The Maltese Presidency of the Council of the EU has managed to secure a fairly delicate balance on the second version of the 'anti-tax avoidance' directive (ATAD).
After the meeting of the permanent representatives of the member states to the EU on Wednesday 15 February, it was not easy to say whether the finance ministers will be able to reach a political agreement at the 'Economy/Finance' Council of 21 February. The Franco-British clash over the exemptions to be granted to the banking...