CFE’s Tax Top 5 – 31 August 2020
BRUSSELS I 31 AUGUST 2020 EU Commission Publishes ATAD Implementation Report The European Commission published a Report to the European Parliament and Council on the implementation of ATAD and ATAD2, the EU Anti-Tax Avoidance Directive, a factual document outlining the status of the implementation of the directive in Member states pursuant to Article 10 of the Directive. [...]
CFE’s Tax Top 5 – 10 August 2020
BRUSSELS I 10 AUGUST 2020 OECD Updates COVID-19 Tax Policy Database The OECD has published an updated version of the database containing the details of taxation and financial measures taken by governments around the world in response to the COVID-19 outbreak. The OECD also has a dedicated webpage concerning the COVID-19 outbreak, providing information and [...]
CFE’s Tax Top 5 – 3 August 2020
BRUSSELS I 3 AUGUST 2020 CFE’s EU Tax Policy Report – Semester I 2020 The COVID-19 pandemic conditions that developed in the first six months of 2020 led to extreme public health and economic challenges, shifting the focus of the wider community into contending the impact of COVID-19. The first semester of 2020 has therefore [...]
CFE’s Tax Top 5 – 27 july 2020
BRUSSELS I 27 JULY 2020 European Leaders Agree EU Recovery Plan & 2021- 2027 Budget European Leaders Agree EU Recovery Plan & 2021- 2027 Budget At the Special European Council meeting which took place from 17 – 21 July, EU leaders reached an historic agreement after marathon negotiations on the EU recovery package proposal to [...]
CFE’s Tax Top 5 – 20 july 2020
BRUSSELS I 20 JULY 2020 European Commission Unveils New Tax Package The European Commission has now published its Tax Package for “fair and simple taxation”, designed to address issues experienced in EU taxation arising in the course of “a ‘taxpayer's journey': from registering your business, to reporting, payment, verification, dealing with disputes.” The Tax Package [...]
CFE’s Tax Top 5 – 13 july 2020
European Tax Professionals Call for Better Tax Governance: Joint statement of CFE Tax Advisers Europe and Accountancy Europe Ahead of the European Commission Anti-fraud tax package, Accountancy Europe and CFE Tax Advisers Europe, leading European associations for tax professionals, highlight three areas for policymakers in which the current tax system could be improved whilst longer term [...]
CFE’s Tax Top 5 – 06 july 2020
BRUSSELS I 06 JULY 2020 EU Prolongs State Aid Framework The European Commission has prolonged the application of State Aid rules which were set to expire at the end of 2020, in order to minimise the economic impact of the COVID-19 outbreak on companies. Many of the rules have been prolonged by one year, in [...]
CFE’s Tax Top 5 – 29 JUNE 2020
DAC6 Optional Deferral Enters Into Force The proposal as agreed by Member States in early June to defer deadlines for exchange of information under the administrative cooperation directive as a result of the coronavirus crisis has now been published in the Official Journal of the European Union and has entered into force. The Directive [...]
CFE’s Global Tax Top 10 – February 2020
BRUSSELS | FEBRUARY 2020 1. OECD Release Digital Tax Economic Analysis In a webcast streamed on 13 February 2020, the OECD released details of an economic analysis and impact assessment concerning the Pillar 1 and Pillar 2 proposals for taxation of the digital economy being negotiated by the Inclusive Framework on BEPS. The preliminary findings [...]
CFE’s Tax Top 5 – 17 FEBRUARY 2020
BRUSSELS 17 FEBRUARY 2020 OECD Release Digital Tax Economic Analysis In a webcast streamed on 13 February 2020, the OECD released details of an economic analysis and impact assessment concerning the Pillar 1 and Pillar 2 proposals for taxation of the digital economy being negotiated by the Inclusive Framework on BEPS. The preliminary findings of [...]