The European Commission proposed a new system, which could help to resolve disputes relating to double taxation arising between the countries and EU members.
The Commission also made public the proposals, the implementation of which would stop European companies to use different rules of income taxation and determination of the tax base. This issue received wide publicity in the EU. The fact of the matter is that companies that operate in the EU work under the same rules, but the business located beyond its borders works under others. All this caused the problem of the so-called “hybrid differences” that significantly affected the amount of tax revenues