THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union, and in particular Articles 113 and 115 thereof,
Having regard to the proposal from the European Commission,
Having regard to the opinion of the European Parliament [Opinion of 10 February 2010 (not yet published in the Official Journal).],
Having regard to the opinion of the European Economic and Social Committee [Opinion of 16 July 2009 (not yet published in the Official Journal).],
Acting in accordance with a special legislative procedure,
Whereas:
(1) The Member States' need for mutual assistance in the field of taxation is growing rapidly in a globalised era. There is a tremendous development of the mobility of taxpayers, of the number of cross-border transactions and of the internationalisation of financial instruments, which makes it difficult for Member States to assess taxes due properly. This increasing difficulty affects the functioning of taxation systems and entails doub
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