The European Commission releases proposed anti-tax avoidance package

On 28 January 2016, the European Commission released an anti-tax avoidance package that contains proposed measures to prevent aggressive tax planning, boost tax transparency and create a level playing field for all businesses in the EU. The package contains the following:  1) Amendments to the administrative cooperation directive to implement country-by-country (CbC) reporting; 2) A […]

Written By ACT Team

On February 11, 2016
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On 28 January 2016, the European Commission released an anti-tax avoidance package that contains proposed measures to prevent aggressive tax planning, boost tax transparency and create a level playing field for all businesses in the EU. The package contains the following: 

1) Amendments to the administrative cooperation directive to implement country-by-country (CbC) reporting;

2) A draft anti-tax avoidance directive;

3) Recommendations to EU member states on how to reinforce their tax treaties in an EU-law compliant manner; and

4) A communication on an external strategy for effective taxation that presents a stronger and more coherent EU approach to working with third countries on tax good governance matters. 

This can be found by clicking on the following link http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52016PC0026&from=EN

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [email protected]. ACT can help you understand the changes to the tax rules and how these can impact your business.  

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on +356 21378672 or send us an email on [email protected].