European Tax Update January 2019

We set out below a recap of some of the key European and international tax developments to note at the start of 2019. This alert provides a brief summary of the following:

1. the implementation, from 1 January 2019, by all EU Member States of certain anti-tax avoidance measures, which is likely to have an impact on the effective tax rate of a number of international groups (including common fund structures) involving EU taxpayers;
2. the introduction of the EU's Mandatory Disclosure Regime for intermediaries, which will require lawyers, accounting firms and other similar "intermediaries" to disclose the details of a wide range of transactions implemented on behalf of their clients to EU tax authorities;