EU - Tax transparency, information exchange within EU 

June 17:  The European Commission last week proposed to accelerate the scope of automatic information exchange within the EU to information on dividends, capital gains, and any other income from assets and financial accounts held by EU individuals.

Read TaxNewsFlash-Europe: EU - Proposal for expanded automatic exchange of information (12 June 2013)

On the same date, the European Parliament (EP) approved country-by-country reporting requirements for companies active in the large extractive and logging industries and that are based in the EU or listed on EU regulated markets. Approval is still required from the Council of the EU.

Read a June 2013 report prepared by the KPMG member firm in the Netherlands: Tax Transparency and information exchange within the EU – recent developments

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