According to a European diplomat contacted by EUROPE on Thursday, 23 February, EU Member States are concerned about the consequences of the ‘Unshell’ directive on bilateral tax agreements that pertains to shell companies.
A meeting of the working group on the ‘Unshell’ proposal was held in the Council of the EU on Tuesday, 21 February. The Swedish Presidency had developed a second compromise text, which was discussed. Member States notably discussed the tax consequences of the...