On May 20, 2020, the European Commission underlined key recommendations for six EU member states on how to curb aggressive tax planning.
The recommendations concern the following six member states: Cyprus, Hungary, Ireland, Luxembourg, Malta, and the Netherlands.
Paolo Gentiloni, Commissioner for Economy, said: “The coronavirus pandemic and the necessary containment measures have dealt a brutal blow to Europe's economies. These recommendations reflect that unprecedented situation. So, as we look to the future, our investment and reform objectives must remain focused on making a success of the green and digital transitions and ensuring social fairness.”