European Commission Publishes Proposal On Mandatory Automatic Exchange Of Concluded ATR and APA

Mar 26, 2015 | Tax

On 18 March, the European Commission published a proposal to amend the Directive on administrative cooperation between Member States (Directive 2011/16/EU). The proposal entails a mandatory exchange of information on cross-border rulings and advance pricing arrangements. If the proposal is approved, it will become effective as per 1 January 2016.