CFE’s Tax Top 5 – 11 JULY 2022
BRUSSELS | 11 JULY 2022 EU Commission Launches Consultation on Improving Tax Intermediaries Regulatory Framework The EU Commission has now launched its highly anticipated public consultation on the policy options being considered to improve tax intermediaries’ regulatory framework, for a legislative proposal referred to in the consultation document as “SAFE”, a proposal to tackle the role of enablers that [...]
CFE’s Tax Top 5 – 4 JULY 2022
BRUSSELS | 4 JULY 2022 EU Commission Publishes Annual Report on Taxation 2022 The EU Commission has published its Annual Report on Taxation 2022, which assesses the performance of the tax systems and tax policies of the individual Member States and across the EU as a whole. The report sets out that the coronavirus crisis led to [...]
CFE’s Global Tax Top 10 – July 2022
BRUSSELS | JULY 2022 EU Commission Launches Consultation on Improving Tax Intermediaries Regulatory Framework The EU Commission has now launched its highly anticipated public consultation on the policy options being considered to improve tax intermediaries’ regulatory framework, for a legislative proposal referred to in the consultation document as “SAFE”, a proposal to tackle the role of enablers [...]
CFE’s Tax Top 5 – 27 JUNE 2022
BRUSSELS | 27 JUNE 2022 CFE Opinion Statement on Introducing a Common EU-wide System for Withholding Taxes The CFE has issued an Opinion Statement in relation to the European Commission’s public consultation on introducing an EU-wide system on withholding taxes. The CFE Tax Advisers Europe is supportive of the initiative to introduce an EU-wide system for relief at [...]
CFE’s Tax Top 5 – 20 JUNE 2022
BRUSSELS | 20 JUNE 2022 Professional Regulation of Tax Advisers in the EU: Commission Consultation to be Launched in July/h3> The European Commission will not propose amendments to the existing rules on professional regulation of tax advisers, according to reports from various events and meetings held last week. Due to the complexity and diversity of [...]
CFE’s Tax Top 5 – 13 JUNE 2022
BRUSSELS | 13 JUNE 2022 ECOFIN to Vote on Minimum Tax Directive Finance Ministers from the Council of the European Union will this week again vote on the directive on the implementation of Pillar 2 into the EU legal order. Poland’s Finance minister Magdalena Rzeczkowska maintained veto over the compromise directive as agreed by the rest of the [...]
CFE’s Global Tax Top 10 – June 2022
BRUSSELS | JUNE 2022 Pillar 2 Directive: EU Fails to Reach Agreement on Minimum Tax Directive EU Finance Ministers were unable to agree reach political agreement on the EU Commission proposal for a directive on minimum tax on the implementation of Pillar 2 into the EU legal order in June prior to the end of France’s [...]
CFE’s Tax Top 5 – 30 MAY 2022
BRUSSELS | 30 MAY 2022 EU EU Tables Minimum Tax Directive Vote for June The French Presidency of the Council of the European Union tabled the discussion on the directive on the implementation of Pillar 2 into the EU legal order for the 17 June ministers’ of finance meeting, facing opposition from Poland. Poland’s Finance minister Magdalena Rzeczkowska [...]
CFE’s Tax Top 5 – 23 MAY 2022
BRUSSELS | 23 MAY 2022 EU Commission Publishes Equity Allowance Proposal On 11 May 2022, the European Commission published a proposal for a directive laying down rules on a debt-equity bias reduction allowance and on limiting the deductibility of interest for corporate income tax purposes (“DEBRA”). These measures seek to equalise the tax treatment of debt and equity by way [...]
CFE’s Tax Top 5 – 9 MAY 2022
BRUSSELS | 9 MAY 2022 CFE Opinion Statement on the EU Commission VAT in the Digital Age Consultation On 5 May 2022, CFE Tax Advisers Europe issued an Opinion Statement on the EU VAT in the Digital Age Consultation. CFE welcomes the work of the European Commission in seeking to review the appropriateness of current VAT rules [...]