CFE’s Tax Top 5 – 22 April 2025

BRUSSELS | 22 APRIL 2025 OECD Signals Continued US Involvement in Global Tax Deal  The United States remains engaged in negotiations on the global tax agreement, despite President Trump’s earlier denunciation in his January memorandum dismissing the deal’s relevance to US policy, according to OECD Secretary-General Mathias Cormann. Speaking at the Delphi Economic Forum, Mr Cormann confirmed ongoing discussions [...]

CFE’s Tax Top 5 – 14 April 2025

BRUSSELS | 14 APRIL 2025 17th Plenary Meeting of the OECD/G20 Inclusive Framework  The 17th Plenary Meeting of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) was convened last week in Cape Town, South Africa, from 7 to 10 April 2025. The event marked a significant milestone—the tenth anniversary of the BEPS Package—and welcomed [...]

CFE’s Tax Top 5 – 7 April 2025

BRUSSELS | 7 APRIL 2025 US Imposes Broad Global Tariffs Under New Regime On 2 April 2025, President Donald J. Trump signed an executive order titled “Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits.” The order introduces a sweeping new tariff regime, including [...]

CFE’s Tax Top 5 – 17 March 2025

BRUSSELS | 24 MARCH 2025 EU Tax Symposium: Global Tax Cooperation, Strategic Autonomy & Competitiveness The 2025 EU Tax Symposium, jointly organised by the European Commission and the European Parliament, took place last week on 18 March in Brussels. Central themes included wealth taxation, tax simplification, green transition, EU competitiveness, and the growing role of artificial intelligence in [...]

CFE’s Tax Top 5 – 3 March 2025

BRUSSELS | 3 MARCH 2025 G20 Discuss the Importance of Synergy in International Tax Fora Last week, the first G20 Finance Ministers and Central Bank Governors Meeting under South Africa’s presidency was held in Cape Town without a consensus for a Communique, resulting in a Chair’s Summary. The discussions centred around the theme of “Solidarity, Equality, [...]

CFE’s Opinion Statement

Opinion Statement Dear Sir/Madam, The CFE has issued an Opinion Statement prepared by the CFE ECJ Task Force on the decisions of the CJEU in C-694/20 and Case C-623/22 on the validity of certain aspects of DAC6 as regards the Charter of Fundamental Rights of the European Union (the “DAC6 cases”). The DAC6 cases concern whether some obligations [...]

CFE’s Tax Top 5 – 24 February 2025

BRUSSELS | 24 FEBRUARY 2025 Trump Issues Executive Order Concerning Digital Services Taxes & Foreign Trade Barriers Last week, on 21 February 2025, President Donald Trump issued an Executive Order, entitled “Defending American Companies and Innovators from Overseas Extortion and Unfair Fines and Penalties”. The order aims to protect American businesses, particularly in the technology sector, [...]

CFE’s Tax Top 5 – 17 February 2025

BRUSSELS | 17 FEBRUARY 2025 EU Commission 2025 Work Programme: Summary of Tax-Related Initiatives Last week, the European Commission published its 2025 Work Programme, which sets the planned initiatives of the new Commission. The European Commission’s tax-related initiatives for 2025 focus on harmonisation, digitalisation, and sustainability. President of the European Commission, Ursula von der Leyen said of the [...]