Brussels, 25/05/2016 (Agence Europe) - The Council of the EU has set in stone the proposed directive introducing country-by-country reporting obligations for major European businesses to the national tax administrations (see EUROPE 11507).
The legislative text, which implements a specific recommendation of the 'BEPS' action plan of the OECD to fight aggressive tax optimisation, and which modifies the European tax legislation on administrative cooperation, requires businesses with a...