On 24 September 2018, the French Government presented the Finance Bill draft for the year 2019. This draft will be discussed by the French Parliament over the next few weeks and may be subject to changes; the final version will be enacted before end of year, 2018. Interest deduction limitation rules Article 13 of the…
The new EU directive known as ATAD (Anti-Tax Avoidance Directive) ensures that tax is paid where profits and values are generated. It lays down binding measures that the Slovak Republic must implement in order to prevent aggressive tax planning. In addition, the aim of this Directive is to facilitate the exchange of information between Financial…
The European Anti Tax Avoidance Directive (ATAD) was issued in 2016. It tackles some of the Action Points which were included in the OECD’s BEPS (Base Erosion and Profit Shifting) Action Plan. Generally, Member States shall implement the ATAD until 01 January 2019. A further development is ATAD II, which was issued in 2017 and…
In recent years (perhaps decades), tax law as a specific, and it must be added fiscally very important, part of public law, has been experiencing strong legislative pressure from the outside. This is mainly at the initiative of EU or OECD institutions, whose efforts are determining the direction of tax systems not only in the…