The European Commission has unveiled a proposal that aims to improve the savings taxation directive to ensure the taxation of interest payments which are channelled through intermediate tax-exempted structures. In a speech last month, reported in International Tax Review, Láslo Kovács, commissioner for taxation said the original tax directive contained loopholes that facilitated tax evasion.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure