On September 10, 2024, TEI submitted comments to the European Commission regarding its review of its anti-tax avoidance directive, or "ATAD." TEI's comments focused primarily on whether the ATAD is still useful given the numerous subsequent anti-tax avoidance measures that have been introduced in the European Union, or will be introduced under OECD Pillar Two. TEI's comments were prepared by a working group of its EMEA Direct Tax Committee, led by Ralf Thelosen of Citco. Benjamin R. Shreck, TEI Tax Counsel, coordinated the preparation of TEI's comments.
Committee