INTERNATIONAL REGULATORY ROUND UP – EU DOUBLE TAXATION SYSTEM RELEASED
May 1st, 2017
EU MINISTERS APPROVE DOUBLE TAXATION REDUCTION SYSTEM
THE EUROPEAN Union (EU) Council of Ministers has agreed a directive insisting that member states establish an effective system for resolving EU double taxation disputes. The system requires dispute resolution mechanisms to be mandatory and binding, with clear time limits. A mutual agreement procedure should take a maximum of two years to complete and if it fails, an arbitration system would kick in and resolve the dispute within specified timelines. See ...
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