EU Anti-Tax Avoidance Directive: - KPMG Ireland
close
Share with your friends
IORP II: EU Pensions Directive Update

EU Anti-Tax Avoidance Directive

EU Anti-Tax Avoidance Directive

TaxWatch

TaxWatch

Access KPMG's client-only portal of publications on topical tax issues.

The amending EU Anti-Tax Avoidance Directive (ATAD 2) obliges all EU Member States to introduce a number of measures to provide protection against erosion of the tax base including provisions intended to prevent non taxation outcomes through the use of hybrid instruments and hybrid entities.

These rules must be enacted by 1 January 2020 (or 2022 in the case of reverse hybrids). In this article, Gareth Bryan, a Partner in KPMG’s Financial Services tax practice, reviews the focus and impact of these measures, including outlining the type of outcomes covered by ATAD 2 and what this means, in practice, for companies in the Asset Management Industry.

1000