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European Commission Issues Release on Public Consultation on New Initiative to Fight the Abusive Use of Shell Companies

09 June 2021

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Proposed Changes

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European Union

The European Commission has issued a release on its public consultation on a new initiative to fight the abusive use of shell companies in the EU. --- Taxation: Commission launches public consultation on new initiative to fight the abusive use of shell companies in the EU The European Commission has launched a new public consultation ahead of a new initiative to fight the abusive use of shell companies, i.e. companies with no or minimal substantial presence, or real economic activity. The initiative was first announced as part of the Communication on Business Taxation for the 21st Century. A future Commission...