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EU Looking at Members’ Use of Anti-Tax Avoidance Directive

Feb. 5, 2019, 7:41 PM

The European Union’s watchdog on corporate taxes is stepping up scrutiny of how effective member nations are in challenging tax avoidance strategies used by multinational corporations.

The Code of Conduct Group on Business Taxation said it will specifically focus on how EU nations are using their powers under the EU Anti-tax Avoidance Directive to examine intercompany pricing practices and exchange of information on company tax rulings.

The group’s expanded focus aims to ensure that the EU’s directive to tackle corporate avoidance is implemented consistently and in a fair manner by member nations.

The directive is designed to roll out the ...