In its response to the European Commission’s public consultation on the ‘UNSHELL’ directive against shell companies (see EUROPE B12859A5), the European Tax Adviser Federation (ETAF) notes a “multiplication of anti-abuse regulations at European level” which “form an increasingly confusing patchwork for taxpayers and tax advisers”.
The ETAF underlines that the Anti Tax Avoidance Directive and the latest update to the Directive on Administrative Cooperation are “already...