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 s…