The Proposed EU Anti Tax Avoidance Package
29 February 2016
Publication of European Union Direct Taxes Centre of Excellence (EUDT CoE)
On 28 January 2016 the European Commission released a package of documents with the aim to prevent (international) tax avoidance. The purpose of the package is to ensure a uniform implementation of the Base Erosion and Profit Shifting ("BEPS") measures and standards across the EU. If the package, or parts thereof, gets enacted it will have a substantial impact on multinational enterprises (MNE's) based in or doing business in the EU.
The attached newsletter highlights the main aspects of this package, including:
- ATA Directive
- Revision of the Administrative Cooperation Directive
- Recommendation on tax treaties
- External strategy for effective taxation
- What is the impact for MNE's?