On 3 January 2017, the EU Commission issued a press release welcoming the entry into force of new transparency rules for tax rulings.
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The Commission has welcomed the entry into force of new rules to ensure that Member States have all the information they need on tax rulings given to multinational companies in other EU countries.
As of 1 January 2017, Member States are obliged to automatically exchange information on all new cross-border tax rulings that they issue. This will be done t…