Tag: 2025

BRUSSELS | 17 MARCH 2025 ECOFIN: DAC9 & ViDA Legislative Proposals Approved Ministers of the Economic and Financial Affairs Council met on 11 March, reaching political agreement on two significant legislative proposalsL the Directive on Administrative Cooperation in the Field of Taxation (DAC9); and, the VAT in the Digital Age (ViDA) package. The Council also published Conclusions on tax decluttering and [...]

BRUSSELS | 10 MARCH 2025 Key EU Council Discussions this Week: Tax Cooperation, Business Simplification & Competitiveness  This week, the Economic and Financial Affairs Council (ECOFIN) meeting on 11 March will focus on several key areas impacting tax policy. Ministers will discuss the Omnibus Package presented by the Commission, which aims to reduce administrative burdens by at [...]

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, [...]

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 [...]

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, [...]