EU states agree on clamp-down on accountants helping aggressive tax planning
Reuters
Published Mar 13, 2018 07:16AM ET
EU states agree on clamp-down on accountants helping aggressive tax planning
BRUSSELS (Reuters) - European Union finance ministers agreed on Tuesday new measures to force accountants and banks to report aggressive tax schemes that help companies shift profits to low-tax countries, in a bid to tackle tax avoidance.
"We have adopted" the new rules, Bulgaria's finance minister Vladislav Goranov told a public session of a meeting in which all ministers supported the overhaul.
Information on harmful tax planning will also be shared among the 28 EU states.
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Written By: Reuters
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