This week's edition of the CFE Tax Top 5 looks at the following: EU Tax Policy Report – Semester II – July to December 2021 ECOFIN to Discuss EU Directive on Minimum Tax CFE Tax Advisers Europe Annual Report EU Shell Entities Directive EU Targets Portion of Carbon...
On 22 December, the European Commission proposed a Directive laying down rules to prevent the misuse of shell entities for tax purposes. This initiative is intended to ensure that entities in the European Union that have no or minimal economic activity are unable to benefit from...
On 22 December 2021 the European Commission proposed a Directive ensuring a minimum effective tax rate for the global activities of large multinational groups. The proposal follows the recent historic global tax reform agreement, setting out how the principles of the agreed 15% effective tax rate...
The Office of the CfR has issued the draft Transfer Pricing rules for public consultation. The draft rules can be viewed here. The consultation period ends on 28 February 2022....
The OECD has published model rules - the Pillar Two Model Rules - for the implementation of a minimum corporate tax rate of 15% which will apply to Multinational Enterprises (MNEs) with revenue above EUR 750 million. Click here to view the OECD press release and model rules....
The Office of the CfR has announced that access to the SFTP server by data providers for the purposes of upload of CRS, FATCA and CbCR reports will not be available. The server will be available again on the 20th December 2021 and access to the server...
This week's edition of the CFE Tax Top 5 looks at the following: France to Push EU Carbon Tax During Presidency of the Council of the EU FISC Hearing: Tax Avoidance & Evasion in the Pandora Papers CFE’s 14th European Conference on Professional Affairs: Professional...
This week's edition of the CFE Tax Top 5 looks at the following: European Parliament Adopts Public Country-by-Country Reporting Legislation Carbon Trading Mechanism Agreed at COP26: World’s Climate Policy Summit Register Now: CFE Conference on “Professional Judgment in Tax Planning” on 25 November 2021 Tax Inspectors...
The Office of the CfR has notified that the annual notification by non-disclosing intermediaries that is required in terms of regulation 13(7)(e) of the Cooperation with Other Jurisdictions on Tax Matters Regulations is now available for download from the CfR Website. The deadline for submission of this annual notification...
