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EU Commission applauds new tax avoidance measures

( December 9, 2014, 15:29 GMT | Official Statement) -- MLex Summary: The European Commission has welcomed EU states’ agreement today on two measures to prevent corporate tax avoidance and tax fraud. An anti-abuse clause amending the Parent Subsidiary Directive will allow EU states to adopt stricter or more specific domestic rules, while a final decision on the automatic exchange of information between states’ tax authorities is designed to improve transparency.Statement follows in full:...

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