CFE’s Global Tax Top 10 – July 2020
BRUSSELS | JULY 2020 International Digital Tax Progress Update The OECD held a Tax Talks Webcast on 22 July to discuss progress on the Inclusive Framework project on taxation of the digitalising economy, the OECD Model Rules for Reporting by Platform Operators, the recently released Corporate Tax Statistics report and other recent tax developments. [...]
CFE’s Tax Top 5 – 27 july 2020
BRUSSELS I 27 JULY 2020 European Leaders Agree EU Recovery Plan & 2021- 2027 Budget European Leaders Agree EU Recovery Plan & 2021- 2027 Budget At the Special European Council meeting which took place from 17 – 21 July, EU leaders reached an historic agreement after marathon negotiations on the EU recovery package proposal to [...]
CFE’s Tax Top 5 – 20 july 2020
BRUSSELS I 20 JULY 2020 European Commission Unveils New Tax Package The European Commission has now published its Tax Package for “fair and simple taxation”, designed to address issues experienced in EU taxation arising in the course of “a ‘taxpayer's journey': from registering your business, to reporting, payment, verification, dealing with disputes.” The Tax Package [...]
CFE’s Tax Top 5 – 13 july 2020
European Tax Professionals Call for Better Tax Governance: Joint statement of CFE Tax Advisers Europe and Accountancy Europe Ahead of the European Commission Anti-fraud tax package, Accountancy Europe and CFE Tax Advisers Europe, leading European associations for tax professionals, highlight three areas for policymakers in which the current tax system could be improved whilst longer term [...]
CFE’s Tax Top 5 – 06 july 2020
BRUSSELS I 06 JULY 2020 EU Prolongs State Aid Framework The European Commission has prolonged the application of State Aid rules which were set to expire at the end of 2020, in order to minimise the economic impact of the COVID-19 outbreak on companies. Many of the rules have been prolonged by one year, in [...]
CFE’s Global Tax Top 10 – June 2020
BRUSSELS | JUNE 2020 1. US Withdraws from International Digital Tax Negotiations On 17 June US Trade Representative Robert E. Lighthizer confirmed that the US was withdrawing from OECD Inclusive Framework discussions on taxation of the digital economy. The decision was communicated to European Finance Ministers in a letter last week, igniting fears of a [...]
CFE’s Tax Top 5 – 29 JUNE 2020
DAC6 Optional Deferral Enters Into Force The proposal as agreed by Member States in early June to defer deadlines for exchange of information under the administrative cooperation directive as a result of the coronavirus crisis has now been published in the Official Journal of the European Union and has entered into force. The Directive [...]
CFE’s Global Tax Top 10 – May 2020
BRUSSELS | MAY 2020 1.OECD Update on International Work Programme The OECD held a Tax Talks Webcast in May concerning the recent and upcoming developments in the OECD’s international tax work, not only in relation to the tax challenges presented by the COVID-19 crisis, but also as regards continuity on its programme of work. In [...]
CFE’s Global Tax Top 10 – April 2020
BRUSSELS | APRIL 2020 1.OECD Updates COVID-19 Tax Measures Response Database & G20 Tax Response Report The OECD has published an updated version of the database containing the details of taxation and financial measures taken by governments around the world in response to the COVID-19 outbreak. At the virtual G20 meeting held on 15 April, [...]
CFE’s Global Tax Top 10 – March 2020
BRUSSELS | MARCH 2020 1. Message from the CFE Executive Board on the COVID-19 Impact As each and every one of us is impacted by the alarming spread of COVID-19 and how it is affecting our lives, the CFE Executive Board had, regretfully, taken the difficult decision to cancel the CFE Annual Forum, the General [...]