CFE’s Tax Top 5 – 9 MAY 2022
BRUSSELS | 9 MAY 2022 CFE Opinion Statement on the EU Commission VAT in the Digital Age Consultation On 5 May 2022, CFE Tax Advisers Europe issued an Opinion Statement on the EU VAT in the Digital Age Consultation. CFE welcomes the work of the European Commission in seeking to review the appropriateness of current VAT rules [...]
CFE’s Tax Top 5 – 2 MAY 2022
BRUSSELS | 2 MAY 2022 CFE Opinion Statement on OECD Public Consultation on a Crypto-Asset Reporting Framework On 29 April 2022, CFE issued an Opinion Statement on the OECD public consultation on a Crypto-Asset Reporting Framework and Amendments to the Common Reporting Standard. CFE recognises the need to understand and meet the challenges presented by the crypto revolution. [...]
CFE’s Tax Top 5 – 26 APRIL 2022
BRUSSELS | 26 APRIL 2022 EU Parliament Tax Subcommittee: Hearing on Regulating Intermediaries On 25 April 2022, the European Parliament’s Permanent Subcommittee on Tax Matters held a hearing concerning regulation of the provision of tax advice across the European Union, “How to reinforce the regulation of intermediaries to create an intermediary sector that ensures a fair and user-friendly [...]
CFE’s Tax Top 5 – 19 APRIL 2022
BRUSSELS | 19 APRIL 2022 EU Commission Latest EU Law Infringement Package The European Commission has issued a number of infringement decisions or letters of formal notice addressed to Member states for breach of their legal obligations under EU law. Germany received a letter of formal notice concerning discriminatory withholding taxation of dividends/ interest to charitable organisations [...]
CFE’s Tax Top 5 – 11 APRIL 2022
BRUSSELS | 11 APRIL 2022 ECOFIN: Poland Vetos Pillar 2 Minimum Tax Implementing Proposal EU Finance Ministers met on 5 April at the Council of the EU’s Economic and Financial Affairs Council configuration. Ministers failed to reach agreement on the EU Directive on the implementation of the OECD’s Pillar 2 minimum corporate income tax at [...]
CFE’s Tax Top 5 – 4 APRIL 2022
BRUSSELS | 4 APRIL 2022 EU Commission Launches Public Consultation on a New EU System for Withholding Taxes The European Commission has launched a public consultation questionnaire on a new EU-wide system for withholding taxes. Input received will feed into the upcoming legislative initiative planned for adoption in Q4 of 2022, which aims to introduce a common EU-wide system [...]
CFE’s Tax Top 5 – 29 MARCH 2022
BRUSSELS | 29 MARCH 2022 EU Parliament: Hearing on the Dutch Tax System & Exchange of Information with Pandora Papers Jurisdictions European Parliament’s Taxation Subcommittee (FISC) held two public hearings focusing on the fiscal law changes in the Netherlands and exchange of information for taxation purposes with jurisdictions featuring in the Pandora Papers. The first hearing saw [...]
CFE’s Tax Top 5 – 21 MARCH 2022
BRUSSELS | 21 MARCH 2022 ECOFIN: EU Council Progress on Pillar 2 Minimum Corporate Tax Implementing Directive EU Finance Ministers met on 15 March at the Council of the EU’s Economic and Financial Affairs Council configuration. At the meeting, significant progress was made in relation to the EU Directive on the implementation of the OECD’s [...]
CFE’s Tax Top 5 – 14 MARCH 2022
BRUSSELS | 14 MARCH 2022 European Parliament Adopt Reports on Reforming Withholding Taxes & Simplifying Tax Systems At a Plenary session on 10 March 2022, the European Parliament adopted two reports setting out a series of recommendations for the Commission and Member States on reforming withholding taxes and simplifying tax systems. The Parliament in the report notes [...]
CFE’s Tax Top 5 – 7 MARCH 2022
BRUSSELS | 7 MARCH 2022 ECOFIN Agenda: Global Minimum Corporate Tax & Carbon Border Adjustment Mechanis Finance Ministers will meet on 15 March at the next Council of the EU’s Economic and Financial Affairs Council meeting. At the meeting, finance and economic ministers will primarily focus on the EU directive on the implementation of the [...]