Tag: CFE’s Tax Top 5

BRUSSELS | 14 MARCH 2022 European Parliament Adopt Reports on Reforming Withholding Taxes & Simplifying Tax Systems At a Plenary session on 10 March 2022, the European Parliament adopted two reports setting out a series of recommendations for the Commission and Member States on reforming withholding taxes and simplifying tax systems. The Parliament in the report notes [...]

BRUSSELS | 7 MARCH 2022 ECOFIN Agenda: Global Minimum Corporate Tax & Carbon Border Adjustment Mechanis Finance Ministers will meet on 15 March at the next Council of the EU’s Economic and Financial Affairs Council meeting. At the meeting, finance and economic ministers will primarily focus on the EU directive on the implementation of the [...]

BRUSSELS | 28 FEBRUARY 2022 EU Council Reviews Tax Blacklist On 24 February, the Council of the EU reviewed its List of Non-Cooperative Jurisdictions for Tax Purposes (“Blacklist”). No jurisdictions were added to the list during the review. The following jurisdictions remain on the Blacklist: American Samoa, Fiji, Guam, Palau, Panama, Samoa, Trinidad and Tobago, US Virgin Islands and [...]

BRUSSELS | 21 FEBRUARY 2022 OECD Tax Talks: Update on Pillar 1 & 2 The OECD held a Tax Talks webinar today 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. [...]

BRUSSELS | 14 FEBRUARY 2022 OECD Public Consultation on Pillar 1 Nexus & Revenue Sourcing Draft Rules The OECD is inviting input until 18 February on Draft Rules for Nexus and Revenue Sourcing from the Pillar 1 solution to address the tax challenges arising from digitalisation and globalisation of the economy. This consultation concerns Amount A of Pillar [...]

BRUSSELS | 7 FEBRUARY 2022 OECD Launches Public Consultation on Pillar 1 Draft Rules for Nexus & Revenue Sourcing On 4 February, the OECD launched a public consultation concerning Draft Rules for Nexus and Revenue Sourcing from the Pillar 1 solution to address the tax challenges arising from digitalisation and globalisation of the economy. This consultation concerns Amount A [...]

BRUSSELS | 31 JANUARY 2022 EU Business Taxation Code of Conduct Group: Semester 1 2022 Work Programme The Council of the EU Code of Conduct Group on Business Taxation has published its work programme for the first semester of 2022 during the French Presidency of the Council of the European Union. The main priorities for [...]

BRUSSELS | 24 JANUARY 2022 EU Finance Ministers Discuss Pillar 2 Directive, Estonia Maintains Reservations On 18 January 2022 EU Finance Ministers held their first discussions concerning the European Commission proposal for an EU directive on global minimum level of taxation for multinational groups, proposed just prior to Christmas. The French Presidency of the Council of the EU [...]

BRUSSELS | 17 JANUARY 2022 EU Tax Policy Report - Semester II - July to December 2021 CFE Tax Advisers Europe has now published its EU Tax Policy Report covering the second semester of 2021. The EU Tax Policy Report is a bi-annual publication which provides a detailed analysis of significant primary law and tax policy developments [...]

BRUSSELS | 23 DECEMBER 2021 EU Commission Adopts Directive on Minimum Tax & OECD Model Rules Published The European Commission adopted yesterday the proposal for an EU directive on global minimum level of taxation for multinational groups. The directive intends to implement the OECD Pillar 2 agreement into the European Union, and will become EU law once adopted [...]