On 28 January 2016, the European Commission presented a package of measures targeted at corporate tax avoidance in the EU. The package includes: A draft anti tax avoidance Directive based on the outcomes of the OECD BEPS Project; A draft revision of the administrative cooperation Directive that would required the exchange of Country-by-Country (CbC) reports; Commission recommendations on the implementation of measures against tax treaty abuse; and A Commission communication on an external strategy for effective taxation with measures against problematic tax jurisdictions outside the EU. The main measures are the anti tax avoidance Directive and the revision of the...