2020 VAT Gap forecast – a potential loss of €164 billion

The EU VAT Gap (the difference between expected revenues in EU Member States and the revenues actually collected) figures for 2020 forecast a potential loss of €164 billion in 2020 due to the effects of the coronavirus pandemic on the economy. The 2020 VAT Gap Report...

CFE Tax Top 5 (7 September 2020)

This week's edition of the CFE Tax Top 5 looks at the following: Germany: EU must form a fiscal union Save the Date: State of the Union Address of President von der Leyen UK Set to Abandon Level-Playing Field Commitments EU Consultation on Foreign Subsidies ...

CFE Tax Top 5 (31 August 2020)

This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Publishes ATAD Implementation Report The European Commission published a Report to the European Parliament and Council on the implementation of ATAD and ATAD2, the EU Anti-Tax Avoidance Directive, a factual document outlining the status...

ATAD Implementation Guidelines published

Guidelines on the European Union Anti-Tax Avoidance Directives Implementation Regulations, 2018 (S.L. 123.187) were published today by the Office of the CfR. The document provides guidance the scope and application of the rules concerning: Interest Deduction Limitations, Exit Taxation and CFCs. The guidelines can be downloaded here.   source: cfr.gov.mt...

CFE Tax Top 5 (24 August 2020)

This week's edition of the CFE Tax Top 5 looks at the following: UK Reportedly Set to Abandon Digital Tax Netherlands Progress Exit Tax on Multinationals Save the Date: CFE Professional Affairs Webinar Conference on Taxpayers Rights Shipping Industry Warns Against EU Emission Trading System...

CFE Tax Top 5 (17 August 2020)

This week's edition of the CFE Tax Top 5 looks at the following: Save the Date: CFE Professional Affairs Webinar Conference on Taxpayers Rights Save the date for the 13th European Webinar Conference on Tax Advisers’ Professional Affairs, to be held virtually on Friday, 20 November 2020, on the topic of “Taxpayer Rights...

CFE Tax Top 5 (10 August 2020)

This week's edition of the CFE Tax Top 5 looks at the following: OECD Updates COVID-19 Tax Policy Database; Calls for Increased Transparency in EU Code of Conduct Business Taxation Group; OECD Invites Input on Joint Transfer Pricing Project; EU Commission Proposes Special VAT Numbers...

CFE Tax Top 5 (3 August 2020)

This week's edition of the CFE tax Top 5 looks at the following: CFE’s EU Tax Policy Report – Semester I 2020; Brexit: Changes to VAT Treatment of Overseas Goods in the UK and Guidance on EU Imports; EU: Further Steps to Contend the COVID-19...