31. Mai 2017 EU Council to adopt ATAD II Directive on hybrid mismatches On 29 May 2017 the Council of the EU formally and unanimously adopted the Council Directive amending Directive (EU) 2016/1164 as regards hybrid mismatches with third countries (ATAD II). Kategorien: From EuropeSchlagwörter: Steuern / Tax
08. Dezember 2021 Update: EU Council reaches agreement on updated rules for VA ... On 7 December 2021 the Council reached agreement on a proposal to update EU rules on rates of value added tax (VAT). The updates ensure member states are treated equally and give them more flexibility to apply reduced and zero VAT rates. The rules will also phase out preferential treatments for environmentally harmful goods. Kategorien: From EuropeSchlagwörter: VAT rates, EU Council
04. Oktober 2018 EU-Council agreed on four adjustments to EU's current VAT ru ... Pending introduction of the new VAT system, four short-term 'quick fixes' will be made regarding the VAT aspects of trade between the member states. Discussions are ongoing on a definitive VAT system to replace the current 'transitional' VAT arrangements, which have been applied since 1993. Kategorien: From EuropeSchlagwörter: quick fixes, intra-community supply, VAT ...
06. Oktober 2021 EU Council: Anguilla, Dominica and Seychelles removed from t ... In conclusions approved on 5 October 2021, the Council decided to remove Anguilla, Dominica and Seychelles from the EU list of non-cooperative countries and territories for tax purposes. All three had previously been placed on the “black list” because they did not meet the EU’s tax transparency criteria of being ranked as at least ‘largely compliant’ by the OECD Global Forum regarding the exchange of information on request. Kategorien: From EuropeSchlagwörter: non-cooperative countries, black list
29. September 2021 Public country-by-country reporting: EU Council paves the wa ... The Council of the European Union adopted its position at first reading on the proposed directive on the disclosure of income tax information by certain undertakings and branches, commonly referred to as the public country-by-country reporting (CBCR) directive, paving the way for its final adoption. The adoption of the Council’s position follows a provisional agreement reached with the European Parliament in June. Kategorien: From EuropeSchlagwörter: country-by-country-reporting, European C ...
21. Juni 2017 Tax & Legal News – Issue 3, June 2017 In this issue: PwC Reports, Official pronouncements, Supreme Tax Court Cases and From Europe Kategorien: Tax & Legal NewsSchlagwörter: Steuern / Tax
14. April 2016 Tax reporting provision does not restrict freedom of establi ... The ECJ has held that an obligation on a German bank to report assets held by German customers of its Austrian branch to the German tax authorities does not restrict the bank’s freedom to establish itself in Austria. Kategorien: From EuropeSchlagwörter: bank secrecy, reporting obligation
04. Januar 2012 Tax changes for 2012 The act transposing the EU mutual assistance directive on tax collection introduces a number of rotine statutory changes and thus serves as an annual tax act. Kategorien: PwC ReportsSchlagwörter: treaty shopping, tax changes, mutual ass ...
04. Januar 2017 10 percent threshold for input VAT deduction for private use ... The right to deduct input VAT may be excluded only in cases in which the goods acquired are used, to an extent greater than 90%, for purposes other than the taxable person’s business, and not where the goods are used for non-economic purposes (such as: in the course of public activities). Kategorien: Supreme Tax Court casesSchlagwörter: private use, input VAT deduction, non-bu ...
24. Mai 2019 German Finance Minister talks “minimum taxation” According to various statements of the German Finance Minister Olaf Scholz on 22 May 2019, a system of international minimum taxation will be discussed at the forthcoming G20 (June 2019) and G7 (August 2019) meetings. The aim is to agree such a system (within the terms of the Global Anti-Base Erosion "GloBE" agenda and given the name “BEPS 2.0”) with the other 128 states of the OECD in the Summer of 2020. Kategorien: Official PronouncementsSchlagwörter: OECD, BEPS, minimum taxation, under-taxe ...
