ECONOMY - FINANCE / (ae) taxation

Pierre Gramegna says EU must lead on BEPS but must not walk alone

Paris, 11/12/2015 (Agence Europe) - How fast should the EU implement the OECD's BEPS action plan (erosion of the tax base and transfer of profits) compared with the rest of the world, wondered Luxembourg's finance minister, Pierre Gramegna, on Friday 11 December at an event at the OECD's headquarters in Paris.

Speaking on behalf of the Luxembourg Presidency of the Council of the EU, Gramegna said the EU could be a precursor, as for the exchange of information about tax rulings, but it must...