Maltese Presidency sets out roadmap for future BEPS work

Feb 13, 2017

Following discussions by ECOFIN’s High Level Working Party on Tax Issues on 3 February, the Maltese Presidency issued proposals to progress work on the Base Erosion and Profit Shifting (BEPS) initiative at EU level over the coming months.

The draft EU-BEPS roadmap issued by the Maltese Presidency of the Council of the European Union identifies numerous BEPS related matters that are a priority. Measures include proposals to restrict hybrid mismatches involving third countries, proposals for improvement of the dispute resolution mechanism within the EU, agreeing an EU list of third country non-cooperative jurisdictions and the relaunched Common (Consolidated) Corporate Tax Base initiative.