Categories: From Europe (254 found)

1. 13.06.2024

   Data protection: Council agrees position on GDPR enforcement ...

   The Council of the EU reached an agreement on a common member states’ position on a new law which will improve cooperation between national data protection authorities when they enforce the General Data Protection Regulation (GDPR).

   Categories: From Europe

   Keywords: Data Protection
2. 27.05.2024

   Infringement proceedings regarding the implementation of tax ...

   The Commission calls on Germany and a number of other countries to fulfil their obligation to cooperate with other Member States on tax transparency of income realized through digital platforms.

   Categories: From Europe

   Keywords: digital data
3. 24.05.2024

   Corporate sustainability due diligence: Council gives its fi ...

   The Council has today formally adopted the corporate sustainability due diligence directive. This is the last step in the decision-making procedure.

   Categories: From Europe

   Keywords: Corporate Sustainability Reporting Direc ...
4. 16.05.2024

   EU Council agrees on new rules for withholding tax procedure ...

   On 14 May 2024 the Council reached an agreement (general approach) on safer and faster procedures to obtain double taxation relief, which will help boost cross-border investment and help fight tax abuse.

   Categories: From Europe

   Keywords: withholding tax, double tax relief
5. 07.02.2024

   Commission calls on Germany to comply with EU VAT rules rega ...

   The European Commission decided to send a reasoned opinion to Germany for not properly applying EU rules on exempting private tuition services from VAT as laid out in the VAT Directive and clarified by the Court of Justice of the European Union.

   Categories: From Europe

   Keywords: VAT Exemption, school and university tui ...
6. 26.01.2024

   EU-Commission: Measures to strengthen economic security and ...

   The Commission adopted a package of infringement decisions due to the absence of communication by Member States of measures taken to transpose EU directives into national law. In a further measure the Commission adopted five initiatives to strengthen the EU's economic security at a time of growing geopolitical tensions and profound technological shifts.

   Categories: From Europe

   Keywords: EU-Directive
7. 18.01.2024

   Anti-money laundering: Council and Parliament strike deal on ...

   The Council and Parliament reached a provisional agreement on stricter EU anti money laundering rules. The new rules will harmonize the existing framework and close possible loopholes used by criminals to launder illicit proceeds or finance terrorist activities through the financial system.

   Categories: From Europe

   Keywords: Geldwäschebekämpfung / Anti Money Launde ...
8. 02.01.2024

   New rules to combat fraud on cross-border payments in the EU ...

   New transparency rules came into force on 1 January 2024 that will help EU Member States to crack down on Value-Added Tax (VAT) fraud.

   Categories: From Europe

   Keywords: VAT fraud
9. 02.01.2024

   A new era for corporate taxation in the EU enters into force

   Ground-breaking new EU rules come into effect from 1 January 2024 introducing a minimum rate of effective taxation of 15% for multinational companies active in EU Member States.

   Categories: From Europe

   Keywords: minimum tax
10. 23.11.2023

    EU-Commission fines Rabobank over Euro-denominated bonds tra ...

    The European Commission has fined Rabobank for participating in a cartel concerning the trading of certain Euro-denominated bonds, together with Deutsche Bank. Deutsche Bank was not fined as it revealed the cartel to the Commission under the leniency program.

    Categories: From Europe

    Keywords: fine, cartel
11. 22.11.2023

    Banco Popular: Shareholders and creditors not entitled to co ...

    The General Court of the EU decided today that affected shareholders and creditors in the course of winding up Spain's ailing Banco Popular in 2017 were not entitled to compensation from the Single Resolution Fund, as they would not have received better treatment in the event of the liquidation of the bank than that resulting from its resolution.

    Categories: From Europe

    Keywords: Liquidation, resolution
12. 16.11.2023

    European Commission to refer Belgium to the European Court o ...

    Today, the European Commission decided to refer Belgium to the European Court of Justice for its failure to comply with the Treaty principle of free movement of workers, as regards taxation of non-resident taxpayers with modest income.

    Categories: From Europe

    Keywords: free movement of workers
13. 26.10.2023

    European Green Bonds: Council adopts new regulation to promo ...

    The European Council adopted a regulation creating a European green bond standard. The regulation lays down uniform requirements for issuers of bonds that wish to use the designation ‘European green bond’ or ‘EuGB’ for their environmentally sustainable bonds.

    Categories: From Europe

    Keywords: EU SF Green Bonds Standard
14. 25.10.2023

    VAT compliance: EU Member States made progress in 2021

    According to a new report released by the European Commission on 24 October 2023 most EU Member States made progress in the enforcement of Value-Added Tax (VAT) compliance in 2021. The annual VAT Gap study, which measures the difference between theoretically expected VAT revenues and the amount actually collected, shows that Member States lost around €61 billion in VAT in 2021, compared to €99 billion in 2020.

    Categories: From Europe

    Keywords: collection of VAT
15. 17.10.2023

    EU-Council adopts directive to boost cooperation between nat ...

    Today, the Council adopted a directive amending EU rules on administrative cooperation in the area of taxation. The amendments mainly concern the reporting and automatic exchange of information on revenues from transactions in crypto-assets and on advance tax rulings for the wealthiest (high-net-worth) individuals.

    Categories: From Europe

    Keywords: cooperation, exchange of information
16. 12.10.2023

    Update: General Court: Belgian tax rulings for multinational ...

    The tax exemptions by way of tax rulings from Belgium to companies forming part of multinational groups constitute an unlawful aid scheme. The General Court of the EU thus confirms the decision of the European Commission which found, in 2016, that the Belgian tax scheme was an infringement of the EU rules on State aid.

    Categories: From Europe

    Keywords: tax rulings, state aid
17. 29.09.2023

    General Court annuls Commission’s decision on Spanish tax sc ...

    The General Court invalidates the Commission’s decision declaring the Spanish tax scheme on the deduction for indirect acquisitions of shareholdings in foreign companies unlawful.

    Categories: From Europe

    Keywords: share acquisition, illicit state aid
18. 13.09.2023

    EU Commission: New proposals to simplify tax rules and reduc ...

    On 12 September 2023, the European Commission adopted a key package of initiatives to reduce tax compliance costs for large, cross-border businesses in the EU, called “Business in Europe: Framework for Income Taxation” (BEFIT), to make life easier for both businesses and tax authorities by introducing a new, single set of rules to determine the tax base of groups of companies.

    Categories: From Europe

    Keywords: WpHG Compliance, cross border transactio ...
19. 05.09.2023

    EU Commission to facilitate the activities of cross-border a ...

    The European Commission adopted a proposal to facilitate cross-border activities of non-profit associations in the EU. It will improve the functioning of the Internal Market by removing legal and administrative barriers for non-profit associations that operate or wish to operate in more than one Member State, thus promoting the role non-profit associations play in generating economic and societal values in the EU and allow a level playing field between them.

    Categories: From Europe

    Keywords: non-business, non-profit associations
20. 27.07.2023

    State aid: Commission approves German support for on-shore L ...

    The European Commission has approved, under EU State aid rules, a €40 million German support measure for the construction and operation of a new land-based liquefied natural gas (‘LNG') terminal in Brunsbüttel. The measure will contribute to the security and diversification of energy supplies in Germany and help end dependence on Russian fossil fuels in line with the REPowerEU Plan.

    Categories: From Europe

    Keywords: state aid, LNG terminal
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