US EditionEU Council confirms abandonment of the Unshell Directive Proposal | ATOZ Tax Advisers Luxembourg
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EU Council confirms abandonment of the Unshell Directive Proposal | ATOZ Tax Advisers Luxembourg
EU Council confirms abandonment of the Unshell Directive Proposal On 20 June 2025, the EU Council approved an ECOFIN report confirming that work on the proposed Unshell Directive - originally aimed at curbing the misuse of shell entities for tax purposes - will be abandoned. This decision follows concerns about overlaps with existing rules under DAC6, which could result in duplicative reporting and increased administrative burdens. In line with…
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