European Commission and Council release statements on BEPS 2.0 progress
|Tax Alerts, Information Reporting, Legis ...|European Union
During the ECOFIN meeting on 9 November, Finance Ministers of the European Union (EU) adopted a Council Statement (accompanied by a Commission Statement) welcoming the progress on BEPS 2.0.
On Pillar One, the Council and the Commission acknowledged the progress made on the Multilateral Convention on Amount A and reiterated the importance of Amount B.
On Pillar Two, the Statement addresses the compat…
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