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 00356 21378672 or send us an email on [email protected].