On September 10, TEI submitted comments to the European Commission regarding its review of its anti-tax avoidance directive (ATAD). TEI’s comments focused primarily on whether the ATAD is still useful given the numerous subsequent anti-tax avoidance measures that have been introduced in the European Union or will be introduced under the Organisation for Economic Co-operation and Development’s Pillar Two.
TEI’s comments were prepared by a working group of its EMEA Direct Tax Committee, led by Ralf Thelosen of Citco. Benjamin R. Shreck, TEI tax counsel, coordinated the preparation of TEI’s comments. Read the comments here.
