EU Cross-Border Tax Rulings/APA: New Automatic Exchange Information Starting on January 1st, 2017

ECOFIN recently indicated:

“On 6 October 2015, the Council reached a political agreement on a directive aimed at improving transparency in the assurances given by member states to companies about how their taxes are calculated.

The directive is one of a number of initiatives aimed at preventing corporate tax avoidance.

It will require member states to exchange information automatically on advance crossborder tax rulings, as well as advance pricing arrangements. Member states receiving the information will be able to request further information where appropriate. And the Commission will be able to develop a secure central directory, where the information exchanged would be stored. The directory will be accessible to all member states and, to the extent that it is required for monitoring the correct implementation of the directive, to the Commission.


The new rules will have to be applied from 1 January 2017. In the meantime, existing obligations to exchange information between member states will stay in place. “

See the complete communiqué here.

Robert Robillard, Ph.D., CPA, CGA, MBA, M.Sc. Econ.
Senior Partner, DRTP Consulting Inc.
514-742-8086; robertrobillard “at”

The convergence of DRTP Consulting’s tax, accounting and economics expertise makes a difference. The information in this blog post is general information only. Data and information come from sources believed to be reliable but complete accuracy cannot be guaranteed. DRTP Consulting Inc. or the author are not responsible or liable for any error, omission or inaccuracy in such information. The opinions expressed in this blogpost are those of the author. Readers should seek advice and counsel from DRTP Consulting Inc. as required.

Posted by drtp On 9 October 2015