For the purpose of harmonization with Directive (EU) 2015/2376, which refers to the mandatory automatic exchange of information between member states in the field of taxation, the House of Representatives recently voted on and amended the law on Administrative Cooperation in the Field of Taxation.
In particular, the amending law extends the scope of automatic information exchange to include information on advance cross-border decisions as well as information on advance intra-group pricing agreements.
By law, the competent tax authorities of the member states have the obligation to automatically exchange information between themselves in relation to tax reports issued by them regarding cross-border transactions and particularly with regard to advance cross-border decisions and advance intra-group pricing agreements.
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