LAW · FINANCE|taxation · EUROPEAN UNION|European Union law|EU act
- clásal frith-mhí-úsáide Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- anti-abuse clause | 'de minimis' anti-abuse clause | de minimis anti-abuse clause
- en
- Definition "clause aiming to stop the Parent-Subsidiary Directive from being misused for the purposes of tax avoidance and to achieve greater consistency in the application of this Directive in different Member States" Reference "Council of the European Union > Home > Press > Press releases and statements > 'Clamping down on corporate tax avoidance: Council adopts anti-abuse clause (12.9.2023)', 14 August 2015"
- Comment This mandatory anti-abuse provision was proposed by the Commission on 25 November 2013 as a follow-up to the Action Plan against tax evasion and tax fraud of 6 December 2012.It is formulated as a 'de minimis' rule that allows EU countries to put in place stricter or more specific domestic provisions or double tax treaty anti-abuse provisions provided they meet the minimum EU requirements.It was included in the EU Parent-Subsidiary Directive (2011/96/EU) on 9 December 2014. This Directive, adopted in November 2011, is intended to ensure that profits made by cross-border groups are not taxed twice.