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EU Economic and Financial Affairs Council Adopts Directive for Exchange of CbC Reports and Commission Conclusions on VAT; Holds off on Anti Tax Avoidance Directive

|Approved Changes|European Union
European Union

On 25 May 2016, the EU Economic and Financial Affairs Council (ECOFIN) held a meeting to discuss the European Commission's package of measures targeted at corporate tax avoidance in the EU ({News-2016-01-29/P/2- previous coverage}) and the Commission's Action Plan on VAT ({News-2016-04-08/P/2- previous coverage}). The Council is comprised of the finance ministers from each EU Member State.

Co…

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