Devolving control over all taxes, rates, fees and charges would equip local authorities to meet financial challenges head on, says Alison Payne of Reform Scotland.
The public finances have become increasingly dependent on taxation raised from London in the last decade, while the share of revenue raised from a host of other cities has fallen, a report has found.
New rules to combat corporate tax avoidance by multinational companies are to be adopted across the European Union after member states agreed a package of measures today.