The European Commission has produced a detailed paper setting out a raft of new anti- avoidance proposals for the EU in relation to corporate taxation.
The proposals include new Directives which set out minimum anti-avoidance measures to be set into domestic law by member states and reporting obligations. There are also recommendations for the drafting of double tax treaties. The paper forms part of a wider initiative by the EU to deal with corporate tax avoidance across the EU.
The EU Commission’s paper is available to view here.