The proposal must be viewed with other European and international initiatives aimed at greater exchange of information between tax administrations, such as the extension of the 2005 European Savings Directive or the FATCA arrangements.
The EESC agrees that five new categories of income should be included.
The EESC would urge to promote AEOI as an international standard.
It invites Member States to adopt a coordinated position to this end.
Efforts should be made to create the broadest possible level playing field.
Efforts must be made to harmonise the various systems for exchanging information that are associated with each of the initiatives and to reorganise them into a single framework.
The EESC calls on the Member States to ensure that the resources needed to implement AEOI successfully are made available.