The EU Economic and Financial Affairs Council held a meeting on 25 May 2018, during which a number of decisions were taken. Some of the main decisions are as follows:
Tax Planning Scheme Disclosure
The Council adopted the directive that will require intermediaries such as tax advisors, accountants and lawyers that design and/or promote tax planning schemes to report schemes that are considered potentially aggressive. Member States will have until 31 December 2019 to transpose it into nati…