Brussels, 09/12/2014 (Agence Europe) - At the Ecofin Council on Tuesday 9 December, Austria said that it is prepared to apply the automatic exchange of tax information (AEI) provisions of the updated EU directive on administrative cooperation (2011/16/EU) from September 2017 onwards, a year earlier than it had promised last October.
The updated directive translates the OECD's AEI rules into EU legislation. More than 50 countries have committed at the OECD to introduce the rules in 2017...