EU Experts To Discuss BEPS And Effective Tax Rates

A working party of the EU Council is meeting on September 2, 2015, to discuss policy responses to base erosion and profit shifting.

The working party will discuss a number of inter-related issues, including minimum effective tax rates; the EU’s Code of Conduct on business taxation, which is used to challenge harmful tax regimes; and the ongoing work of the OECD on base erosion and profit shifting.

The working party will discuss good governance on tax issues in relation to third countries (that is, those outside the European Union) and their impact on the tax revenues of member states, and also potential changes to the shareholder rights directive. Proposals are under consideration to strengthen the rights of shareholders with regards international companies, including in relation to tax matters, and improve shareholders’ oversight of companies’ related party transactions.

The working party is to be addressed by Raffaele Russo, Head of the BEPS Project at the OECD Centre for Tax Policy and Administration.