EU Calls For Input on Rule to Limit Aggressive Tax Planning

Designers of complex structures that could be used for aggressive tax planning might have to register in the European Union as a condition of advising EU taxpayers and residents, including companies, the European Commission said.

The commission, the EU’s executive, floated the idea Wednesday in a consultation open through Oct. 12 on tackling enablers of tax evasion and aggressive tax planning.

An EU registration obligation could be coupled with a requirement for enablers to carry out due diligence to “check whether the arrangement or scheme they are facilitating leads to tax evasion or aggressive tax planning,” the commission said. ...