The EU put forth new proposals to create a more fair tax system, close loopholes between EU and non-EU nations and provide dispute resolution rules to mitigate problems of double taxation for multinational corporations. The proposal is called the “Common Consolidated Corporate Tax Base (CCTB).” Source: Daily Caller
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Russia is in talks with European countries to determine the entry point of the second line of the Turkish Stream gas pipeline flow, Russian Prime Minister Dmitry Medvedev told journalists. Source Tass
French President Emmanuel Macron will host Russian counterpart Vladimir Putin for talks at the Versailles palace on May 29, the French presidency said on Monday. The meeting coincides with an exhibition to mark Russian Tsar Peter the Great’s visit to France 300 years ago. Source France 24
Marine Le Pen is to ditch plans to pull France out of the European Union and to stop using the euro and restore the franc. There will be no Frexit,” Bernard Monot said in an interview with a British newspaper, explaining that the Front National (FN) leader had realised that this was not what the French people want. Source The Local