The European Union (EU) has announced new regulations aimed at curbing the use of aggressive tax planning strategies by multinational corporations. The rules, known as the Anti-Tax Avoidance Directive (ATAD), seek to prevent companies from exploiting loopholes in tax laws to minimize their tax responsibilities. The EU hopes that these regulations will create a more level playing field for businesses operating within the bloc, while also generating additional tax revenue for member states. The new rules are set to be implemented over the coming years, with the goal of increasing transparency and fairness in the taxation of multinational corporations.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
