Executive summary

On 24 March 2021, the German Government agreed on the draft bill of the German “Law implementing the EU Anti-Tax Avoidance-Directive” (Draft Law). The European Union (EU) Anti-Tax Avoidance Directives are set forth under Council Directives 2016/1164 of 12 July 2016, and 2017/952 of 29 May 2017, and are referred to respectively as ATAD I and II.

A first working draft of the German b…