A hypothesis for radical tax reform in the European Union - the implications of the abolition of corporate income taxes

This article draws attention to a series of interpretational problems that would be raised by a scenario in which, as a result of the abolition of corporate income taxes in the Community, corporate entities would become fiscally transparent within the Community. It is also, ultimately, argued that far-reaching solutions would be appropriate to avoid the re-emergence of issues that the abolition of corporate income taxes could otherwise be expected to resolve.