Corporate Tax Avoidance: council agrees its position on hybrid mismatches

21.02.2017 News

On 21 February 2017, the Council agreed its position on rules aimed at closing down 'hybrid mismatches' with the tax systems of third countries.

The proposal addresses hybrid mismatches with regard to non-EU countries, given that intra-EU disparities are already covered by the 'anti-tax-avoidance directive' adopted in July 2016. It complements and amends that directive accordingly.

The directive is one of a package of corporate taxation proposals presented by the Commission in October 2016, Member states will have until 31 December 2019 to transpose the directive into national laws and regulations. 

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