On December 22, 2021, the European Commission presented a draft directive to prevent the use of shell entities for tax purposes. Once the draft is adopted, Member States are required to finalize their national implementation by June 30, 2023, and apply it ... (more)
The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, “BaFin”) published a draft of the revised Marketing FAQs for consultation on August 12;, 2021. These amendments serve to adapt the Marketing FAQs to the changed legal framework following the entry into ... (more)
Since the end of 2017, the Council of the European Union has been drawing up a so-called blacklist of non-cooperative tax states. It started as a so-called "name and shame" list, but otherwise had no impact. This changed: the Council ... (more)
