On 28 January 2016, the European Commission released an anti-tax avoidance package that contains proposed measures to prevent aggressive tax planning, boost tax transparency and create a level playing field for all businesses in the EU. The package contains the following:
1) Amendments to the administrative cooperation directive to implement country-by-country (CbC) reporting;
2) A draft anti-tax avoidance directive;
3) Recommendations to EU member states on how to reinforce their tax treaties in an EU-law compliant manner; and
4) A communication on an external strategy for effective taxation that presents a stronger and more coherent EU approach to working with third countries on tax good governance matters.
This can be found by clicking on the following link http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52016PC0026&from=EN.