Fiscal and environmental dumping
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 3mo ago
This procedure addresses concerns about companies relocating to countries with lower taxes and environmental standards to gain an unfair competitive advantage. It aims to ensure a level playing field and prevent a race to the bottom.
It affects businesses operating internationally and may lead to new regulations on corporate taxation and environmental compliance, impacting global trade and investment flows.