Proposal for Head Office Tax system for SMEs

The European Commission has released a proposed Directive which introduces the concept of Head Office Taxation, giving SMEs operating cross-border through permanent establishments the option to interact with only one tax administration instead of having to comply with multiple tax systems. In terms of this...

CFE Tax Top 5 (18 September 2023)

This week's edition of the CFE Tax Top 5 looks at the following: EU Publishes BEFIT & Transfer-Pricing Directive Proposals CFE Professional Affairs Conference: “Tax Adviser 2030: Evolution or Revolution for Tax Practice, Policy and Administration?” CFE Opinion Statement on the EU Commission FASTER Withholding...

BEFIT Directive proposal published

Earlier today, 12 September 2023, the European Commission adopted a package of initiatives intended to reduce tax  compliance costs for large, cross-border businesses in the EU. The Proposal for a Council Directive on Business in Europe: Framework for Income Taxation (BEFIT) establishes a common set of rules...

CFE Tax Top 5 (4 September 2023)

This week's edition of the CFE Tax Top 5 looks at the following: United Nations Assert Greater Role In International Tax Affairs CFE Professional Affairs Conference: “Tax Adviser 2030: Evolution or Revolution for Tax Practice, Policy and Administration?” OECD Working Paper on Taxation of Labour...

CFE Tax Top 5 (7 August 23)

This week's edition of the CFE Tax Top 5 looks at the following: EU Parliament Subcommittee on Tax Matters’ Fact Finding Mission in Singapore CFE Professional Affairs Conference: “Tax Adviser 2030: Evolution or Revolution for Tax Practice, Policy and Administration?” OECD Guidance on Mitigating Illicit...

CFE Tax Top 5 (24 July 2023)

This week's edition of the CFE Tax Top 5 looks at the following: OECD Tax Report to G20 Finance Ministers EU Parliament Subcommittee on Tax Matters Hearing on the Role of Enablers in Tax Evasion CFE Professional Affairs Conference: “Tax Adviser 2030: Evolution or Revolution...

CFE Tax Top 5 (3 July 2023)

This week's edition of the CFGE Tax Top 5 looks at the following: European Commission Publishes Progress Report on Pillar 1 EU Consultation on Carbon Border Adjustment Mechanism Reporting Obligations EESC Hearing: Possible Solutions to Taxation of Cross-Border Teleworkers – 4 July 2023 OECD Launches New...

DAC7 Guidelines

The Office of the CfR has published guidelines on reporting framework for Platform Operators (Council Directive (EU) 2021/514 of 22 March 2021 - DAC 7) contained in the Cooperation with other Jurisdictions on Tax Matters Regulations (S.L. 123. 127). View version 1.0 of the Guidelines here....

Proposed changes to EU withholding tax procedures

The European Commission has  proposed new rules to make withholding tax procedures in the EU more efficient and secure for investors, financial intermediaries (e.g. banks) and Member State tax administrations. The following key actions are proposed: A common EU digital tax residence certificate; and Two fast-track...