The Commission is developing new formats for automatic exchange of information on income from employment, directors' fees, life insurance products, pensions and on ownership of and income from immovable property, pursuant to Directive 2011/16/EU[22].
Furthermore, the Commission will propose practical solutions for income types other than those specified in the Directive, to be used by Member States on a voluntary basis to draw even greater benefits from the mechanisms provided for by the Directive.
