On 6 April 2018, Parliament adopted a bill amending the relevant provisions of the Taxation Act in order to clarify the wording of the provisions of Council Directive (EU) 2016/881 of 25 May 2016 on administrative cooperation in the taxation of mandatory automatic exchange of information. The new provisions came into effect on 12 April 2018 and apply to data to be disclosed for reporting periods beginning on or after 1 January 2016.
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