OECD Report: Taxing Virtual currencies

The OECD has published a report, with the participation of over 50 countries, which analyses the approaches and policy gaps across the main tax types (income, consumption and property taxes) in these countries in connection with virtual currencies. Taxing Virtual Currencies was prepared for presentation to the October 2020 meeting of...

CFE Tax Top 5 (5 October 2020)

This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Publishes VAT E-Commerce Explanatory Notes EU Commission Virtual Anti-Money Laundering Conference Tax Inspectors Without Borders Annual Report EU Commission Publishes Customs Union Action Plan Botswana, Eswatini, Jordan & Namibia Sign...

Proposal to give the Commission implementing powers in the area of VAT

The Commission has launched a roadmap toward the publication of a proposal for turning the VAT Committee into a ‘comitology committee’ - this would enable the VAT Committee to, by qualified majority, oversee the adoption of implementing acts by the Commission in the field of VAT. The...

Explanatory notes on new VAT e-commerce rules published

On 30 September 2020, the Commission published Explanatory Notes on the new VAT e-commerce rules. The notes are intended at providing an explanation of the amendments to the legislation which will enter into effect as of 1 July 2020. They are based on the views of...

CFE Tax Top 5 (28 September 2020)

This week's edition of the CFE Tax Top 5 looks at the following: New CFE Executive Board Appointed by General Assembly EU Commission Appeals General Court Apple State Aid Decision EU Parliament Elects Chairperson of Newly Established Tax Subcommittee EU Commission TAXUD Conference on Taxation &...

CFE Tax Top 5 (21 September 2020)

This week's edition of the CFE Tax Top 5 looks at the following: State of the Union Address – Own Resources & Environmental Taxes UN Tax Committee Consultation on Model Double Tax Treaty Revision Save the Date: CFE Professional Affairs Webinar Conference on Taxpayers Rights ...

DAC 6 – Notification deadline for non-disclosing intermediaries

​The Commissioner for Revenue has announced that due to the deferral of the reporting deadlines as a result of the COVID-19 pandemic, the period allowed for notification by non-disclosing intermediaries is being extended. In the case of cross-border arrangements subject to reporting in the period from...

CFE Tax Top 5 (14 September 2020)

This week's edition of the CFE Tax Top 5 looks at the following: Informal ECOFIN Meeting: 11 & 12 September OECD Examines Role of Tax Systems in COVID-19 Economic Recovery Save the Date: CFE Professional Affairs Webinar Conference on Taxpayers Rights VAT Gap Report Published...