After more than a year’s absence, the national experts on taxation issues will, on Wednesday 26 April, discuss a proposed compromise by the Maltese Presidency of the Council of the EU on the proposed ‘interest and royalties’ directive.
Fundamentally, the directive was reopened to include an anti-abuse model on the basis of the one in the directive on parent companies and subsidiaries. France and Germany took the opportunity to call for a minimum effective taxation clause to be...