Position
Comments regarding the Business in Europe: Framework for Income Taxation (BEFIT) proposal
The European Commission (EC) has requested comments regarding the Business in Europe: Framework for Income Taxation (BEFIT) proposal. Technology Industries of Finland (TIF) is of the opinion that although the said goals of BEFIT are highly supportable, BEFIT is not the correct tool, nor is it introduced at the right time. The BEFIT proposal should be postponed and discussed only after the OECD pillars and the EU minimum taxation directive are in place, fully and successfully implemented and operated for several years.
