Brussels, 28/10/2014 (Agence Europe) - The Italian President of the Council of the EU hopes to reach a political agreement in the near future on the second part of the parent/subsidiary directive (2011/96/EU), which concerns the general anti-abuse clause, following the adoption in June of this year of the first part of the text, dealing with hybrid loans (see EUROPE 11117).
The aim of the directive is to ensure that the companies in question do not avoid tax by playing on the differences...