The European Parliament approved the simplified procedure for the proposal amending the directive on administrative cooperation in the field of taxation (DAC 9) by 608 votes to 33, with 8 abstentions, at its plenary session in Strasbourg on Wednesday 12 February (see EUROPE 13559/22).
MEPs therefore decided to follow the advice of the rapporteur, Aurore Lalucq (S&D, French), not to amend the text (see EUROPE 13546/17), given its highly technical nature. Unveiled in October by the European Commission, this ninth version of the DAC is intended to transpose into Community law the OECD’s information return, which contains data enabling tax administrators to assess a multinational company’s compliance with the worldwide rules against erosion of the tax base (‘GloBE Information Return’ or GIR) (see EUROPE 13513/4).
Discussions with the EU Council are ongoing.
Read the opinion report: https://aeur.eu/f/fgt (Original version in French by Anne Damiani)