The European Commission has published an information note on its proposal for a directive Securing the activity framework of enablers (SAFE). The SAFE proposal is meant to address the role of enablers involved in facilitating tax evasion and/or aggressive tax planning in the EU, with the Commission considering three policy options:
Option 1: Requirement for all enablers to carry out dedicated due diligence procedures
This option involves a prohibition on enablers from assisting in the cr…