Public CbCR to require qualified majority rather than unanimity : European Parliament

Feb 20,2017

European Parliament’s Committee on Legal Affairs issues public opinion on legal basis of EC proposal relating to public Country-by-Country (CbC) reporting; Concludes that the introduction of public CbCR being an accounting matter, it amendment must be based on Article 50(1) of Treaty on the Functioning of the European Union (‘TFEU’) (which requires qualified majority to amend a Directive) and not Article 115 (which requires unanimous...

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