SAVINGS TAXATION AND ANTI-FRAUD AGREEMENTS
The Council held an orientation debate on
– a draft directive aimed at strengthening the provisions of directive 2003/48/EC on the taxation of savings interest;
– a draft anti fraud and tax information exchange agreement with Liechtenstein;
– a draft decision authorising the Commission to negotiate anti fraud and tax information exchange agreements with Andorra, Monaco and San Marino, as well as a new agreement with Switzerland.
Administrative cooperation in the field of direct taxation
The Council adopted a directive on administrative cooperation in the field of direct taxation, aimed at strengthening mutual assistance between the member states and ensuring that OECD standards for information exchange on request are implemented in the EU, so as to better combat tax evasion and tax fraud.
Code of conduct on business taxation
The Council took note of a report from the presidency on the scope of the EU’s code of conduct on business taxation, and adopted the following conclusions.
For more information see the Council press release on pages 9, 10, 16 and 17.