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...
Further to the announcement by the Office of the CfR in connection with the extension of the reporting deadlines under regulation 13 of the Cooperation with other Jurisdictions on Tax Matters Regulations (SL 123.127) (see MIT News 2 July 2020), the Cooperation with Other Jurisdictions...
This week's edition of the CFE Tax Top 5 looks at the following: 1. European Leaders Agree EU Recovery Plan & 2021- 2027 Budget At the Special European Council meeting which took place from 17 – 21 July, EU leaders reached an historic agreement after marathon negotiations on the EU recovery package proposal to “repair and prepare”...
On 15 July 2020 the European Commission adopted a new Tax Package which has been designed to ensure that EU tax policy supports Europe’s economic recovery and long-term growth. With an objective of tax fairness, the package seeks to address tax abuse and unfair tax competition and to...
On 14 July 2020, the European Commission issued a recommendation to Member States that they do not grant financial support to companies with links to countries that are on the EU’s list of non-cooperative tax jurisdictions. The recommendation also includes that restrictions should also apply to...
This week's edition of the CFE Tax Top 5 looks at the following: European Tax Professionals Call for Better Tax Governance: Joint Statement of CFE Tax Advisers Europe & Accountancy Europe; Fiscal State Aid: IKEA Decision to Expand Investigation & Apple General Court Judgment; Platform...
"Ahead of the European Commission Anti-fraud tax package, Accountancy Europe and CFE Tax Advisers Europe, leading European associations for tax professionals, highlight three areas for policymakers in which the current tax system could be improved whilst longer term reforms are being developed. Policymakers, taxpayers, and...
This week's edition of the CFE Tax Top 5 looks at the following: EU Prolongs State Aid Framework The European Commission has prolongedthe application of State Aid rules which were set to expire at the end of 2020, in order to minimise the economic impact of the...
Further to EU Council Directive 2020/876 of 24 June 2020 amending Directive 2011/16/EU (see MIT News 29 June 2020), the Commissioner for Revenue has announced that the first reporting deadlines under regulation 13 of the Cooperation with other Jurisdictions on Tax Matters Regulations (SL 123.127)...
