At the last meeting of the high-level working group on Wednesday 4 October, it was decided that the proposed ‘UNSHELL’ directive, aimed at preventing the misuse of shell companies for tax purposes, should return to the technical level, a European source told EUROPE on Thursday 12 October.
The Spanish Presidency of the EU Council has presented a new compromise proposal, taking up the negotiations begun under the Swedish Presidency. The previous proposal was submitted in March (see...