CFE’s Tax Top 5 – 26 August 2019
BRUSSELS I 26 AUGUST 2019 Discussions on Digital Tax & Tariffs at G7 Meeting At the G7 Summit taking place in Biarritz from 24 to 26 August, an agreement has reportedly been reached between the US and France concerning the recently introduced French digital tax. Following the French digital tax being signed into law in [...]
CFE’s Tax Top 5 – 19 August 2019
BRUSSELS I 19 AUGUST 2019 GAFA Representatives Give Evidence at US Inquiry into French Digital Tax Representatives from companies including Amazon, Google and Facebook will give testimony concerning the recently introduced French digital tax at a hearing taking place on 19 August 2019. The hearing forms part of the investigation launched by the Office of [...]
CFE’s Tax Top 5 – 10 August 2019
BRUSSELS I 10 AUGUST 2019 1. France & US Reach Compromise on Digital Tax Dispute at G7 Meeting At the G7 Summit taking place in Biarritz from 24 to 26 August, an agreement has reportedly been reached between the US and France concerning the recently introduced French digital tax. The French bill on digital services [...]
CFE’s Tax Top 5 – 5 August 2019
BRUSSELS I 5 AUGUST 2019 Amazon Increases Referral Fees in France Following Introduction of Digital Tax Amazon France has issued a notice advising sellers that following the introduction of a digital tax in France it will now increase referral fees rates for sellers by 3% to offset this additional cost. This follows on from the [...]
CFE’s Tax Top10- August 2019
BRUSSELS AUGUST 2019 1. France & US Reach Compromise on Digital Tax Dispute at G7 Meeting At the G7 Summit taking place in Biarritz from 24 to 26 August, an agreement has reportedly been reached between the US and France concerning the recently introduced French digital tax. The French bill on digital services tax, adopted [...]
CFE’s Tax Top 5 – 29 July 2019
BRUSSELS I 29 Juy 2019 Commission Adopts New Anti-Money Laundering Risk Assessment Reports The European Commission has adopted four reports concerning the monitoring and implementation of EU anti-money laundering and countering terrorism financing rules. The reports include: the 2019 Supranational Risk Assessment report; a Financial Intelligence Units assessment report; an assessment report of recent money [...]
CFE’s Tax Top 5 – 22 July 2019
BRUSSELS I 22 Juy 2019 EU Parliament Approves Ursula von der Leyen as New Commission President On 16 July, the European Parliament voted to appoint former German Defence Minister Ursula von der Leyen to the role of European Commission President for a period of 5 years from 1 November 2019. Ms von der Leyen will serve as [...]
CFE’s Tax Top 5 – 15 July 2019
BRUSSELS I 15 Juy 2019 EU Council Approves 2019 European Semester Recommendations The European Council has published its recommendations for Member States’ economic and fiscal policies arising from the 2019 European Semester Reports policy monitoring process. The European Semester Reports were published in March, which set out the expectation that the European economy will continue [...]
CFE’s Tax Top 5 – 8 July 2019
BRUSSELS I 8 July 2019 New EU Council & Parliament Presidents Elected The European Council has approved the nomination of former Belgian Prime Minister, Charles Michel to the role of European Council President, electing him for the period 1 December 2019 – 31 May 2022. The mandate can be renewed once, extending the period by [...]
CFE’s Tax Top10- July 2019
BRUSSELS JULY 2019 1. New EU Parliament, Council and Commission Presidents Elected In July, the European Council approved the nomination of former Belgian Prime Minister Charles Michel to the role of European Council President. Italian MEP David Sassoli was elected President of the European Parliament. The European Parliament also voted to appoint former German Defence [...]