EU To Tighten Corporate Tax Laws
The European Commission, the EU's executive arm, introduced proposed amendments to its Parent-Subsidiary Directive, which was conceived two decades ago to eliminate double taxation among member states. The changes to the directive would require EU members to adopt standardized anti-abuse rules and eliminate tax exemptions for so-called hybrid loan arrangements.
First introduced in 1990, the directive was designed to...
To view the full article, register now.