In reply to summo:
> No, because the nations in the eu that currently offer such advantages are at the heart of the eu. Juncker is hardly going to promote legislation that puts Luxembourg on an equal footing is he?
> The eu is lobbied quite heavily by big business, they could do more, but won't.
Here is the assessment from KPMG :
"On 17 June 2016 the Economic and Financial Affairs Council (ECOFIN) of the EU held discussions with a view to reaching a political agreement on the proposal for an anti-tax avoidance directive (ATAD). A final compromise text was put forward, and as no objections were raised by the 20 June 2016 deadline, political agreement was reached and the text will be submitted to a later ECOFIN meeting for formal adoption.
There is clearly a strong desire within the EU to implement effective anti-tax avoidance measures in a consistent and coordinated manner, and there has certainly been very tangible progress towards this during the first half of 2016. The package of measures was first unveiled at the end of January 2016, and was positioned as a mechanism for ensuring consistent and appropriate implementation of the OECD’s BEPS recommendations by Member States.
At that time,
there were concerns that the EU appeared to be going above and beyond the scope of the OECD’s BEPS project. However, in the period since its original proposal, it is clear that the EU has listened to the concerns of individual Member States and has made amendments and refinements. The ATAD is now, on the whole, consistent with the OECD’s recommendations."