State puts pressure on corporate tax packages

The tax arrangements for companies will no longer have secrets, or almost, for the tax administration. France is preparing to apply the European directive known as DAC-6. This will oblige companies to communicate to the administration their “potentially aggressive” cross-border tax schemes, explains the government. The obligation will apply to companies and their advisers from July 1, for assemblies carried out since June 25, 2018.

Read also: How all corporate tax cuts have been offset by governments since 2012

"The objective of the directive is to help the States of the Union to better protect their fiscal resources from the risk of erosion and evasion due to tax arrangements" , is it detailed in the minutes of the Council of Ministers of January 15, which validated this measure. The data collected will feed into a European database in which the administrations of the Member States can come and draw.

Experts are still wondering about the scope of this new anti-optimization measure.

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