CFE Tax Top 5 – 9 March 2020

This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Publishes Tax Evasion & Tax Simplification Roadmap; Turnover Taxes Not Discriminatory: ECJ Decisions in Tesco & Vodafone; EU Green Deal – Energy Taxation & Carbon Border Adjustment Inception Impact Assessments; ...

CFE Tax Top 5 (2 March 2020)

This week's edition of the CFE Tax Top 5 looks at the following: Vestager: Member States’ Digital Taxes Not State Aid; European Semester Reports: Overview of Key Socio-Economic Parameters; ECJ Revisits ‘Final Losses’ Doctrine in Case C-405/18 AURES; OECD Publishes Dispute Resolution Reports; Taxpayers’ Rights:...

CFE Tax Top 5 – 24 February 2020

This week’s edition of the CFE Tax Top 5 looks at the following: EU Developments: Parliamentary Week & Article 116 TFEU to Bypass Unanimity in Tax at EU Level; G20 Communiqué: Overcome Remaining Differences for Further Progress; VAT: Simplified Rules for Small Businesses & Cross-Border...

Amendment to the ATAD Implementing Regulations

LN 29 of 2020 amends Regulation 10 of the EuropeanUnion Anti-Tax Avoidance Directives Implementation Regulations relating to Reverse Hybrid Mismatches, clarifying that this provision enters into effect on 1 January 2022....

New rules for exchange of payment data – a measure to combat VAT Fraud

On 18 February the EU Council adopted rules which will facilitate the detection of tax fraud in cross-border e-commerce transactions. These measures, which will apply as of 1 January 2024, complement the framework for e-commerce which will come into force on 1 January 2021 which...

Simplified VAT rules for SMES adopted

On 18 February 2020 the Council adopted simplified VAT rules applicable to SMEs. The rules are intended to reduce the administrative burden and compliance costs for small businesses and to enable them to trade cross-border more efficiently. The main change is the extension of the exemption for...

EU list of non-cooperative jurisdictions updated

On 18 February 2020 EU Finance Ministers updated the EU list of non-cooperative tax jurisdictions. In summary: 12 jurisdictions (American Samoa, Fiji, Guam, Oman, Samoa, Trinidad and Tobago, US Virgin Islands, Vanuatu, Cayman Islands, Palau, Seychelles and Panama) have been added to the list of non-cooperative tax jurisdictions; ...

CFE Tax Top 5 – 17 February 2020

This week’s edition of the CFE Tax Top 5 looks at the following: OECD Release Digital Tax Economic Analysis; EU Commission Publishes Anti-Money Laundering Roadmap; Proposal for DAC Directive Codification Published; OECD Release Transfer Pricing Guidance on Financial Transactions; February EU Infringement Package Published. The full...

CFE Tax Top 5 – 10 February 2020

This week’s edition of the CFE Tax Top 5 looks at the following: Code of Conduct Programme – Croatia’s EU Presidency; OECD Opens Consultation on Country by Country Reporting; DG TAXUD Review of EU Exchange of Information Framework; EU Commission Publishes 2020 Tax Policy Report; ...