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Strengthening existing rules and expanding exchange of information framework in the field of taxation (DAC8)
COMMISSION STAFF WORKING DOCUMENT Subsidiary Grid Accompanying the document Proposal for a Council Directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation
Initiative summary:
Tax fraud and evasion mean money lost which could be used to pay for health care, education, etc. Despite actions already taken in the past years, the emergence of alternative means of payment and investment threaten to undermine the progress made on tax transparency and pose substantial risks for tax evasion. This initiative will make sure that EU rules on administrative cooperation stay in line with the evolving economy include other areas of relevance such as crypto-assets and e-money.