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Europe Daily Bulletin No. 11550

13 May 2016
EUROPEAN PARLIAMENT PLENARY / (ae) taxation
Debate on reporting to administrations does not bode well for country-by-country transparency

Strasbourg, 12/05/2016 (Agence Europe) - The debate held at the plenary session of the European Parliament on Wednesday 12 May on the automatic exchange of information between tax administrations regarding 'country-by-country reporting' suggests that the coming negotiations on the public nature of this reporting, proposed in April, will be tough.

The debate on whether this information should be published, as proposed in amendments to the directive on accounting standards “will be...

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