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German-Speaking Ministers Discuss Tax

by Ulrika Lomas, Tax-News.com, Brussels

24 August 2016


German-speaking finance ministers from Austria, Germany, Liechtenstein, Luxembourg, and Switzerland have met to discuss a range of tax and economic issues.

According to the Swiss Government, the ministers discussed the implementation of international standards for the automatic exchange of tax information, and the taxation of multinational companies.

The ministers also considered the implementation within the European Union (EU) of the base erosion and profit shifting (BEPS) proposals developed by the Organisation for Economic Cooperation and Development (OECD).

Among the other topics of conversation were the consequences of the UK's vote to leave the EU, and how financial market regulations impact small- and medium-sized companies.

The next meeting will be held in Switzerland in 2017.

TAGS: compliance | tax | tax compliance | Liechtenstein | Luxembourg | United Kingdom | Austria | Germany | Switzerland | standards | regulation | European Union (EU) | Europe | BEPS

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