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Europe Daily Bulletin No. 9796

4 December 2008
Contents Publication in full By article 11 / 43
GENERAL NEWS / (eu) eu/ecofin council
Council resolution on exit taxation

Brussels, 03/12/2008 (Agence Europe) - On Tuesday 2 December, the Ecofin Council adopted a resolution on coordinating exit taxation. Through this resolution, the member states undertake to adopt principles to avoid double taxation, as may result from a transfer of economic activities subject to at least two national jurisdictions. This instrument constitutes an "institutional innovation" in the hyper-sensitive field of direct taxation, a European source stressed, adding that this is not a...

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THE DAY IN POLITICS
GENERAL NEWS