The EU is moving ahead with the so-called 28th regime, also known as EU Inc, a bloc-wide company registration aimed at stripping back red tape and freeing up investor capital. Spearheaded by Michael McGrath, the justice commissioner, the initiative promises to usher in a new era for European tech companies and innovators but under the bonnet, EU lawmakers are considering how the mechanics of taxation will work. MEPs on the Committee on Economic and Monetary Affairs, or ECON, recently penned a draft report laying out several factors around taxation – from corporation tax to Vat to stock options – that…

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