On 22 December 2021, European Commission published the Proposal for a Council Directive laying down rules to prevent the misuse of shell entities for tax purposes and amending Directive 2011/16/EU (COM(2021) 565 final / 2021/0434 (CNS)) to amend the DAC1 (2011/16/EU).
Better Regulation has incorporated the proposed amendments into condensed text version of the Directive.