Roche & Cie

European agreement on a draft directive on tax data exchange

09 Mar 2016

Jeroen Dijsselbloem, the Finance Minister announced yesterday in a press conference that the European Ministers of Economy and Finance, met in Ecofin Council had agreed on a draft directive on the exchange of tax information .

Prevent tax evasion

The exchange of data between tax services at European level, an important measure to prevent tax evasion.

The Directive requires larger companies to publish annual country-by-country report on the taxes they pay. “The Directive increases the transparency of the action against the escape,” according to Jeroen Dijsselbloem.

You can read the press release here