On the evening of Monday 12 June, the expected power balance ultimately prevailed when the committees on legal affairs (JURI) and on economic and monetary affairs (ECON) of the European Parliament voted on the proposed country-by-country tax transparency (reporting).
The proposal extending the scope of the safeguard clause, put back on the table last Thursday by the ALDE group, is the one that was adopted (see EUROPE 11804). This clause essentially states that the derogation to the public...