The full EU Parliament has voted to approve the Commission’s proposal for an anti-tax avoidance directive amendment extending the hybrid mismatch rules to non-EU countries. The report will now go to the Council, where the amendment will require unanimous agreement to be adopted.
On 3 May, the EU Parliament’s economic and monetary affairs committee is to hold a public hearing on proposals for the common consolidated corporate tax base.
The European Commission is consulting until 21 May 2017 on technical aspects of the EU legislation on energy taxation. Comments are invited via an online questionnaire. See http://bit.ly/2oUIC43.
The European Parliament has published two papers examining the role of professional advisers in facilitating money laundering, tax avoidance and tax evasion.
The United Arab Emirates has become the 109th jurisdiction to sign the OECD’s multilateral convention on mutual administrative assistance in tax matters.
This report, by the Lexis®PSL Tax, Private Client and Pensions teams, highlights the key provisions in the 2017 Finance Bill, published on 20 March, that have not been previously published in draft, or which have been published with significant amendments since the last draft.
The European Parliament committee on economic and monetary affairs has put forward a number of amendments to the Commission’s proposal, agreed by ECOFIN ministers in February, to extend the hybrid mismatch rules to cover arrangements with non-EU countries from January 2020.