Tag: 2025

Trade Tensions & Tax: EU Navigates US Tariffs and Budget Pressures

BRUSSELS | 8 July 2025 Trump Announces Tariffs on Key Trading Partners & Extends Deadline as EU Seeks Interim Deal  US President Donald Trump has confirmed plans to impose new “reciprocal” tariffs on key trading partners, while granting a short extension to allow for further negotiations. The White House press secretary confirmed that these tariffs, initially paused in April after Trump’s “liberation day” [...]

BRUSSELS | 23 JUNE 2025 ECOFIN Ministers Advance EU Customs Reform & Review Tax Related Progress Under Polish Presidency At the 20 June 2025 meeting of the ECOFIN Council, EU Finance Ministers reviewed progress across several taxation files, formally approving its biannual report on tax issues, alongside Conclusions on the work of the Code of Conduct Group for Business Taxation. Key legislative [...]

BRUSSELS | 16 JUNE 2025 EU Updates List of High-Risk Third Countries for AML Compliance The European Commission has revised its list of high-risk third-country jurisdictions with deficiencies in their anti-money laundering and countering the financing of terrorism (AML/CFT) frameworks. The update, published on 10 June 2025, requires EU-based entities subject to AML obligations to apply enhanced due [...]

BRUSSELS | 10 JUNE 2025   CFE Issues Opinion Statement Calling for a Temporal Pause of Pillar Two Extra-Territorial Rules CFE Tax Advisers Europe has issued an Opinion Statement calling for a temporary pause in the application of the extra-territorial rules contained in the EU Minimum Tax Directive, specifically the Income Inclusion Rule (IIR) and the Undertaxed [...]

CFE Connect – May 2025 The May 2025 edition of CFE Connect is now available online. CFE Connect is designed to keep tax professionals informed of emerging policy trends and developments in European and international taxation, as well as inform our members about CFE’s ongoing activities. The publication includes key events and meetings attended or organised by [...]