EU introduces far-reaching transparency rules, tax advisers to report tax-avoidance schemes to authorities

Mar 13,2018

The European Union (EU) Member States reach a political agreement on new transparency rules for intermediaries such as tax advisers, accountants, banks and lawyers, who design and promote tax planning schemes for their clients; Tax intermediaries who provide their clients with complex cross‑border financial schemes that could help avoid tax will be obliged to report these structures to their tax authorities before they are used; EU Member States to exchange this...

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