ATAD 3: New EU Directive to prevent misuse of shell entities
On 22 December 2021, the European Commission published a proposal for a Directive (ATAD_3) to target the misuse of shell companies for tax purposes. EU Member States need to transpose the Directive into their national legislations by 30 th June 2023, with its provisions coming into effect on 1 st January 2024. The Directive targets […]