Thursday, March 19, 2015

Other EU Tax Transparency Measures

Expanding the automatic exchange of information on financial accounts: In December 2014, Member States adopted landmark transparency measures through a revision to the Administrative Cooperation Directive. This requires Member States to automatically exchange information on the full spectrum of financial information from 2017, and spells the end of bank secrecy in the Single Market. The revised Directive, and other EU tax transparency measures, can be read at International Financial Law Prof Blog




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