Spain Wants EU Virus Response to Combat Unfair Tax Policy

Spain is planning to tell EU leaders this week that the bloc’s response to coronavirus should include tax harmonization between members and the eradication of unfair tax practices.

Base erosion is “proving to be one of the weaknesses of economic integration in the EU,” according to a draft outlining Spain’s position.

• The statements are the latest in a contentious debate between southern European countries—such as Spain and Italy—that have been hit hard by the coronavirus pandemic, and northern European countries—such as the Netherlands—that have refused to agree to new shared debt instruments to fund the coronavirus fight and recovery. ...