EU Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici recently spoke on his taxation agenda for the EU focused on "fairness, transparency and a truly single market from a taxation point of view." The two key actions discussed include: The introduction of the automatic exchange of information on tax rulings by EU Member States in order to increase transparency and reduce harmful tax rulings; and The launch of an action plan by mid-2015 that will build on the OECD Base Erosion and Profit Shifting (BEPS) Project to ensure that profits are taxed where the value is created,...