European Commission Publishes Summary Report on the Public Consultation on the Use of an EU Tax Identification Number
On 21 November 2014, the European Commission published a summary report on the public consultation held on the use of a European Tax Identification Number (EU TIN). The main function of the EU TIN would be to overcome difficulties in identifying taxpayers engaged in cross border transactions and for automatic information exchange.
The summary covers:
- The design of an EU TIN
- The scope of an E…