There have been a number of significant developments over the last month including the approval of a new EU Anti-Tax Avoidance Directive, Brexit and a consultation on share based remuneration.
The European Commission (EC) announced on 28 January 2016 a well-flagged series of tax anti-avoidance proposals for review by European Union (EU) Member States.
The European Commission has announced proposals to review adoption of a mandatory common corporate tax base with the ambition to move over time to a consolidated common corporate tax base. KPMG has considered the CCCTB proposals and what they might mean for Ireland and Irish based business.
The European Commission has released draft legislation regarding automatic exchange of information on cross-border tax rulings as part of a package of measures to combat tax avoidance and harmful tax competition.
Our Euro Tax Flash from December 2014.
There has been a lot of international media coverage in recent days on the expected release by the EU Competition Commission of details of a State aid investigation against Ireland in relation to an advance transfer pricing opinion given by Ireland to Apple.