The Evolution of the Exchange of Information in the EU: Early years, DAC1 and DAC2
PANTAZATOU, Aikaterini; BIANCO, Arthur
2024 • In Serrat, Marina; Korving, Jasper; Eliantonio, Mariolina (Eds.) Exchange of Information in the EU: Taxpayers’ Rights, Transparency and Effectiveness
Administrative Cooperation, DAC1, DAC2,; tax transparency, Common Reporting Standard, Exchange of Information
Abstract :
[en] The present chapter examines the so-called ‘DAC1’ and ‘DAC2’ directives, the first two Directives on Administrative Cooperation (‘DACs’). In doing so, it first places the two directives in their historical and political context by analysing their ‘predecessors’ and the conditions that led to their adoption. It then provides for a legal overview of the 2 DACs by focusing on their most contentious provisions and the remaining open legal questions. Finally, this chapter assesses the effectiveness of the directives and concludes that despite some flaws, DAC1 and DAC2 have contributed tremendously to enhancing transparency and fighting tax evasion in the EU.
Disciplines :
Tax law
Author, co-author :
PANTAZATOU, Aikaterini ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Department of Law (DL)
BIANCO, Arthur ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Department of Law (DL)
External co-authors :
yes
Language :
English
Title :
The Evolution of the Exchange of Information in the EU: Early years, DAC1 and DAC2
Publication date :
April 2024
Main work title :
Exchange of Information in the EU: Taxpayers’ Rights, Transparency and Effectiveness
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