The European Parliament’s TAXE Committee has invited AB InBev, as well as a number of other multinational companies, to join an exchange of views with MEPs on 16 November on policy proposals for a Common Consolidated Corporate Tax Base (CCCTB) as well as the recent OECD recommendations on Base Erosion Profit Shifting – or BEPS.
We have confirmed to TAXE Chairman Alain Lamassoure that we will attend this meeting (see our response here) and look forward to sharing our views with the TAXE members at that time.
The TAXE Committee had, in May this year, invited AB InBev and other companies to an exchange of views that was broader in scope than the policy discussion envisaged for 16 November. We had to decline that invitation due to an on-going Commission investigation (as noted by the TAXE Committee here). As a Belgian company with a so-called “excess profit ruling” from the Belgian government, it would have been inappropriate for us to attend such an exchange of views at a time when the European Commission is investigating the Belgian system of excess profit rulings under the EU’s state aid rules.
We’re looking forward to discussing the EU’s CCCTB proposals and the OECD BEPS recommendations on the 16th of November.