CFE’s Global Tax Top 10 – September 2022

BRUSSELS | SEPTEMBER 2022 CFE President Addresses EU Finance Ministers at Informal ECOFIN Meeting in Prague The President of CFE Tax Advisers Europe, Mr Piergiorgio Valente, and CFE’s Director of Tax Policy, Mr Aleksandar Ivanovski, attended an informal meeting of the ECOFIN Council in Prague, 10 September 2022, after being invited to address the Council of the European Union on [...]

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 Global Tax Top 10 – February 2022

BRUSSELS | FEBRUARY 2022 OECD Update on Pillar 1 & 2 Developments The OECD held a Tax Talks webinar on 21 February concerning recent and upcoming developments in the OECD’s international tax agenda, the first in almost a year, particularly focusing on updates on the two-pillar solution to tax challenges posed by the digital economy. During the introduction [...]

CFE’s Global Tax Top 10 – November 2021

BRUSSELS | NOVEMBER 2021 US House Approves Minimum Corporate Tax Legislation In November, the Unites States House of Representatives approved President Biden’s Build Back Better Act (H.R. 5376), a comprehensive legislation which also includes provisions relating to the OECD global tax agreement. The bill was passed with a narrow margin in favour (220-213), with Representatives voting [...]

CFE’s Global Tax Top 10 – October 2021

BRUSSELS | OCTOBER 2021 Historical Agreement on International Taxation Under OECD Auspices   The OECD’s Forum on Tax Administration issued the Tax Administration 2021 report in September, which compares data on particular aspects of tax administration and tax systems across 59 economies, compiled in the 2020 International Survey on Revenue Administration. The report examines the data to highlight [...]

CFE’s Global Tax Top 10 – September 2021

BRUSSELS | SEPTEMBER 2021 Tax Administrations Accelerate Digital Transformation   The OECD’s Forum on Tax Administration issued the Tax Administration 2021 report in September, which compares data on particular aspects of tax administration and tax systems across 59 economies, compiled in the 2020 International Survey on Revenue Administration. The report examines the data to highlight key trends, innovations [...]

CFE’s Global Tax Top 10 – July 2021

BRUSSELS | JULY 2021 130 Countries Sign Historic Agreement on International Tax Reform In July, 130 countries signed the global agreement on international tax reform, based on a two-pillar solution which allows multinational companies to pay more tax in the countries where they operate as well as a global minimum tax rate. As estimated by the OECD, [...]

CFE’s Global Tax Top 10 – June 2021

BRUSSELS | JUNE 2021 G7 Reach Historic Minimum Global Corporate Taxation Rate Agreement Finance Ministers from the G7 nations of Canada, France, Germany, Italy, Japan, the UK and the US reached a landmark decision to agree standards for minimum corporate taxation rates at their meeting which took place in London from 5 to 6 June. The Ministers from [...]