The Office of the CfR has announced an extension to the deadline for the submission of the report containing Financial Account information relating to Reporting Year 2019. The provisions of Section 12.1.1 of the Implementing Guidelines on Automatic Exchange of Financial Account Information [Version 2], which...
This week’s edition of the CFE Tax Top 5 looks at the following: EU Approves Temporary State Aid Framework; ECOFIN Meeting Conducted by Teleconference; OECD COVID-19 Tax Policy Response Recommendations; EU Plans to Introduce AML Regulation; Global Forum Holds First Peer Review Meeting. Download the full...
This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Publishes EU Coordinated Response to Coronavirus Outbreak; OECD Publishes Responses to CbCR Consultation; UK to Proceed with Digital Tax; EU Publishes Industrial Policy Package; In Memoriam: Former CFE President Professor...
In a statement issued earlier today the EU Commission highlighted that EU State aid rules enable Member States to take action to support citizens and businesses, in particular SMEs, who are facing economic difficulties due to the COVID-19 outbreak. Measures which are compatible with State Aid rules: Examples...
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; ...
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:...
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...
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....
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...
