- European Union Finance Ministers have agreed on revisions of the mandate of the Code of Conduct for Business Taxation.
- The revisions will apply to tax features which are introduced or modified on or after 1 January 2023 and create opportunities for double non-taxation or that can lead to the double or multiple use of tax benefits for the same amount of income.
- Businesses should closely monitor the work of the COCG and assess the impact of the revised mandate.
Source EY