Almost a year after Hungary and Estonia vetoed the reform (see EUROPE B12848A9), EU Member States adopted the reform of the ‘Code of Conduct’ Group on business taxation on Tuesday 8 November at the Economic and Financial Affairs Council.
This reform extends the scope of the Code of Conduct to the general tax regimes of the Member States and not just to the framework of preferential tax regimes. This is the first revision of the Code since its establishment in 1997.
“We confirmed today...