The European Commission has launched a consultation into improving double taxation dispute resolution mechanisms.

The consultation is part of the work on implementing the June 2015 Action Plan for a Fair and Efficient Corporate tax system in the European Union and focuses on improving the double taxation dispute resolution mechanism.

The European Commission said the general objective of the initiative is to create a more attractive investment and business environment and to achieve greater legal certainty at a time where recent significant changes to increase tax transparency and fight...