About the company > News and mailing > Jurisdictions news > Information about integration of EU instruction against tax evasion

Information about integration of EU instruction against tax evasion


				20.08.2020
						On August 19, 2020, the European Commission published the first report on the implementation of EU Directive 2016/1164 of 12 July 2016 (Council Directive (EU) 2016/1164 of 12 July 2016), which includes rules for the fight against tax evasion.

This Directive introduced into native legislation of States in European Union the rule for the withdrawal of income, which limits the interest deduction, rules concerning controlled foreign companies, and “anti-hybrid” mechanisms. 

The report is the first stage in assessment of the measures of impact provided by The Directive. The report, where all the measures concerning this field will be indicated, will be presented later. The exception will be the rule of hybrid contradiction - a report on them will be published in 2022.
Source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:52020DC0383&from=EN

Back to the list

Quickly and confidentially.
A qualified expert will give you a free consultation by telephone, help to determine the position and make an appointment at any time that suits you.
Call just now by phone: +44 203 608 22 48
E-mail us: london@hbcomp.co.uk


News

01/15/2025 11:11:00

TOP 10 cities in the world by investment attractiveness

Global consulting company Kearney has prepared a report with up-to ...

Read more

01/13/2025 11:06:00

Luxembourg tax rates for 2025

The Luxembourg Office of Direct Taxes (Administration des Contribu ...

Read more

09/30/2024 15:35:00

Bulgaria is preparing to switch to the euro

Bulgaria plans to switch from the lev (BGN) to the euro (EUR) in ju ...

Read more