A release has been published announcing the adoption of the Parliament resolution on the proposal for a Council directive amending Directive (EU) 2016/1164 as regards hybrid mismatches with third countries ({News-2017-02-22/P/3- previous coverage}), with amendments. --- MEPs amended the EU’s anti-tax avoidance directive to prevent multinationals taking advantage of mismatches between EU and third countries’ tax rules to reduce their tax bills. The resolution was approved by 591 votes to 36, with 12 abstentions. "These arrangements are frequently used by the largest companies with the sole purpose of reducing corporate taxation. We have seen it in both the Apple case...