CFE’s Tax Top 5 – 7 NOVEMBER 2022

BRUSSELS | 7 NOVEMBER 2022 EU Parliament’s Draft Report on Tax-Related Revelations The European Parliament heard last week the findings of MEP Niels Fuglsang (S&D, DK) who presented in the draft report of October 2022. The draft paper discusses the “Lessons learnt from the Pandora Papers and other revelations”. Key-findings include a recommendations for EU Member states to introduce cooling-off [...]

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CFE’s Global Tax Top 10 – November 2022

BRUSSELS | NOVEMBER 2022 G20 Summit Leaders’ Declaration on OECD’s Two-Pillar Solution Following on from the 17th G20 Summit, which was held in Indonesia from 15 – 16 November, the leaders issued a G20 Bali Leaders’ Declaration reaffirming international commitment to the implementation of the OECD Inclusive Framework’s Two-Pillar Solution to Address the Tax Challenges Arising from the [...]

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CFE’s Tax Top 5 – 24 OCTOBER 2022

BRUSSELS | 24 OCTOBER 2022 EU Parliament’s FISC: Reform of Corporate Taxation & Lessons Learned from the Pandora Papers The European Parliament’s Permanent Subcommittee on Tax Matters, FISC, will meet this week on 27 October. At the meeting, MEPs who make up the members of FISC will hold a public hearing on what is next for reform of corporate [...]

CFE’s Tax Top 5 – 17 OCTOBER 2022

BRUSSELS | 17 OCTOBER 2022 EU Commission Publishes BEFIT Call for Evidence The European Commission has last week published a call for evidence on establishing a new corporate income taxation framework in Europe (BEFIT), setting out the policy context and the key objectives of the initiative. This consultation follows on the discussions organised by the European Commission [...]

CFE’s Tax Top 5 – 10 OCTOBER 2022

BRUSSELS | 10 OCTOBER 2022 OECD Presents New Crypto-Assets Transparency Framework The OECD has today published its Crypto-Asset Reporting Framework (“CARF”), following on from the public consultation process which took place in Spring 2022. CFE at the time issued an Opinion Statement setting out its reservations and views on the proposed Framework. The CARF will provide for annual automatic exchange of information [...]