The Council adopted conclusions on the strengthening of a code of conduct aimed at eliminating measures that can create situations of harmful tax competition. The conclusions highlight the usefulness of the work done by the Council's code of conduct group in assessing individual tax measures in the member states. The Council also endorsed a new work package for the group, and asked it to develop general guidance on how to prevent tax avoidance, tax base erosion and profit shifting.
It is expected that further work on strengthening the code of conduct, as set out in the conclusions, will be finalised during the first half of 2016.
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