The European Council has adopted a directive aimed at strengthening administrative co-operation ‘to enable the member states to better combat tax fraud’.
The directive ensures implementation in the EU of an OECD standard for the exchange of information on request, and ‘enables introduction, on a step-by-step basis, of provisions on the automatic exchange of information’, the Council announced.
The Council debated a draft directive aimed at strengthening Directive 2003/48/EC on the taxation of savings interest. It also adopted ‘conclusions concerning work on the scope’ of a code of conduct on business taxation, aimed at ‘eliminating situations of harmful tax competition’.
The European Council has adopted a directive aimed at strengthening administrative co-operation ‘to enable the member states to better combat tax fraud’.
The directive ensures implementation in the EU of an OECD standard for the exchange of information on request, and ‘enables introduction, on a step-by-step basis, of provisions on the automatic exchange of information’, the Council announced.
The Council debated a draft directive aimed at strengthening Directive 2003/48/EC on the taxation of savings interest. It also adopted ‘conclusions concerning work on the scope’ of a code of conduct on business taxation, aimed at ‘eliminating situations of harmful tax competition’.
