20/06/2022 (Agence Europe) – The Council of EU Economy and Finance Ministers adopted, on Friday 17 June, the conclusions on the latest biannual report of the Code of Conduct Group on harmful business taxation (see EUROPE 12968/3). The EU Council therefore calls on the Group to continue an effective dialogue with countries and territories engaged in reforming their foreign source income exemption regimes, those with no or low tax levies and those concerned with the implementation of the minimum anti-tax base erosion and profit shifting (BEPS) country-by-country reporting standard. Furthermore, the EU Council welcomes the progress made, in particular with regard to freeze and rollback notifications and the revision of the EU list of non-cooperative countries and territories of February 2022. (AD)