Proposal for a Council Directive amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation

The European Council Conclusions of 18 December 2014 cite "an urgent need to advance efforts in the fight against tax avoidance and aggressive tax planning, both at the global and EU levels". Since December 2014, the Commission has quickly launched the first steps towards an EU approach. In the meanwhile the OECD has finalized its work in defining the global rules and standards to these ends.

This Directive, amending Council Directive 2011/16/EU as part of the Commission's Anti-Tax Avoidance Package, addresses the political priority of fighting against tax avoidance and aggressive tax planning. It also responds to the demands from the European Parliament. It is also in line with the initiatives announced in the Commission's Action Plan on a Fairer Corporate Tax System to tackle tax avoidance.

ESO: Background information: Fair Taxation: Commission presents new measures against corporate tax avoidance http://www.europeansources.info/record/press-release-fair-taxation-commission-presents-new-measures-against-corporate-tax-avoidance/

EUR-Lex: COM(2016)25: Follow the progress of this proposal through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2016:025:FIN

---