reformers Told at European Union Seminar

June 28, 2022, 3:45 PM

Debate about tax reform needs to move on from an overwhelming focus on corporate taxation to a broader discussion about a number of megatrends that are changing societies and economies, speakers at a European Union seminar said Tuesday.

In particular, EU governments must find new revenue sources to reduce reliance on labor taxes, while increasing green taxes and being wary of the tax impact of increased working and purchasing across borders, said speakers at the seminar, organized by the European Commission, the EU’s executive arm.

“We spend a lot of time discussing the new corporate tax reform, and we need ...