German Government Votes on the EU Anti-Tax Avoidance Directive

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German federal parliament, The Bundestag have officially adopted the EU DAC6 Act for the Mandatory Reporting of Cross-Border Tax Planning Arrangements; implementing several important amendments, the final hearing and approval of the act will take place on December 20th by the Bundesrat.

Furthermore, the Federal Ministry of Finance has circulated a draft Bill to implement the EU Anti-Tax Avoidance Directive (ATAD). The Cabinet will consider the Proposal on December 18th, with the likelihood of taking effect next year on January 1st 2020.