10/10/2017 (Agence Europe) – On Tuesday 10 October, the Council of the EU adopted without debate the proposed directive to set up a mechanism to resolve tax disputes resulting from dual taxation affecting companies from different member states (see EUROPE 11794). Currently, the European Union has only an ineffective arbitration agreement and procedures can be very long, taking up to ten years. The draft directive introduces a mutual agreement procedure initiated by a complaint by the...