CFE Tax Top 5 (23 January 2023)

This week's edition of the CFE Tax Top 5 looks at the following: ECOFIN: Swedish Presidency Priorities EU Consultation on Administrative Cooperation in VAT EU Parliament’s FISC: Public Hearing on BEFIT Updated OECD Pillar 1 & 2 Analysis EU Semester Reports 2023 Click here to view...

AEOI Guidelines updated

The Office of the CfR has informed Reporting Malta Financial Institutions that version 4.2 of the AEOI Implementing Guidelines has been published. The updates are indicated in section 1.4 and refer to section 14.1 (Relief for reporting on certain pre-existing accounts that are U.S. reportable...

CFE Tax Top 5 (16 January 2023)

This week's edition of the CFE Tax Top 5 looks at the following: Rentrée 2023: Anticipated EU Tax Developments in 2023 OECD Appoints New Director of Centre for Tax Policy & Administration EU Adopts Minimum Tax Directive ECJ: Airbnb Ireland & Airbnb Payments UK – Case C-83/21 ...

CFE Tax Top 5 (19 December 2022)

This week's edition of the CFE Tax Top 5 looks at the following: EU Adopts Minimum Tax Directive EU Progressed Landmark Agreement on Carbon Leakage Prevention OECD Publishes 2021 Peer Review Reports on the Exchange of Information on Tax Rulings OECD CFE Opinion Statement on Case C-538/20 (W...

EU Council formally adopts Directive on global minimum tax

In its final step in the legislative process, the EU Council has formally adopted a directive on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union (Pillar 2). Source: consilium.europa.eu...

OECD Consultation on Pillar 1 (Amount B)

The OECD has launched a public consultation on on the main design elements of Amount B under Pillar One in the context of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) to implement the Two-Pillar Solution to Address the Tax Challenges Arising...

Agreement on minimum taxation of multinationals

The Czech Presidency of the EU has announced the unanimous agreement of the Member States to approve the Commission's proposal for a Directive ensuring a minimum effective tax rate for large multinational groups. The proposed Directive will be formally adopted by written procedure.   source: ec.europa.eu...

CFE Tax Top 5 (5 December 2022)

This week's edition of the CFE Tax Top 5 looks at the following: EU Seeks to Define Aggressive Tax Planning ECJ Rules Public Access to Beneficial Ownership Registry Information Invalid Hungary Continues to Oppose Minimum Tax at EU Level OECD Publishes Updated Mutual Agreement Procedure...