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Shell Corporations Anti Tax Avoidance Directive (ATAD)

A&O Shearman

Will Unshell be washed away? An uncertain future for ATAD 3 - the EU’s tax proposal on shell entities

A&O Shearman on

The European Commission put forward a proposal in 2021 to tackle shell entities (known as ATAD 3). Despite widespread support for the concept, reaching agreement on the technical details of the Unshell Directive has proved...more

Goodwin

A New Direction for ATAD III Proposal?

Goodwin on

​​​​​​​Further to the request of the European Parliament for concerted EU action, the European Commission issued on 22 December 2021 a proposal for a Council Directive laying down rules to prevent the misuse of shell entities...more

Dechert LLP

ATAD 3 (Shell Companies) – Potential Implications for Fund Structures

Dechert LLP on

A draft EU Council directive, known as ATAD 3, was issued by the European Commission as a proposal at the end of last year. The directive is aimed at countering the misuse of 'shell' entities and could impose adverse tax and...more

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